Text: HF02382 Text: HF02384 Text: HF02300 - HF02399 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 257.20, subsection 2, Code 1997, is
1 2 amended by adding the following new paragraph:
1 3 NEW PARAGRAPH. c. If the department of education prorates
1 4 the amount of the instructional support state aid paid to each
1 5 district pursuant to paragraph "b", the board of directors of
1 6 a district shall be authorized to impose an additional
1 7 instructional support property tax, or a combination of an
1 8 additional instructional support property tax and an
1 9 additional instructional support income surtax, that would
1 10 raise an amount calculated by the department of management to
1 11 equal the difference between what the district would be
1 12 entitled to receive if the instructional support levy were
1 13 fully funded pursuant to subsection 1, and the amount of the
1 14 prorated state aid calculated pursuant to paragraph "b".
1 15 The additional taxing authority pursuant to this paragraph
1 16 shall be granted for each budget year in which a prorated
1 17 state aid payment is received, for a period not to exceed the
1 18 duration of the underlying instructional support program. The
1 19 amount of additional instructional support property tax and
1 20 additional instructional support income surtax, if imposed,
1 21 may be determined by the board of directors in a different
1 22 proportion than for the instructional support property tax and
1 23 instructional support income surtax imposed for the underlying
1 24 instructional support program. Certification procedures
1 25 regarding imposition of additional instructional support
1 26 property tax or additional instructional support income surtax
1 27 shall be as provided in sections 257.19 and 257.25. The
1 28 payments shall be calculated, paid, and deposited at the same
1 29 time and in the same manner as provided in sections 257.21
1 30 through 257.26.
1 31 EXPLANATION
1 32 This bill provides school districts receiving a prorated
1 33 instructional support state aid payment with additional taxing
1 34 authority to fully fund the instructional support program.
1 35 The bill provides that the board of directors of a school
2 1 district shall be authorized to impose an additional
2 2 instructional support property tax, or a combination of an
2 3 additional instructional support property tax and an
2 4 additional instructional support income surtax, in an amount
2 5 calculated by the department of management to equal the
2 6 difference between what the district would be entitled to
2 7 receive if the instructional support levy were fully funded
2 8 pursuant to Code section 257.20, subsection 1, and the amount
2 9 of the prorated state aid calculated pursuant to Code section
2 10 257.20, subsection 2, paragraph "b".
2 11 The bill provides that the additional taxing authority
2 12 shall be granted for each budget year in which a prorated
2 13 state aid payment is received, for a period not to exceed the
2 14 duration of the underlying instructional support program, and
2 15 that the amount of additional instructional support property
2 16 tax and additional instructional support income surtax, if
2 17 imposed, may be determined by the board of directors in a
2 18 different proportion than the underlying instructional support
2 19 property tax and income surtax amounts. The bill provides
2 20 that certification procedures regarding imposition of the
2 21 additional tax shall be the same as for regular instructional
2 22 support funding.
2 23 LSB 3572HH 77
2 24 rn/sc/14
Text: HF02382 Text: HF02384 Text: HF02300 - HF02399 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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