Text: H01724                            Text: H01726
Text: H01700 - H01799                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

House Amendment 1725

Amendment Text

PAG LIN
  1  1    Amend the Committee amendment, H-1618, to Senate
  1  2 File 464, as amended, passed, and reprinted by the
  1  3 Senate, as follows:
  1  4    #1.  Page 4, by striking line 20 and inserting the
  1  5 following:  
  1  6 ".................................................. $     50,000"
  1  7    #2.  Page 6, by striking line 7 and inserting the
  1  8 following:  
  1  9 ".................................................. $    700,000"
  1 10    #3.  Page 8, by striking line 15 and inserting the
  1 11 following:  
  1 12 ".................................................. $    650,000"
  1 13    #4.  Page 8, by striking line 37 and inserting the
  1 14 following:  
  1 15 ".................................................. $    185,000"
  1 16    #5.  Page 8, lines 41 and 42, by striking the words
  1 17 and figure "enrolled in grade 12".
  1 18    #6.  Page 9, by inserting after line 2 the
  1 19 following:
  1 20    "   .  A school district that submits to the
  1 21 department a claim for reimbursement in accordance
  1 22 with this subsection shall develop and integrate
  1 23 specific employability skills goals and activities
  1 24 into the comprehensive school improvement plan
  1 25 required under section 256.7, subsection 21, paragraph
  1 26 "a"."
  1 27    #7.  Page 9, by inserting after line 21 the
  1 28 following:
  1 29    "   .  BEGINNING TEACHER INDUCTION PROGRAM
  1 30    For purposes of the beginning teacher induction
  1 31 program as provided in section 256E.2, if enacted by
  1 32 1999 Iowa Acts, Senate File 232:  
  1 33 .................................................. $    300,000
  1 34    Notwithstanding section 8.33, moneys appropriated
  1 35 in this section that remain unencumbered or
  1 36 unobligated at the close of the fiscal year shall not
  1 37 revert but shall remain available for expenditure for
  1 38 the purposes designated until the close of the
  1 39 succeeding fiscal year."
  1 40    #8.  Page 10, line 47, by striking the figure
  1 41 "460,000" and inserting the following:  "675,000".
  1 42    #9.  Page 11, by inserting after line 25 the
  1 43 following:
  1 44    "   .  The sum of $165,000 to the department of
  1 45 education for reimbursement of school district claims
  1 46 for the costs of acquiring and using employability
  1 47 skills assessment tools as provided in section 7,
  1 48 subsection 14, of this Act.
  1 49       .  The sum of $50,000 to the department of
  1 50 cultural affairs for the local arts comprehensive
  2  1 educational strategies program (LACES) for contracting
  2  2 with the Iowa alliance for arts education to execute
  2  3 their local arts comprehensive educational strategies.
  2  4 The sum reallocated in this lettered paragraph is in
  2  5 addition to funds appropriated in section 6,
  2  6 subsection 5, of this Act."
  2  7    #10.  Page 11, lines 30 and 31, by striking the
  2  8 words "the boards of directors of the community
  2  9 colleges" and inserting the following:
  2 10 "representatives of the Iowa association of community
  2 11 college trustees".
  2 12    #11.  Page 13, by striking line 9 and inserting the
  2 13 following:  
  2 14 ".................................................. $237,554,141"
  2 15    #12.  Page 16, by striking line 30 and inserting
  2 16 the following:  
  2 17 ".................................................. $185,808,896"
  2 18    #13.  Page 16, by striking line 47 and inserting
  2 19 the following:  
  2 20 ".................................................. $ 22,706,446"
  2 21    #14.  Page 17, by striking line 40 and inserting
  2 22 the following:  
  2 23 ".................................................. $ 83,402,982"
  2 24    #15.  Page 19, by striking lines 9 through 12.
  2 25    #16.  By striking page 21, line 43, through page
  2 26 22, line 4 and inserting the following:
  2 27    "Sec.    .  Section 256.22, subsection 2, Code
  2 28 1999, is amended to read as follows:
  2 29    2.  Grant moneys shall be distributed to qualifying
  2 30 school districts by the department no later than
  2 31 October 15, 1998 1999.  Grant amounts shall be
  2 32 distributed as determined by the department."
  2 33    #17.  Page 22, by inserting after line 46 the
  2 34 following:
  2 35    "Sec.    .  Section 261.17, subsection 3,
  2 36 unnumbered paragraph 1, Code 1999, is amended to read
  2 37 as follows:
  2 38    A qualified full-time student may receive
  2 39 vocational-technical tuition grants for not more than
  2 40 four semesters, eight quarters or the trimester or
  2 41 quarter equivalent of two full years of study.  The
  2 42 amount of a vocational-technical tuition grant to a A
  2 43 qualified part-time student enrolled in a course of
  2 44 study including at least three semester hours but
  2 45 fewer than twelve semester hours or the trimester or
  2 46 quarter equivalent shall be equal to the amount of a
  2 47 tuition grant that would be paid to a full-time
  2 48 student times a number which represents the number of
  2 49 hours in which the part-time student is actually
  2 50 enrolled divided by twelve semester hours, may receive
  3  1 vocational-technical tuition grants for not more than
  3  2 eight semesters or the trimester or quarter equivalent
  3  3 of two full years of full-time study."
  3  4    #18.  Page 22, line 49, by inserting after the
  3  5 figure "4." the following:  "a."
  3  6    #19.  Page 22, line 50, by inserting after the word
  3  7 "grant" the following:  "to a qualified full-time
  3  8 student".
  3  9    #20.  Page 23, by inserting after line 2 the
  3 10 following:
  3 11    "b.  The amount of a vocational-technical tuition
  3 12 grant to a qualified part-time student enrolled in a
  3 13 course of study including at least three semester
  3 14 hours but fewer than twelve semester hours or the
  3 15 trimester or quarter equivalent shall be equal to the
  3 16 amount of a vocational-technical tuition grant that
  3 17 would be paid to a full-time student, except that the
  3 18 commission shall prorate the amount in a manner
  3 19 consistent with the federal Pell grant program
  3 20 proration."
  3 21    #21.  Page 23, by inserting after line 20 the
  3 22 following:
  3 23    "Sec.    .  Section 261.38, subsection 1, Code
  3 24 1999, is amended to read as follows:
  3 25    1.  The commission shall establish a loan reserve
  3 26 account from which any default on a guaranteed student
  3 27 loan shall be paid and an agency operating account as
  3 28 authorized by the federal Higher Education Act of
  3 29 1965.  The commission shall credit to this account
  3 30 these accounts all moneys designated exclusively for
  3 31 the reserve fund provided for the state student loan
  3 32 program by the United States, the state of Iowa, or
  3 33 any of their agencies, departments or
  3 34 instrumentalities, as well as any funds accruing to
  3 35 the program which are not required for current
  3 36 administrative expenses.  The department of management
  3 37 shall determine the actuarially sound reserve
  3 38 requirement for the amount of guaranteed loans
  3 39 outstanding commission may expend moneys in the loan
  3 40 reserve and agency operating accounts as authorized by
  3 41 the federal Higher Education Act of 1965.
  3 42    Sec.    .  Section 261.38, subsection 2, Code 1999,
  3 43 is amended by striking the subsection.
  3 44    Sec.    .  Section 261.38, subsections 3, 4, and 5,
  3 45 Code 1999, are amended to read as follows:
  3 46    3.  The payment of any funds for the default on a
  3 47 guaranteed student loan shall be solely from the loan
  3 48 reserve account and agency operating accounts.  The
  3 49 general assembly shall not be obligated to appropriate
  3 50 any moneys to pay for any defaults or to appropriate
  4  1 any moneys to be credited to the loan reserve account.
  4  2 The commission shall not give or lend the credit of
  4  3 the state of Iowa.
  4  4    4.  Funds Notwithstanding section 8.33, funds on
  4  5 deposit in the loan reserve account or in the
  4  6 administrative account and operating accounts shall
  4  7 not revert to the state general fund at the close of
  4  8 any fiscal year.
  4  9    5.  The treasurer of state shall invest any funds,
  4 10 including those in the loan reserve account and
  4 11 operating accounts, and, notwithstanding section
  4 12 12C.7, the interest income earned shall be credited
  4 13 back to the loan reserve appropriate account.
  4 14    Sec.    .  Section 261.38, subsection 6, Code 1999,
  4 15 is amended by striking the subsection.
  4 16    Sec.    .  Section 261.38, subsection 7, unnumbered
  4 17 paragraph 1, Code 1999, is amended to read as follows:
  4 18    The commission may expend funds in the reserve
  4 19 account and enter into agreements with the Iowa
  4 20 student loan liquidity corporation in order to
  4 21 increase access for students to education loan
  4 22 programs that the commission determines meet the
  4 23 education needs of Iowa residents.  The agreements
  4 24 shall permit the establishment, funding, and operation
  4 25 of alternative education loan programs, as described
  4 26 in section 144(b)(1)(B) of the Internal Revenue Code
  4 27 of 1986 as amended, as defined in section 422.3, in
  4 28 addition to programs permitted under the federal
  4 29 Higher Education Act of 1965.  In accordance with
  4 30 those agreements, the Iowa student loan liquidity
  4 31 corporation may issue bonds, notes, or other
  4 32 obligations to the public and others for the purpose
  4 33 of funding the alternative education loan programs.
  4 34 This authority to issue such bonds, notes, or other
  4 35 obligations shall be in addition to the authority
  4 36 established in the articles of incorporation and
  4 37 bylaws of the Iowa student loan liquidity
  4 38 corporation."
  4 39    #22.  By renumbering, relettering, and
  4 40 redesignating as necessary.  
  4 41 
  4 42 
  4 43                               
  4 44 HANSEN of Pottawattamie 
  4 45 SF 464.728 78
  4 46 kh/sc
     

Text: H01724                            Text: H01726
Text: H01700 - H01799                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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