Text: H08964 Text: H08966 Text: H08900 - H08999 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 2447, as amended, passed, and 1 2 reprinted by the Senate, as follows: 1 3 #1. Page 5, line 30, by inserting after the word 1 4 "impact" the following: ", including any projected 1 5 increase in revenue received from a local sales and 1 6 services tax for school infrastructure imposed 1 7 pursuant to section 422E.2". 1 8 #2. Page 9, by inserting after line 5 the 1 9 following: 1 10 "4. If a local sales and services tax for school 1 11 infrastructure is imposed pursuant to section 422E.2 1 12 in the county of an applicant receiving financial 1 13 assistance under the program, any amount of revenue 1 14 received by the county from the local sales and 1 15 services tax for school infrastructure above the 1 16 amount received by the county from the local sales and 1 17 services tax for school infrastructure at the time the 1 18 application is approved shall be distributed to all 1 19 school districts in the state on a per pupil basis." 1 20 #3. Page 24, line 19, by striking the words "a 1 21 total tax and on". 1 22 #4. Page 24, line 20, by inserting after the word 1 23 "district." the following: "The department of 1 24 education, in consultation with the department of 1 25 revenue and finance and the legislative fiscal bureau, 1 26 shall annually calculate the sales tax capacity for 1 27 each school district in order to determine the sales 1 28 tax capacity for the school district at the fiftieth 1 29 percentile for purposes of subsection 5." 1 30 #5. Page 25, by striking lines 15 through 17 and 1 31 inserting the following: "center." 1 32 #6. Page 27, line 4, by striking the word "A" and 1 33 inserting the following: "Except as provided in 1 34 subsection 4A, a". 1 35 #7. Page 27, by inserting after line 21 the 1 36 following: 1 37 "4A. If all applications are approved or denied 1 38 during a fiscal year and money is remaining in the 1 39 fund, a school district may apply for and, upon 1 40 approval, receive a second grant under the program." 1 41 #8. Page 27, by striking line 25 and inserting the 1 42 following: "requirement. If a local sales and 1 43 services tax for infrastructure is imposed pursuant to 1 44 section 422E.2 in the county of a school district 1 45 receiving financial assistance under the program, then 1 46 the school district's grant shall be reduced by an 1 47 amount equal to the amount of local sales and services 1 48 tax for infrastructure revenue received by the school 1 49 district minus the sales tax capacity of the school 1 50 district at the fiftieth percentile for sales tax 2 1 capacity. 2 2 5A. The program shall provide grants in an amount 2 3 of". 2 4 2 5 2 6 2 7 RICHARDSON of Warren 2 8 SF 2447.217 78 2 9 tm/gg
Text: H08964 Text: H08966 Text: H08900 - H08999 Text: H Index Bills and Amendments: General Index Bill History: General Index
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