Text: HF02434                           Text: HF02436
Text: HF02400 - HF02499                 Text: HF Index
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House File 2435

Partial Bill History

Bill Text

PAG LIN
  1  1                                         HOUSE FILE 2435
  1  2 
  1  3                             AN ACT
  1  4 REPEALING A PROVISION AUTHORIZING THE RAISING OF AN ADDITIONAL
  1  5    ENRICHMENT AMOUNT TO FUND ASBESTOS REMOVAL PROJECTS.  
  1  6 
  1  7 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  1  8 
  1  9    Section 1.  Section 279.52, unnumbered paragraph 1, Code
  1 10 1999, is amended to read as follows:
  1 11    The board of directors may pay the actual cost of an
  1 12 asbestos project from any funds in the general fund of the
  1 13 district, funds received from the physical plant and equipment
  1 14 levy, funds received from the additional enrichment amount for
  1 15 an asbestos project in section 279.53, or moneys obtained
  1 16 through a federal asbestos loan program, to be repaid from any
  1 17 of the funds specified in this subsection over a three-year
  1 18 period.
  1 19    Sec. 2.  Section 298.14, unnumbered paragraphs 1 and 2,
  1 20 Code 1999, are amended to read as follows:
  1 21    For each fiscal year, the cumulative total of the percents
  1 22 of surtax approved by the board of directors of a school
  1 23 district and collected by the department of revenue and
  1 24 finance under sections 257.21, 257.29, 279.54, and 298.2, and
  1 25 the enrichment surtax under section 442.15, Code 1989, and an
  1 26 income surtax collected by a political subdivision under
  1 27 chapter 422D, shall not exceed twenty percent.
  1 28    A school district income surtax fund is created in the
  1 29 office of treasurer of state.  Income surtaxes collected by
  1 30 the department of revenue and finance under sections 257.21,
  1 31 257.29, 279.54, and 298.2 and section 442.15, Code 1989, shall
  1 32 be deposited in the school district income surtax fund to the
  1 33 credit of each school district.  A separate accounting of each
  1 34 surtax, by school district, shall be maintained.
  1 35    Sec. 3.  Sections 279.53 and 279.54, Code 1999, are
  2  1 repealed.  
  2  2 
  2  3 
  2  4                                                             
  2  5                               BRENT SIEGRIST
  2  6                               Speaker of the House
  2  7 
  2  8 
  2  9                                                             
  2 10                               MARY E. KRAMER
  2 11                               President of the Senate
  2 12 
  2 13    I hereby certify that this bill originated in the House and
  2 14 is known as House File 2435, Seventy-eighth General Assembly.
  2 15 
  2 16 
  2 17                                                             
  2 18                               ELIZABETH ISAACSON
  2 19                               Chief Clerk of the House
  2 20 Approved                , 2000
  2 21 
  2 22 
  2 23                               
  2 24 THOMAS J. VILSACK
  2 25 Governor
     

Text: HF02434                           Text: HF02436
Text: HF02400 - HF02499                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index

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