Text: HSB00231 Text: HSB00233 Text: HSB00200 - HSB00299 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 257.20, subsection 2, paragraphs a and 1 2 b, Code 1999, are amended by striking the paragraphs and 1 3 inserting in lieu thereof the following: 1 4 a. However, for the fiscal year beginning July 1, 1999, 1 5 moneys appropriated under this subsection shall equal the 1 6 amount which would otherwise be appropriated as determined 1 7 under subsection 1 reduced by fifty percent of the difference 1 8 between the amount which would otherwise be appropriated as 1 9 determined under subsection 1 and the amount of moneys 1 10 appropriated as instructional support state aid for the budget 1 11 year beginning July 1, 1992. For the fiscal year beginning 1 12 July 1, 1999, the department of education shall prorate the 1 13 amount of the instructional support state aid provided to each 1 14 district. 1 15 b. A school district shall be authorized to levy an 1 16 additional amount of instructional support property tax in an 1 17 amount equivalent to the amount of instructional support state 1 18 aid it would otherwise have received but for the application 1 19 of paragraph "a" for the fiscal year beginning July 1, 1999. 1 20 The department of management shall calculate the amount of 1 21 additional instructional support property tax pursuant to 1 22 section 257.21. 1 23 Sec. 2. EFFECTIVE DATE. This Act, being deemed of 1 24 immediate importance, takes effect upon enactment. 1 25 EXPLANATION 1 26 This bill provides for the removal of a statutory 1 27 limitation on state funding for the instructional support 1 28 program. As originally enacted, the instructional support 1 29 program permitted school districts to increase their budgets 1 30 by 10 percent through a combination of state and local funds, 1 31 with a state and local contribution ratio of approximately 25 1 32 and 75 percent, respectively. Subsequent legislation limited 1 33 the state appropriation to the amount appropriated as 1 34 instructional support state aid for the school budget year 1 35 commencing on July 1, 1992, and provided that amounts 2 1 distributed shall be prorated to each school district 2 2 participating in the program in the event that the limitation 2 3 was insufficient to fully fund the 25 percent state portion. 2 4 The bill removes this limitation. 2 5 The bill provides that the limitation removal will be 2 6 phased in over a two-year period. The bill provides that, for 2 7 the fiscal year beginning July 1, 1999, the amount 2 8 appropriated will be reduced by 50 percent of the difference 2 9 between the amount which would be appropriated without the 2 10 limitation and the level appropriated for the budget year 2 11 commencing July 1, 1992. The bill provides that this amount 2 12 will be prorated by the department of education. Beginning 2 13 with the next fiscal year, commencing July 1, 2000, the 2 14 removal of the statutory limitation would be fully phased in, 2 15 with no reduction. 2 16 The bill additionally provides that a school district will 2 17 be authorized to levy an additional amount of property tax in 2 18 an amount equivalent to the amount of instructional support 2 19 state aid it would otherwise have received but for the 2 20 reduction for the fiscal year beginning July 1, 1999. The 2 21 department of management will calculate the amount of the 2 22 additional property tax pursuant to the provisions of Code 2 23 section 257.21. 2 24 The bill takes effect upon enactment. 2 25 LSB 2087YC 78 2 26 rn/jw/5.3
Text: HSB00231 Text: HSB00233 Text: HSB00200 - HSB00299 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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