Text: S03045                            Text: S03047
Text: S03000 - S03099                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

Senate Amendment 3046

Amendment Text

PAG LIN
  1  1    Amend Senate File 266 as follows:
  1  2    #1.  Page 1, line 5, by striking the word "forty"
  1  3 and inserting the following:  "thirty".
  1  4    #2.  Page 1, line 6, by striking the word "one-
  1  5 half" and inserting the following:  "three-eighths".
  1  6    #3.  Page 1, by inserting after line 16 the
  1  7 following:
  1  8    "Sec. ___.  Section 260C.17, Code 1999, is amended
  1  9 to read as follows:
  1 10    260C.17  PREPARATION AND APPROVAL OF BUDGET – TAX.
  1 11    The board of directors of each merged area shall
  1 12 prepare an annual budget designating the proposed
  1 13 expenditures for operation of the community college.
  1 14 The board shall further designate the amounts which
  1 15 are to be raised by local taxation and the amounts
  1 16 which are to be raised by other sources of revenue for
  1 17 the operation.  The budget of each merged area shall
  1 18 be submitted to the state board no later than May 1
  1 19 preceding the next fiscal year for approval.  The
  1 20 state board shall review the proposed budget and
  1 21 shall, prior to June 1, either grant its approval or
  1 22 return the budget without approval with the comments
  1 23 of the state board attached to it.  Any unapproved
  1 24 budget shall be resubmitted to the state board for
  1 25 final approval.  Upon approval of the budget by the
  1 26 state board, the board of directors shall certify the
  1 27 amount to the respective county auditors and the
  1 28 boards of supervisors annually shall levy a tax of
  1 29 twenty thirty and one-fourth three-eighths cents per
  1 30 thousand dollars of assessed value on taxable property
  1 31 in a merged area for the operation of a community
  1 32 college.  Taxes collected pursuant to the levy shall
  1 33 be paid by the respective county treasurers to the
  1 34 treasurer of the merged area as provided in section
  1 35 331.552, subsection 29.
  1 36    It is the policy of this state that the property
  1 37 tax for the operation of community colleges shall not
  1 38 in any event exceed twenty thirty and one-fourth
  1 39 three-eighths cents per thousand dollars of assessed
  1 40 value, and that the present and future costs of such
  1 41 operation in excess of the funds raised by such levy
  1 42 shall be the responsibility of the state and shall not
  1 43 be paid from property tax."
  1 44    #4.  Page 1, line 21, by striking the word "forty"
  1 45 and inserting the following:  "thirty".
  1 46    #5.  Page 1, line 22, by striking the word "one-
  1 47 half" and inserting the following:  "three-eighths".
  1 48    #6.  Page 2, line 15, by striking the words "forty
  1 49 and one-half" and inserting the following:  "thirty
  1 50 and three-eighths".
  2  1    #7.  Title page, by striking line 2 and inserting
  2  2 the following:  "operations and facilities levies".  
  2  3 
  2  4 
  2  5                               
  2  6 JOHN P. KIBBIE 
  2  7 BILL FINK 
  2  8 SF 266.701 78
  2  9 rn/sc
     

Text: S03045                            Text: S03047
Text: S03000 - S03099                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

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