Text: SF02251 Text: SF02253 Text: SF02200 - SF02299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 SENATE FILE 2252 1 2 1 3 AN ACT 1 4 ELIMINATING THE FUTURE REPEAL OF THE SCHOOL FINANCE FORMULA 1 5 AND PROVIDING FOR PERIODIC LEGISLATIVE REVIEW. 1 6 1 7 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 1 8 1 9 Section 1. 1989 Iowa Acts, chapter 135, section 135, is 1 10 repealed effective July 1, 2000. 1 11 Sec. 2. Section 257.1, Code Supplement 1999, is amended by 1 12 adding the following new subsection: 1 13 NEW SUBSECTION. 4. LEGISLATIVE REVIEW. The provisions of 1 14 this chapter shall be subject to legislative review at least 1 15 every five years. The review shall be based upon a school 1 16 finance formula status report containing the recommendations 1 17 of a legislative interim committee appointed to conduct a 1 18 review of the school finance formula, to be prepared with the 1 19 assistance of the department of education, in association with 1 20 the departments of management and revenue and finance. The 1 21 report shall include recommendations for school finance 1 22 formula changes or revisions based upon demographic changes, 1 23 enrollment trends, and property tax valuation fluctuations 1 24 observed during the preceding five-year interval; an analysis 1 25 of the operation of the school finance formula during the 1 26 preceding five-year interval; and a summary of issues that 1 27 have arisen since the previous review and potential approaches 1 28 for their resolution. The first such report shall be 1 29 submitted to the general assembly no later than January 1, 1 30 2005, with subsequent reports developed and submitted by 1 31 January 1 at least every fifth year thereafter. 1 32 1 33 1 34 1 35 MARY E. KRAMER 2 1 President of the Senate 2 2 2 3 2 4 2 5 BRENT SIEGRIST 2 6 Speaker of the House 2 7 2 8 I hereby certify that this bill originated in the Senate and 2 9 is known as Senate File 2252, Seventy-eighth General Assembly. 2 10 2 11 2 12 2 13 MICHAEL E. MARSHALL 2 14 Secretary of the Senate 2 15 Approved , 2000 2 16 2 17 2 18 2 19 THOMAS J. VILSACK 2 20 Governor
Text: SF02251 Text: SF02253 Text: SF02200 - SF02299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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