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Senate File 2252

Partial Bill History

Bill Text

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  1 10 repealed effective July 1, 2000.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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