Text: SSB03163 Text: SSB03165 Text: SSB03100 - SSB03199 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. 1989 Iowa Acts, chapter 135, section 135, is 1 2 repealed effective July 1, 2000. 1 3 Sec. 2. Section 257.1, Code Supplement 1999, is amended by 1 4 adding the following new subsection: 1 5 NEW SUBSECTION. 4. LEGISLATIVE REVIEW. The provisions of 1 6 this chapter shall be subject to legislative review every five 1 7 years. The review shall be based upon a school finance 1 8 formula status report to be prepared by the department of 1 9 education, in association with the departments of management 1 10 and revenue and finance. The report shall include 1 11 recommendations for school finance formula changes or 1 12 revisions based upon the results of a survey of all school 1 13 districts in the state soliciting input regarding perceived 1 14 problem areas; demographic changes, enrollment trends, and 1 15 property tax valuation fluctuations observed by the 1 16 departments during the preceding five-year interval; an 1 17 analysis of the operation of the school finance formula during 1 18 the preceding five-year interval conducted by the departments; 1 19 recommendations of legislative interim committees impacting 1 20 the school finance formula conducted during the preceding 1 21 five-year period; and a summary of issues that have arisen 1 22 since the previous review and potential approaches for their 1 23 resolution. The first such report shall be submitted to the 1 24 general assembly by January 1, 2005, with subsequent reports 1 25 developed and submitted by January 1 of every fifth year 1 26 thereafter. 1 27 EXPLANATION 1 28 This bill provides for the repeal of 1989 Iowa Acts, 1 29 chapter 135, section 135, which establishes a sunset date of 1 30 July 1, 2001, for the school finance program. 1 31 The bill also requires legislative review of the provisions 1 32 of Code chapter 257 every five years. The bill provides that 1 33 the review will be based upon a school finance formula status 1 34 report prepared by the department of education, in association 1 35 with the departments of management and revenue and finance. 2 1 The bill provides that the report will include recommendations 2 2 for school finance formula changes or revisions based upon the 2 3 results of a survey of all school districts in the state; 2 4 demographic changes, enrollment trends, and property tax 2 5 valuation fluctuations observed by the departments; an 2 6 analysis of the operation of the school finance formula during 2 7 the preceding five-year interval conducted by the departments; 2 8 recommendations of legislative interim committees impacting 2 9 the school finance formula; and a summary of issues that have 2 10 arisen since the previous review and potential approaches for 2 11 their resolution. The bill requires that the first report be 2 12 submitted to the general assembly by January 1, 2005, with 2 13 subsequent reports developed and submitted by January 1 every 2 14 fifth year thereafter. 2 15 LSB 5270XC 78 2 16 rn/cls/14
Text: SSB03163 Text: SSB03165 Text: SSB03100 - SSB03199 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
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