Text: H01666                            Text: H01668
Text: H01600 - H01699                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index



House Amendment 1667

Amendment Text

PAG LIN
  1  1    Amend the amendment, H-1614, to Senate File 203, as
  1  2 passed by the Senate, as follows:
  1  3    #1.  Page 2, by inserting after line 33, the
  1  4 following:
  1  5    "Sec. 100.  Section 257.4, subsection 3, Code 2001,
  1  6 is amended to read as follows:
  1  7    3.  APPLICATION OF TAX.  No later than June 1 15 of
  1  8 each year, the department of management shall notify
  1  9 the county auditor of each county the amount, in
  1 10 dollars and cents per thousand dollars of assessed
  1 11 value, of the additional property tax levy in each
  1 12 school district in the county.  A county auditor shall
  1 13 spread the additional property tax levy for each
  1 14 school district in the county over all taxable
  1 15 property in the district."
  1 16    #2.  Page 7, by striking lines 16 through 27, and
  1 17 inserting the following:
  1 18    "e.  For the budget year commencing July 1, 2006,
  1 19 the greater of the difference between the regular
  1 20 program district cost for the budget year and one
  1 21 hundred one percent of the regular program district
  1 22 cost for the base year, or fifty percent of the amount
  1 23 by which the budget guarantee as calculated for the
  1 24 budget year beginning July 1, 2001, exceeds the
  1 25 adjusted guarantee amount.  For purposes of this
  1 26 paragraph, the "adjusted guarantee amount" means the
  1 27 amount which would be applicable for the budget year
  1 28 beginning July 1, 2006, if the budget guarantee were
  1 29 determined for that budget year as calculated for the
  1 30 budget year beginning July 1, 2001.
  1 31    f.  For the budget year commencing July 1, 2007,
  1 32 the greater of the difference between the regular
  1 33 program district cost for the budget year and one
  1 34 hundred one percent of the regular program district
  1 35 cost for the base year, or forty percent of the amount
  1 36 by which the budget guarantee as calculated for the
  1 37 budget year beginning July 1, 2001, exceeds the
  1 38 adjusted guarantee amount.  For purposes of this
  1 39 paragraph, the "adjusted guarantee amount" means the
  1 40 amount which would be applicable for the budget year
  1 41 beginning July 1, 2007, if the budget guarantee were
  1 42 determined for that budget year as calculated for the
  1 43 budget year beginning July 1, 2001.
  1 44    g.  For the budget year commencing July 1, 2008,
  1 45 the greater of the difference between the regular
  1 46 program district cost for the budget year and one
  1 47 hundred one percent of the regular program district
  1 48 cost for the base year, or thirty percent of the
  1 49 amount by which the budget guarantee as calculated for
  1 50 the budget year beginning July 1, 2001, exceeds the
  2  1 adjusted guarantee amount.  For purposes of this
  2  2 paragraph, the "adjusted guarantee amount" means the
  2  3 amount which would be applicable for the budget year
  2  4 beginning July 1, 2008, if the budget guarantee were
  2  5 determined for that budget year as calculated for the
  2  6 budget year beginning July 1, 2001.
  2  7    h.  For the budget year commencing July 1, 2009,
  2  8 the greater of the difference between the regular
  2  9 program district cost for the budget year and one
  2 10 hundred one percent of the regular program district
  2 11 cost for the base year, or twenty percent of the
  2 12 amount by which the budget guarantee as calculated for
  2 13 the budget year beginning July 1, 2001, exceeds the
  2 14 adjusted guarantee amount.  For purposes of this
  2 15 paragraph, the "adjusted guarantee amount" means the
  2 16 amount which would be applicable for the budget year
  2 17 beginning July 1, 2009, if the budget guarantee were
  2 18 determined for that budget year as calculated for the
  2 19 budget year beginning July 1, 2001.
  2 20    i.  For the budget year commencing July 1, 2010,
  2 21 the greater of the difference between the regular
  2 22 program district cost for the budget year and one
  2 23 hundred one percent of the regular program district
  2 24 cost for the base year, or ten percent of the amount
  2 25 by which the budget guarantee as calculated for the
  2 26 budget year beginning July 1, 2001, exceeds the
  2 27 adjusted guarantee amount.  For purposes of this
  2 28 paragraph, the "adjusted guarantee amount" means the
  2 29 amount which would be applicable for the budget year
  2 30 beginning July 1, 2010, if the budget guarantee were
  2 31 determined for that budget year as calculated for the
  2 32 budget year beginning July 1, 2001.
  2 33    j.  For the budget year commencing July 1, 2011,
  2 34 and each budget year thereafter, the difference
  2 35 between the regular program district cost for the
  2 36 budget year and one hundred one percent of the regular
  2 37 program district cost for the base year.
  2 38    For the purposes of this subsection, a school
  2 39 district shall be eligible to apply the eighty,
  2 40 seventy, sixty, fifty, forty, thirty, twenty, and ten
  2 41 percent provisions in paragraphs "b" through "i", only
  2 42 if the school district received a budget adjustment
  2 43 for the budget year beginning July 1, 2002, based on
  2 44 the ninety percent provision in paragraph "a"."
  2 45    #3.  Page 7, by striking lines 35 and 36, and
  2 46 inserting the following:
  2 47    "Sec.    .  EFFECTIVE DATE.  Sections 100 and 8 of
  2 48 this Act, being deemed of immediate importance, take
  2 49 effect".
  2 50    #4.  By renumbering as necessary.  
  3  1 
  3  2 
  3  3                               
  3  4 BRUNKHORST of Bremer
  3  5 
  3  6 
  3  7                               
  3  8 DOLECHECK of Ringgold 
  3  9 SF 203.304 79
  3 10 rn/cf
     

Text: H01666                            Text: H01668
Text: H01600 - H01699                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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