Text: HSB00603                          Text: HSB00605
Text: HSB00600 - HSB00699               Text: HSB Index
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House Study Bill 604

Bill Text

PAG LIN
  1  1    Section 1.  Section 257.8, subsection 1, Code Supplement
  1  2 2001, is amended to read as follows:
  1  3    1.  STATE PERCENT OF GROWTH.  The state percent of growth
  1  4 for the budget year beginning July 1, 2001, is four percent.
  1  5 The state percent of growth for the budget year beginning July
  1  6 1, 2002, is four one percent.  The state percent of growth for
  1  7 each subsequent budget year shall be established by statute
  1  8 which shall be enacted within thirty days of the submission in
  1  9 the year preceding the base year of the governor's budget
  1 10 under section 8.21.  The establishment of the state percent of
  1 11 growth for a budget year shall be the only subject matter of
  1 12 the bill which enacts the state percent of growth for a budget
  1 13 year.
  1 14    Sec. 2.  STATE FOUNDATION AID APPROPRIATION.
  1 15 Notwithstanding section 257.16, for the fiscal year beginning
  1 16 July 1, 2002, and ending June 30, 2003, there is appropriated
  1 17 from the general fund of the state to the department of
  1 18 education the following amount, or so much thereof as is
  1 19 necessary, to be used for the purpose designated:  
  1 20    For state foundation aid: ..................... $1,784,090,500
  1 21    If the amount appropriated in this section is less than the
  1 22 amount required pursuant to section 257.16, unnumbered
  1 23 paragraph 1, the difference shall be deducted from the
  1 24 payments to each school district in the same ratio that the
  1 25 budget enrollment of the school district for the budget year
  1 26 beginning July 1, 2002, bears to the total budget enrollment
  1 27 in the state for that budget year.
  1 28    Sec. 3.  EFFECTIVE DATE.  This Act, being deemed of
  1 29 immediate importance, takes effect upon enactment.  
  1 30                           EXPLANATION
  1 31    This bill provides for the establishment of a revised state
  1 32 percent of growth for the school budget year beginning July 1,
  1 33 2002.  The bill reduces the state percent of growth for the
  1 34 budget year beginning July 1, 2002, from 4 to 1 percent.
  1 35 Additionally, the bill provides that notwithstanding Code
  2  1 section 257.16, which provides a standing appropriation in an
  2  2 amount necessary to pay state foundation aid and supplementary
  2  3 aid, for the fiscal year beginning July 1, 2002, and ending
  2  4 June 30, 2003, $1,784,090,500 shall be appropriated from the
  2  5 general fund of the state to the department of education for
  2  6 this purpose.  The bill provides that if this appropriation is
  2  7 insufficient to fully fund state foundation aid and
  2  8 supplementary aid, the difference shall be deducted from the
  2  9 payments to each school district in the same ratio that the
  2 10 budget enrollment of the school district for the budget year
  2 11 beginning July 1, 2002, bears to the total budget enrollment
  2 12 in the state for the budget year.
  2 13    The bill takes effect upon enactment.  
  2 14 LSB 5688XL 79
  2 15 rn/pj/5.1
     

Text: HSB00603                          Text: HSB00605
Text: HSB00600 - HSB00699               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index

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