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