House Journal: Page 1536: Wednesday, April 25, 2001
41 boards of directors prior to November 30, 1990, and
42 the reorganization or dissolution takes is initiated
43 by a vote of the board of directors or jointly by the
44 affected boards of directors to take effect on or
45 after July 1, 1991 2002, and on or before July 1, 1993
46 2006. Each district which initiated, by a vote of the
47 board of directors or jointly by the affected boards,
48 action to bring about a reorganization or dissolution
49 by November 30, 1990 to take effect on or after July
50 1, 2002, and on or before July 1, 2006, shall certify
Page 2
1 the date and the nature of the action taken to the
2 department of education by September January 1, 1991
3 of the year in which the reorganization or dissolution
4 takes effect.
5 A reorganized school district which meets the
6 requirements of this section for reduced property tax
7 rates, but failed to vote on reorganization or
8 dissolution prior to November 30, 1990, and failed to
9 certify such action to the department of education by
10 September 1, 1991, shall cause to be levied a
11 foundation property tax of four dollars and sixty
12 cents per thousand dollars of assessed valuation on
13 all eligible taxable property pursuant to this
14 section. In succeeding school years, the foundation
15 property tax levy on that portion shall be increased
16 twenty cents per year until it reaches the rate of
17 five dollars and forty cents per thousand dollars of
18 assessed valuation.
19 The reduced property tax rates of reorganized
20 school districts that met the requirements of section
21 442.2, Code 1991, prior to July 1, 1991, shall
22 continue to increase as provided in that section until
23 they reach five dollars and forty cents.
24 Sec. 2. Section 257.3, subsection 3, Code 2001, is
25 amended by striking the subsection.
26 Sec. 3. Section 257.3, subsection 4, Code 2001, is
27 amended to read as follows:
28 4. RAILWAY CORPORATIONS. For purposes of section
29 257.1, the "amount per pupil of foundation property
30 tax" does not include the tax levied under subsection
31 1, 2, or 3 2 on the property of a railway corporation,
32 or on its trustee if the corporation has been declared
33 bankrupt or is in bankruptcy proceedings.
34 Sec. 4. Section 257.11, subsection 2, paragraph c,
35 Code 2001, is amended by striking the paragraph and
36 inserting in lieu thereof the following:
37 c. Pupils attending class for all or a substantial
38 portion of a school day pursuant to a whole grade
39 sharing agreement executed under sections 282.10
© 2001 Cornell College and
League of Women Voters of Iowa
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