House Journal: Page 1542: Wednesday, April 25, 2001
35 Sec. 10. EFFECTIVE DATE. Section 8 of this Act,
36 being deemed of immediate importance, takes effect
37 upon enactment."
38 2. Title page, by striking lines 1 and 2 and
39 inserting the following: "An Act relating to certain
40 school finance provisions and providing an effective
41 date."
Brunkhorst of Bremer offered the following amendment H(1667,
to the committee amendment H(1614, filed by him and Dolecheck of
Ringgold and moved its adoption:
H-1667
1 Amend the amendment, H-1614, to Senate File 203, as
2 passed by the Senate, as follows:
3 1. Page 2, by inserting after line 33, the
4 following:
5 "Sec. 100. Section 257.4, subsection 3, Code 2001,
6 is amended to read as follows:
7 3. APPLICATION OF TAX. No later than June 1 15 of
8 each year, the department of management shall notify
9 the county auditor of each county the amount, in
10 dollars and cents per thousand dollars of assessed
11 value, of the additional property tax levy in each
12 school district in the county. A county auditor shall
13 spread the additional property tax levy for each
14 school district in the county over all taxable
15 property in the district."
16 2. Page 7, by striking lines 16 through 27, and
17 inserting the following:
18 "e. For the budget year commencing July 1, 2006,
19 the greater of the difference between the regular
20 program district cost for the budget year and one
21 hundred one percent of the regular program district
22 cost for the base year, or fifty percent of the amount
23 by which the budget guarantee as calculated for the
24 budget year beginning July 1, 2001, exceeds the
25 adjusted guarantee amount. For purposes of this
26 paragraph, the "adjusted guarantee amount" means the
27 amount which would be applicable for the budget year
28 beginning July 1, 2006, if the budget guarantee were
29 determined for that budget year as calculated for the
30 budget year beginning July 1, 2001.
31 f. For the budget year commencing July 1, 2007,
32 the greater of the difference between the regular
33 program district cost for the budget year and one
34 hundred one percent of the regular program district
35 cost for the base year, or forty percent of the amount
36 by which the budget guarantee as calculated for the
37 budget year beginning July 1, 2001, exceeds the
© 2001 Cornell College and
League of Women Voters of Iowa
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