Text: H01226 Text: H01228 Text: H01200 - H01299 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Amend House File 663 as follows:
1 2 #1. Page 1, by inserting after line 25 the
1 3 following:
1 4 "Sec. . NEW SECTION. 298.2A PHYSICAL PLANT
1 5 AND EQUIPMENT LEVY STATE FUND – DISTRIBUTION.
1 6 1. A physical plant and equipment levy state fund
1 7 is created as a separate and distinct fund in the
1 8 state treasury under the control of the department of
1 9 education. Any moneys disbursed from the fund shall
1 10 be used as provided in section 298.3.
1 11 2. For the school budget year beginning July 1,
1 12 2004, and for each succeeding budget year, the county
1 13 treasurer shall remit to the department of education
1 14 for deposit into the physical plant and equipment levy
1 15 state fund the property tax revenues received from the
1 16 collection during the school budget year of the
1 17 regular physical plant and equipment levy.
1 18 3. The amount deposited in the physical plant and
1 19 equipment levy state fund in a budget year shall be
1 20 distributed as follows:
1 21 a. Each school district that has imposed the
1 22 regular physical plant and equipment levy shall
1 23 receive an amount per pupil equal to the amount in the
1 24 state fund divided by the combined actual enrollment
1 25 of all school districts that impose such levy. The
1 26 actual enrollment figures for each such school
1 27 district reported by October 1 to the department of
1 28 education pursuant to section 257.6, subsection 1,
1 29 shall be used to determine the combined actual
1 30 enrollment.
1 31 b. Notwithstanding the computation of the amount
1 32 per pupil in paragraph "a", if a school district has
1 33 incurred indebtedness or issued bonds which were
1 34 incurred or issued prior to April 1, 2003, and that
1 35 certifies that the amount to be received pursuant to
1 36 paragraph "a" plus any amount to be received from the
1 37 voter-approved physical plant and equipment levy is
1 38 insufficient to pay principal and interest on the
1 39 indebtedness or bonds, the school district may certify
1 40 such fact to the department of education and the
1 41 department shall provide the amount needed to pay
1 42 principal and interest but not to exceed the amount
1 43 collected from the school district's regular physical
1 44 plant and equipment levy. The amounts paid under this
1 45 subject to all school districts shall be paid from the
1 46 state fund prior to determining the actual per pupil
1 47 amount to be distributed to each district.
1 48 c. Distributions to school districts shall be made
1 49 approximately one-half by September 15 and the
1 50 remainder by March 15 of the budget year.
2 1 d. This section does not apply to the collection
2 2 and distribution of any voter-approved physical plant
2 3 and equipment levy."
2 4 #2. Title page, line 4, by inserting after the
2 5 word "purposes" the following: "and the regular
2 6 physical plant and equipment levies".
2 7
2 8
2 9
2 10 WENDT of Woodbury
2 11 HF 663.301 80
2 12 mg/cf
Text: H01226 Text: H01228 Text: H01200 - H01299 Text: H Index Bills and Amendments: General Index Bill History: General Index
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