Text: H01285 Text: H01287 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, line 34, by striking the word and 1 3 figures "December 31, 2022" and inserting the 1 4 following: "June 30, 2013". 1 5 #2. Page 5, line 21, by striking the word and 1 6 figures "December 31, 2022" and inserting the 1 7 following: "June 30, 2013". 1 8 #3. Page 13, line 7, by striking the figure "2023" 1 9 and inserting the following: "2013". 1 10 #4. Page 13, by inserting after line 8 the 1 11 following: 1 12 "Sec. . NEW SECTION. 422F.1 SCHOOL 1 13 MISCELLANEOUS INCOME FUND STATE SALES TAX REVENUES. 1 14 1. A school miscellaneous income fund is created 1 15 as a separate and distinct fund in the state treasury 1 16 under the control of the department of revenue and 1 17 finance. Moneys in the fund include revenues 1 18 appropriated to the fund as provided in subsection 2 1 19 and other moneys deposited into or appropriated to the 1 20 fund. 1 21 2. For the fiscal year beginning July 1, 2013, and 1 22 for each subsequent fiscal year, there is appropriated 1 23 from the general fund of the state to the school 1 24 miscellaneous income fund an amount equal to the 1 25 amount raised during the fiscal year by a one percent 1 26 sales tax pursuant to chapter 422, division IV. 1 27 3. The moneys in the school miscellaneous income 1 28 fund shall be distributed during the fiscal year to 1 29 each school district on a per pupil basis. The amount 1 30 per pupil shall be determined by dividing the total 1 31 amount in the fund by the combined actual enrollment 1 32 for all school districts in the state. The actual 1 33 enrollment for each school district is the actual 1 34 enrollment figures reported by October 1 to the 1 35 department of management by the department of 1 36 education pursuant to section 257.6, subsection 1. 1 37 The combined actual enrollment count shall be 1 38 forwarded to the department of revenue and finance by 1 39 March 1, annually, for purposes of supplying estimated 1 40 tax payment figures and making estimated tax payments 1 41 pursuant to section 422F.2 for the following fiscal 1 42 year. 1 43 Sec. . NEW SECTION. 422F.2 DISTRIBUTION OF 1 44 FUND MONEYS. 1 45 1. The director of revenue and finance by August 1 46 15 of each fiscal year shall send to each school 1 47 district an estimate of the amount of moneys from the 1 48 school miscellaneous income fund each school district 1 49 will receive for the year and for each month of the 1 50 year. At the end of each month, the director may 2 1 revise the estimates for the year and remaining 2 2 months. 2 3 2. The director shall remit ninety-five percent of 2 4 the estimated distributions for the school district to 2 5 the school district on or before August 31 of the 2 6 fiscal year and on or before the last day of each 2 7 following month. 2 8 3. The director shall remit a final payment of the 2 9 remainder of distributions due for the fiscal year 2 10 before November 10 of the next fiscal year. If an 2 11 overpayment has resulted during the previous fiscal 2 12 year, the November payment shall be adjusted to 2 13 reflect any overpayment. 2 14 4. Moneys received by a school district pursuant 2 15 to this chapter may be used for any educational 2 16 purposes for which the school district may spend 2 17 moneys. 2 18 Sec. . NEW SECTION. 422F.3 EFFECTIVE DATE. 2 19 This chapter takes effect January 1, 2013." 2 20 #5. Title page, line 6, by inserting after the 2 21 word "purposes" the following: ", and providing for 2 22 state sales tax revenues to be used for school 2 23 educational purposes,". 2 24 2 25 2 26 2 27 HOGG of Linn 2 28 HF 663.202 80 2 29 mg/sh
Text: H01285 Text: H01287 Text: H01200 - H01299 Text: H Index Bills and Amendments: General Index Bill History: General Index
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