Text: H01547 Text: H01549 Text: H01500 - H01599 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 440, as passed by the Senate, as 1 2 follows: 1 3 #1. Page 1, by inserting after line 20 the 1 4 following: 1 5 "Sec. . Section 285.3, Code 2003, is amended by 1 6 adding the following new subsection: 1 7 NEW SUBSECTION. 3. Notwithstanding any provision 1 8 to the contrary, for the school budget year beginning 1 9 July 1, 2003, and succeeding budget years, parental or 1 10 legal guardian reimbursement as calculated pursuant to 1 11 subsection 1 and section 285.1, subsection 3, shall be 1 12 subject to a percentage reduction if annual parental 1 13 or legal guardian taxable income exceeds the following 1 14 designated amounts: 1 15 a. For income levels at or less than fifty 1 16 thousand dollars of taxable income per year, 1 17 reimbursement at one hundred percent of the amount 1 18 calculated. 1 19 b. For income levels greater than fifty thousand 1 20 dollars of taxable income per year, but less than 1 21 seventy-five thousand dollars of taxable income per 1 22 year, reimbursement at fifty percent of the amount 1 23 calculated. 1 24 c. For income levels at or greater than seventy- 1 25 five thousand dollars of taxable income per year, but 1 26 less than one hundred thousand dollars of taxable 1 27 income per year, reimbursement at twenty-five percent 1 28 of the amount calculated. 1 29 d. For income levels at or greater than one 1 30 hundred thousand dollars of taxable income per year, 1 31 no reimbursement." 1 32 #2. Title page, line 2, by inserting after the 1 33 word "circumstances" the following: ", and a 1 34 percentage reduction in specified state aid for 1 35 nonpublic school parental reimbursement under 1 36 specified circumstances". 1 37 #3. By renumbering as necessary. 1 38 1 39 1 40 1 41 MASCHER of Johnson 1 42 SF 440.707 80 1 43 rn/cl
Text: H01547 Text: H01549 Text: H01500 - H01599 Text: H Index Bills and Amendments: General Index Bill History: General Index
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