Text: SF00284 Text: SF00286 Text: SF00200 - SF00299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. NEW SECTION. 260C.18A WORKFORCE TRAINING AND 1 2 ECONOMIC DEVELOPMENT FUNDS. 1 3 1. a. For each community college a separate workforce 1 4 training and economic development fund is created in the state 1 5 treasury under the control of the department of management. 1 6 b. Moneys in the funds shall consist of any moneys 1 7 appropriated by the general assembly and any other moneys 1 8 available to and obtained or accepted by the department of 1 9 management from federal sources or private sources for 1 10 placement in the funds. Notwithstanding section 8.33, moneys 1 11 in the funds at the end of each fiscal year shall not revert 1 12 to any other fund but shall remain in the funds for 1 13 expenditure in subsequent fiscal years. 1 14 c. (1) By February 14 of each year, a community college 1 15 board of directors shall deliver notification to the director 1 16 of the department of management regarding both of the 1 17 following: 1 18 (a) The sum of moneys which the community college is 1 19 eligible to collect during the subsequent fiscal year from the 1 20 community college's workforce training and economic 1 21 development fund calculated pursuant to the procedure provided 1 22 in subsection 3. 1 23 (b) The amount of money the community college is 1 24 requesting to receive from the community college's workforce 1 25 training and economic development fund during the subsequent 1 26 fiscal year. 1 27 (2) In providing the notification, a community college 1 28 board shall provide any supporting information required by the 1 29 department of management. 1 30 (3) The department of management shall not approve or deny 1 31 any individual projects, programs, or courses for which moneys 1 32 from a workforce training and economic development fund are 1 33 expended. 1 34 (4) The director of the department of management shall use 1 35 information submitted pursuant to this paragraph for purposes 2 1 of making allocation determinations under subsection 4. 2 2 (5) The director of the department of management shall 2 3 notify each community college by March 1 of each year of the 2 4 allocation each community college will receive from the 2 5 workforce training and economic development fund for that 2 6 community college in the subsequent fiscal year. A copy of 2 7 this notification shall be submitted to the treasurer of 2 8 state. 2 9 2. On July 1 of each year for the fiscal year beginning 2 10 July 1, 2003, through the fiscal year beginning July 1, 2006, 2 11 moneys from a fund created for biotechnology-related purposes 2 12 enacted by the general assembly during the 2003 legislative 2 13 session are appropriated to the department of management for 2 14 deposit in the workforce training and economic development 2 15 funds in amounts determined pursuant to subsection 4. On July 2 16 1 of each year for fiscal years beginning on or after July 1, 2 17 2007, moneys from the general fund of the state are 2 18 appropriated to the department of management for deposit in 2 19 the workforce training and economic development funds in 2 20 amounts determined pursuant to subsection 4. Moneys deposited 2 21 in the funds and disbursed to community colleges for a fiscal 2 22 year shall be expended for the following purposes, provided 2 23 seventy percent of the moneys shall be used on projects in the 2 24 areas of advanced manufacturing, information technology and 2 25 insurance, and life sciences which include the areas of 2 26 biotechnology, health care technology, and nursing care 2 27 technology: 2 28 a. Projects in which an agreement between a community 2 29 college and an employer located within the community college's 2 30 merged area meet all of the requirements of the accelerated 2 31 career education program under chapter 260G. However, when 2 32 moneys are provided through a workforce training and economic 2 33 development fund for such projects, sections 260G.4A through 2 34 260G.6 shall not apply and the agreement for providing program 2 35 costs may include moneys from the workforce training and 3 1 economic development fund in addition to the sources listed in 3 2 section 260G.3, subsection 2, paragraphs "b" through "d". 3 3 b. Projects in which an agreement between a community 3 4 college and a business meet all the requirements of the Iowa 3 5 jobs training Act under chapter 260F. However, when moneys 3 6 are provided through a workforce training and economic 3 7 development fund for such projects, sections 260F.6, 260F.7, 3 8 and 260F.8 shall not apply. 3 9 c. Career technical academies. 3 10 d. Courses and programs for entrepreneurial development. 3 11 e. Programs and courses that provide vocational and 3 12 technical training, and programs for in-service training and 3 13 retraining under section 260C.1, subsections 2 and 3. 3 14 3. For a fiscal year, a community college is eligible to 3 15 receive moneys from the workforce training and economic 3 16 development fund for the community college in an amount that 3 17 shall not exceed the sum of the following: 3 18 a. The community college's budgeted employer contributions 3 19 under the Federal Insurance Contributions Act for the fiscal 3 20 year. 3 21 b. The community college's budgeted employer contributions 3 22 to the community college's employees retirement systems for 3 23 the fiscal year. 3 24 c. For the fiscal year beginning July 1, 2003, the moneys 3 25 the community college would receive from the collection of 3 26 property tax of fifteen cents per thousand dollars on all 3 27 taxable property in the community college's merged area for 3 28 that fiscal year. For the fiscal year beginning July 1, 2004, 3 29 and each succeeding fiscal year, the moneys the community 3 30 college would receive from the collection of a property tax on 3 31 all taxable property in the community college's merged area 3 32 for the fiscal year using the tax rate used for purposes of 3 33 this calculation in the previous fiscal year multiplied by an 3 34 amount equal to the sum of one plus the state growth 3 35 percentage established pursuant to section 257.8 for the 4 1 budget year beginning that July 1 of the fiscal year 4 2 calculated. 4 3 4. a. The maximum cumulative total amount of moneys that 4 4 may be deposited in all the workforce training and economic 4 5 development funds for distribution to community colleges in a 4 6 fiscal year shall be determined as follows: 4 7 (1) Ten million dollars for the fiscal year beginning July 4 8 1, 2003. 4 9 (2) Twenty million dollars for the fiscal year beginning 4 10 July 1, 2004. 4 11 (3) Thirty million dollars for the fiscal year beginning 4 12 July 1, 2005. 4 13 (4) Forty million dollars for the fiscal year beginning 4 14 July 1, 2006. 4 15 (5) For the fiscal year beginning July 1, 2007, and each 4 16 succeeding fiscal year, the maximum cumulative total amount 4 17 shall be calculated by multiplying the maximum cumulative 4 18 total amount of the previous fiscal year by the amount of the 4 19 sum of one plus the state growth percentage established 4 20 pursuant to section 257.8 calculated for the budget year 4 21 beginning that July 1 of the fiscal year. 4 22 b. If the total amount of the requested amounts of moneys 4 23 for all of the workforce training and economic development 4 24 funds in a fiscal year exceeds the maximum cumulative total 4 25 amount determined in paragraph "a", the director of the 4 26 department of management shall prorate the allowable 4 27 allocation for each community college by the ratio of a 4 28 community college's requested amount for its workforce 4 29 training and economic development fund to the total amount 4 30 requested by all the community colleges. 4 31 Sec. 2. NOTICES. For purposes of the fiscal year 4 32 beginning July 1, 2003, a community college shall, within 4 33 thirty days of the effective date of this Act, deliver notice 4 34 to the director of the department of management which includes 4 35 the information required in section 260C.18A, subsection 1, 5 1 paragraph "c", subparagraph (1). Upon determination by the 5 2 director regarding the amount each community college is 5 3 eligible to receive from workforce training and economic 5 4 development funds, the director shall notify each community 5 5 college and the state treasurer of the moneys to be received. 5 6 Sec. 3. EFFECTIVE DATE. This Act, being deemed of 5 7 immediate importance, takes effect upon enactment. 5 8 EXPLANATION 5 9 This bill relates to workforce training and economic 5 10 development funds for community colleges and makes related 5 11 appropriations. 5 12 The bill creates in the state treasury one workforce 5 13 training and economic development fund, for each community 5 14 college, under the control of the department of management. 5 15 The bill provides that moneys in the funds shall consist of 5 16 any moneys appropriated by the general assembly and any other 5 17 moneys available to and obtained or accepted by the department 5 18 of management from federal sources or private sources for 5 19 placement in the funds. 5 20 The bill provides that, by February 14 of each year, a 5 21 community college board shall deliver notification to the 5 22 director of the department of management regarding the sum of 5 23 moneys for which the community college is eligible to collect 5 24 during the subsequent fiscal year from the community college's 5 25 workforce training and economic development fund and the sum 5 26 of moneys the community college is requesting to receive from 5 27 the community college's workforce training and economic 5 28 development fund during the subsequent fiscal year. The bill 5 29 provides that the department of management shall not approve 5 30 or deny any individual projects, programs, or courses for 5 31 which moneys from a workforce training and economic 5 32 development fund are expended. The bill provides that the 5 33 director shall notify each community college by March 1 of 5 34 each year of the allocation each community college will 5 35 receive from the workforce training and economic development 6 1 fund. 6 2 The bill provides that, on July 1 of each year for the 6 3 fiscal year beginning July 1, 2003, through the fiscal year 6 4 beginning July 1, 2006, moneys from a fund created for 6 5 biotechnology-related purposes enacted by the general assembly 6 6 during the 2003 legislative session are appropriated to the 6 7 department of management for deposit in the separate workforce 6 8 training and economic development funds in amounts determined 6 9 by the director. The bill provides that, on July 1 of each 6 10 year for fiscal years beginning on or after July 1, 2007, 6 11 moneys from the general fund of the state are appropriated to 6 12 the department of management for deposit in the workforce 6 13 training and economic development funds in amounts determined 6 14 by the director. 6 15 The bill provides that moneys deposited in the funds and 6 16 disbursed to community colleges for a fiscal year shall be 6 17 expended for the following purposes, provided 70 percent of 6 18 the moneys shall be used on projects in the areas of advanced 6 19 manufacturing, information technology and insurance, and life 6 20 sciences which include the areas of biotechnology, health care 6 21 technology, and nursing care technology: 6 22 1. Projects in which an agreement between a community 6 23 college and an employer located within the community college's 6 24 merged area meet all of the requirements of the accelerated 6 25 career education program under Code chapter 260G. 6 26 2. Projects in which an agreement between a community 6 27 college and a business meet all the requirements of the Iowa 6 28 jobs training Act under Code chapter 260F. 6 29 3. Career technical academies. 6 30 4. Courses and programs for entrepreneurial development. 6 31 5. Programs and courses that provide vocational and 6 32 technical training, and programs for in-service training and 6 33 retraining. 6 34 The bill provides a formula for determining the amount of 6 35 moneys that a community college is eligible to receive from 7 1 the workforce training and economic development fund for a 7 2 fiscal year. The formula relates to the community college's 7 3 budgeted employer contributions under the Federal Insurance 7 4 Contributions Act, the community college's budgeted employer 7 5 contributions to the community college's employees retirement 7 6 systems, and a property tax calculation. 7 7 The bill provides a method for calculating the maximum 7 8 cumulative total amount of moneys that may be deposited in all 7 9 the workforce training and economic development funds for 7 10 distribution to community colleges in a fiscal year. The bill 7 11 provides that, if the sum of the requested amounts for all of 7 12 the workforce training and economic development funds in a 7 13 fiscal year exceeds the maximum cumulative total amount 7 14 allowed, the director of the department of management shall 7 15 prorate the allowable allocation for each community college by 7 16 the ratio of a community college's requested amount for its 7 17 workforce training and economic development fund to the total 7 18 amount requested by all the community colleges. 7 19 The bill provides that, for purposes of the fiscal year 7 20 beginning July 1, 2003, a community college shall, within 30 7 21 days of the effective date of this bill, deliver notice to the 7 22 director of the department of management which includes the 7 23 amount the community college is eligible to receive from a 7 24 workforce training and economic development fund and the 7 25 amount the community college is requesting to receive. 7 26 The bill takes effect upon enactment. 7 27 LSB 2612XS 80 7 28 tm/sh/8
Text: SF00284 Text: SF00286 Text: SF00200 - SF00299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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