Text: SF00285 Text: SF00287 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) For fiscal years beginning on or after July 1, 1 15 2003, through the fiscal year beginning July 1, 2006, by 1 16 February 14 of each year, a community college board of 1 17 directors shall deliver notification to the director of the 1 18 department of management regarding both of the following: 1 19 (a) The sum of moneys which the community college is 1 20 eligible to collect during the subsequent fiscal year from the 1 21 community college's workforce training and economic 1 22 development fund calculated pursuant to the procedure provided 1 23 in subsection 3. 1 24 (b) The amount of money the community college is 1 25 requesting to receive from the community college's workforce 1 26 training and economic development fund during the subsequent 1 27 fiscal year. 1 28 (2) In providing the notification, a community college 1 29 board shall provide any supporting information required by the 1 30 department of management. 1 31 (3) The department of management shall not approve or deny 1 32 any individual projects, programs, or courses for which moneys 1 33 from a workforce training and economic development fund are 1 34 expended. 1 35 (4) The director of the department of management shall use 2 1 information submitted pursuant to this paragraph for purposes 2 2 of making allocation determinations under subsection 4. 2 3 (5) The director of the department of management shall 2 4 notify each community college by March 1 of each year of the 2 5 allocation each community college will receive from the 2 6 workforce training and economic development fund for that 2 7 community college in the subsequent fiscal year. A copy of 2 8 this notification shall be submitted to the treasurer of 2 9 state. 2 10 2. On July 1 of each year for the fiscal year beginning 2 11 July 1, 2003, through the fiscal year beginning July 1, 2006, 2 12 moneys from a fund created for biotechnology-related purposes 2 13 enacted by the general assembly during the 2003 legislative 2 14 session are appropriated to the department of management for 2 15 deposit in the workforce training and economic development 2 16 funds in amounts determined pursuant to subsection 4. For 2 17 fiscal years beginning on or after July 1, 2007, moneys for 2 18 the workforce training and economic development funds shall be 2 19 collected through the workforce training and economic 2 20 development levy provided in subsection 5. 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. For fiscal years beginning on or after July 1, 4 4 2003, through the fiscal year beginning July 1, 2006, the 4 5 maximum cumulative total amount of moneys that may be 4 6 deposited in all the workforce training and economic 4 7 development funds for distribution to community colleges in a 4 8 fiscal year shall be determined as follows: 4 9 (1) Ten million dollars for the fiscal year beginning July 4 10 1, 2003. 4 11 (2) Twenty million dollars for the fiscal year beginning 4 12 July 1, 2004. 4 13 (3) Thirty million dollars for the fiscal year beginning 4 14 July 1, 2005. 4 15 (4) Forty million dollars for the fiscal year beginning 4 16 July 1, 2006. 4 17 (5) For the fiscal year beginning July 1, 2007, and each 4 18 succeeding fiscal year, the maximum cumulative total amount 4 19 shall be calculated by multiplying the maximum cumulative 4 20 total amount of the previous fiscal year by the amount of the 4 21 sum of one plus the state growth percentage established 4 22 pursuant to section 257.8 for the budget year beginning that 4 23 July 1 of the fiscal year calculated. 4 24 b. If the total amount of the requested amounts of moneys 4 25 for all of the workforce training and economic development 4 26 funds in a fiscal year exceeds the maximum cumulative total 4 27 amount determined in paragraph "a", the director of the 4 28 department of management shall prorate the allowable 4 29 allocation for each community college by the ratio of a 4 30 community college's requested amount for its workforce 4 31 training and economic development fund to the total amount 4 32 requested by all the community colleges. 4 33 5. For the fiscal year beginning July 1, 2007, and each 4 34 succeeding fiscal year thereafter, the board of directors of a 4 35 community college may certify by March 15 for collection in 5 1 the subsequent fiscal year, a workforce training and economic 5 2 development levy on all taxable property in the community 5 3 college's merged area for use for the same purposes as moneys 5 4 from a workforce training and economic development fund of the 5 5 community college. The maximum amount a community college may 5 6 levy is determined pursuant to subsection 3; however, a 5 7 community college may certify a lesser amount. The 5 8 certification shall be made to the respective county auditors 5 9 and the taxes collected pursuant to a workforce training and 5 10 economic development levy shall be paid by the respective 5 11 county treasurers to the treasurer of the community college as 5 12 provided in section 331.552, subsection 29. 5 13 Sec. 2. NOTICES. For purposes of the fiscal year 5 14 beginning July 1, 2003, a community college shall, within 5 15 thirty days of the effective date of this Act, deliver notice 5 16 to the director of the department of management which includes 5 17 the information required in section 260C.18A, subsection 1, 5 18 paragraph "c", subparagraph (1). Upon determination by the 5 19 director regarding the amount each community college is 5 20 eligible to receive from workforce training and economic 5 21 development funds, the director shall notify each community 5 22 college and the state treasurer of the moneys to be received. 5 23 Sec. 3. EFFECTIVE DATE. This Act, being deemed of 5 24 immediate importance, takes effect upon enactment. 5 25 EXPLANATION 5 26 This bill relates to workforce training and economic 5 27 development funds for community colleges, creates a workforce 5 28 training and economic development levy, and makes related 5 29 appropriations. 5 30 The bill creates in the state treasury one workforce 5 31 training and economic development fund, for each community 5 32 college, under the control of the department of management. 5 33 The bill provides that moneys in the funds shall consist of 5 34 any moneys appropriated by the general assembly and any other 5 35 moneys available to and obtained or accepted by the department 6 1 of management from federal sources or private sources for 6 2 placement in the funds. 6 3 The bill provides that for fiscal years beginning on or 6 4 after July 1, 2003, through the fiscal year beginning July 1, 6 5 2006, by February 14 of each year, a community college board 6 6 shall deliver notification to the director of the department 6 7 of management regarding the sum of moneys for which the 6 8 community college is eligible to collect during the subsequent 6 9 fiscal year from the community college's workforce training 6 10 and economic development fund and the sum of moneys the 6 11 community college is requesting to receive from the community 6 12 college's workforce training and economic development fund 6 13 during the subsequent fiscal year. The bill provides that the 6 14 department of management shall not approve or deny any 6 15 individual projects, programs, or courses for which moneys 6 16 from a workforce training and economic development fund are 6 17 expended. The bill provides that the director shall notify 6 18 each community college by March 1 of each year of the 6 19 allocation each community college will receive from the 6 20 workforce training and economic development fund. 6 21 The bill provides that, on July 1 of each year for the 6 22 fiscal year beginning July 1, 2003, through the fiscal year 6 23 beginning July 1, 2006, moneys from a fund created for 6 24 biotechnology-related purposes enacted by the general assembly 6 25 during the 2003 legislative session are appropriated to the 6 26 department of management for deposit in the separate workforce 6 27 training and economic development funds in amounts determined 6 28 by the director. The bill provides that, for fiscal years 6 29 beginning on or after July 1, 2007, moneys for the workforce 6 30 training and economic development funds shall be collected 6 31 through the workforce training and economic development levy. 6 32 The bill provides that moneys deposited in the funds and 6 33 disbursed to community colleges for a fiscal year shall be 6 34 expended for the following purposes, provided 70 percent of 6 35 the moneys shall be used on projects which are included in the 7 1 areas of advanced manufacturing, information technology and 7 2 insurance, and life sciences which include the areas of 7 3 biotechnology, health care technology, and nursing care 7 4 technology: 7 5 1. Projects in which an agreement between a community 7 6 college and an employer located within the community college's 7 7 merged area meet all of the requirements of the accelerated 7 8 career education program under Code chapter 260G. 7 9 2. Projects in which an agreement between a community 7 10 college and a business meet all the requirements of the Iowa 7 11 jobs training Act under Code chapter 260F. 7 12 3. Career technical academies. 7 13 4. Courses and programs for entrepreneurial development. 7 14 5. Programs and courses that provide vocational and 7 15 technical training, and programs for in-service training and 7 16 retraining. 7 17 The bill provides a formula for determining the amount of 7 18 moneys that a community college is eligible to receive from 7 19 the workforce training and economic development fund for a 7 20 fiscal year. The formula relates to the community college's 7 21 budgeted employer contributions under the Federal Insurance 7 22 Contributions Act, the community college's budgeted employer 7 23 contributions to the community college's employees retirement 7 24 systems, and a property tax calculation. 7 25 The bill provides, for fiscal years beginning on or after 7 26 July 1, 2003, through the fiscal year beginning July 1, 2006, 7 27 a method for calculating the maximum cumulative total amount 7 28 of moneys that may be deposited in all the workforce training 7 29 and economic development funds for distribution to community 7 30 colleges in a fiscal year. The bill provides that, if the sum 7 31 of the requested amounts for all of the workforce training and 7 32 economic development funds in a fiscal year exceeds the 7 33 maximum cumulative total amount allowed, the director of the 7 34 department of management shall prorate the allowable 7 35 allocation for each community college by the ratio of a 8 1 community college's requested amount for its workforce 8 2 training and economic development fund to the total amount 8 3 requested by all the community colleges. 8 4 For the fiscal year beginning July 1, 2007, and each 8 5 succeeding fiscal year thereafter, the bill provides for a 8 6 workforce training and economic development levy. The bill 8 7 provides that a board of directors of a community college may 8 8 certify for levy by March 15 for collection in the subsequent 8 9 fiscal year, a tax on all taxable property in the community 8 10 college's merged area for use for the same purposes as moneys 8 11 from a workforce training and economic development fund of the 8 12 community college. The bill provides that the maximum amount 8 13 a community college may levy is the same that a community 8 14 college is eligible to receive in a fiscal year from a 8 15 workforce training and economic development fund; however, a 8 16 community college may certify a lesser amount. The bill 8 17 provides for a method of collection and payment of the levy. 8 18 The bill provides that, for purposes of the fiscal year 8 19 beginning July 1, 2003, a community college shall, within 30 8 20 days of the effective date of this bill, deliver notice to the 8 21 director of the department of management which includes the 8 22 amount the community college is eligible to receive from a 8 23 workforce training and economic development fund and the 8 24 amount the community college is requesting to receive. 8 25 The bill takes effect upon enactment. 8 26 LSB 3014XS 80 8 27 tm/sh/8
Text: SF00285 Text: SF00287 Text: SF00200 - SF00299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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