Text: SSB01110                          Text: SSB01112
Text: SSB01100 - SSB01199               Text: SSB Index
Bills and Amendments: General Index     Bill History: General Index



Senate Study Bill 1111

Bill Text

PAG LIN
  1  1    Section 1.  Section 257.8, subsection 1, Code 2003, is
  1  2 amended to read as follows:
  1  3    1.  STATE PERCENT OF GROWTH.  The state percent of growth
  1  4 for the budget year beginning July 1, 2002, is one percent.
  1  5 The state percent of growth for the budget year beginning July
  1  6 1, 2003, is two percent.  The state percent of growth for the
  1  7 budget year beginning July 1, 2004, is two percent.  The state
  1  8 percent of growth for each subsequent budget year shall be
  1  9 established by statute which shall be enacted within thirty
  1 10 days of the submission in the year preceding the base year of
  1 11 the governor's budget under section 8.21.  The establishment
  1 12 of the state percent of growth for a budget year shall be the
  1 13 only subject matter of the bill which enacts the state percent
  1 14 of growth for a budget year.
  1 15    Sec. 2.  APPLICABILITY.  This Act is applicable for
  1 16 computing state aid under the state school foundation program
  1 17 for the school budget year beginning July 1, 2004.  
  1 18                           EXPLANATION
  1 19    This bill establishes a state percent of growth of 2
  1 20 percent for purposes of the state school foundation program
  1 21 for the school budget year beginning July 1, 2004.  The bill
  1 22 is applicable for state aid computation under the school
  1 23 foundation program for the school budget year beginning July
  1 24 1, 2004.  
  1 25 LSB 2510SC 80
  1 26 rn/sh/8 
     

Text: SSB01110                          Text: SSB01112
Text: SSB01100 - SSB01199               Text: SSB Index
Bills and Amendments: General Index     Bill History: General Index

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