House Amendment 8630
PAG LIN
1 1 Amend House File 2792 as follows:
1 2 #1. Page 1, by inserting before line 1 the
1 3 following:
1 4 <Section 1. Section 257.4, subsection 1, Code
1 5 2005, is amended to read as follows:
1 6 1. COMPUTATION OF TAX.
1 7 a. A school district shall cause an additional
1 8 property tax to be levied each year. The rate of the
1 9 additional property tax levy in a school district
1 10 shall be determined by the department of management
1 11 and shall be calculated to raise the difference
1 12 between the combined district cost for the budget year
1 13 and the sum of the products of the regular program
1 14 foundation base per pupil times the weighted
1 15 enrollment in the district and the special education
1 16 support services foundation base per pupil times the
1 17 special education support services weighted enrollment
1 18 in the district.
1 19 b. For the budget year beginning July 1, 2006, and
1 20 succeeding budget years, the department of management
1 21 shall determine an adjusted additional property tax
1 22 levy and a statewide maximum adjusted additional
1 23 property tax levy rate. For purposes of this
1 24 paragraph, the adjusted additional property tax levy
1 25 shall be that portion of the additional property tax
1 26 levy corresponding to the state cost per pupil
1 27 multiplied by a school district's weighted enrollment,
1 28 and then multiplied by one hundred percent less the
1 29 regular program foundation base per pupil percentage
1 30 pursuant to section 257.1. The district shall receive
1 31 adjusted additional property tax levy aid in an amount
1 32 equal to the difference between the adjusted
1 33 additional property tax levy rate and the statewide
1 34 maximum adjusted additional property tax levy rate, as
1 35 applied per thousand dollars of assessed valuation on
1 36 all taxable property in the district. The statewide
1 37 maximum adjusted additional property tax levy rate
1 38 shall be annually determined by the department taking
1 39 into account amounts allocated pursuant to section
1 40 257.15, subsection 4.
1 41 Sec. 2. Section 257.15, Code 2005, is amended by
1 42 adding the following new subsection:
1 43 NEW SUBSECTION. 4. The department of management
1 44 shall allocate from amounts appropriated pursuant to
1 45 section 257.16, subsection 1, for the purpose of
1 46 calculating the statewide maximum adjusted additional
1 47 property tax levy rate and providing adjusted
1 48 additional property tax levy aid as provided in
1 49 section 257.4, subsection 1, paragraph "b", an amount
1 50 not to exceed the following:
2 1 a. For the budget year beginning July 1, 2006, six
2 2 million dollars.
2 3 b. For the budget year beginning July 1, 2007,
2 4 twelve million dollars.
2 5 c. For the budget year beginning July 1, 2008,
2 6 eighteen million dollars.
2 7 d. For the budget year beginning July 1, 2009, and
2 8 succeeding budget years, twenty=four million dollars.
2 9 Sec. 3. Section 257.16, subsection 1, Code 2005,
2 10 is amended to read as follows:
2 11 1. There is appropriated each year from the
2 12 general fund of the state an amount necessary to pay
2 13 the foundation aid, and supplementary aid under
2 14 section 257.4, subsection 2, and adjusted additional
2 15 property tax levy aid under section 257.15, subsection
2 16 4.
2 17 Sec. 4. Section 423B.7, subsection 6, Code 2005,
2 18 is amended to read as follows:
2 19 6. Local sales and services tax moneys received by
2 20 a city or county may be expended for any lawful
2 21 purpose of the city or county.
2 22 a. Notwithstanding the provisions of this
2 23 subsection, sales and services tax moneys received
2 24 from a tax imposed by a county pursuant to this
2 25 chapter shall not be expended by or for the benefit of
2 26 a school district located in whole or in part in the
2 27 county unless the county is imposing a local option
2 28 sales and services tax for school infrastructure
2 29 purposes pursuant to chapter 423E.
2 30 b. Paragraph "a" of this subsection is repealed
2 31 December 31, 2022.
2 32 Sec. 5. Section 423E.4, Code Supplement 2005, is
2 33 amended by adding the following new subsection:
2 34 NEW SUBSECTION. 7. Notwithstanding subsection 2
2 35 of this section or any other provision to the
2 36 contrary, a school district that is located in whole
2 37 or in part in a county that has not previously imposed
2 38 the local sales and services tax for school
2 39 infrastructure, and which votes on and approves the
2 40 tax at a rate of one percent on or before July 1,
2 41 2008, shall receive an amount equal to its pro rata
2 42 share of the local sales and services tax receipts as
2 43 provided in section 423E.3, subsection 5, paragraph
2 44 "d", for a period corresponding to one=half the
2 45 duration of the tax authorized by the voters. For the
2 46 second half of the duration of the tax authorized by
2 47 the voters, local sales and services tax receipts
2 48 shall be distributed as otherwise applicable pursuant
2 49 to subsection 2 of this section.
2 50 Sec. 6. EQUITY IN PROPERTY TAXATION INTERIM STUDY
3 1 COMMITTEE.
3 2 1. The legislative council is requested to
3 3 establish an equity in property taxation interim study
3 4 committee to review the provisions of chapter 257 and
3 5 develop one or more proposals that will equalize
3 6 property tax rates applicable pursuant to the basic
3 7 school foundation aid formula. The review shall
3 8 include but not be limited to finance formulas that
3 9 specifically address equalizing property tax rates,
3 10 and shall be authorized for and conducted over a two=
3 11 year period during the 2006 and 2007 legislative
3 12 interims.
3 13 2. The membership of the committee shall include
3 14 the following:
3 15 a. Two members of the senate standing committee on
3 16 education.
3 17 b. Two members of the house standing committee on
3 18 education.
3 19 c. Two members of the senate standing committee on
3 20 ways and means.
3 21 d. Two members of the house standing committee on
3 22 ways and means.
3 23 e. Persons representing education associations and
3 24 stakeholders, urban and rural property tax interests,
3 25 and other associations, groups, or interested parties
3 26 as may be identified by the council, or added by the
3 27 chairperson or co=chairpersons of the study committee
3 28 designated by the council.
3 29 3. Staffing assistance shall be provided by the
3 30 department of education, with the assistance of the
3 31 department of management and the department of
3 32 revenue. The committee shall report its findings and
3 33 recommendations, including proposed legislation, to
3 34 the general assembly no later than January 1, 2008.>
3 35 #2. Page 1, by inserting after line 24 the
3 36 following:
3 37 <Sec. 6. EFFECTIVE DATE. The sections of this Act
3 38 amending section 257.4, subsection 1, relating to the
3 39 calculation of an adjusted additional property tax
3 40 levy and a statewide maximum adjusted additional
3 41 property tax levy rate, enacting section 257.15,
3 42 subsection 4, relating to allocating funds for
3 43 calculation of the statewide maximum adjusted
3 44 additional property tax levy rate and providing
3 45 adjusted additional property tax levy aid, amending
3 46 section 257.16, subsection 1, relating to conforming
3 47 changes, amending section 423B.7, relating to
3 48 prohibiting expenditure of sales and services tax
3 49 moneys under specified circumstances, and enacting
3 50 section 423E.4, subsection 7, relating to the
4 1 distribution of local option sales and services tax
4 2 revenue under specified circumstances, take effect
4 3 upon enactment.>
4 4 #3. Title page, line 2, by inserting after the
4 5 word <study> the following: <, providing for adjusted
4 6 additional property tax levy aid for school districts,
4 7 allocating and restricting utilization of local option
4 8 sales and services tax moneys under specified
4 9 circumstances, providing for an equity in property
4 10 taxation interim study, making an appropriation, and
4 11 providing an effective date>.
4 12 #4. By renumbering as necessary.
4 13
4 14
4 15
4 16 RANTS of Woodbury
4 17
4 18
4 19
4 20 TYMESON of Madison
4 21
4 22
4 23 WENDT of Woodbury
4 24
4 25
4 26
4 27 WHITEAD of Woodbury
4 28 HF 2792.504 81
4 29 rn/je/6009
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