House Amendment 8458 PAG LIN 1 1 Amend House File 2663 as follows: 1 2 #1. Page 10, lines 3 and 4, by striking the words 1 3 and figure <, as computed in subsection 8,>. 1 4 #2. Page 10, by inserting after line 7 the 1 5 following: 1 6 <Sec. . Section 423E.4, subsection 3, paragraph 1 7 b, subparagraph (3), Code 2007, as amended by this 1 8 Act, is amended to read as follows: 1 9 (3) "Statewide tax revenues per student" means the 1 10 amount determined by estimating the total revenues 1 11 that would be generated by a one percent local option 1 12 sales and services tax for school infrastructure 1 13 purposes if imposed by all the counties during the 1 14 entire fiscal year, as computed in subsection 8, and 1 15 dividing this estimated revenue amount by the sum of 1 16 the combined actual enrollment for all counties as 1 17 determined in section 423E.3, subsection 5, paragraph 1 18 "d", subparagraph (2).> 1 19 #3. Page 38, by inserting after line 23 the 1 20 following: 1 21 <Sec. . EFFECTIVE, CONTINGENT EFFECTIVE, AND 1 22 APPLICABILITY DATE PROVISIONS. 1 23 1. Except as provided in subsection 3, this Act 1 24 takes effect July 1 following ratification of an 1 25 amendment to the Constitution of the State of Iowa 1 26 that provides the following: 1 27 All revenue derived from the increase in the state 1 28 sales and use tax rates from five percent to six 1 29 percent shall be distributed to the school districts 1 30 of the state to be used exclusively for school 1 31 infrastructure purposes or school property tax relief, 1 32 including the payment of principal and interest on 1 33 bonds issued for school infrastructure purposes. 1 34 2. If sections of this Act take effect as provided 1 35 in subsection 1, those sections of this Act apply to 1 36 fiscal years beginning on or after the effective date 1 37 of those sections of this Act. 1 38 3. Sections 20 and 22 of this Act amending section 1 39 423E.4, subsection 3, paragraph "a", and section 1 40 423E.4, subsection 3, paragraph "b", subparagraph (3), 1 41 take effect July 1, 2008.> 1 42 #4. Title page, line 7, by striking the words <an 1 43 effective date provision> and inserting the following: 1 44 <effective, contingent effective, and applicability 1 45 date provisions.> 1 46 1 47 1 48 1 49 FORRISTALL of Pottawattamie 1 50 HF 2663.507 82 2 1 mg/mg/10619 -1-