Amend House File 2274 as follows:
   1.  By striking everything after the enacting clause and inserting: 
   Section 1.  Section 257.1, subsection 2, paragraph b, Code 2011, is amended by striking the paragraph and inserting in lieu thereof the following:
   b.
  (1)  The regular program foundation base per pupil is the following:
   (a)  For the budget year commencing July 1, 2012, and the budget year commencing July 1, 2013, the regular program foundation base per pupil is eighty-seven and five-tenths percent of the regular program state cost per pupil.
   (b)  For the budget year commencing July 1, 2014, the regular program foundation base per pupil is eighty-nine and six hundredths percent of the regular program state cost per pupil.
   (c)  For the budget year commencing July 1, 2015, the regular program foundation base per pupil is ninety and sixty-three hundredths percent of the regular program state cost per pupil.
   (d)  For the budget year commencing July 1, 2016, the regular program foundation base per pupil is ninety-two and nineteen hundredths percent of the regular program state cost per pupil.
   (e)  For the budget year commencing July 1, 2017, the regular program foundation base per pupil is ninety-three and seventy-five hundredths percent of the regular program state cost per pupil.
   (f)  For the budget year commencing July 1, 2018, the regular program foundation base per pupil is ninety-five and thirty-one hundredths percent of the regular program state cost per pupil.
   (g)  For the budget year commencing July 1, 2019, the regular program foundation base per pupil is ninety-six and eighty-eight hundredths percent of the regular program state cost per pupil.
   (h)  For the budget year commencing July 1, 2020, the regular program foundation base per pupil is ninety-eight and forty-four hundredths percent of the regular program state cost per pupil.
   (i)  For the budget year commencing July 1, 2021, and succeeding budget years, the regular program foundation base per pupil is one hundred percent of the regular program state cost per pupil.
   (2)  For each budget year, the special education support services foundation base is seventy-nine percent of the special education support services state cost per pupil. The combined foundation base is the sum of the regular program foundation base, the special education support services foundation base, the total teacher salary supplement district cost, the total professional development supplement district cost, the total early intervention supplement district cost, the total area education agency teacher salary supplement district cost, and the total area education agency professional development supplement district cost.
   Sec. 2.  Section 257.4, subsection 1, paragraph b, Code 2011, is amended to read as follows:
   b.  For the budget year beginning July 1, 2008, and succeeding budget years
 
beginning before July 1, 2021, the department of management shall annually determine an adjusted additional property tax levy and a statewide maximum adjusted additional property tax levy rate, not to exceed the statewide average additional property tax levy rate, calculated by dividing the total adjusted additional property tax levy dollars statewide by the statewide total net taxable valuation. For purposes of this paragraph, the adjusted additional property tax levy shall be that portion of the additional property tax levy corresponding to the state cost per pupil multiplied by a school district’s weighted enrollment, and then multiplied by one hundred percent less the regular program foundation base per pupil percentage pursuant to section 257.1. The
 
For budget years beginning before July 1, 2021, the district shall receive adjusted additional property tax levy aid in an amount equal to the difference between the adjusted additional property tax levy rate and the statewide maximum adjusted additional property tax levy rate, as applied per thousand dollars of assessed valuation on all taxable property in the district. The statewide maximum adjusted additional property tax levy rate shall be annually determined by the department taking into account amounts allocated pursuant to section 257.15, subsection 4. The
 
For budget years beginning before July 1, 2021, the statewide maximum adjusted additional property tax levy rate shall be annually determined by the department taking into account amounts allocated pursuant to section 257.15, subsection 4, and the balance of the property tax equity and relief fund created in section 257.16A at the end of the calendar year.
   Sec. 3.  Section 257.15, subsection 4, Code 2011, is amended to read as follows:
   4.
  a.  Allocations for maximum adjusted additional property tax levy rate calculation and adjusted additional property tax levy aid.  The
 
For fiscal years beginning before July 1, 2021, the department of management shall allocate from amounts appropriated pursuant to section 257.16, subsection 1, and from funds appropriated from the property tax equity and relief fund created in section 257.16A for the purpose of calculating the statewide maximum adjusted additional property tax levy rate and providing adjusted additional property tax levy aid as provided in section 257.4, subsection 1, paragraph “b”, an amount equal to the sum of subparagraphs (1) and (2) as follows:
   (1)  From the amount appropriated from the general fund of the state pursuant to section 257.16, subsection 1, equal to the following:
   (a)  For the budget year beginning July 1, 2006, six million dollars.
   (b)  For the budget year beginning July 1, 2007, twelve million dollars.
   (c)  For the budget year beginning July 1, 2008, eighteen million dollars.
   (d)  For the budget year beginning July 1, 2009, and succeeding budget years
 
beginning before July 1, 2021, twenty-four million dollars.
   (2)  From the amount appropriated from the property tax equity and relief fund created in section 257.16A.
   b.  After lowering all school district additional property tax levy rates to the statewide maximum adjusted additional property tax levy rate under paragraph “a”, the department of management shall use any remaining funds at the end of the calendar year to further lower additional property taxes by increasing for the budget year beginning the following July 1, the state foundation base percentage. 
 
If, however, the state foundation base percentage is one hundred percent, the department of management shall deposit those remaining funds in the taxpayers trust fund created in section 8.57E.Moneys used pursuant to this paragraph shall supplant an equal amount of the appropriation made from the general fund of the state pursuant to section 257.16 that represents the increase in state foundation aid.
   Sec. 4.  Section 257.16A, subsections 2 and 3, Code 2011, are amended to read as follows:
   2.  There
 
For fiscal years beginning before July 1, 2021, there is appropriated annually all moneys in the fund to the department of management for purposes of section 257.15, subsection 4.
   3.  Notwithstanding
 
Except as provided in subsection 4, and notwithstanding section 8.33, any moneys remaining in the property tax equity and relief fund at the end of a fiscal year shall not revert to any other fund but shall remain in the property tax equity and relief fund for use as provided in this section for the following fiscal year.
   Sec. 5.  Section 257.16A, Code 2011, is amended by adding the following new subsection:
   NEW SUBSECTION.  4.  Any moneys in the property tax equity and relief fund on June 30, 2021, shall be deposited by the department of management in the taxpayers trust fund created in section 8.57E.
   Sec. 6.  Section 423F.2, subsection 3, Code 2011, is amended to read as follows:
   3.  The moneys available in a fiscal year in the secure an advanced vision for education fund shall be distributed by the department of revenue to each school district in an amount equal to the amount the school district would have received pursuant to the formula in section 423E.4 as if the local sales and services tax for school infrastructure purposes was imposed. Moneys
 
collected in a fiscal year
 
beginning before July 1, 2019, that are in excess of that needed to provide each school district with its formula amount shall be distributed and credited to the property tax equity and relief fund created in section 257.16A. 
 
Moneys collected in a fiscal year beginning on or after July 1, 2019, that are in excess of that amount needed to provide each school district with its formula amount shall be deposited in the taxpayers trust fund created in section 8.57E.>
   2.  Title page, by striking lines 1 through 11 and inserting <An Act relating to school finance by increasing the regular program foundation base percentage.>
   3.  By renumbering as necessary.

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HALL of Woodbury