Senate File 166 S-3013 Amend Senate File 166 as follows: 1 1. Page 1, before line 1 by inserting: 2 < Section 1. Section 257.2, subsection 8, paragraph 3 d, Code 2017, is amended to read as follows: 4 d. Property tax replacement payments received under 5 section 257.16B , excluding the additional amount added 6 for budget years beginning on or after July 1, 2018, 7 that is attributable to pupils who are eligible for 8 free and reduced price meals . 9 Sec. ___. Section 257.4, subsection 1, paragraph 10 a, subparagraph (8), Code 2017, is amended to read as 11 follows: 12 (8) The amount of the school district property 13 tax replacement payment to be received by the school 14 district under section 257.16B , excluding the 15 additional amount added for budget years beginning on 16 or after July 1, 2018, that is attributable to pupils 17 who are eligible for free and reduced price meals . 18 Sec. ___. Section 257.4, subsection 1, paragraph b, 19 Code 2017, is amended to read as follows: 20 b. For the budget year beginning July 1, 2008, and 21 succeeding budget years, the department of management 22 shall annually determine an adjusted additional 23 property tax levy and a statewide maximum adjusted 24 additional property tax levy rate, not to exceed the 25 statewide average additional property tax levy rate, 26 calculated by dividing the total adjusted additional 27 property tax levy dollars statewide by the statewide 28 total net taxable valuation. For purposes of this 29 paragraph, the adjusted additional property tax levy 30 shall be that portion of the additional property 31 tax levy corresponding to the state cost per pupil 32 multiplied by a school district’s weighted enrollment, 33 and then multiplied by one hundred percent less the 34 regular program foundation base per pupil percentage 35 -1- SF166.136 (2) 87 md/jh 1/ 3 #1.

pursuant to section 257.1 , and then reduced by the 1 amount of the property tax replacement payment to 2 be received under section 257.16B , excluding the 3 additional amount added for budget years beginning on 4 or after July 1, 2018, that is attributable to pupils 5 who are eligible for free and reduced price meals . 6 The district shall receive adjusted additional property 7 tax levy aid in an amount equal to the difference 8 between the adjusted additional property tax levy 9 rate and the statewide maximum adjusted additional 10 property tax levy rate, as applied per thousand dollars 11 of assessed valuation on all taxable property in the 12 district. The statewide maximum adjusted additional 13 property tax levy rate shall be annually determined by 14 the department taking into account amounts allocated 15 pursuant to section 257.15, subsection 4 , and the 16 balance of the property tax equity and relief fund 17 created in section 257.16A at the end of the calendar 18 year. > 19 2. Page 3, line 4, by striking < (1). > and inserting 20 < (1), then, for budget years beginning on or after July 21 1, 2018, plus an amount equal to the school district’s 22 number of pupils who are eligible for free and reduced 23 price meals under the federal National School Lunch Act 24 and the federal Child Nutrition Act of 1966, 42 U.S.C. 25 §1751-1785, for the budget year multiplied by four 26 percent of the regular program state cost per pupil 27 for the budget year. The additional amount of the 28 replacement payment added for budget years beginning on 29 or after July 1, 2018, that is attributable to pupils 30 who are eligible for free and reduced price meals shall 31 be considered miscellaneous income. > 32 3. By renumbering as necessary. 33 -2- SF166.136 (2) 87 md/jh 2/ 3 #2.