Senate File 166 S-3014 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 5 under section 257.16B , excluding the additional amount 6 added for budget years beginning on or after July 1, 7 2018, that is attributable to resident pupils who live 8 more than eight miles from the school designated for 9 attendance . 10 Sec. ___. Section 257.4, subsection 1, paragraph 11 a, subparagraph (8), Code 2017, is amended to read as 12 follows: 13 (8) The amount of the school district property 14 tax replacement payment to be received by the school 15 district under section 257.16B , excluding the 16 additional amount added for budget years beginning on 17 or after July 1, 2018, that is attributable to resident 18 pupils who live more than eight miles from the school 19 designated for attendance . 20 Sec. ___. Section 257.4, subsection 1, paragraph b, 21 Code 2017, is amended to read as follows: 22 b. For the budget year beginning July 1, 2008, and 23 succeeding budget years, the department of management 24 shall annually determine an adjusted additional 25 property tax levy and a statewide maximum adjusted 26 additional property tax levy rate, not to exceed the 27 statewide average additional property tax levy rate, 28 calculated by dividing the total adjusted additional 29 property tax levy dollars statewide by the statewide 30 total net taxable valuation. For purposes of this 31 paragraph, the adjusted additional property tax levy 32 shall be that portion of the additional property 33 tax levy corresponding to the state cost per pupil 34 multiplied by a school district’s weighted enrollment, 35 -1- SF166.137 (3) 87 md/jh 1/ 3 #1.

and then multiplied by one hundred percent less the 1 regular program foundation base per pupil percentage 2 pursuant to section 257.1 , and then reduced by the 3 amount of the property tax replacement payment to 4 be received under section 257.16B , excluding the 5 additional amount added for budget years beginning 6 on or after July 1, 2018, that is attributable to 7 resident pupils who live more than eight miles from the 8 school designated for attendance . The district shall 9 receive adjusted additional property tax levy aid in 10 an amount equal to the difference between the adjusted 11 additional property tax levy rate and the statewide 12 maximum adjusted additional property tax levy rate, as 13 applied per thousand dollars of assessed valuation on 14 all taxable property in the district. The statewide 15 maximum adjusted additional property tax levy rate 16 shall be annually determined by the department taking 17 into account amounts allocated pursuant to section 18 257.15, subsection 4 , and the balance of the property 19 tax equity and relief fund created in section 257.16A 20 at the end of the calendar year. > 21 2. Page 3, line 4, by striking < (1) > and inserting 22 < (1), then, for budget years beginning on or after 23 July 1, 2018, plus an amount equal to the school 24 district’s number of resident pupils who live more than 25 eight miles from the school designated for attendance 26 multiplied by the remainder, but not less than zero, 27 of the district’s average transportation costs per 28 pupil minus the state average transportation costs per 29 pupil, as those amounts are determined under section 30 257.31, subsection 17, for the year preceding the base 31 year. The additional amount of the replacement payment 32 added for budget years beginning on or after July 1, 33 2018, that is attributable to resident pupils who live 34 more than eight miles from the school designated for 35 -2- SF166.137 (3) 87 md/jh 2/ 3

attendance shall be considered miscellaneous income. > 1 3. By renumbering as necessary. 2 ______________________________ HERMAN C. QUIRMBACH -3- SF166.137 (3) 87 md/jh 3/ 3 #3.