Senate File 2415 S-5294 Amend Senate File 2415 as follows: 1 1. Page 3, line 29, by striking < $47,007,171 > and inserting 2 < $46,630,951 > 3 2. Page 4, by striking lines 3 through 22. 4 3. Page 6, line 19, by striking < 29.00 > and inserting 5 < 29.00 > 6 4. Page 6, by striking line 20. 7 5. Page 10, line 13, after < distribution to > by inserting 8 < the Iowa testing program by the department of education on 9 behalf of > 10 6. By striking page 13, line 22, through page 14, line 15, 11 and inserting: 12 < . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 10,000,076 13 b. Merged Area II 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 10,146,364 15 c. Merged Area III 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9,391,092 17 d. Merged Area IV 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 4,619,543 19 e. Merged Area V 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 11,469,504 21 f. Merged Area VI 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9,000,646 23 g. Merged Area VII 24 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 13,668,239 25 h. Merged Area IX 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 17,312,504 27 i. Merged Area X 28 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 31,691,864 29 j. Merged Area XI 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 33,916,985 31 k. Merged Area XII 32 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 11,242,657 33 l. Merged Area XIII 34 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 12,204,008 35 -1- SF2415.5631 (1) 87 kh/tm 1/ 5 #1. #2. #3. #4. #5. #6.

m. Merged Area XIV 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 4,708,909 2 n. Merged Area XV 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 14,776,328 4 o. Merged Area XVI 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 8,542,170 > 6 7. Page 20, line 15, by striking < 4.47 > and inserting < 5.50 > 7 8. Page 23, by striking lines 4 through 28 and inserting: 8 < Sec. ___. Section 256.11, subsection 5, paragraph k, as 9 enacted by 2018 Iowa Acts, Senate File 475, section 20, is 10 amended to read as follows: 11 k. One-half unit of personal finance literacy. All students 12 shall complete at least one-half unit of personal finance 13 literacy as a condition of graduation. 14 (1) The curriculum shall, at a minimum, address the 15 following: 16 (1) (a) Savings, including emergency fund, purchases, and 17 wealth building. 18 (2) (b) Understanding investments, including compound 19 and simple interest, liquidity, diversification, risk return 20 ratio, certificates of deposit, money market accounts, single 21 stocks, bonds, mutual funds, rental real estate, annuities, 22 commodities, and futures. 23 (3) (c) Wealth building and college planning, including 24 long-term and short-term investing using tax-favored plans, 25 individual retirement accounts and payments from such accounts, 26 employer-sponsored retirement plans and investments, public and 27 private educational savings accounts, and uniform gifts and 28 transfers to minors. 29 (4) (d) Credit and debt, including credit cards, payday 30 lending, rent-to-own transactions, debt consolidation, 31 automobile leasing, cosigning a loan, debt avoidance, and the 32 marketing of debt, especially to young people. 33 (5) (e) Consumer awareness of the power of marketing 34 on buying decisions including zero percent interest offers; 35 -2- SF2415.5631 (1) 87 kh/tm 2/ 5 #7. #8.

marketing methods, including product positioning, advertising, 1 brand recognition, and personal selling; how to read a 2 credit report and correct inaccuracies; how to build a credit 3 score; how to develop a plan to deal with creditors and avoid 4 bankruptcy; and the federal Fair Debt Collection Practices Act. 5 (6) (f) Financial responsibility and money management, 6 including creating and living on a written budget and balancing 7 a checkbook; basic rules of successful negotiating and 8 techniques; and personality or other traits regarding money. 9 (7) (g) Insurance, risk management, income, and career 10 decisions, including career choices that fit personality styles 11 and occupational goals, job search strategies, cover letters, 12 resumes, interview techniques, payroll taxes and other income 13 withholdings, and revenue sources for federal, state, and local 14 governments. 15 (8) (h) Different types of insurance coverage including 16 renters, homeowners, automobile, health, disability, long-term 17 care, identity theft, and life insurance; term life, cash 18 value and whole life insurance; and insurance terms such 19 as deductible, stop loss, elimination period, replacement 20 coverage, liability, and out-of-pocket. 21 (9) (i) Buying, selling, and renting advantages and 22 disadvantages relating to real estate, including adjustable 23 rate, balloon, conventional, government-backed, reverse, and 24 seller-financed mortgages. 25 (2) (a) One-half unit of personal finance literacy may 26 count as one-half unit of social studies in meeting the 27 requirements of paragraph “b” , though the teacher providing 28 personal finance literacy coursework that counts as one-half 29 unit of social studies need not hold a social studies 30 endorsement. 31 (b) Units of coursework that meet the requirements of 32 any combination of coursework required under paragraphs “b” , 33 “d” , “e” , or “h” and incorporate the curriculum required under 34 subparagraph (1) shall be deemed to satisfy the offer and 35 -3- SF2415.5631 (1) 87 kh/tm 3/ 5

teach requirements of this paragraph “k” and a student who 1 completes such units shall be deemed to have met the graduation 2 requirement of this paragraph “k” . > 3 9. Page 25, by striking lines 5 and 6 and inserting: 4 < Sec. ___. Section 261.25, subsection 2, Code 2018, is 5 amended to read as follows: 6 2. There is appropriated from the general fund of the state 7 to the commission for each fiscal year the sum of one million 8 five three hundred seventy-six thousand two hundred twenty 9 dollars for tuition grants for qualified students who are 10 enrolled in eligible institutions. Of the moneys appropriated 11 under this subsection, not more than eighty thousand dollars 12 annually shall be used for tuition grants to qualified students 13 who are attending an eligible institution under section 261.9, 14 subsection 3, paragraph “b” . > 15 10. Page 25, line 11, by striking < available > and inserting 16 < nonrepayable > 17 11. Page 25, line 12, after < aid > by inserting < for which 18 the member is eligible > 19 12. By striking page 25, line 13, through page 26, line 8. 20 13. Page 29, line 12, by striking < fifty miles > and 21 inserting < twenty miles > 22 14. Page 34, by striking line 2. 23 15. By striking page 35, line 34, through page 36, line 2, 24 and inserting: 25 < c. For accelerated career education program capital 26 projects at community colleges that are authorized under 27 chapter 260G and that meet the definition of the term “vertical 28 infrastructure” in section 8.57, subsection 5, paragraph “c”: > 29 16. Page 36, line 4, by striking < 5,000,000 > and inserting 30 < 6,000,000 > 31 17. Page 36, after line 4 by inserting: 32 < Moneys appropriated in this lettered paragraph shall be 33 disbursed pursuant to section 260G.6, subsection 3. Projects 34 that qualify for moneys appropriated in this lettered paragraph 35 -4- SF2415.5631 (1) 87 kh/tm 4/ 5 #9. #10. #11. #12. #13. #14. #15. #16. #17.

shall include at least one of the following: 1 (1) Accelerated career education program capital projects. 2 (2) Major renovations and major repair needs, including 3 health, life, and fire safety needs, including compliance with 4 the federal Americans With Disabilities Act. 5 (3) Projects that meet the requirements under chapter 260G 6 and related projects located at a community college whose 7 campus is located in a city with a population, according to 8 the 2010 federal decennial census, between 99,000 and 100,000. 9 The prohibition against lease payment under section 8.57, 10 subsection 5, paragraph “c”, shall not apply to projects 11 authorized under this subparagraph (3). The provisions of this 12 subparagraph (3) shall also apply to any moneys which remain 13 unobligated and unencumbered and were appropriated in prior 14 years for purposes of this lettered paragraph to such community 15 college. The provisions of this subparagraph (3) are not 16 applicable or effective after June 30, 2019. > 17 18. By renumbering as necessary. 18 ______________________________ TIM KRAAYENBRINK -5- SF2415.5631 (1) 87 kh/tm 5/ 5 #18.