Senate File 269 H-1043 Amend Senate File 269, as passed by the Senate, as follows: 1 1. By striking everything after the enacting clause and 2 inserting: 3 < Section 1. Section 257.8, subsections 1 and 2, Code 2021, 4 are amended to read as follows: 5 1. State percent of growth. The state percent of growth 6 for the budget year beginning July 1, 2018, is one percent. 7 The state percent of growth for the budget year beginning 8 July 1, 2019, is two and six hundredths percent. The state 9 percent of growth for the budget year beginning July 1, 10 2020, is two and three-tenths percent. The state percent of 11 growth for the budget year beginning July 1, 2021, is two 12 and one-half percent. The state percent of growth for each 13 subsequent budget year shall be established by statute which 14 shall be enacted within thirty days of the transmission of the 15 governor’s budget required by February 1 under section 8.21 16 during the regular legislative session beginning in the base 17 year. 18 2. Categorical state percent of growth. The categorical 19 state percent of growth for the budget year beginning July 20 1, 2018, is one percent. The categorical state percent of 21 growth for the budget year beginning July 1, 2019, is two 22 and six hundredths percent. The categorical state percent 23 of growth for the budget year beginning July 1, 2020, is two 24 and three-tenths percent. The categorical state percent of 25 growth for the budget year beginning July 1, 2021, is two and 26 one-half percent. The categorical state percent of growth 27 for each budget year shall be established by statute which 28 shall be enacted within thirty days of the transmission of the 29 governor’s budget required by February 1 under section 8.21 30 during the regular legislative session beginning in the base 31 year. The categorical state percent of growth may include 32 state percents of growth for the teacher salary supplement, the 33 professional development supplement, the early intervention 34 supplement, the teacher leadership supplement, and for budget 35 -1- SF269.425 (2) 89 md/jh 1/ 5 #1.

years beginning on or after July 1, 2020, transportation equity 1 aid payments under section 257.16C . 2 Sec. 2. Section 257.9, subsection 2, Code 2021, is amended 3 to read as follows: 4 2. Regular program state cost per pupil for 1992-1993 and 5 succeeding years. 6 a. For the budget year beginning July 1, 1992, and 7 succeeding budget years beginning before July 1, 2018, the 8 regular program state cost per pupil for a budget year is the 9 regular program state cost per pupil for the base year plus the 10 regular program supplemental state aid for the budget year. 11 b. For the budget year beginning July 1, 2018, the regular 12 program state cost per pupil is the regular program state 13 cost per pupil for the base year plus the regular program 14 supplemental state aid for the budget year, plus five dollars. 15 c. For the budget year beginning July 1, 2019, the regular 16 program state cost per pupil is the regular program state 17 cost per pupil for the base year plus the regular program 18 supplemental state aid for the budget year, plus five dollars. 19 d. For the budget year beginning July 1, 2020, the regular 20 program state cost per pupil is the regular program state 21 cost per pupil for the base year plus the regular program 22 supplemental state aid for the budget year, plus ten dollars. 23 e. For the budget year beginning July 1, 2021, the regular 24 program state cost per pupil is the regular program state 25 cost per pupil for the base year plus the regular program 26 supplemental state aid for the budget year, plus ten dollars. 27 e. f. For the budget year beginning July 1, 2021 2022 , and 28 succeeding budget years, the regular program state cost per 29 pupil for a budget year is the regular program state cost per 30 pupil for the base year plus the regular program supplemental 31 state aid for the budget year. 32 Sec. 3. Section 257.16B, subsections 1 and 2, Code 2021, are 33 amended to read as follows: 34 1. For each fiscal year beginning on or after July 1, 2018 35 -2- SF269.425 (2) 89 md/jh 2/ 5

2019 , there is appropriated from the general fund of the state 1 to the department of education an amount necessary to make all 2 school district property tax replacement payments under this 3 section , as calculated in subsection 2 . 4 2. a. For the budget year beginning July 1, 2018, the 5 department of management shall calculate for each school 6 district all of the following: 7 (1) The regular program state cost per pupil for the budget 8 year beginning July 1, 2012, multiplied by one hundred percent 9 less the regular program foundation base per pupil percentage 10 pursuant to section 257.1 . 11 (2) The regular program state cost per pupil for the budget 12 year beginning July 1, 2018, multiplied by one hundred percent 13 less the regular program foundation base per pupil percentage 14 pursuant to section 257.1 . 15 (3) The amount of each school district’s property tax 16 replacement payment. Each school district’s property tax 17 replacement payment equals the school district’s weighted 18 enrollment for the budget year beginning July 1, 2018, 19 multiplied by the remainder of the amount calculated for 20 the school district under subparagraph (2) minus the amount 21 calculated for the school district under subparagraph (1). 22 b. a. For the budget year beginning July 1, 2019, the 23 department of management shall calculate for each school 24 district all of the following: 25 (1) The regular program state cost per pupil for the budget 26 year beginning July 1, 2012, multiplied by one hundred percent 27 less the regular program foundation base per pupil percentage 28 pursuant to section 257.1 . 29 (2) The regular program state cost per pupil for the budget 30 year beginning July 1, 2019, multiplied by one hundred percent 31 less the regular program foundation base per pupil percentage 32 pursuant to section 257.1 . 33 (3) The amount of each school district’s property tax 34 replacement payment. Each school district’s property tax 35 -3- SF269.425 (2) 89 md/jh 3/ 5

replacement payment equals the school district’s weighted 1 enrollment for the budget year beginning July 1, 2019, 2 multiplied by the remainder of the amount calculated for 3 the school district under subparagraph (2) minus the amount 4 calculated for the school district under subparagraph (1). 5 c. b. For each the budget year beginning on or after July 6 1, 2020, the department of management shall calculate for each 7 school district all of the following: 8 (1) The regular program state cost per pupil for the budget 9 year beginning July 1, 2012, multiplied by one hundred percent 10 less the regular program foundation base per pupil percentage 11 pursuant to section 257.1 . 12 (2) The regular program state cost per pupil for the budget 13 year beginning July 1, 2020, multiplied by one hundred percent 14 less the regular program foundation base per pupil percentage 15 pursuant to section 257.1 . 16 (3) The amount of each school district’s property tax 17 replacement payment. Each school district’s property tax 18 replacement payment equals the school district’s weighted 19 enrollment for the budget year beginning July 1, 2020, 20 multiplied by the remainder of the amount calculated for 21 the school district under subparagraph (2) minus the amount 22 calculated for the school district under subparagraph (1). 23 c. For each budget year beginning on or after July 1, 2021, 24 the department of management shall calculate for each school 25 district all of the following: 26 (1) The regular program state cost per pupil for the budget 27 year beginning July 1, 2012, multiplied by one hundred percent 28 less the regular program foundation base per pupil percentage 29 pursuant to section 257.1. 30 (2) The regular program state cost per pupil for the budget 31 year beginning July 1, 2021, multiplied by one hundred percent 32 less the regular program foundation base per pupil percentage 33 pursuant to section 257.1. 34 (3) The amount of each school district’s property tax 35 -4- SF269.425 (2) 89 md/jh 4/ 5

replacement payment. Each school district’s property tax 1 replacement payment equals the school district’s weighted 2 enrollment for the budget year multiplied by the remainder 3 of the amount calculated for the school district under 4 subparagraph (2) minus the amount calculated for the school 5 district under subparagraph (1). 6 Sec. 4. EFFECTIVE DATE. This Act, being deemed of immediate 7 importance, takes effect upon enactment. > 8 2. Title page, by striking lines 1 through 9 and inserting 9 < An Act relating to public school funding by establishing the 10 state percent of growth and the categorical state percent of 11 growth for the budget year beginning July 1, 2021, modifying 12 provisions relating to the regular program state cost per 13 pupil, and modifying provisions relating to the property tax 14 replacement payment, and including effective date provisions. > 15 ______________________________ DOLECHECK of Ringgold -5- SF269.425 (2) 89 md/jh 5/ 5 #2.