House File 2121

                                       HOUSE FILE       
                                       BY  FALLON and RAECKER


    Passed House, Date                Passed Senate,  Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act making an appropriation from the grow Iowa values fund to
  2    the department of education for kindergarten through grade
  3    twelve education funding, and providing an effective date.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 5378YH 80
  6 rn/sh/8

PAG LIN

  1  1    Section 1.  2003 Iowa Acts, First Extraordinary Session,
  1  2 chapter 2, section 66, subsection 1, unnumbered paragraph 2,
  1  3 is amended to read as follows:
  1  4    For programs administered by the department of economic
  1  5 development:
  1  6 FY 2003=2004...................................... $ 45,000,000
  1  7 FY 2004=2005...................................... $ 41,000,000
  1  8                                                               0
  1  9 FY 2005=2006...................................... $ 44,000,000
  1 10 FY 2006=2007...................................... $ 48,000,000
  1 11    Sec. 2.  EDUCATION FUNDING == APPROPRIATION.  There is
  1 12 appropriated from the grow Iowa values fund created in section
  1 13 15G.108 to the department of education for the fiscal year
  1 14 beginning July 1, 2004, and ending June 30, 2005, the
  1 15 following amount, or so much thereof as is necessary, to be
  1 16 used for the purpose designated:
  1 17    To supplement amounts appropriated pursuant to section
  1 18 257.16 from the general fund of the state to pay the
  1 19 foundation aid and supplementary aid under section 257.4,
  1 20 subsection 2:
  1 21 .................................................. $ 41,000,000
  1 22    Amounts appropriated pursuant to this section shall be in
  1 23 addition to, and shall not replace, funds otherwise
  1 24 appropriated pursuant to section 257.16 for the fiscal year
  1 25 beginning July 1, 2004, and ending June 30, 2005.
  1 26    Notwithstanding section 8.33, moneys appropriated in this
  1 27 section that remain unencumbered or unobligated at the close
  1 28 of the fiscal year shall not revert but shall remain available
  1 29 for expenditure for the purposes designated.
  1 30    Sec. 3.  EFFECTIVE DATE.  This Act, being deemed of
  1 31 immediate importance, takes effect upon enactment.
  1 32                           EXPLANATION
  1 33    This bill eliminates a $41 million appropriation to the
  1 34 department of economic development for its programs for FY
  1 35 2004=2005 from the grow Iowa values fund and appropriates $41
  2  1 million from the grow Iowa values fund to the department of
  2  2 education for FY 2004=2005, to supplement the general fund
  2  3 appropriation made pursuant to Code section 257.16 for
  2  4 kindergarten through grade 12 education funding.  The bill
  2  5 provides that the appropriation shall be in addition to, and
  2  6 not replace, funds otherwise appropriated for that fiscal year
  2  7 pursuant to Code section 257.16.  The bill provides that
  2  8 notwithstanding Code section 8.33, moneys appropriated that
  2  9 remain unencumbered or unobligated at the close of the fiscal
  2 10 year shall not revert but shall remain available for
  2 11 expenditure for the purposes designated.
  2 12    The bill takes effect upon enactment.
  2 13 LSB 5378YH 80
  2 14 rn/sh/8