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...................................... $41,000,0001 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