Senate File 2126

                                       SENATE FILE       
                                       BY  LUNDBY


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

                                      A BILL FOR

  1 An Act providing for an increase in the community college
  2    operations levy, and providing an effective date.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 5494XS 80
  5 rn/sh/8

PAG LIN

  1  1    Section 1.  Section 260C.17, Code 2003, is amended to read
  1  2 as follows:
  1  3    260C.17  PREPARATION AND APPROVAL OF BUDGET == TAX.
  1  4    The board of directors of each merged area shall prepare an
  1  5 annual budget designating the proposed expenditures for
  1  6 operation of the community college.  The board shall further
  1  7 designate the amounts which are to be raised by local taxation
  1  8 and the amounts which are to be raised by other sources of
  1  9 revenue for the operation.  The budget of each merged area
  1 10 shall be submitted to the state board no later than May 1
  1 11 preceding the next fiscal year for approval.  The state board
  1 12 shall review the proposed budget and shall, prior to June 1,
  1 13 either grant its approval or return the budget without
  1 14 approval with the comments of the state board attached to it.
  1 15 Any unapproved budget shall be resubmitted to the state board
  1 16 for final approval.  Upon approval of the budget by the state
  1 17 board, the board of directors shall certify the amount to the
  1 18 respective county auditors and the boards of supervisors
  1 19 annually shall levy a tax of twenty and one=fourth forty cents
  1 20 per thousand dollars of assessed value on taxable property in
  1 21 a merged area for the operation of a community college.  Taxes
  1 22 collected pursuant to the levy shall be paid by the respective
  1 23 county treasurers to the treasurer of the merged area as
  1 24 provided in section 331.552, subsection 29.
  1 25    It is the policy of this state that the property tax for
  1 26 the operation of community colleges shall not in any event
  1 27 exceed twenty and one=fourth cents per thousand dollars of
  1 28 assessed value the amount of the levy provided for in this
  1 29 section, and that the present and future costs of such
  1 30 operation in excess of the funds raised by such levy shall be
  1 31 the responsibility of the state and shall not be paid from
  1 32 property tax.
  1 33    Sec. 2.  EFFECTIVE DATE.  This Act, being deemed of
  1 34 immediate importance, takes effect upon enactment.
  1 35                           EXPLANATION
  2  1    This bill provides for an increase in the operations levy
  2  2 certified annually by the board of directors of a community
  2  3 college pursuant to Code section 260C.17 from the current
  2  4 level of 20 and one=fourth cents per $1,000 of assessed value
  2  5 to 40 cents per $1,000 of assessed value in a merged area.
  2  6    The bill takes effect upon enactment.
  2  7 LSB 5494XS 80
  2  8 rn/sh/8