House File 194 - Introduced



                                       HOUSE FILE       
                                       BY  SWAIM, FREVERT, and KUHN


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

                                      A BILL FOR

  1 An Act providing for the modification of specified school
  2    district budget guarantee provisions, and providing an
  3    effective date.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 1622YH 81
  6 rn/pj/5

PAG LIN



  1  1    Section 1.  Section 257.14, subsection 2, Code 2005, is
  1  2 amended to read as follows:
  1  3    2.  For the budget years commencing July 1, 2002, and July
  1  4 1, 2003 year commencing July 1, 2005, and each budget year
  1  5 thereafter, if the department of management determines that
  1  6 the regular program district cost of a school district for a
  1  7 budget year is less than the total of the regular program
  1  8 district cost plus any adjustment added under this section for
  1  9 the base year for that school district, the school district
  1 10 shall be eligible to receive a budget adjustment for that
  1 11 district for that budget year up to an amount equal to the
  1 12 difference.  The board of directors of a school district that
  1 13 wishes to receive a budget adjustment pursuant to this
  1 14 subsection shall adopt a resolution to receive the budget
  1 15 adjustment by April 15, annually, and shall notify the
  1 16 department of management of the adoption of the resolution and
  1 17 the amount of the budget adjustment to be received.
  1 18    Sec. 2.  Section 257.14, subsection 3, Code 2005, is
  1 19 amended by striking the subsection.
  1 20    Sec. 3.  EFFECTIVE DATE.  This Act, being deemed of
  1 21 immediate importance, takes effect upon enactment.
  1 22                           EXPLANATION
  1 23    This bill provides for the application of the 100 percent
  1 24 budget guarantee, as applicable to school districts for the
  1 25 school budget year beginning July 1, 2003, for the school
  1 26 budget year beginning July 1, 2005, and each budget year
  1 27 thereafter.  This enables a school district to maintain 100
  1 28 percent of the previous year's budget, adjusted to include the
  1 29 amount of the budget adjustment the district received in the
  1 30 previous year.
  1 31    The bill eliminates provisions that were passed during the
  1 32 2001 legislative session which, starting with the school
  1 33 budget year beginning July 1, 2004, provided that school
  1 34 districts would no longer be eligible for the 100 percent
  1 35 "adjuster" guarantee, but would instead be eligible for a 101
  2  1 percent guarantee without the adjustment for inclusion of the
  2  2 previous year's guarantee.  The bill also eliminates
  2  3 provisions passed during the 2001 legislative session that
  2  4 provided for a 10=year phaseout of the 100 percent adjusted
  2  5 guarantee for school districts that would lose money based on
  2  6 the change to a 101 percent nonadjusted guarantee.
  2  7    The bill takes effect upon enactment.
  2  8 LSB 1622YH 81
  2  9 rn:nh/pj/5.2