Senate Study Bill 1019





                                       SENATE FILE       
                                       BY  (PROPOSED COMMITTEE ON
                                            EDUCATION BILL BY
                                            CO=CHAIRPERSONS CONNOLLY
                                            AND McKINLEY)


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

                                      A BILL FOR

  1 An Act providing for the establishment of the state percent of
  2    growth for purposes of the state school foundation program and
  3    providing an applicability date.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 1956XC 81
  6 rn/sh/8

PAG LIN



  1  1    Section 1.  Section 257.8, subsection 1, Code 2005, is
  1  2 amended to read as follows:
  1  3    1.  STATE PERCENT OF GROWTH.  The state percent of growth
  1  4 for the budget year beginning July 1, 2004, is two percent.
  1  5 The state percent of growth for the budget year beginning July
  1  6 1, 2005, is four percent.  The state percent of growth for the
  1  7 budget year beginning July 1, 2006, is four percent.  The
  1  8 state percent of growth for each subsequent budget year shall
  1  9 be established by statute which shall be enacted within thirty
  1 10 days of the submission in the year preceding the base year of
  1 11 the governor's budget under section 8.21.  The establishment
  1 12 of the state percent of growth for a budget year shall be the
  1 13 only subject matter of the bill which enacts the state percent
  1 14 of growth for a budget year.
  1 15    Sec. 2.  APPLICABILITY.  This Act is applicable for
  1 16 computing state aid under the state school foundation program
  1 17 for the school budget year beginning July 1, 2006.
  1 18                           EXPLANATION
  1 19    This bill establishes a state percent of growth of 4
  1 20 percent for purposes of the state school foundation program
  1 21 for the school budget year beginning July 1, 2006.  The bill
  1 22 is applicable for state aid computation under the school
  1 23 foundation program for the school budget year beginning July
  1 24 1, 2006.
  1 25 LSB 1956XC 81
  1 26 rn/sh/8