House File 156 - Introduced



                                       HOUSE FILE       
                                       BY  HEDDENS, GASKILL, and
                                           SCHUELLER


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

                                      A BILL FOR

  1 An Act relating to permissible uses of physical plant and
  2    equipment levy revenue, and including an applicability
  3    provision.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 1447HH 82
  6 ak/sh/8

PAG LIN



  1  1    Section 1.  Section 298.3, subsection 9, Code 2007, is
  1  2 amended to read as follows:
  1  3    9.  Purchase of transportation equipment for transporting
  1  4 students and contracting for transportation services.  For the
  1  5 purposes of this section, the percentage of physical plant and
  1  6 equipment levy revenue that may be expended by a school
  1  7 district in contracting for transportation services shall not
  1  8 exceed a proportion calculated annually by the department of
  1  9 education, the numerator of which is the combined
  1 10 transportation vehicle depreciation cost for all public school
  1 11 districts in the state and the denominator of which is the
  1 12 combined transportation net operating cost for all public
  1 13 school districts in the state.
  1 14    Sec. 2.  APPLICABILITY.  This Act is applicable for
  1 15 physical plant and equipment levies imposed either through
  1 16 board authorization or voter approval on or after the
  1 17 effective date of this Act, or local option sales taxes for
  1 18 school infrastructure purposes imposed on or after the
  1 19 effective date of this Act.
  1 20                           EXPLANATION
  1 21    This bill concerns permissible uses of physical plant and
  1 22 equipment levy revenue.  The bill provides that in addition to
  1 23 utilizing revenue for the purchase of transportation equipment
  1 24 for transporting students, which is currently authorized in
  1 25 Code section 298.3, revenue may also be expended for
  1 26 contracting for transportation services.  The bill provides
  1 27 that the percentage of physical plant and equipment levy
  1 28 revenue that may be expended by a school district in
  1 29 contracting for transportation services shall not exceed a
  1 30 proportion calculated annually by the department of education.
  1 31 The bill provides that the proportion consists of a numerator
  1 32 representing the combined transportation vehicle depreciation
  1 33 cost for all public school districts in the state and a
  1 34 denominator representing the combined transportation net
  1 35 operating cost for all public school districts in the state.
  2  1    The bill is applicable for physical plant and equipment
  2  2 levies imposed on or after the bill's effective date, and
  2  3 because Code section 423E.1 includes the purposes authorized
  2  4 for the physical plant and equipment levy in the definition of
  2  5 "school infrastructure", the bill is also applicable to local
  2  6 option sales taxes for school infrastructure purposes imposed
  2  7 on or after the bill's effective date.
  2  8 LSB 1447HH 82
  2  9 ak:nh/sh/8