House File 2183 - Introduced
HOUSE FILE
BY REICHERT
Passed House, Date Passed Senate, Date
Vote: Ayes Nays Vote: Ayes Nays
Approved
A BILL FOR
1 An Act authorizing utilization of physical plant and equipment
2 levy revenue to guarantee school district energy savings
3 contracts.
4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
5 TLSB 6027HH 82
6 rn/nh/5
PAG LIN
1 1 Section 1. Section 298.3, subsection 7, Code 2007, is
1 2 amended to read as follows:
1 3 7. Expenditures for energy conservation, including
1 4 payments made pursuant to a guarantee furnished by a school
1 5 district entering into a financing agreement for energy
1 6 conservation measures, including but not limited to agreements
1 7 pursuant to section 473.19, 473.20, or 473.20A.
1 8 EXPLANATION
1 9 This bill authorizes a school district entering into a
1 10 financing agreement with the department of natural resources
1 11 for the cost of implementing energy conservation measures, as
1 12 provided in Code sections 473.19 through 473.20A, or other
1 13 financing agreements, to use revenue from the physical plant
1 14 and equipment levy to make payments pursuant to a guarantee
1 15 issued by the school district if applicable to the financing
1 16 agreement.
1 17 LSB 6027HH 82
1 18 rn/nh/5