House File 2364 



                                       HOUSE FILE       
                                       BY  COMMITTEE ON EDUCATION

                                       (SUCCESSOR TO HF 2183)


    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 6027HV 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, limited to agreements pursuant to
  1  7 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, to use
  1 13 revenue from the physical plant and equipment levy to make
  1 14 payments pursuant to a guarantee issued by the school district
  1 15 if applicable to the financing agreement.
  1 16 LSB 6027HV 82
  1 17 rn/nh/5