House File 2364HOUSE 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