House File 469 - Introduced
HOUSE FILE
BY COMMITTEE ON EDUCATION
(SUCCESSOR TO HF 156)
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 1447HV 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, lease, or entrance into an agreement under
1 4 chapter 28E to purchase or lease, to provide transportation
1 5 equipment for transporting students, including transportation
1 6 replacement parts and renovations exceeding five hundred
1 7 dollars.
1 8 Sec. 2. APPLICABILITY. This Act is applicable for
1 9 physical plant and equipment levies imposed either through
1 10 board authorization or voter approval on or after the
1 11 effective date of this Act, or local option sales taxes for
1 12 school infrastructure purposes imposed on or after the
1 13 effective date of this Act.
1 14 EXPLANATION
1 15 This bill concerns permissible uses of physical plant and
1 16 equipment levy revenue. The bill provides that revenue may be
1 17 additionally expended for leasing, or the entrance into an
1 18 agreement under Code chapter 28E to purchase or lease, to
1 19 provide transportation equipment.
1 20 The bill provides that revenue may also be spent on
1 21 transportation replacement parts and renovations that exceed
1 22 $500.
1 23 The bill is applicable for physical plant and equipment
1 24 levies imposed on or after the bill's effective date, and
1 25 because Code section 423E.1 includes the purposes authorized
1 26 for the physical plant and equipment levy in the definition of
1 27 "school infrastructure", the bill is also applicable to local
1 28 option sales taxes for school infrastructure purposes imposed
1 29 on or after the bill's effective date.
1 30 LSB 1447HV 82
1 31 ak:nh/sh/8