HF 2046 (LSB 5734YH (2) 83)

HOUSE FILE 2046

BY  MAY

A BILL FOR

An Act modifying the deadline for establishment of the state percent of growth for purposes of the state school foundation program and including effective date provisions.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 257.8, subsection 1, Code Supplement 2009, is amended to read as follows:
   1.  State percent of growth.  The state percent of growth for the budget year beginning July 1, 2009, is four percent. The state percent of growth for the budget year beginning July 1, 2010, is two percent. The state percent of growth for each subsequent a budget year shall be established by statute which shall be enacted within thirty days of the submission in the year preceding the base year of the governor’s budget under section 8.21. The establishment of the state percent of growth for a budget year shall be the only subject matter of the bill which enacts the state percent of growth for a budget year.
    Sec. 2.  EFFECTIVE UPON ENACTMENT.  This Act, being deemed of immediate importance, takes effect upon enactment.
EXPLANATION
   This bill removes the requirement that the state percent of growth for a budget year be established in the year preceding the base year. Instead, the state percent of growth will be established in the same calendar year as the budget year begins.
   The bill takes effect upon enactment.