H.F. 185 Section 1. Section 257.8, subsection 1, Code 2011, is 1 amended to read as follows: 2 1. State percent of growth. The state percent of growth 3 for the budget year beginning July 1, 2009, is four percent. 4 The state percent of growth for the budget year beginning July 5 1, 2010, is two percent. The state percent of growth for the 6 budget year beginning July 1, 2011, is zero percent. The 7 state percent of growth for the budget year beginning July 1, 8 2012, is zero percent. The state percent of growth for each 9 subsequent budget year shall be established by statute which 10 shall be enacted within thirty days of the submission in the 11 year preceding the base year of the governor’s budget under 12 section 8.21 . The establishment of the state percent of growth 13 for a budget year shall be the only subject matter of the bill 14 which enacts the state percent of growth for a budget year. 15 Sec. 2. EFFECTIVE UPON ENACTMENT AND APPLICABILITY. This 16 Act, being deemed of immediate importance, takes effect upon 17 enactment and is applicable for computing state aid under 18 the state school foundation program for the school budget 19 year beginning July 1, 2011, and for the school budget year 20 beginning July 1, 2012. 21 EXPLANATION 22 This bill establishes a state percent of growth of 0 percent 23 for purposes of the state school foundation program for the 24 school budget year beginning July 1, 2011. The bill also 25 establishes a state percent of growth of 0 percent for purposes 26 of the state school foundation program for the school budget 27 year beginning July 1, 2012. The bill takes effect upon 28 enactment and is applicable for state aid computation under the 29 school foundation program for the school budget year beginning 30 July 1, 2011, and for the school budget year beginning July 1, 31 2012. 32 -1- LSB 2059HV (3) 84 md/sc 1/ 1