Senate Study Bill 3112 - Introduced SENATE FILE _____ BY (PROPOSED COMMITTEE ON EDUCATION BILL BY CHAIRPERSON QUIRMBACH) A BILL FOR An Act relating to establishment of the state percent of growth 1 for purposes of the state school foundation program and 2 including effective date and applicability provisions. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 6021XC (2) 84 md/sc

S.F. _____ Section 1. Section 257.8, subsection 1, Code Supplement 1 2011, is amended to read as follows: 2 1. State percent of growth. The state percent of growth 3 for the budget year beginning July 1, 2010, is two percent. 4 The state percent of growth for the budget year beginning July 5 1, 2012, is two percent. The state percent of growth for the 6 budget year beginning July 1, 2013, is four percent. The state 7 percent of growth for each subsequent budget year shall be 8 established by statute which shall be enacted within thirty 9 days of the submission in the year preceding the base year of 10 the governor’s budget under section 8.21 . The establishment of 11 the state percent of growth for a budget year shall be the only 12 subject matter of the bill which enacts the state percent of 13 growth for a budget year. 14 Sec. 2. EFFECTIVE UPON ENACTMENT. This Act, being deemed of 15 immediate importance, takes effect upon enactment. 16 Sec. 3. APPLICABILITY. This Act is applicable for computing 17 state aid under the state school foundation program for the 18 school budget year beginning July 1, 2013. 19 EXPLANATION 20 This bill establishes a state percent of growth of 4 21 percent for purposes of the state school foundation program 22 for the school budget year beginning July 1, 2013. The bill 23 takes effect upon enactment and is applicable for state aid 24 computation under the state school foundation program for the 25 school budget year beginning July 1, 2013. 26 -1- LSB 6021XC (2) 84 md/sc 1/ 1