HF 384 (LSB 2247HV (1) 86)

HOUSE FILE 384

BY  COMMITTEE ON EDUCATION

(SUCCESSOR TO HSB 131)

A BILL FOR

An Act relating to the use of revenues resulting from the physical plant and equipment levy and including applicability provisions.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 298.3, subsection 1, Code 2015, is amended by adding the following new paragraph:
   NEW PARAGRAPH.  n.  (1)  The repair of any of the following:
   (a)  Equipment or technology eligible to be purchased, leased, or lease-purchased under paragraph “c”.
   (b)  Transportation equipment eligible to be purchased under paragraph “i”.
   (c)  Recreational equipment eligible to be purchased under paragraph “k”.
   (2)  For the purposes of this paragraph, “repair” means restoring an existing item of equipment or technology to its original condition, as near as may be, after gradual obsolescence or physical and functional depreciation due to wear and tear, corrosion and decay, or partial destruction, and includes maintenance of an item of equipment or technology.
    Sec. 2.  APPLICABILITY.  This Act applies to school budget years beginning on or after July 1, 2015.
EXPLANATION
The inclusion of this explanation does not constitute agreement with

the explanation’s substance by the members of the general assembly.
   Current Code section 298.3 authorizes revenues from the regular and voter-approved physical plant and equipment levies to be used, in part, for the purchase, lease, or lease-purchase of equipment or technology exceeding $500 in value per purchase, lease, or lease-purchase transaction, the purchase of transportation equipment for transporting students, and the purchase of equipment for recreational purposes. This bill authorizes a school district to use revenues from the regular and voter-approved physical plant and equipment levies for the repair of such equipment and technology. The bill defines “repair”.
   The bill applies to school budget years beginning on or after July 1, 2015.