House File 110 - Introduced HOUSE FILE 110 BY BROWN-POWERS A BILL FOR An Act relating to school corporation funds by authorizing 1 certain transfers to the student activity fund and including 2 effective date provisions. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 1200YH (2) 87 md/rj
H.F. 110 Section 1. Section 298A.8, Code 2017, is amended to read as 1 follows: 2 298A.8 Student activity fund. 3 1. The student activity fund is a special revenue fund. 4 A student activity fund must be established in any school 5 corporation receiving money from student-related activities 6 such as admissions, activity fees, student dues, student 7 fund-raising events, or other student-related cocurricular or 8 extracurricular activities. Moneys in this fund shall be used 9 to support only the cocurricular program defined in department 10 of education administrative rules. 11 2. For school budget years beginning on or after July 1, 12 2017, the board of directors of a school corporation may, 13 by board resolution, transfer from the school corporation’s 14 general fund to the student activity fund an amount necessary 15 to purchase protective and safety equipment required for any 16 extracurricular interscholastic athletic contest or competition 17 that is sponsored or administered by an organization as defined 18 in section 280.13. 19 Sec. 2. EFFECTIVE UPON ENACTMENT. This Act, being deemed of 20 immediate importance, takes effect upon enactment. 21 EXPLANATION 22 The inclusion of this explanation does not constitute agreement with 23 the explanation’s substance by the members of the general assembly. 24 Current Code section 298A.8 requires a student activity 25 fund to be established in any school corporation receiving 26 moneys from student-related activities such as admissions, 27 activity fees, student dues, student fund-raising events, 28 or other student-related cocurricular or extracurricular 29 activities. Moneys in the student activity fund must be used 30 to support only the cocurricular program defined in department 31 of education administrative rules. 32 Under this bill, for school budget years beginning on 33 or after July 1, 2017, the board of directors of a school 34 corporation may, by board resolution, transfer from the school 35 -1- LSB 1200YH (2) 87 md/rj 1/ 2
H.F. 110 corporation’s general fund to the student activity fund an 1 amount necessary to purchase protective and safety equipment 2 required for any extracurricular interscholastic athletic 3 contest or competition that is sponsored or administered by an 4 organization as defined in Code section 280.13. 5 The bill takes effect upon enactment. 6 -2- LSB 1200YH (2) 87 md/rj 2/ 2