Senate File 466 - Introduced SENATE FILE 466 BY WAHLS A BILL FOR An Act relating to the national guard service scholarship 1 program, and making appropriations. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 1828XS (2) 90 jda/ns
S.F. 466 Section 1. COLLEGE STUDENT AID COMMISSION —— NATIONAL GUARD 1 SERVICE SCHOLARSHIP PROGRAM. There is appropriated from the 2 general fund of the state to the college student aid commission 3 for the fiscal year beginning July 1, 2023, and ending June 30, 4 2024, the following amount, or so much thereof as is necessary, 5 to be used for the purposes designated: 6 For purposes of providing national guard service 7 scholarships under the program established in section 261.86: 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 6,600,000 9 EXPLANATION 10 The inclusion of this explanation does not constitute agreement with 11 the explanation’s substance by the members of the general assembly. 12 This bill appropriates $6.6 million from the general fund of 13 the state to the college student aid commission in FY 2023-2024 14 for purposes of providing scholarships under the national guard 15 service scholarship program, a program administered by the 16 college student aid commission that provides annual scholarship 17 awards to Iowa national guard members who attend eligible 18 Iowa colleges and universities. Under the program, maximum 19 individual scholarship awards cannot exceed the current maximum 20 resident tuition rate at institutions of higher education 21 governed by the state board of regents. 22 -1- LSB 1828XS (2) 90 jda/ns 1/ 1