SF 466 (LSB 1828XS (2) 90)

SENATE FILE 466

BY  WAHLS

A BILL FOR

An Act relating to the national guard service scholarship program, and making appropriations.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  COLLEGE STUDENT AID COMMISSION —— NATIONAL GUARD SERVICE SCHOLARSHIP PROGRAM.  There is appropriated from the general fund of the state to the college student aid commission for the fiscal year beginning July 1, 2023, and ending June 30, 2024, the following amount, or so much thereof as is necessary, to be used for the purposes designated:
   For purposes of providing national guard service scholarships under the program established in section 261.86:
   ...................................................................... $  6,600,000
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill appropriates $6.6 million from the general fund of the state to the college student aid commission in FY 2023-2024 for purposes of providing scholarships under the national guard service scholarship program, a program administered by the college student aid commission that provides annual scholarship awards to Iowa national guard members who attend eligible Iowa colleges and universities. Under the program, maximum individual scholarship awards cannot exceed the current maximum resident tuition rate at institutions of higher education governed by the state board of regents.