SF 484 (LSB 2271SV (2) 90)

SENATE FILE 484

BY  COMMITTEE ON EDUCATION

(SUCCESSOR TO SF 393)

A BILL FOR

An Act relating to meetings of the school finance formula review committee.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  SCHOOL FINANCE FORMULA REVIEW COMMITTEE.  Legislative review of the school finance formula under section 257.1, subsection 4, is required to occur at least every five years. The review last occurred during the 2019 legislative interim and the next review must occur during or before the 2024 legislative interim. The legislative council is requested to approve the meeting of the school finance formula review committee during the 2023 legislative interim.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   Legislative review of the school finance formula under Code section 257.1(4) is required to occur at least every five years. The review last occurred during the 2019 legislative interim and the next review must occur during or before the 2024 legislative interim. This bill requests the legislative council to approve the meeting of the school finance formula review committee during the 2023 legislative interim.