HF 335 (LSB 2525YH (2) 91)

HOUSE FILE 335

BY  GOLDING

A BILL FOR

An Act relating to moneys deposited into school district student activity funds.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 298A.8, Code 2025, is amended by adding the following new subsection:
   NEW SUBSECTION.  3.  The moneys in the student activity fund shall not revert to the general fund of the school corporation until the end of the fiscal year in which the moneys were deposited into the student activity fund.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill provides that the moneys in the student activity fund shall not revert to the general fund of the school corporation until the end of the fiscal year in which the moneys were deposited into the student activity fund.