SF 2004 (LSB 5456XS (1) 91)

SENATE FILE 2004

BY  ROWLEY

A BILL FOR

An Act authorizing the expenditure of funding from the secure an advanced vision for education fund for certain insurance costs.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 423F.3, subsection 6, paragraph a, Code 2026, is amended by adding the following new subparagraph:
   NEW SUBPARAGRAPH.  (6)  Additionally, “school infrastructure” includes the increased costs of insurance coverage for the school district that is associated with employing an individual who has been issued a professional permit to carry weapons under section 724.6, subsection 1, paragraph “a”, subparagraph (3).
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill authorizes the expenditure of funding from the secure an advanced vision for education (SAVE) fund for certain insurance costs. Code chapter 423F (statewide school infrastructure funding) establishes the purposes for which a school district may use moneys received from the SAVE fund. Those purposes generally include certain school infrastructure purposes and property tax relief. The bill modifies the definition of “school infrastructure” for purposes of Code chapter 423F to include the increased costs of insurance coverage for the school district that is associated with employing an individual who has been issued a professional permit to carry weapons under Code section 724.6(1)(a)(3).