SF 262 (LSB 2100XS (3) 91)

SENATE FILE 262

BY  DONAHUE

A BILL FOR

An Act requiring the establishment of the state percent of growth and categorical state percent of growth for two consecutive budget years during the first regular session of the general assembly, and including effective date provisions.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 257.8, subsections 1 and 2, Code 2025, are amended to read as follows:
   1.  State percent of growth.  During the first regular session of the Ninety-first General Assembly and during the first regular session of each subsequent general assembly thereafter, the general assembly shall establish by statute the state percent of growth for both the budget year beginning during the first regular session of the general assembly and for the succeeding budget year. After enactment of the state percent of growth for the succeeding budget year during the first regular session, the general assembly may increase but shall not decrease the state percent of growth for that succeeding budget year. The state percent of growth for the budget year beginning July 1, 2022, is two and one-half percent. The state percent of growth for the budget year beginning July 1, 2023, is three percent. The state percent of growth for the budget year beginning July 1, 2024, is two and one-half percent. The state percent of growth for each subsequent budget year shall be established by statute which shall be enacted within thirty days of the transmission of the governor’s budget required by February 1 under section 8.21 during the regular legislative session beginning in the base year.
   2.  Categorical state percent of growth.  During the first regular session of the Ninety-first General Assembly and during the first regular session of each subsequent general assembly thereafter, the general assembly shall establish by statute the categorical state percent of growth for both the budget year beginning during the first regular session of the general assembly and for the succeeding budget year. After enactment of the categorical state percent of growth for the succeeding budget year during the first regular session, the general assembly may increase but shall not decrease the categorical state percent of growth for that succeeding budget year. The categorical state percent of growth for the budget year beginning July 1, 2022, is two and one-half percent. The categorical state percent of growth for the budget year beginning July 1, 2023, is three percent. The categorical state percent of growth for the budget year beginning July 1, 2024, is two and one-half percent. The categorical state percent of growth for each budget year shall be established by statute which shall be enacted within thirty days of the transmission of the governor’s budget required by February 1 under section 8.21 during the regular legislative session beginning in the base year. The categorical state percent of growth may include state percents of growth for the teacher salary supplement, the professional development supplement, the early intervention supplement, the teacher leadership supplement, and for budget years beginning on or after July 1, 2020, transportation equity aid payments under section 257.16C.
    Sec. 2.  EFFECTIVE DATE.  This Act, being deemed of immediate importance, takes effect upon enactment.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill requires the establishment of the state percent of growth and categorical state percent of growth for two consecutive budget years during the first regular session of the general assembly.
   The bill also specifies that after enactment of the state percent of growth and the categorical state percent of growth for the second budget year during the first regular session, the general assembly may increase but shall not decrease either the state percent of growth or the categorical state percent of growth for that budget year.
   The bill takes effect upon enactment.