HF 80 (LSB 1547HV (4) 86)

HOUSE FILE 80

BY  COMMITTEE ON EDUCATION

(SUCCESSOR TO HSB 58)

(As Amended and Passed by the House 2015-01-27)

A BILL FOR

An Act relating to school district funding by establishing the state percent of growth, modifying provisions relating to school district property tax replacement payments, and including effective date provisions.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 257.8, subsection 1, Code 2015, is amended to read as follows:
   1.  State percent of growth.  The state percent of growth for the budget year beginning July 1, 2012, is two percent. The state percent of growth for the budget year beginning July 1, 2013, is two percent. The state percent of growth for the budget year beginning July 1, 2014, is four percent.  The state percent of growth for the budget year beginning July 1, 2015, is one and twenty-five hundredths 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 submission in the year preceding the base year of the governor’s budget under section 8.21. The establishment of the state percent of growth for a budget year shall be the only subject matter of the bill which enacts the state percent of growth for a budget year.
    Sec. 2.  Section 257.16B, subsection 2, paragraph b, unnumbered paragraph 1, Code 2015, is amended to read as follows:

   For each the budget year beginning on or after July 1, 2014, the department of management shall calculate for each school district all of the following:
    Sec. 3.  Section 257.16B, subsection 2, Code 2015, is amended by adding the following new paragraph:
   NEW PARAGRAPH.  c.  For each budget year beginning on or after July 1, 2015, the department of management shall calculate for each school district all of the following:
   (1)  The regular program state cost per pupil for the budget year beginning July 1, 2012, multiplied by one hundred percent less the regular program foundation base per pupil percentage pursuant to section 257.1.
   (2)  The regular program state cost per pupil for the budget year, multiplied by one hundred percent less the regular program foundation base per pupil percentage pursuant to section 257.1.
   (3)  The amount of each school district’s property tax replacement payment. Each school district’s property tax replacement payment equals the school district’s weighted enrollment for the budget year multiplied by the remainder of the amount calculated for the school district under subparagraph (2) minus the amount calculated for the school district under subparagraph (1).
    Sec. 4.  CODE SECTION 257.8 —— IMPLEMENTATION.  The requirements of section 257.8, subsection 1, regarding the enactment of bills establishing the regular program state percent of growth within thirty days of the submission in the year preceding the base year of the governor’s budget and regarding the subject matter limitations of such bills do not apply to this Act.
    Sec. 5.  EFFECTIVE UPON ENACTMENT.  This Act, being deemed of immediate importance, takes effect upon enactment.