Bills › 88th General Assembly
Relating to public school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2019, specifying citation references, modifying provisions relating to the property tax replacement payments, and including effective date provisions
Where it is now
- Done: IntroducedFebruary 14, 2019
- Done: SubcommitteeFebruary 19, 2019
- Stopped: House committeeDied when the General Assembly ended
- Next: Passes the House
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2020 session adjourned on June 14, 2020, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
This bill relates to public school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2019, and modifying provisions relating to the property tax replacement payments. The bill specifies that Code chapter 257 shall be known and may be cited as the “Fund Iowa’s Future Act”. The bill establishes a state percent of growth of percent for the budget year beginning July 1, 2019. The state percent of growth is used to calculate the amount of supplemental state aid for a budget year as part of the state school foundation program.
Read the full explanation
The bill also establishes a categorical state percent of growth of percent for the budget year beginning July 1, 2019. The categorical state percent of growth is used to calculate the amount of supplemental state aid for each of the categorical funding supplements.16B provides for school district property tax replacement payments. For each budget year beginning on or after July 1, 2018, each school district’s property tax replacement payment amount is equal to the school district’s weighted enrollment for the budget year multiplied by the difference of the following: (1) the regular program state cost per pupil for the budget year beginning July 1, 2018, multiplied by 100 percent less the regular program foundation base per pupil percentage; and (2) the regular program state cost per pupil for the budget year beginning July 1, 2012, multiplied by 100 percent less the regular program foundation base per pupil percentage.5 percent. The bill modifies the property tax replacement payment calculation for budget years beginning on or after July 1, 2019. For budget years beginning on or after July 1, 2019, each school district’s property tax replacement payment amount is equal to the school district’s weighted enrollment for the budget year multiplied by the difference of the following: (1) the regular program state cost per pupil for the budget year beginning July 1, 2019, multiplied by 100 percent less the regular program foundation base per pupil percentage; and (2) the regular program state cost per pupil for the budget year beginning July 1, 2012, multiplied by 100 percent less the regular program foundation base per pupil percentage. The bill takes effect upon enactment.
House subcommittee
Named February 19, 2019. It hasn’t reported yet.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Iowa Code it changes
Lobbying
0 for · 0 against · 2 undecided · Who →
Family tree
88th General Assembly
Picked up later
Earlier and later bills are matched by wording or an identical title.
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Matched by wording or an identical title.