Modifying provisions related to the distribution formula for general state financial aid to community colleges and including applicability provisions

Sponsored by the Senate Education Committee

Topics:State budget

Same legislation: SF 2405

Write your legislators about itWhat changed before it passed

Official bill page Lobbyist declarations One-pager to print

Where it is now

Done: IntroducedFebruary 15, 2024
Done: SubcommitteeFebruary 20, 2024
Done: Senate committeeFebruary 15, 2024
Done: Passes the SenateMarch 20, 202447–1
Done: House committeeApril 4, 2024
Done: Passes the HouseApril 17, 202495–0
Done: To the GovernorApril 29, 2024
Done: Signed into lawMay 8, 2024

Became SF 2405 → Its progress continues under the new number. Go to SF 2405 What’s a funnel?

What’s in it

This bill modifies provisions related to the distribution formula for general state financial aid to community colleges.18C establishes a distribution formula for the allocation of state moneys appropriated annually by the general assembly to the department of education for distribution to each community college. The distribution formula includes a base funding allocation, a marginal cost adjustment, a three-year rolling average of full-time equivalent enrollment, an extraordinary growth adjustment, and other allocations.

Read the full explanation

The bill defines “presidents council” as a council that is convened by the Iowa association of community college trustees that is made up of the presidents of the community colleges and the chancellors of the community colleges who serve as the chief executive officers of such community colleges.18C to provide that moneys appropriated by the general assembly from the general fund of the state to the department for community college purposes for general state financial aid for a budget year shall be allocated to each community college by the department pursuant to the terms of a distribution formula approved by the presidents council. The bill requires the presidents council to annually, on or before October of each year, establish such distribution formula for the succeeding budget year. The bill establishes goals the presidents council is to consider when determining the distribution formula. The bill provides that the distribution formula requires the approval of at least members of the presidents council. If the presidents council fails to approve a distribution formula, the bill requires the department to establish the distribution formula for general state aid to the community colleges for the succeeding budget year. Current law provides that adjustments to community college state general aid allocations are required to be made based on the outcomes of audits of student enrollment. The bill strikes this provision. The bill applies to budget years beginning on or after July 1, 2025.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text · What changed before it passed

Senate subcommittee

Named February 20, 2024. On February 27, 2024 it recommended amendment and passage. [].

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

Amends§260C.18C

Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works

Lobbying

3 for · 0 against · 4 undecided · Who →

Family tree

Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.

90th General Assembly

SF 2373Renumbered SF 2405Became lawfrom SF 2373

Earlier and later bills are matched by wording or an identical title; check the text to be sure it’s the same idea.