Bill Text: IA SF151 | 2011-2012 | 84th General Assembly | Introduced
Bill Title: A bill for an act increasing the property tax levy for community college operations and including applicability provisions.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-12-31 - END OF 2011 ACTIONS [SF151 Detail]
Download: Iowa-2011-SF151-Introduced.html
Senate
File
151
-
Introduced
SENATE
FILE
151
BY
KIBBIE
A
BILL
FOR
An
Act
increasing
the
property
tax
levy
for
community
college
1
operations
and
including
applicability
provisions.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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151
Section
1.
Section
260C.17,
Code
2011,
is
amended
to
read
1
as
follows:
2
260C.17
Preparation
and
approval
of
budget
——
tax.
3
1.
The
board
of
directors
of
each
merged
area
shall
prepare
4
an
annual
budget
designating
the
proposed
expenditures
for
5
operation
of
the
community
college.
The
board
shall
further
6
designate
the
amounts
which
are
to
be
raised
by
local
taxation
7
and
the
amounts
which
are
to
be
raised
by
other
sources
of
8
revenue
for
the
operation.
The
budget
of
each
merged
area
9
shall
be
submitted
to
the
state
board
no
later
than
May
1
10
preceding
the
next
fiscal
year
for
approval.
The
state
board
11
shall
review
the
proposed
budget
and
shall,
prior
to
June
1,
12
either
grant
its
approval
or
return
the
budget
without
approval
13
with
the
comments
of
the
state
board
attached
to
it.
Any
14
unapproved
budget
shall
be
resubmitted
to
the
state
board
for
15
final
approval.
Upon
approval
of
the
budget
by
the
state
16
board,
the
board
of
directors
shall
certify
the
amount
to
17
the
respective
county
auditors
and
the
boards
of
supervisors
18
annually
shall
levy
a
tax
of
twenty
and
one-fourth
eighty
cents
19
per
thousand
dollars
of
assessed
value
on
taxable
property
in
a
20
merged
area
for
the
operation
of
a
community
college.
Taxes
21
collected
pursuant
to
the
levy
shall
be
paid
by
the
respective
22
county
treasurers
to
the
treasurer
of
the
merged
area
as
23
provided
in
section
331.552,
subsection
29
.
24
2.
It
is
the
policy
of
this
state
that
the
property
tax
25
for
the
operation
of
community
colleges
shall
not
in
any
event
26
exceed
twenty
and
one-fourth
eighty
cents
per
thousand
dollars
27
of
assessed
value,
and
that
the
present
and
future
costs
of
28
such
operation
in
excess
of
the
funds
raised
by
such
levy
shall
29
be
the
responsibility
of
the
state
and
shall
not
be
paid
from
30
property
tax.
31
Sec.
2.
Section
260C.18C,
subsection
2,
paragraph
o,
Code
32
2011,
is
amended
to
read
as
follows:
33
o.
“General
fund
property
tax
revenue”
means
the
amount
of
34
moneys
a
community
college
raised
or
could
have
raised
from
a
35
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151
property
tax
of
twenty
and
one-fourth
eighty
cents
per
thousand
1
dollars
of
assessed
valuation
on
all
taxable
property
in
its
2
merged
area
collected
for
the
base
year.
3
Sec.
3.
APPLICABILITY.
This
Act
applies
to
budget
years
4
beginning
on
or
after
July
1,
2011.
5
EXPLANATION
6
This
bill
increases
the
property
tax
levy
rate
for
7
operations
of
community
colleges
from
20
1/4
cents
per
$1,000
8
of
assessed
value
to
80
cents
per
$1,000
of
assessed
value
on
9
taxable
property
in
the
merged
area.
10
The
bill
applies
to
budget
years
beginning
on
or
after
July
11
1,
2011.
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