Senate File 2119 - Introduced




                                 SENATE FILE       
                                 BY  JOHNSON

                                      A BILL FOR

  1 An Act relating to a transfer of funding for a time certain
  2    among the athletic programs at the institutions of higher
  3    learning under the control of the state board of regents.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
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PAG LIN



  1  1    Section 1.  NEW SECTION.  262.97  Athletic operating budgets
  1  2 == revenue transfers.
  1  3    Annually, on September 1 following the close of a fiscal
  1  4 year, the state university of Iowa and Iowa state university
  1  5 of science and technology athletic departments shall transfer
  1  6 to the university of northern Iowa athletic department for the
  1  7 following fiscal years the following amounts:
  1  8    1.  From the state university of Iowa as follows:
  1  9    a.  For the fiscal year beginning July 1, 2016, and ending
  1 10 June 30, 2017, the sum of two million two hundred eighty
  1 11 thousand dollars.
  1 12    b.  For the fiscal year beginning July 1, 2017, and ending
  1 13 June 30, 2018, the sum of two million two hundred eighty
  1 14 thousand dollars.
  1 15    c.  For the fiscal year beginning July 1, 2018, and ending
  1 16 June 30, 2019, the sum of two million two hundred eighty
  1 17 thousand dollars.
  1 18    d.  For the fiscal year beginning July 1, 2019, and ending
  1 19 June 30, 2020, the sum of two million two hundred eighty
  1 20 thousand dollars.
  1 21    e.  For the fiscal year beginning July 1, 2020, and ending
  1 22 June 30, 2021, the sum of two million two hundred eighty
  1 23 thousand dollars.
  1 24    2.  From Iowa state university of science and technology as
  1 25 follows:
  1 26    a.  For the fiscal year beginning July 1, 2016, and ending
  1 27 June 30, 2017, the sum of one million seven hundred twenty
  1 28 thousand dollars.
  1 29    b.  For the fiscal year beginning July 1, 2017, and ending
  1 30 June 30, 2018, the sum of one million seven hundred twenty
  1 31 thousand dollars.
  1 32    c.  For the fiscal year beginning July 1, 2018, and ending
  1 33 June 30, 2019, the sum of one million seven hundred twenty
  1 34 thousand dollars.
  1 35    d.  For the fiscal year beginning July 1, 2019, and ending
  2  1 June 30, 2020, the sum of one million seven hundred twenty
  2  2 thousand dollars.
  2  3    e.  For the fiscal year beginning July 1, 2020, and ending
  2  4 June 30, 2021, the sum of one million seven hundred twenty
  2  5 thousand dollars.
  2  6                           EXPLANATION
  2  7 The inclusion of this explanation does not constitute agreement with
  2  8 the explanation's substance by the members of the general assembly.
  2  9    This bill directs the state university of Iowa (UI) and Iowa
  2 10 state university of science and technology (ISU) to transfer
  2 11 from moneys from their university's athletic departments a
  2 12 total of $4 million for each of the next five years to the
  2 13 university of northern Iowa (UNI) athletic department.
  2 14    For each fiscal year of the fiscal period beginning July
  2 15 1, 2016, and ending June 30, 2021, the UI athletic department
  2 16 shall transfer $2,280,000 to the UNI athletic department, and
  2 17 the ISU athletic department shall transfer $1,720,000 to the
  2 18 UNI athletic department.
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