Bill Text: IA SF422 | 2011-2012 | 84th General Assembly | Introduced
Bill Title: A bill for an act relating to the use of certain revenues resulting from the physical plant and equipment levies and including applicability provisions. (Formerly SSB 1164.)
Spectrum: Committee Bill
Status: (Introduced - Dead) 2011-12-31 - END OF 2011 ACTIONS [SF422 Detail]
Download: Iowa-2011-SF422-Introduced.html
Senate
File
422
-
Introduced
SENATE
FILE
422
BY
COMMITTEE
ON
EDUCATION
(SUCCESSOR
TO
SSB
1164)
A
BILL
FOR
An
Act
relating
to
the
use
of
certain
revenues
resulting
1
from
the
physical
plant
and
equipment
levies
and
including
2
applicability
provisions.
3
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
4
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S.F.
422
Section
1.
Section
298.3,
subsection
1,
paragraph
c,
Code
1
2011,
is
amended
to
read
as
follows:
2
c.
The
purchase,
lease,
or
lease-purchase
of
a
single
unit
3
of
equipment
or
technology
exceeding
five
hundred
dollars
in
4
value
per
unit
purchase,
lease,
or
lease-purchase
transaction
.
5
Each
transaction
may
include
multiple
equipment
or
technology
6
units.
7
Sec.
2.
Section
298.3,
subsection
1,
Code
2011,
is
amended
8
by
adding
the
following
new
paragraph:
9
NEW
PARAGRAPH
.
n.
The
purchase,
lease,
or
lease-purchase
of
10
desks,
furniture,
or
fixtures
exceeding
five
hundred
dollars
in
11
value
per
purchase,
lease,
or
lease-purchase
transaction.
Each
12
transaction
may
include
multiple
desk,
furniture,
or
fixture
13
units.
14
Sec.
3.
APPLICABILITY.
This
Act
applies
to
school
budget
15
years
beginning
on
or
after
July
1,
2011.
16
EXPLANATION
17
This
bill
amends
the
purposes
for
which
revenues
from
the
18
physical
plant
and
equipment
levies
may
be
expended.
The
bill
19
provides
that
revenues
may
be
used
for
the
purchase,
lease,
20
or
lease-purchase
of
equipment
or
technology
exceeding
$500
21
in
value
per
purchase,
lease,
or
lease-purchase
transaction.
22
The
bill
allows
each
transaction
to
include
multiple
equipment
23
or
technology
units.
Current
law
requires
each
equipment
or
24
technology
unit
to
have
a
cost
exceeding
$500.
25
The
bill
also
allows
the
use
of
such
revenues
for
the
26
purchase,
lease,
or
lease-purchase
of
desks,
furniture,
or
27
fixtures
exceeding
$500
in
value
per
purchase,
lease,
or
28
lease-purchase
transaction.
The
bill
allows
each
transaction
29
to
include
multiple
desk,
furniture,
or
fixture
units.
30
The
bill
applies
to
school
budget
years
beginning
on
or
after
31
July
1,
2011.
32
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