Bill Text: IA SSB3122 | 2023-2024 | 90th General Assembly | Introduced
Bill Title: A bill for an act relating to school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2024, and including effective date provisions.(See SF 2258.)
Spectrum: Committee Bill
Status: (Introduced) 2024-02-07 - Committee report approving bill, renumbered as SF 2258. [SSB3122 Detail]
Download: Iowa-2023-SSB3122-Introduced.html
Senate
Study
Bill
3122
-
Introduced
SENATE
FILE
_____
BY
(PROPOSED
COMMITTEE
ON
EDUCATION
BILL
BY
CHAIRPERSON
ROZENBOOM)
A
BILL
FOR
An
Act
relating
to
school
funding
by
establishing
the
state
1
percent
of
growth
and
the
categorical
state
percent
of
2
growth
for
the
budget
year
beginning
July
1,
2024,
and
3
including
effective
date
provisions.
4
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
5
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Section
1.
Section
257.8,
subsections
1
and
2,
Code
2024,
1
are
amended
to
read
as
follows:
2
1.
State
percent
of
growth.
The
state
percent
of
growth
for
3
the
budget
year
beginning
July
1,
2021,
is
two
and
four-tenths
4
percent.
The
state
percent
of
growth
for
the
budget
year
5
beginning
July
1,
2022,
is
two
and
one-half
percent.
The
state
6
percent
of
growth
for
the
budget
year
beginning
July
1,
2023,
7
is
three
percent.
The
general
assembly
shall
establish
the
8
state
percent
of
growth
for
the
budget
year
beginning
July
1,
9
2024,
during
the
2024
regular
session.
The
state
percent
of
10
growth
for
each
subsequent
budget
year
shall
be
established
11
by
statute
which
shall
be
enacted
within
thirty
days
of
the
12
transmission
of
the
governor’s
budget
required
by
February
13
1
under
section
8.21
during
the
regular
legislative
session
14
beginning
in
the
base
year.
15
2.
Categorical
state
percent
of
growth.
The
categorical
16
state
percent
of
growth
for
the
budget
year
beginning
July
1,
17
2021,
is
two
and
four-tenths
percent.
The
categorical
state
18
percent
of
growth
for
the
budget
year
beginning
July
1,
2022,
19
is
two
and
one-half
percent.
The
categorical
state
percent
of
20
growth
for
the
budget
year
beginning
July
1,
2023,
is
three
21
percent.
The
general
assembly
shall
establish
the
categorical
22
state
percent
of
growth
for
the
budget
year
beginning
July
1,
23
2024,
during
the
2024
regular
session.
The
categorical
state
24
percent
of
growth
for
each
budget
year
shall
be
established
25
by
statute
which
shall
be
enacted
within
thirty
days
of
the
26
transmission
of
the
governor’s
budget
required
by
February
27
1
under
section
8.21
during
the
regular
legislative
session
28
beginning
in
the
base
year.
The
categorical
state
percent
of
29
growth
may
include
state
percents
of
growth
for
the
teacher
30
salary
supplement,
the
professional
development
supplement,
31
the
early
intervention
supplement,
the
teacher
leadership
32
supplement,
and
for
budget
years
beginning
on
or
after
July
1,
33
2020,
transportation
equity
aid
payments
under
section
257.16C
.
34
Sec.
2.
EFFECTIVE
DATE.
This
Act,
being
deemed
of
immediate
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importance,
takes
effect
upon
enactment.
1
EXPLANATION
2
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
3
the
explanation’s
substance
by
the
members
of
the
general
assembly.
4
This
bill
relates
to
school
funding
by
establishing
the
5
state
percent
of
growth
and
the
categorical
state
percent
of
6
growth
for
the
budget
year
beginning
July
1,
2024.
7
The
state
percent
of
growth
is
used
to
calculate
the
amount
8
of
supplemental
state
aid
for
a
budget
year
as
part
of
the
9
state
school
foundation
program.
The
categorical
state
10
percent
of
growth
is
generally
used
to
calculate
the
amount
11
of
supplemental
state
aid
for
each
of
the
categorical
funding
12
supplements.
The
bill
provides
that
the
general
assembly
shall
13
establish
the
state
percent
of
growth
and
the
categorical
state
14
percent
of
growth
for
the
budget
year
beginning
July
1,
2024,
15
during
the
2024
regular
session.
16
The
bill
takes
effect
upon
enactment.
17
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