Bill Text: IA HF110 | 2017-2018 | 87th General Assembly | Introduced
Bill Title: A bill for an act relating to school corporation funds by authorizing certain transfers to the student activity fund and including effective date provisions.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2017-01-26 - Subcommittee: Hager, Brown-Powers and Jones. H.J. 131. [HF110 Detail]
Download: Iowa-2017-HF110-Introduced.html
House File 110 - Introduced HOUSE FILE BY BROWN=POWERS A BILL FOR 1 An Act relating to school corporation funds by authorizing 2 certain transfers to the student activity fund and including 3 effective date provisions. 4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: TLSB 1200YH (2) 87 md/rj PAG LIN 1 1 Section 1. Section 298A.8, Code 2017, is amended to read as 1 2 follows: 1 3 298A.8 Student activity fund. 1 4 1. The student activity fund is a special revenue fund. 1 5 A student activity fund must be established in any school 1 6 corporation receiving money from student=related activities 1 7 such as admissions, activity fees, student dues, student 1 8 fund=raising events, or other student=related cocurricular or 1 9 extracurricular activities. Moneys in this fund shall be used 1 10 to support only the cocurricular program defined in department 1 11 of education administrative rules. 1 12 2. For school budget years beginning on or after July 1, 1 13 2017, the board of directors of a school corporation may, 1 14 by board resolution, transfer from the school corporation's 1 15 general fund to the student activity fund an amount necessary 1 16 to purchase protective and safety equipment required for any 1 17 extracurricular interscholastic athletic contest or competition 1 18 that is sponsored or administered by an organization as defined 1 19 in section 280.13. 1 20 Sec. 2. EFFECTIVE UPON ENACTMENT. This Act, being deemed of 1 21 immediate importance, takes effect upon enactment. 1 22 EXPLANATION 1 23 The inclusion of this explanation does not constitute agreement with 1 24 the explanation's substance by the members of the general assembly. 1 25 Current Code section 298A.8 requires a student activity 1 26 fund to be established in any school corporation receiving 1 27 moneys from student=related activities such as admissions, 1 28 activity fees, student dues, student fund=raising events, 1 29 or other student=related cocurricular or extracurricular 1 30 activities. Moneys in the student activity fund must be used 1 31 to support only the cocurricular program defined in department 1 32 of education administrative rules. 1 33 Under this bill, for school budget years beginning on 1 34 or after July 1, 2017, the board of directors of a school 1 35 corporation may, by board resolution, transfer from the school 2 1 corporation's general fund to the student activity fund an 2 2 amount necessary to purchase protective and safety equipment 2 3 required for any extracurricular interscholastic athletic 2 4 contest or competition that is sponsored or administered by an 2 5 organization as defined in Code section 280.13. 2 6 The bill takes effect upon enactment. LSB 1200YH (2) 87 md/rj