Bill Text: IA HF421 | 2023-2024 | 90th General Assembly | Enrolled
Bill Title: A bill for an act relating to the Iowa tuition grants program administered by the college student aid commission and including effective date and retroactive applicability provisions. (Formerly HF 186.) Effective date: Enactment, 05/11/2023, 07/01/2023. Applicability date: 12/01/2022.
Spectrum: Committee Bill
Status: (Passed) 2023-05-12 - Fiscal note. [HF421 Detail]
Download: Iowa-2023-HF421-Enrolled.html
House
File
421
-
Enrolled
House
File
421
AN
ACT
RELATING
TO
THE
IOWA
TUITION
GRANTS
PROGRAM
ADMINISTERED
BY
THE
COLLEGE
STUDENT
AID
COMMISSION
AND
INCLUDING
EFFECTIVE
DATE
AND
RETROACTIVE
APPLICABILITY
PROVISIONS.
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
DIVISION
I
FOR-PROFIT
INSTITUTIONS
Section
1.
IOWA
TUITION
GRANTS
——
FOR-PROFIT
INSTITUTIONS.
For
the
period
beginning
December
1,
2022,
and
ending
June
30,
2023,
and
for
purposes
of
section
261.16A,
an
“eligible
institution”,
as
defined
in
section
261.9,
subsection
3,
paragraph
“a”,
shall
include
an
institution
of
higher
learning
accredited
by
the
higher
learning
commission
which,
effective
January
8,
2010,
was
purchased
by
an
institution
that
was
not
exempt
from
taxation
under
section
501(c)(3)
of
the
Internal
Revenue
Code
and
which,
effective
December
1,
2022,
was
purchased
by
an
entity
located
in
this
state
that
is
exempt
House
File
421,
p.
2
from
taxation
under
section
501(c)(3)
of
the
Internal
Revenue
Code.
Sec.
2.
EFFECTIVE
DATE.
This
division
of
this
Act,
being
deemed
of
immediate
importance,
takes
effect
upon
enactment.
Sec.
3.
RETROACTIVE
APPLICABILITY.
This
division
of
this
Act
applies
retroactively
to
December
1,
2022.
DIVISION
II
IOWA
TUITION
GRANTS
PROGRAM
Sec.
4.
Section
261.9,
subsection
3,
Code
2023,
is
amended
to
read
as
follows:
3.
“Eligible
institution”
means
an
institution
of
higher
learning
located
in
Iowa
which
is
operated
privately
and
not
controlled
or
administered
by
any
state
agency
or
any
subdivision
of
the
state,
which
is
not
exempt
from
taxation
under
section
501(c)(3)
of
the
Internal
Revenue
Code,
and
which
meets
all
of
the
criteria
in
subsection
1
,
paragraphs
“d”
through
“i”
,
and
the
criteria
in
paragraphs
“a”
or
“b”
as
follows:
a.
Is
accredited
by
the
higher
learning
commission
and
which,
effective
January
8,
2010,
purchased
an
accredited
private
institution
that
was
exempt
from
taxation
under
section
501(c)
of
the
Internal
Revenue
Code
,
or
whose
students
were
eligible
to
receive
tuition
grants
in
the
fiscal
year
beginning
July
1,
2003.
The
eligible
institution
shall
annually
provide
a
matching
aggregate
amount
of
institutional
financial
aid
which
shall
increase
by
the
percentage
of
increase
each
fiscal
year
of
funds
appropriated
for
Iowa
tuition
grants
under
section
261.25,
subsection
2
,
to
a
maximum
match
of
one
hundred
percent
as
initiated
under
section
261.9,
subsection
1
,
paragraph
“b”
,
Code
2005.
b.
Is
is
a
barber
school
licensed
under
section
158.7
or
a
school
of
cosmetology
arts
and
sciences
licensed
under
chapter
157
and
is
accredited
by
a
national
accrediting
agency
recognized
by
the
United
States
department
of
education.
For
the
fiscal
year
beginning
July
1,
2017,
an
eligible
institution
under
this
paragraph
such
a
barber
school
or
school
of
cosmetology
arts
and
sciences
shall
provide
a
matching
aggregate
amount
of
institutional
financial
aid
equal
to
at
House
File
421,
p.
3
least
seventy-five
percent
of
the
amount
received
by
the
institution’s
students
for
Iowa
tuition
grant
assistance
under
section
261.16A
.
For
the
fiscal
year
beginning
July
1,
2018,
the
institution
barber
school
or
school
of
cosmetology
arts
and
sciences
shall
provide
a
matching
aggregate
amount
of
institutional
financial
aid
equal
to
at
least
eighty-five
percent
of
the
amount
received
in
that
fiscal
year.
Commencing
with
the
fiscal
year
beginning
July
1,
2019,
and
each
succeeding
fiscal
year,
the
matching
aggregate
amount
of
institutional
financial
aid
shall
be
at
least
equal
to
the
match
provided
by
eligible
institutions
under
section
261.9,
subsection
3,
paragraph
“a”
,
Code
2023
.
Sec.
5.
Section
261.16A,
subsection
2,
Code
2023,
is
amended
to
read
as
follows:
2.
Extent
of
grant.
a.
A
qualified
full-time
resident
student
enrolled
in
an
eligible
institution
that
meets
the
criteria
of
section
261.9,
subsection
3
,
paragraph
“a”
,
may
receive
tuition
grants
for
not
more
than
eight
semesters
of
undergraduate
study
or
the
equivalent;
a
qualified
part-time
resident
student
enrolled
in
the
eligible
institution
may
receive
tuition
grants
for
not
more
than
sixteen
semesters
of
undergraduate
study
or
the
equivalent.
b.
A
qualified
full-time
resident
student
enrolled
in
an
eligible
institution
that
meets
the
criteria
of
section
261.9,
subsection
3
,
paragraph
“b”
,
may
receive
tuition
grants
for
not
more
than
four
semesters
or
the
equivalent
of
two
full
years
of
study.
However,
if
a
student
resumes
study
after
at
least
a
two-year
absence,
the
student
may
again
be
eligible
for
the
specified
amount
of
time,
except
that
the
student
shall
not
receive
assistance
for
courses
for
which
credit
was
previously
received.
Sec.
6.
Section
261.25,
subsection
2,
Code
2023,
is
amended
to
read
as
follows:
2.
There
is
appropriated
from
the
general
fund
of
the
state
to
the
commission
for
each
fiscal
year
the
sum
of
five
hundred
thousand
dollars
for
tuition
grants
for
qualified
students
who
are
enrolled
in
eligible
institutions.
Of
the
moneys
appropriated
under
this
subsection
,
not
more
than
one
hundred
House
File
421,
p.
4
thousand
dollars
annually
shall
be
used
for
tuition
grants
to
qualified
students
who
are
attending
an
eligible
institution
under
section
261.9,
subsection
3
,
paragraph
“b”
.
______________________________
PAT
GRASSLEY
Speaker
of
the
House
______________________________
AMY
SINCLAIR
President
of
the
Senate
I
hereby
certify
that
this
bill
originated
in
the
House
and
is
known
as
House
File
421,
Ninetieth
General
Assembly.
______________________________
MEGHAN
NELSON
Chief
Clerk
of
the
House
Approved
_______________,
2023
______________________________
KIM
REYNOLDS
Governor
