Bill > SF262

This bill modifies how the state percent of growth and categorical state percent of growth are established in Iowa's budgeting process. Specifically, the bill requires the general assembly (Iowa's state legislature) to set these growth percentages for two consecutive budget years during the first regular session of each legislative assembly. Once these percentages are established for the second budget year, the legislature may only increase, not decrease, those percentages. The bill removes previous language that required growth percentages to be set within thirty days of the governor's budget transmission and replaces it with a more structured approach to budget planning. The state percent of growth and categorical state percent of growth are important budget parameters that help determine funding levels for various state programs, including education-related expenses like teacher salaries, professional development, early intervention, and transportation aid. The bill takes effect immediately upon enactment, signaling its urgency and importance to the state's budgeting process.

Education

https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=SF262