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Bill > HF335


IA HF335

IA HF335
A bill for an act relating to moneys deposited into school district student activity funds.


summary

Introduced
02/12/2025
In Committee
02/12/2025
Crossed Over
Passed
Dead

Introduced Session

91st General Assembly

Bill Summary

This bill provides that the moneys in the student activity fund shall not revert to the general fund of the school corporation until the end of the fiscal year in which the moneys were deposited into the student activity fund.

AI Summary

This bill modifies an existing Iowa law related to school district student activity funds by specifying that money deposited into these funds will not automatically be transferred back to the school corporation's general fund until the end of the fiscal year in which the money was initially deposited. A student activity fund typically contains money collected from school-related activities such as club fundraisers, ticket sales for events, or student organization fees. By preventing immediate reversion of these funds, the bill allows schools more flexibility in managing and spending money generated through student activities, ensuring that funds can be used throughout the fiscal year for their intended purposes without the risk of automatic redistribution to the general fund before the year concludes.

Committee Categories

Education

Sponsors (1)

Last Action

House Education Committee (13:00:00 3/4/2025 RM 102) (on 03/04/2025)

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