Bill
Bill > HF1055
IA HF1055
IA HF1055A bill for an act relating to state finances, including by making, modifying, limiting, or reducing appropriations, distributions, or transfers, authorizing expenditure of unappropriated moneys in special funds, providing for properly related matters including prohibiting state membership in the Iowa individual health benefit reinsurance association, making corrections, and including effective date and retroactive applicability provisions.
summary
Introduced
05/14/2025
05/14/2025
In Committee
Crossed Over
Passed
Dead
Introduced Session
91st General Assembly
Bill Summary
APPROPRIATIONS, DISTRIBUTIONS, TRANSFERS, AND EXPENDITURE AUTHORITY. This bill limits or reduces the standing appropriations for FY 2025-2026 for payment of claims for nonpublic school pupil transportation, instructional support state aid, and state aid for area education agencies and school districts under Code section 257.35. The bill authorizes salary adjustments to be funded as determined by the department of management from unappropriated moneys in certain special funds. The bill transfers moneys from the taxpayer relief fund to the general fund of the state based on the application of assessment limitations calculated under Code section 441.21 due to the enactment of 2023 Iowa Acts, chapter 5, to be used in lieu of a like amount of other general fund moneys to pay foundation aid under Code chapter 257 for FY 2025-2026. CORRECTIVE PROVISIONS. The bill makes technical corrections to, or as the result of, legislation enacted or considered during the 2025 legislative session. Certain provisions take effect or apply retroactively based on the underlying 2025 legislation. STATE MEMBERSHIP —— REINSURANCE ASSOCIATION. The bill excludes the state from membership in the Iowa individual health benefit reinsurance association. This provision takes effect upon enactment and applies retroactively to January 1, 2020.
AI Summary
This bill addresses several aspects of state finances and operations for the fiscal year 2025-2026, focusing on budget limitations and technical corrections. The bill limits standing appropriations for nonpublic school pupil transportation to $8,997,091, with claims to be prorated if they exceed this amount. It sets the appropriation for instructional support state aid to zero and allows salary adjustments to be funded from unappropriated moneys in various special funds, including the commerce revolving fund and the primary road fund. The bill transfers $21,881,303 from the taxpayer relief fund to the general fund, to be used for foundation aid. Additionally, it reduces state aid for school districts and area education agencies by $25 million, with reductions prorated across districts. The bill makes numerous technical corrections to various sections of existing law, including clarifications in sections related to health care, education, and state agencies. Notably, the bill also excludes the state and its departments from membership in the Iowa individual health benefit reinsurance association, a provision that applies retroactively to January 1, 2020. Some provisions of the bill take effect immediately upon enactment, while others are tied to the effectiveness of specific 2025 legislative acts.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Appropriations (House)
Last Action
NOBA: House Full Approps (on 05/14/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=HF1055 |
| BillText | https://www.legis.iowa.gov/docs/publications/LGI/91/attachments/HF1055.html |
| Fiscal Note/Analysis - NOBA: House Full Approps | https://www.legis.iowa.gov/docs/publications/NOBA/1528018.pdf |
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