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IA SF2004

IA SF2004
A bill for an act authorizing the expenditure of funding from the secure an advanced vision for education fund for certain insurance costs.


summary

Introduced
01/12/2026
In Committee
01/12/2026
Crossed Over
Passed
Dead

Introduced Session

91st General Assembly

Bill Summary

This bill authorizes the expenditure of funding from the secure an advanced vision for education (SAVE) fund for certain insurance costs. Code chapter 423F (statewide school infrastructure funding) establishes the purposes for which a school district may use moneys received from the SAVE fund. Those purposes generally include certain school infrastructure purposes and property tax relief. The bill modifies the definition of “school infrastructure” for purposes of Code chapter 423F to include the increased costs of insurance coverage for the school district that is associated with employing an individual who has been issued a professional permit to carry weapons under Code section 724.6(1)(a)(3).

AI Summary

This bill allows school districts to use money from the Secure an Advanced Vision for Education (SAVE) fund, which is typically used for school building projects and property tax relief, to cover increased insurance costs that arise from employing individuals who have obtained a professional permit to carry weapons. The SAVE fund is established under a state law that outlines how school districts can spend these funds, and this bill specifically expands the definition of "school infrastructure" within that law to include these new insurance expenses.

Committee Categories

Education

Sponsors (1)

Last Action

Subcommittee recommends passage. (on 01/21/2026)

bill text


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