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IA SF2144
IA SF2144A bill for an act relating to school district general fund flexibility accounts by expanding eligible funding sources and modifying expenditure approval requirements.(Formerly SF 2043.)
summary
Introduced
01/29/2026
01/29/2026
In Committee
Crossed Over
Passed
Dead
Introduced Session
91st General Assembly
Bill Summary
This bill relates to school district general fund flexibility accounts. The bill expands the list of eligible funding sources that may be transferred into a school district’s general fund flexibility account to include teacher salary supplement funds calculated under Code section 257.10(9). The bill authorizes school districts to transfer any unexpended and unobligated teacher salary supplement funds at the end of a fiscal year beginning on or after July 1, 2026, into the school district’s flexibility account, provided all requirements for the use of those funds are met. The bill also removes the requirement that a school district hold a public hearing and publish a notice before approving expenditures from a general fund flexibility account. The bill retains board resolution and reporting requirements.
AI Summary
This bill modifies how Iowa school districts can use their general fund flexibility accounts, which are special accounts for holding and spending certain funds. Specifically, it allows school districts to transfer any unspent and unused teacher salary supplement funds, calculated under a specific code section (257.10(9)), into their flexibility account starting from the fiscal year beginning July 1, 2026, as long as all original requirements for those teacher salary funds have been met. Additionally, the bill removes the requirement for school districts to hold a public hearing and publish a notice before approving expenditures from these flexibility accounts, though they will still need a board resolution and must report on the expenditures.
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Education (Senate)
Last Action
Committee report, approving bill. S.J. 173. (on 01/29/2026)
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=SF2144 |
| BillText | https://www.legis.iowa.gov/docs/publications/LGI/91/attachments/SF2144.html |
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