This bill amends Section 298A.8 of the Code 2025 to establish a new provision regarding the handling of moneys in school district student activity funds. Specifically, it states that funds deposited into the student activity fund will not revert to the general fund of the school corporation until the end of the fiscal year in which the funds were deposited.

The intent of this legislation is to provide greater flexibility for school districts in managing their student activity funds, allowing them to retain these funds for a longer period before they are transferred back to the general fund. This change aims to support student activities and programs by ensuring that the funds remain available for their intended purposes throughout the fiscal year.

Statutes affected:
Introduced: 298A.8