This bill addresses state finances by making appropriations, modifications, and limitations related to various educational funding and other financial matters. Specifically, it appropriates $14 million from the general fund to the Department of Education for the fiscal years 2025-2026 and 2026-2027 to supplement education support personnel compensation. The bill also limits standing appropriations for nonpublic school pupil transportation and instructional support state aid for the fiscal year 2025-2026. Additionally, it authorizes salary adjustments to be funded from unappropriated moneys in certain special funds and transfers funds from the taxpayer relief fund to the general fund to support foundation aid.

Furthermore, the bill includes corrective provisions to amend existing laws and make technical corrections resulting from previous legislation. Notably, it prohibits state membership in the Iowa individual health benefit reinsurance association, with this provision taking effect immediately and retroactively to January 1, 2020. The bill also includes effective date and retroactive applicability provisions for various sections, ensuring that the changes are implemented promptly and appropriately.

Statutes affected:
Introduced: 257.2, 29D.4, 16.31, 237.10, 232.2, 279.87, 514F.8, 522F.4, 522F.9, 515.137A