This bill amends existing Iowa law to allow school districts to utilize certain categorical funds generated from resident pupils participating in the education savings account program for any general fund purpose. Specifically, it modifies sections of the law related to the budget years beginning on or after July 1, 2026, allowing funds calculated under various subsections to be redirected from their original intended uses—such as teacher salary supplements and professional development—to broader school general fund purposes.

The amendments include provisions that state for budget years starting July 1, 2026, amounts attributable to pupils in the education savings account program may be used flexibly, rather than being restricted to specific educational expenditures. This change aims to provide school districts with greater financial flexibility in managing their budgets and addressing various needs within their general fund.

Statutes affected:
Introduced: 257.10, 257.46, 298A.2