HF221 • 2026

A bill for an act relating to the issuance of bonds by school districts by limiting the amount offered for sale.

Education

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: MEGGERS
Last action: 2025-02-27
Official status: Subcommittee recommends passage.
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

A bill for an act relating to the issuance of bonds by school districts by limiting the amount offered for sale.

What This Bill Does

A bill for an act relating to the issuance of bonds by school districts by limiting the amount offered for sale.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2025-02-27 Iowa Legislature
Subcommittee recommends passage.
2025-02-26 Iowa Legislature
Subcommittee Meeting: 02/27/2025 8:30AM House Lounge 2.
2025-02-11 Iowa Legislature
Subcommittee: Shipley, Gjerde and Hayes. H.J. 290 .
2025-02-06 Iowa Legislature
Introduced, referred to Education. H.J. 255 .

Official Summary Text

A bill for an act relating to the issuance of bonds by school districts by limiting the amount offered for sale.

Current Bill Text

Read the full stored bill text

House

File

221

-

Introduced

HOUSE

FILE

221

BY

MEGGERS

A

BILL

FOR

An

Act

relating

to

the

issuance

of

bonds

by

school

districts

by

1

limiting

the

amount

offered

for

sale.

2

BE

IT

ENACTED

BY

THE

GENERAL

ASSEMBLY

OF

THE

STATE

OF

IOWA:

3

TLSB

2437YH

(2)

91

jm/md

H.F.

221

Section

1.

NEW

SECTION

.

75.1A

Bond

issuance

by

school

1

districts

——

limitation.

2

For

projects

for

which

a

proposition

to

issue

bonds

by

a

3

school

district

was

approved

at

an

election

held

after

July

1,

4

2025,

the

total

amount

of

such

bonds

issued

for

the

project

5

under

any

provision

of

law

shall

not

exceed

an

amount

equal

to

6

eighty

percent

of

the

total

cost

of

the

project.

The

remaining

7

costs

of

the

project

shall

be

funded

from

sources

other

than

8

from

the

sale

of

bonds.

9

EXPLANATION

10

The

inclusion

of

this

explanation

does

not

constitute

agreement

with

11

the

explanation’s

substance

by

the

members

of

the

general

assembly.

12

This

bill

relates

to

the

issuance

of

bonds

by

a

school

13

district

by

limiting

the

amount

offered

for

sale

for

certain

14

projects.

Under

the

bill,

for

projects

for

which

a

proposition

15

to

issue

such

bonds

was

approved

at

an

election

held

after

July

16

1,

2025,

the

total

amount

of

bonds

issued

for

the

project

under

17

any

provision

of

law

shall

not

exceed

an

amount

equal

to

80

18

percent

of

the

total

cost

of

the

project.

The

remaining

costs

19

of

the

project

shall

be

funded

from

sources

other

than

from

the

20

sale

of

bonds.

21

-1-

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2437YH

(2)

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1/

1