A bill for an act providing for an annual authorization fee to be collected by the college student aid commission from certain postsecondary educational institutions not subject to registration with the commission.(Formerly HSB 48 ; See HF 1010 .)

House

File

772

-

Introduced

HOUSE

FILE

772

BY

COMMITTEE

ON

EDUCATION

(SUCCESSOR

TO

HSB

48)

A

BILL

FOR

An

Act

providing

for

an

annual

authorization

fee

to

be

1

collected

by

the

college

student

aid

commission

from

certain

2

postsecondary

educational

institutions

not

subject

to

3

registration

with

the

commission.

4

BE

IT

ENACTED

BY

THE

GENERAL

ASSEMBLY

OF

THE

STATE

OF

IOWA:

5

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772

Section

1.

Section

261B.8,

subsection

2,

Code

2025,

is

1

amended

to

read

as

follows:

2

2.

Fees

provided

for

in

subsection

1

shall

be

set

by

rule

3

not

more

than

once

each

year

and

shall

be

based

upon

the

costs

4

of

administering

this

chapter

.

5

Sec.

2.

Section

261B.8,

Code

2025,

is

amended

by

adding

the

6

following

new

subsection:

7

NEW

SUBSECTION

.

2A.

The

commission

shall

collect

a

single,

8

nonrefundable

annual

authorization

fee

from

each

entity

9

authorized

by

the

commission

under

section

261B.11

or

714.18

10

that

does

not

pay

a

registration

fee

under

subsection

1

or

11

chapter

261G.

Commencing

with

the

fiscal

year

beginning

July

12

1,

2025,

the

fee

amounts

provided

in

this

subsection

shall

be

13

in

effect.

The

commission

may

increase

the

fee

annually

by

14

an

amount

not

to

exceed

three

percent.

For

the

purposes

of

15

this

subsection,

“primary

location”

means

the

physical

location

16

of

the

main

campus

of

an

entity,

or

the

physical

location

of

17

the

corporate

office

of

an

entity

if

there

is

not

a

physical

18

campus.

19

a.

For

an

entity

granted

an

exemption

under

section

261B.11

20

with

a

primary

location

in

Iowa,

two

thousand

dollars.

21

b.

For

an

entity

granted

an

exemption

under

section

261B.11

22

with

a

primary

location

outside

of

Iowa,

three

thousand

five

23

hundred

dollars.

24

c.

For

an

entity

subject

to

section

714.18

with

a

primary

25

location

in

Iowa,

two

thousand

dollars.

26

d.

For

an

entity

subject

to

section

714.18

with

a

primary

27

location

outside

of

Iowa,

three

thousand

five

hundred

dollars.

28

EXPLANATION

29

The

inclusion

of

this

explanation

does

not

constitute

agreement

with

30

the

explanation’s

substance

by

the

members

of

the

general

assembly.

31

This

bill

requires

the

college

student

aid

commission

to

32

collect

a

single,

nonrefundable

annual

authorization

fee,

in

33

an

amount

specified

in

the

bill,

from

certain

entities

that

do

34

not

pay

a

registration

fee

to

the

commission

under

current

law.

35

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Such

entities

include

an

entity

exempt

from

registration

with

1

the

commission

under

Code

chapter

261B

or

an

entity

maintaining

2

or

conducting

in

Iowa

any

educational

course

by

classroom

3

instruction

or

by

correspondence

or

by

other

delivery

method,

4

or

soliciting

in

Iowa

the

sale

of

such

course

under

Code

5

section

714.18.

The

commission

may

increase

the

fee

annually

6

by

an

amount

not

to

exceed

3

percent.

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