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Senate
Joint
Resolution
6
-
Introduced
SENATE
JOINT
RESOLUTION
6
BY
COSTELLO
,
GRUENHAGEN
,
CAMPBELL
,
ALONS
,
SHIPLEY
,
SWEENEY
,
WEBSTER
,
EVANS
,
BOUSSELOT
,
GUTH
,
WESTRICH
,
KLIMESH
,
LOFGREN
,
GREEN
,
REICHMAN
,
DICKEY
,
and
PIKE
SENA
TE
JOINT
RESOLUTION
A
Joint
Resolution
proposing
an
amendment
to
the
Constitution
1
of
the
State
of
Iowa
by
repealing
the
natural
resources
and
2
outdoor
recreation
trust
fund,
and
dedicating
a
portion
3
of
state
revenue
from
sales
and
use
taxes
imposed
for
the
4
benefit
of
property
tax
relief.
5
BE
IT
RESOLVED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
6
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Section
1.
The
following
amendment
to
the
Constitution
of
1
the
State
of
Iowa
is
proposed:
2
Section
10
of
Article
VII
of
the
Constitution
of
the
State
of
3
Iowa
is
repealed
January
1
immediately
following
ratification
4
and
the
following
adopted
in
lieu
thereof:
5
Sec.
10.
Property
tax
relief.
A
property
tax
relief
6
trust
fund
is
created
within
the
treasury
for
the
purposes
of
7
replacing
revenue
generated
from
the
foundation
property
tax
8
levy
or
any
other
succeeding
property
tax
levy
imposed
in
lieu
9
thereof
that
provides
funding
for
elementary
and
secondary
10
education
in
each
school
district
in
the
state.
Moneys
in
the
11
fund
shall
be
exclusively
appropriated
by
law
to
lower
the
12
foundation
property
tax
levy
rate
on
an
equal
basis
across
13
school
districts
or
similarly
lower
any
succeeding
property
14
tax
levy
rate.
The
amount
allocated
annually
from
the
trust
15
fund
shall
be
considered
property
taxes
and
shall
be
treated
16
as
if
received
from
the
foundation
property
tax
levy
or
any
17
succeeding
property
tax
levy
and
the
foundation
property
tax
18
levy
or
succeeding
property
tax
levy
rate
shall
be
reduced
19
accordingly.
20
No
revenue
shall
be
credited
to
the
fund
until
the
tax
rate
21
for
the
sales
and
use
tax
imposed
upon
the
retail
sales
price
22
of
tangible
personal
property,
specified
digital
products,
23
and
the
furnishing
of
enumerated
services
sold
or
used
in
24
this
state
in
effect
on
the
effective
date
of
this
section
is
25
increased.
After
such
an
increased
tax
rate
becomes
effective,
26
an
amount
equal
to
the
amount
generated
by
the
increase
in
27
the
tax
rate
shall
be
annually
credited
to
the
fund,
not
28
to
exceed
an
amount
equal
to
the
amount
generated
by
a
tax
29
rate
of
three-eighths
of
one
percent
imposed
upon
the
retail
30
sales
price
of
tangible
personal
property,
specified
digital
31
products,
and
the
furnishing
of
enumerated
services
sold
or
32
used
in
this
state.
33
Sec.
2.
REFERRAL
AND
PUBLICATION.
The
foregoing
proposed
34
amendment
to
the
Constitution
of
the
State
of
Iowa
is
referred
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to
the
general
assembly
to
be
chosen
at
the
next
general
1
election
for
members
of
the
general
assembly,
and
shall
be
2
published
as
provided
by
law
for
three
months
previous
to
the
3
date
of
that
election.
4
EXPLANATION
5
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
6
the
explanation’s
substance
by
the
members
of
the
general
assembly.
7
This
joint
resolution
proposes
an
amendment
to
the
8
Constitution
of
the
State
of
Iowa
by
repealing
the
natural
9
resources
and
outdoor
recreation
trust
fund,
and
dedicating
10
a
portion
of
state
revenue
from
sales
and
use
taxes
for
the
11
benefit
of
property
tax
relief.
12
The
resolution
creates
a
property
tax
relief
trust
fund
13
(fund)
within
the
treasury
for
the
purposes
of
replacing
14
revenue
generated
from
the
foundation
property
tax
levy
or
15
succeeding
property
tax
levy
imposed
in
lieu
thereof
that
16
provides
funding
for
elementary
and
secondary
education
in
17
each
school
district
in
the
state.
Moneys
in
the
fund
shall
18
be
exclusively
appropriated
by
law
to
lower
the
foundation
19
property
tax
levy
rate
on
an
equal
basis
across
school
20
districts
or
similarly
lower
any
succeeding
property
tax
levy
21
rate.
The
amount
allocated
annually
from
the
trust
fund
22
shall
be
considered
property
taxes
and
shall
be
treated
as
if
23
received
from
the
foundation
property
tax
levy.
24
The
funding
mechanisms
of
the
property
tax
relief
trust
fund
25
are
similar
to
the
natural
resources
outdoor
recreation
trust
26
fund.
27
No
revenue
shall
be
credited
to
the
fund
until
the
sales
28
and
use
tax
rate
imposed
is
increased
upon
the
sales
price
of
29
tangible
personal
property,
specified
digital
products,
and
30
the
furnishing
of
enumerated
services
sold
or
used
in
this
31
state
in
effect
on
the
effective
date
of
the
resolution.
After
32
an
increased
tax
rate
becomes
effective,
an
amount
equal
to
33
the
amount
generated
by
the
increase
in
the
tax
rate
shall
be
34
annually
credited
to
the
fund,
not
to
exceed
an
amount
equal
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S.J.R.
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to
the
amount
generated
by
a
tax
rate
of
three-eighths
of
1
one
percent
imposed
upon
the
retail
sales
price
of
tangible
2
personal
property,
specified
digital
products,
and
the
3
furnishing
of
enumerated
services
sold
or
used
in
this
state.
4
The
natural
resources
and
outdoor
recreation
trust
fund
5
repealed
by
the
resolution,
is
a
fund
established
for
the
6
purpose
of
protecting
and
enhancing
water
quality
and
natural
7
areas
in
this
state
including
parks,
trails,
and
fish
and
8
wildlife
habitat,
and
conserving
agricultural
soils
in
this
9
state.
10
The
resolution,
if
adopted,
would
be
published
and
then
11
referred
to
the
next
general
assembly
(92nd)
for
adoption,
12
before
being
submitted
to
the
electorate
for
ratification.
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