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IA SSB1241

SB

Status

Introduced

5/14/2025

Primary Sponsor

Appropriations

Click for details

Origin

Senate

91st General Assembly

AI Summary

  • Limits standing appropriations for FY 2025-2026, including capping nonpublic school pupil transportation claims at $8,997,091, reducing instructional support state aid to zero, and cutting school district and area education agency funding by $25 million

  • Directs $21,881,303 from excess Iowa Economic Emergency Fund transfers to be used for foundation aid payments in FY 2025-2026 based on assessment limitation calculations from 2023 property tax reform

  • Authorizes the Department of Management to fund salary adjustments from unappropriated moneys in special funds including the commerce revolving fund, gaming enforcement fund, primary road fund, fish and game protection fund, and other departmental revolving or trust funds

  • Removes trade name specifications (COMP 360) for crystalline polymorph psilocybin, allowing automatic rescheduling of any FDA-approved formulation upon federal recommendation and approval

  • Amends the "resident of Iowa" definition for medical residency and fellowship position requirements, changing the residency determination point from application date to when the individual begins classes or residency at University of Iowa institutions

Legislative Description

A bill for an act relating to state government and finances, including by making, modifying, limiting, or reducing appropriations, distributions, or transfers, authorizing expenditure of unappropriated moneys in special funds, providing for properly related matters including crystalline polymorph psilocybin and medical residency and fellowship positions, making corrections, and including effective date and retroactive applicability provisions.(See SF 659.)

Last Action

Committee report approving bill, renumbered as SF 659.

5/14/2025

Committee Referrals

Appropriations5/14/2025

Full Bill Text

No bill text available