A bill for an act relating to open enrollment by requiring the payment of certain moneys received from the secure an advanced vision for education fund.

HF 407 requires Iowa school districts to transfer a portion of funding from the Secure an Advanced Vision for Education (SAVE) fund to receiving districts for students participating in open enrollment. Starting July 1, 2026, for each student enrolled in a district other than their home district, the home district must pay the receiving district an amount equal to the per-pupil SAVE funding the home district received the previous year. This redirected money must be used solely for statewide school infrastructure projects under Chapter 423F. The bill affects home and receiving school districts by changing how existing SAVE fund allocations are distributed for open enrollment students.