House
File
2433
-
Introduced
HOUSE
FILE
2433
BY
COMMITTEE
ON
LOCAL
GOVERNMENT
(SUCCESSOR
TO
HF
2216)
A
BILL
FOR
An
Act
relating
to
county
financing
of
certain
public
building
1
projects.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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H.F.
2433
Section
1.
Section
331.441,
subsection
2,
paragraph
b,
1
subparagraph
(5),
unnumbered
paragraph
1,
Code
2018,
is
amended
2
to
read
as
follows:
3
Public
buildings,
including
the
site
or
grounds
of,
and
the
4
erection,
equipment,
remodeling,
or
reconstruction
of,
and
5
additions
or
extensions
to
the
buildings,
and
including
the
6
provision
and
maintenance
of
juvenile
detention
or
shelter
care
7
facilities,
when
the
cost
principal
amount
of
the
bonds
does
8
not
exceed
the
following
limits:
9
Sec.
2.
Section
331.441,
subsection
2,
paragraph
c,
10
subparagraph
(9),
Code
2018,
is
amended
to
read
as
follows:
11
(9)
Public
buildings,
including
the
site
or
grounds
of,
12
the
erection,
equipment,
remodeling,
or
reconstruction
of,
and
13
additions
or
extensions
to
the
buildings,
and
including
the
14
provision
and
maintenance
of
juvenile
detention
or
shelter
care
15
facilities,
when
the
cost
principal
amount
of
the
bonds
exceeds
16
the
limits
stated
in
subsection
2
,
paragraph
“b”
,
subparagraph
17
(5).
18
EXPLANATION
19
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
20
the
explanation’s
substance
by
the
members
of
the
general
assembly.
21
If
a
county
proposes
to
carry
out
a
general
county
purpose
22
using
funds
from
the
issuance
of
general
obligation
bonds,
23
generally
the
issuance
of
such
bonds
must
first
be
approved
by
24
the
registered
voters
of
the
county.
Current
law
establishes
25
an
exception
by
providing
that
a
county,
in
lieu
of
calling
26
an
election,
may
institute
proceedings
for
the
issuance
of
27
bonds
for
a
general
county
purpose
by
notice
and
publication
28
of
the
proposal
to
issue
the
bonds
that
includes
a
notice
of
29
the
right
to
petition
for
an
election,
subject
to
cost
and
city
30
population
limitations.
However,
if
at
any
time
before
the
31
date
fixed
for
taking
action
for
the
issuance
of
the
bonds,
a
32
valid
petition
is
filed
with
the
county
auditor
asking
that
the
33
question
of
issuing
the
bonds
be
submitted
to
the
registered
34
voters
of
the
county,
the
board
of
supervisors
shall
either
by
35
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2
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2433
resolution
declare
the
proposal
to
issue
the
bonds
to
have
been
1
abandoned
or
shall
direct
the
county
commissioner
of
elections
2
to
call
a
special
election
upon
the
question
of
issuing
the
3
bonds.
4
This
bill
modifies
the
cost
limitations
for
each
of
the
5
population
categories
in
order
to
use
the
specified
bond
6
issuance
procedure
by
changing
the
amount
limitations
to
be
7
calculated
based
on
the
principal
amount
of
the
bonds
rather
8
than
the
cost
of
the
project.
9
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