SSB 1129 (LSB 1203XD (2) 88)

SENATE/HOUSE FILE _____

BY  (PROPOSED DEPARTMENT OF ADMINISTRATIVE SERVICES BILL)

A BILL FOR

An Act relating to appropriations from the rebuild Iowa infrastructure fund to the department of administrative services for major maintenance of monuments.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  2016 Iowa Acts, chapter 1133, section 2, is amended to read as follows:
   SEC. 2.  REVERSION.
   1.  For Except as provided in subsection 2, for purposes of section 8.33, unless specifically provided otherwise, unencumbered or unobligated moneys made from an appropriation in this division of this Act shall not revert but shall remain available for expenditure for the purposes designated until the close of the fiscal year that ends three years after the end of the fiscal year for which the appropriation is made. However, if the project or projects for which such appropriation was made are completed in an earlier fiscal year, unencumbered or unobligated moneys shall revert at the close of that same fiscal year.
   2.  For purposes of section 8.33, unless specifically provided otherwise, unencumbered or unobligated moneys appropriated and allocated for the costs of major maintenance of monuments without dedicated funds available for maintenance and restoration, in section 1, subsection 1, in this division of this Act, shall not revert but shall remain available for the purpose designated until the close of the fiscal year that begins July 1, 2023.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill makes a change to the reversion provision applicable to moneys appropriated from the rebuild Iowa infrastructure fund for FY 2016-2017 to the department of administrative services and allocated for the costs of major maintenance of monuments without dedicated funds available for maintenance and restoration. The bill extends the date for when unencumbered or unobligated moneys appropriated and allocated for major maintenance of such monuments reverts until the close of the fiscal year beginning July 1, 2023.