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House Amendment 5180

Amendment Text

PAG LIN
  1  1    Amend House File 2421 as follows:
  1  2    #1.  Page 5, line 6, by striking the words "rebuild
  1  3 Iowa" and inserting the following:  "Iowa vertical".
  1  4    #2.  Page 6, line 12, by striking the words
  1  5 "rebuild Iowa" and inserting the following:  "Iowa
  1  6 vertical".
  1  7    #3.  Page 6, line 15, by striking the words
  1  8 "rebuild Iowa" and inserting the following:  "Iowa
  1  9 vertical".
  1 10    #4.  Page 6, line 35, by striking the words
  1 11 "rebuild Iowa" and inserting the following:  "Iowa
  1 12 vertical".
  1 13    #5.  Page 7, line 9, by striking the words "rebuild
  1 14 Iowa" and inserting the following:  "Iowa vertical".
  1 15    #6.  Page 7, line 34, by striking the words
  1 16 "rebuild Iowa" and inserting the following:  "Iowa
  1 17 vertical".
  1 18    #7.  Page 8, line 20, by striking the words
  1 19 "rebuild Iowa" and inserting the following:  "Iowa
  1 20 vertical".
  1 21    #8.  Page 8, line 30, by striking the words
  1 22 "rebuild Iowa" and inserting the following:  "Iowa
  1 23 vertical".
  1 24    #9.  Page 8, line 33, by striking the words
  1 25 "rebuild Iowa" and inserting the following:  "Iowa
  1 26 vertical".
  1 27    #10.  Page 9, line 12, by striking the words
  1 28 "rebuild Iowa" and inserting the following:  "Iowa
  1 29 vertical".
  1 30    #11.  Page 9, line 22, by striking the words
  1 31 "rebuild Iowa" and inserting the following:  "Iowa
  1 32 vertical".
  1 33    #12.  Page 9, line 25, by striking the words
  1 34 "rebuild Iowa" and inserting the following:  "Iowa
  1 35 vertical".
  1 36    #13.  Page 10, line 1, by striking the words
  1 37 "rebuild Iowa" and inserting the following:  "Iowa
  1 38 vertical".
  1 39    #14.  Page 10, line 4, by striking the words
  1 40 "rebuild Iowa" and inserting the following:  "Iowa
  1 41 vertical".
  1 42    #15.  Page 11, line 6, by striking the words
  1 43 "rebuild Iowa" and inserting the following:  "Iowa
  1 44 vertical".
  1 45    #16.  Page 11, line 20, by striking the words
  1 46 "rebuild Iowa" and inserting the following:  "Iowa
  1 47 vertical".
  1 48    #17.  Page 11, line 23, by striking the words
  1 49 "rebuild Iowa" and inserting the following:  "Iowa
  1 50 vertical".
  2  1    #18.  Page 11, by inserting after line 31, the
  2  2 following:
  2  3    "Sec.    .  Section 8.55, subsection 4, Code
  2  4 Supplement 1995, is amended to read as follows:
  2  5    4.  Notwithstanding section 12C.7, subsection 2,
  2  6 interest or earnings on moneys deposited in the Iowa
  2  7 economic emergency fund shall be credited to the
  2  8 rebuild Iowa vertical infrastructure fund.
  2  9    Sec.    .  Section 8.56, subsection 1, Code
  2 10 Supplement 1995, is amended to read as follows:
  2 11    1.  A cash reserve fund is created in the state
  2 12 treasury.  The cash reserve fund shall be separate
  2 13 from the general fund of the state and shall not be
  2 14 considered part of the general fund of the state
  2 15 except in determining the cash position of the state
  2 16 as provided in subsection 3.  The moneys in the cash
  2 17 reserve fund are not subject to section 8.33 and shall
  2 18 not be transferred, used, obligated, appropriated, or
  2 19 otherwise encumbered except as provided in this
  2 20 section.  Notwithstanding section 12C.7, subsection 2,
  2 21 interest or earnings on moneys deposited in the cash
  2 22 reserve fund shall be credited to the rebuild Iowa
  2 23 vertical infrastructure fund created in section 8.57.
  2 24 Moneys in the cash reserve fund may be used for cash
  2 25 flow purposes provided that any moneys so allocated
  2 26 are returned to the cash reserve fund by the end of
  2 27 each fiscal year.  However, the fund shall be
  2 28 considered a special account for the purposes of
  2 29 section 8.53.
  2 30    Sec.    .  Section 8.57, subsection 5, paragraphs a
  2 31 and c, Code Supplement 1995, are amended to read as
  2 32 follows:
  2 33    a.  A rebuild An Iowa vertical infrastructure fund
  2 34 is created under the authority of the department of
  2 35 management.  The fund shall consist of appropriations
  2 36 made to the fund and transfers of interest, earnings,
  2 37 and moneys from other funds as provided by law.  The
  2 38 fund shall be separate from the general fund of the
  2 39 state and the balance in the fund shall not be
  2 40 considered part of the balance of the general fund of
  2 41 the state.  However, the fund shall be considered a
  2 42 special account for the purposes of section 8.53,
  2 43 relating to generally accepted accounting principles.
  2 44    c.  Moneys in the fund in a fiscal year shall be
  2 45 used as directed by the general assembly for public
  2 46 vertical infrastructure-related expenditures.
  2 47    Sec.    .  Section 8.58, Code Supplement 1995, is
  2 48 amended to read as follows:
  2 49    8.58  EXEMPTION FROM AUTOMATIC APPLICATION.
  2 50    To the extent that moneys appropriated under
  3  1 section 8.57 do not result in moneys being credited to
  3  2 the general fund under section 8.55, subsection 2,
  3  3 moneys appropriated under section 8.57 and moneys
  3  4 contained in the cash reserve fund, rebuild Iowa
  3  5 vertical infrastructure fund, and Iowa economic
  3  6 emergency fund shall not be considered in the
  3  7 application of any formula, index, or other statutory
  3  8 triggering mechanism which would affect
  3  9 appropriations, payments, or taxation rates, contrary
  3 10 provisions of the Code notwithstanding.
  3 11    To the extent that moneys appropriated under
  3 12 section 8.57 do not result in moneys being credited to
  3 13 the general fund under section 8.55, subsection 2,
  3 14 moneys appropriated under section 8.57 and moneys
  3 15 contained in the cash reserve fund, rebuild Iowa
  3 16 vertical infrastructure fund, and Iowa economic
  3 17 emergency fund shall not be considered by an
  3 18 arbitrator or in negotiations under chapter 20."
  3 19    #19.  Page 16, line 20, by striking the words
  3 20 "rebuild Iowa" and inserting the following:  "Iowa
  3 21 vertical".
  3 22    #20.  Title page, line 5, by striking the words
  3 23 "rebuild Iowa" and inserting the following:  "Iowa
  3 24 vertical".
  3 25    #21.  By renumbering as necessary.  
  3 26 
  3 27 
  3 28                              
  3 29 KOENIGS of Mitchell
  3 30 
  3 31 
  3 32                              
  3 33 MORELAND of Wapello
  3 34 HF 2421.205 76
  3 35 js/jj
     

Text: H05179                            Text: H05181
Text: H05100 - H05199                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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