Text: HSB00563 Text: HSB00565 Text: HSB00500 - HSB00599 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 8.57, subsection 5, Code Supplement 1 2 1995, is amended by adding the following new paragraph: 1 3 NEW PARAGRAPH. e. Notwithstanding sections 99D.17 and 1 4 99F.11, not more than a total of sixty million dollars shall 1 5 be deposited in the general fund of the state in any fiscal 1 6 year pursuant to sections 99D.17 and 99F.11. The total moneys 1 7 in excess of sixty million dollars in a fiscal year shall be 1 8 deposited in the infrastructure fund and shall be used as 1 9 provided in this section, notwithstanding section 8.60. 1 10 Sec. 2. RETROACTIVITY AND EFFECTIVE DATE. This Act, being 1 11 deemed of immediate importance takes effect upon enactment and 1 12 applies retroactively to July 1, 1995. 1 13 EXPLANATION 1 14 This bill appropriates gambling revenues pursuant to 1 15 sections 99D.17 and 99F.11 in excess of $60 million to the 1 16 rebuild Iowa infrastructure fund. Section 99D.17 provides for 1 17 the use of funds generated from pari-mutuel wagering and 1 18 section 99F.11 provides for the allocation of funds generated 1 19 from gaming on excursion boats and at racetracks. This bill 1 20 is effective upon enactment and applies retroactively to July 1 21 1, 1995. 1 22 LSB 4262YC 76 1 23 js/jj/8
Text: HSB00563 Text: HSB00565 Text: HSB00500 - HSB00599 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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