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House Journal: Page 1134: Friday, March 31, 1995

 7   emergency account shall be maintained by the state and
 8   moneys in the economic emergency account shall be
 9   separate from the general fund of the state and shall
10   not be considered part of the general fund of the
11   state except in determining the cash position of the
12   state.  Moneys in the economic emergency account may
13   be used for cash flow purposes provided that any
14   moneys so allocated during a fiscal year are returned
15   to the cash reserve by the end of that fiscal year.
16   The amount of moneys to be maintained in the economic
17   emergency account shall be five percent of the
18   adjusted revenue estimate for the general fund of the
19   state for that fiscal year.
20     Moneys in the economic emergency account may be
21   appropriated by the General Assembly only for use in
22   the fiscal year in which the appropriation is made.
23   The moneys shall only be appropriated in a bill or
24   joint resolution in which the appropriation is the
25   only subject matter of the bill or joint resolution
26   and which contains a statement of the reasons why the
27   appropriation is necessary.  In addition, moneys shall
28   not be appropriated from the economic emergency
29   account unless the bill or joint resolution making the
30   appropriation is approved by vote of at least three-
31   fifths of the members of each house of the General
32   Assembly and approved by the Governor.
33     This section applies to fiscal years commencing on
34   or after July 1, 1999."
35     2.  Title page, by striking lines 2 through 6, and
36   inserting the following:  "the State of Iowa
37   establishing a cash reserve fund separate from the
38   general fund of the state fund and providing for the
39   amendment's application."
Amendment H-3247 lost.
Shoultz of Black Hawk asked and received unanimous consent to
withdraw amendment H-3252 filed by him on March 7, 1995.
Connors of Polk asked and received unanimous consent to defer
action on amendment H-3270.
Moreland of Wapello offered the following amendment H-3266 filed
by him and moved its adoption:
H-3266
 1     Amend House Joint Resolution 14 as follows:
 2     1.  Page 6, by inserting before line 9 the
 3   following:
 4     "9.  It is the intent of the General Assembly that
 5   this declaration of intent be placed on the ballot
 6   containing the question of ratification of this
 7   proposed amendment to the Constitution."

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