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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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© 1995 Cornell College and League of Women Voters of Iowa
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Last update: Sun Jan 14 21:05:02 CST 1996
URL: /DOCS/GA/76GA/Session.1/HJournal/01100/01134.html
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