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House Journal: Page 1267: Wednesday, April 5, 1995

 6     NEW SUBSECTION.  9.  Administer and distribute
 7   moneys credited to the Iowa education transportation
 8   enhancement fund established pursuant to section
 9   285.8A.
10     Sec. ___.  NEW SECTION.  285.8A  IOWA EDUCATION
11   TRANSPORTATION ENHANCEMENT FUND.
12     1.  An Iowa education transportation enhancement
13   fund is created in the office of the treasurer of
14   state.  The fund consists of all revenues and all
15   other moneys lawfully credited or transferred to the
16   fund.  However, moneys credited to the road use tax
17   fund created by chapter 312 or collected pursuant to
18   section 423.7 shall not be deposited in the fund
19   created by this section.  The department shall certify
20   monthly the portions of the fund that are distributed
21   as provided by this section.
22     2.  The department shall establish a procedure for
23   the distribution of moneys in the fund to local school
24   boards to be used for the purpose of providing
25   transportation for pupils.
26     3.  The auditor of state or a certified public
27   accountant firm appointed by the auditor of state
28   shall conduct annual audits of all accounts and
29   transactions of the fund.
30     4.  Notwithstanding section 12C.7, interest or
31   earnings on investments or time deposits of the moneys
32   in the Iowa education transportation enhancement fund
33   or any of its accounts shall be credited to the Iowa
34   education transportation enhancement fund.
35     5.  Section 8.33 does not apply to moneys
36   appropriated under this section."
37     2.  Page 8, line 30, by inserting after the word
38   "plates" the following:  "with a silver or bronze star
39   processed emblem".
40     3.  Page 8, by inserting after line 32 the
41   following:
42     "NEW SUBSECTION.  28.  EDUCATION SPECIAL PLATES.
43     a.  Upon application and payment of the proper
44   fees, the director may issue to an owner referred to
45   in subsection 18, special registration plates with an
46   education processed emblem.  The processed emblem
47   shall be designed by the department in cooperation
48   with the department of education which design shall
49   include on the plate a depiction of a school building
50   and a flag.

Page 2  

 1     b.  The special school transportation fee for the
 2   education special plates is thirty-five dollars and
 3   the annual special school transportation fee is ten
 4   dollars.  The fees assessed pursuant to this paragraph
 5   are in addition to the fees for special registration
 6   plates with a processed emblem as provided by

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