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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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Last update: Sun Jan 14 21:05:02 CST 1996
URL: /DOCS/GA/76GA/Session.1/HJournal/01200/01267.html
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