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House Journal: Page 1619: Tuesday, April 18, 1995

30   to read as follows:
31     384.21  JOINT INVESTMENT OF FUNDS.
32     A city or a city utility board shall keep all funds
33   invested to the extent practicable and may invest the
34   funds jointly with one or more cities, utility boards,
35   judicial district departments of correctional
36   services, or counties, or rural water districts
37   created under chapter 357A pursuant to a joint
38   investment agreement.  All investments of funds shall
39   be subject to sections 12B.10 and 12B.10A and other
40   applicable law.
41     Sec. ___.  Section 905.6, subsection 4, Code 1995,
42   is amended to read as follows:
43     4.  Prepare all budgets and fiscal documents, and
44   certify for payment all expenses and payrolls lawfully
45   incurred by the district department.  The director may
46   invest funds which are not needed for current
47   expenses, jointly with one or more cities, city
48   utilities, or counties, or rural water districts
49   created under chapter 357A pursuant to a joint
50   investment agreement.  All investment of funds shall

Page 2  

 1   be subject to sections 12B.10 and 12B.10A and other
 2   applicable law."
 3     4.  Title page, line 1, by inserting after the
 4   word "procedures" the following:  "and the joint
 5   investment of funds".
 6     5.  By renumbering as necessary.
The motion prevailed and the House concurred in the Senate
amendment H-3835.
Arnold of Lucas moved that the bill, as amended by the Senate
and concurred in by the House, be read a last time now and
placed upon its passage which motion prevailed and the bill was
read a last time.
On the question "Shall the bill pass?" (H.F. 128)
The ayes were, 96:
Arnold         	Baker          	Bell           	Bernau  
Blodgett       	Boddicker      	Boggess        	Bradley 
Brand	Branstad       	Brauns         	Brunkhorst
Burnett        	Carroll        	Cataldo        	Cohoon 
Connors        	Coon                  	Cormack        	Cornelius 
Daggett        	Dinkla	Disney         	Doderer
Drake          	Drees          	Eddie	Fallon
Garman	Gipp           	Greig          	Greiner 
Gries          	Grundberg      	Hahn           	Halvorson
Hammitt        	Hanson         	Harper         	Harrison 
Heaton         	Holveck        	Houser         	Hurley

Iowa General Assembly

Index: House Journal (76th General Assembly: Session 1)

© 1995 Cornell College and League of Women Voters of Iowa

Comments? hjourn@legis.iowa.gov.

Last update: Sun Jan 14 21:05:02 CST 1996
URL: /DOCS/GA/76GA/Session.1/HJournal/01600/01619.html
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