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Page 23 1 to chapter 201 shall also be deposited in the fund. 2 Moneys depositedunder this section tointo the 3generalfund from fees collected pursuant to this 4 chapter shall be used only by the department for the 5 purpose of inspection, sampling, analysis, 6 preparation, and publishing of reports and other 7 expenses necessary for administration of this chapter 8 and chapter 201. The secretary may assign moneys to 9 the Iowa agricultural experiment station for research, 10 work projects, and investigations as needed for the 11 specific purpose of improving the regulatory functions 12 for enforcement of this chapter. 13 2. If there is an unencumbered balance of moneys 14 deposited in the fund from fees collected pursuant to 15 this chapter on June 30 of any fiscal year equal to or 16 exceeding three hundred fifty thousand dollars, the 17 secretary of agriculture shall reduce the per ton fee 18 provided for in subsection 1 and the annual license 19 fee established pursuant to section 201.3 for the next 20 fiscal year in such amount as will result in an ending 21 estimated balance of such funds for June 30 of the 22 next fiscal year of three hundred fifty thousand 23 dollars. 24 3. All moneys in the fund are subject to audit by 25 the auditor of state. The fund is subject at all 26 times to warrants by the director of revenue and 27 finance, drawn upon written requisition of the 28 secretary. Notwithstanding section 8.33, moneys in 29 the fertilizer fund shall remain in the fertilizer 30 fund and shall not revert to the general fund of the 31 state. Notwithstanding section 12C.7, subsection 2, 32 interest or earnings on moneys deposited in the 33 fertilizer fund shall be credited to the fertilizer 34 fund. 35 Sec. 49. Section 201.13, Code 1995, is amended to 36 read as follows: 37 201.13 MONEYS TOGENERALTHE FERTILIZER FUND -- 38 PERIODIC REPORT. 39 The moneys received under this chapter shall be 40 deposited in thegeneral fund of the state and shall41be subject to the requirements of section 8.60.42Moneys deposited under this section shall be used by43the department of agriculture and land stewardship44only for the purpose of inspection, sampling,45analyzing, preparing and publishing of reports, and46other expenses necessary for the administration of47this chapterfertilizer fund as provided in section 48 200.9. The secretary shall issue an annual report 49 showing a statement of moneys received from license 50 and testing fees, and a biennial report which shall be
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