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House Journal: Page 1851: Tuesday, April 25, 1995

23   and finance shall be deducted monthly from the state
24   foundation aid paid under section 257.16 to all school
25   districts in the state during the remainder of that
26   subsequent fiscal year to all school districts in
the
27   state.  The portion of the total amount of the
28   approved claims that shall be deducted from the state
29   aid of a school district shall be the same as the
30   ratio that the budget enrollment for the budget year
31   of the school district bears to the total budget
32   enrollment in the state for the budget year in which
33   the deduction is made.  The department of revenue and
34   finance shall transfer the total amount of the
35   approved claims from moneys appropriated under section
36   257.16 for payment to the school district."
37     6.  Page 4, by inserting after line 28 the
38   following:
39     "Sec. ___.  1994 Iowa Acts, chapter 1193, sections
40   2, 4, and 35, are repealed.
41     Sec. ___.  SPECIAL FUNDS -- SPECIAL AUTHORIZATION
42   FOR GAAP SALARY ACCRUAL.  The department of management
43   may authorize supplemental expenditures for the fiscal
44   year beginning July 1, 1994, in amounts necessary to
45   accrue salaries in accordance with generally accepted
46   accounting principles, for those departmental
47   revolving, trust, or special funds which are not part
48   of the general fund of the state and for which the
49   general assembly has established an operating budget."
50     7.  Page 4, by striking lines 29 through 31 and

Page   4

 1   inserting the following:
 2     "Sec. ___.  EFFECTIVE DATE.  Section 6 of this
 3   division of this Act, amending section 260D.12, takes
 4   effect July 1, 1995, and the remainder of the
 5   division, being deemed of immediate importance, takes
 6   effect upon enactment."
 7     8.  By striking page 4, line 32 through page 6,
 8   line 18.
 9     9.  Page 6, by inserting after line 20 the
10   following:
11     "Sec. ___.  Section 8.55, subsection 2, Code 1995,
12   is amended to read as follows:
13     2.  The maximum balance of the fund is the amount
14   equal to five percent of the adjusted revenue estimate
15   for the fiscal year.  If the amount of moneys in the
16   Iowa economic emergency fund is equal to the maximum
17   balance, moneys in excess of this amount shall be
18   transferred to the general rebuild Iowa
infrastructure
19   fund created in section 8.57."
20     10.  Page 6, lines 26 and 27 by striking the words
21   "or other nonrecurring".
22     11.  Page 6, line 30, by inserting after the word
23   "obligations." the following:  "An appropriation shall

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/01800/01851.html
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