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eligible for deposit in the general fund of the state. However, the
target identified by this paragraph shall not be construed to require
more than one percent of the adjusted revenue estimate for the general
fund of the state to be set aside for these purposes in any one fiscal
year.
Moneys in the cash reserve may be appropriated by the General
Assembly only for use in the fiscal year in which the appropriation is
made. The moneys shall only be appropriated in a bill or joint
resolution in which the appropriation is the only subject matter of the
bill or joint resolution and which contains a statement of the reasons
why the appropriation is necessary. In addition, moneys shall not be
appropriated from the cash reserve such that the balance in the cash
reserve would be less than three percent of the adjusted revenue
estimate for the fiscal year in which the appropriation is made unless
the bill or joint resolution making the appropriation is approved by a
vote of at least three-fifths of the members of each chamber of the
General Assembly and approved by the Governor.
This section applies to fiscal years commencing on or after July 1,
1999.
Sec. 2. The foregoing proposed amendment to the Constitution of
the State of Iowa is referred to the General Assembly to be chosen at
the next general election for members of the General Assembly and the
Secretary of State is directed to cause it to be published for three
consecutive months previous to the date of that election as provided by
law.
On the question Shall the resolution be adopted? (S.J.R. 1) the
vote was:
Yeas, 46:
Banks Bartz Bennett Bisignano
Black Boettger Borlaug Boswell
Dearden Deluhery Douglas Drake
Dvorsky Fink Flynn Fraise
Freeman Gettings Giannetto Gronstal
Halvorson Hammond Hansen Hedge
Horn Husak Jensen Judge
Kibbie Lind Lundby Maddox
McKean McLaren Murphy Neuhauser
Palmer Priebe Redfern Rensink
Rittmer Sorensen Szymoniak Tinsman
Vilsack Zieman
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© 1995 Cornell College and League of Women Voters of Iowa
Comments? sjourn@legis.iowa.gov.
Last update: Sun Jan 14 23:40:00 CST 1996
URL: /DOCS/GA/76GA/Session.1/SJournal/00100/00144.html
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