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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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Last update: Sun Jan 14 23:40:00 CST 1996
URL: /DOCS/GA/76GA/Session.1/SJournal/00100/00144.html
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