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House Journal: Page 1982: Tuesday, April 30, 1996

Page  23

 1   director's designee, and six members appointed by the
 2   governor to serve four-year terms beginning and ending
 3   as provided in section 69.19.  Of the governor's
 4   appointees, one member shall be from the medical
 5   profession and five members selected at large.  Not
 6   more than three of the members appointed by the
 7   governor shall be of the same gender.  The members
 8   shall be reimbursed for their actual expenditures
 9   necessitated by their official duties.  Members may
10   also be eligible for compensation as provided in
11   section 7E.6.
12     2.  The commission shall elect one of its members
13   as chairperson.  The commission shall meet at the time
14   and place specified by call of the chairperson.  Four
15   Five members are a quorum for the transaction of
16   business.
17     Sec. 22.  Section 257.31, subsection 16, Code 1995,
18   is amended to read as follows:
19     16.  The committee shall perform the duties
20   assigned to it under chapter 260D and section
sections
21   257.32 and 260C.18B.
22     Sec. 23.  Section 257B.1A, subsections 2 through 4,
23   if enacted by 1996 Iowa Acts, House File 570, are
24   amended to read as follows:
25     2.  For a transfer of moneys from the interest for
26   Iowa schools fund to the first in the nation in
27   education foundation, prior to July 1, October 1,
28   January 1, and March 1 of each year, the governing
29   board of the first in the nation in education
30   foundation established in section 257A.2 shall certify
31   to the treasurer of state the cumulative total value
32   of cash contributions received under section 257A.7
33   for deposit in the first in the nation in education
34   fund and for the use of the foundation.  The value of
35   in-kind contributions shall be based upon the fair
36   market value of the contribution determined for income
37   tax purposes.
38     The portion of the permanent school fund that is
39   equal to the cumulative total value of cash
40   contributions, less the portion of the permanent
41   school fund dedicated to the international center for
42   gifted and talented education, is dedicated to the
43   first in the nation in education foundation for that
44   year.  The interest earned on this dedicated amount
45   shall be transferred by the treasurer of state to the
46   credit of the first in the nation in education
47   foundation.
48     3.  a.  For a transfer of moneys from the interest
49   for Iowa schools fund to the international center
50   endowment fund established in section 263.8A, prior to

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