Text: H09104 Text: H09106 Text: H09100 - H09199 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate Joint Resolution 2004, as passed by 1 2 the Senate, as follows: 1 3 #1. Page 1, by inserting after line 33 the 1 4 following: 1 5 "d. The first sixty million dollars of gambling 1 6 revenues received by the state in each fiscal year 1 7 shall be credited to the general fund of the state. 1 8 All such revenues in excess of sixty million dollars 1 9 shall be credited to the rebuild Iowa infrastructure 1 10 fund." 1 11 #2. Page 3, by inserting after line 11 the 1 12 following: 1 13 "___. A rebuild Iowa infrastructure fund is 1 14 created. The fund shall consist of excess gambling 1 15 revenues as provided in section 1, paragraph "d", 1 16 interest and earnings on any surplus moneys, and any 1 17 appropriations made to the fund. The fund shall be 1 18 separate from the general fund of the state and the 1 19 balance in the fund shall not be considered part of 1 20 the balance of the general fund of the state. 1 21 Moneys in the infrastructure fund shall not revert 1 22 to any other fund. Interest or earnings on moneys in 1 23 the infrastructure fund shall be credited to the 1 24 infrastructure fund. 1 25 Moneys in the fund in a fiscal year shall be used 1 26 as directed by the General Assembly for public 1 27 vertical infrastructure projects. For the purposes of 1 28 this section, "vertical infrastructure" includes only 1 29 land acquisition and construction, major renovation 1 30 and major repair of buildings, all appurtenant 1 31 structures, utilities, site development, and 1 32 recreational trails. "Vertical infrastructure" does 1 33 not include routine, recurring maintenance or 1 34 operational expenses or leasing of a building, 1 35 appurtenant structure, or utility without a lease- 1 36 purchase agreement." 1 37 1 38 1 39 1 40 WARNSTADT of Woodbury 1 41 SJR 2004.317 77 1 42 mg/cf/28
Text: H09104 Text: H09106 Text: H09100 - H09199 Text: H Index Bills and Amendments: General Index Bill History: General Index
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