Text: HSB00546                          Text: HSB00548
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House Study Bill 547

Bill Text

PAG LIN
  1  1    Section 1.  There is appropriated from those funds
  1  2 designated within the energy conservation trust created in
  1  3 section 473.11, for disbursement pursuant to section 473.11,
  1  4 to the following named agencies for the fiscal year beginning
  1  5 July 1, 1998, and ending June 30, 1999, the following amounts,
  1  6 or so much thereof as is necessary, to be used for the
  1  7 purposes designated:
  1  8    1.  To the division of community action agencies of the
  1  9 department of human rights for qualifying energy conservation
  1 10 programs for low-income persons, including but not limited to
  1 11 energy weatherization projects, which target the highest
  1 12 energy users, and including administrative costs:
  1 13    a.  To be expended first from the office of hearings and
  1 14 appeals second-stage settlement (OHA) fund and then the
  1 15 Warner/Imperial and Stripper Well funds:  
  1 16 .................................................. $    400,000
  1 17    b.  To be expended from the Diamond Shamrock fund:  
  1 18 .................................................. $    300,000
  1 19    2.  To the department of natural resources for the
  1 20 following purposes:
  1 21    a.  For the state energy program, from the Exxon fund:  
  1 22 .................................................. $    115,000
  1 23    b.  For administration of petroleum overcharge programs
  1 24 from the Stripper Well fund, not to exceed the following
  1 25 amount:  
  1 26 .................................................. $    200,000
  1 27    3.  To the state department of transportation for deposit
  1 28 into the intermodal revolving loan fund established in the
  1 29 department from funds previously advanced to and repaid by the
  1 30 department from the Exxon fund:  
  1 31 .................................................. $    725,000
  1 32    The intermodal revolving loan fund shall remain in
  1 33 existence until June 30, 2019.
  1 34    Notwithstanding section 8.33, the unencumbered or
  1 35 unobligated moneys remaining at the end of any fiscal year
  2  1 from the appropriations made in subsections 1, 2, and 3 shall
  2  2 not revert but shall be available for expenditure during
  2  3 subsequent fiscal years until expended for the purposes for
  2  4 which originally appropriated.
  2  5    Sec. 2.  Section 473.11, Code 1997, is amended by adding
  2  6 the following new subsection:
  2  7    NEW SUBSECTION.  7.  On June 30, 2003, the energy fund
  2  8 disbursement council established in subsection 3 shall be
  2  9 dissolved.  At that time, the department of natural resources
  2 10 shall be responsible for the disbursement of any funds either
  2 11 received or remaining in the energy conservation trust.  These
  2 12 disbursements shall be for projects and programs consistent
  2 13 with the allowable uses for the energy conservation trust.
  2 14 Also, at that time, and annually thereafter, the state
  2 15 department of transportation shall report to the department of
  2 16 natural resources on the status of the intermodal revolving
  2 17 loan fund established in the department.  In the fiscal year
  2 18 beginning July 1, 2019, the department of natural resources
  2 19 shall assume responsibility for funds remaining in the
  2 20 intermodal revolving loan fund and disburse them for energy
  2 21 conservation projects and programs consistent with the
  2 22 allowable uses for the energy conservation trust.
  2 23    Sec. 3.  1993 Iowa Acts, chapter 11, section 3, is
  2 24 repealed.  
  2 25                           EXPLANATION
  2 26    The bill provides for the appropriation from oil overcharge
  2 27 funds for the 1998-1999 fiscal year to the departments of
  2 28 human rights, natural resources, and transportation for energy
  2 29 conservation programs and provides for the dissolution of the
  2 30 energy fund disbursement council and the intermodal revolving
  2 31 loan fund.  The bill also eliminates the repeal of the energy
  2 32 conservation trust.  
  2 33 LSB 3129XG 77
  2 34 mg/jw/5.2
     

Text: HSB00546                          Text: HSB00548
Text: HSB00500 - HSB00599               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index

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