Text: S05571 Text: S05573 Text: S05500 - S05599 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Amend House File 2498, as amended, passed, and
1 2 reprinted by the House, as follows:
1 3 #1. Page 20, by inserting after line 11 the
1 4 following:
1 5 "6. Of the full-time equivalent positions
1 6 authorized pursuant to this section, 1.00 FTE shall be
1 7 designated to administer the rebuild our cities and
1 8 counties program established pursuant to section
1 9 405A.11."
1 10 #2. Page 23, by inserting after line 16 the
1 11 following:
1 12 "Sec. ___. NEW SECTION. 405A.11 REBUILD OUR
1 13 CITIES AND COUNTIES PROGRAM.
1 14 1. A rebuild our cities and counties (ROCC) fund
1 15 is created in the state treasury. The director of
1 16 revenue and finance shall credit the rebuild our
1 17 cities and counties fund with the moneys appropriated
1 18 to the fund as provided in this section. For purposes
1 19 of this section, "revenues generated by the sales tax"
1 20 means the estimated revenue from the gross receipts
1 21 taxed by the state pursuant to chapter 422, division
1 22 IV, as estimated by the revenue estimating conference
1 23 pursuant to section 8.22A in December preceding the
1 24 fiscal year for which the appropriation provided for
1 25 in this subsection shall be made. The moneys credited
1 26 to the ROCC fund shall be apportioned on a per capita
1 27 basis with an equal share allocated to each person
1 28 residing in the state. The share of each person
1 29 residing in a city shall be paid to the treasurer of
1 30 that city. The share allocated to each person
1 31 residing outside the boundaries of a city shall be
1 32 paid to the county treasurer. The population of each
1 33 city shall be determined by the latest federal census.
1 34 The population of each county shall be determined by
1 35 the last federal census excluding the persons residing
1 36 within the boundaries of each city within the county.
1 37 There is appropriated from the general fund of the
1 38 state to the ROCC fund annually the following amounts
1 39 for the designated fiscal years:
1 40 a. For the fiscal year beginning July 1, 1999, an
1 41 amount equal to two percent of the revenues generated
1 42 by the sales tax.
1 43 b. For subsequent fiscal years beginning with July
1 44 1, 2000, the amount of appropriation shall increase an
1 45 additional two percent of the revenues generated by
1 46 the sales tax if the requirements of subsection 2 are
1 47 met. However, the amount appropriated for a fiscal
1 48 year shall not exceed a total of ten percent of the
1 49 revenues generated by the sales tax.
1 50 2. The additional two percent of revenues
2 1 generated by the sales tax, as specified in subsection
2 2 1, shall be appropriated in a fiscal year only if the
2 3 December revenue estimate for the general fund of the
2 4 state for the next succeeding fiscal year exceeds the
2 5 revenue estimate for the general fund of the state for
2 6 the previous fiscal year by at least four percent.
2 7 3. During the budgeting process for each city and
2 8 county, the governing body of the city or county shall
2 9 request public comment, at a public hearing, on the
2 10 expenditure of the moneys received from the rebuild
2 11 our cities and counties fund. After public comment,
2 12 the governing body shall specify the amount of funds
2 13 which will be used for tax relief, including how the
2 14 tax relief will be accomplished and the amount of
2 15 funds which will be appropriated for specific
2 16 programs."
2 17
2 18
2 19
2 20 ROD HALVORSON
2 21 HF 2498.526 77
2 22 tj/jw/28
Text: S05571 Text: S05573 Text: S05500 - S05599 Text: S Index Bills and Amendments: General Index Bill History: General Index
© 1998 Cornell College and League of Women Voters of Iowa
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