Text: SF02355 Text: SF02357 Text: SF02300 - SF02399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 SENATE FILE 2356 1 2 1 3 AN ACT 1 4 RELATING TO REVOLVING FUNDS TO BE ADMINISTERED BY THE DEPART- 1 5 MENT OF GENERAL SERVICES AND PROVIDING FOR FUNDING FOR THE 1 6 REVOLVING FUNDS. 1 7 1 8 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 1 9 1 10 Section 1. Section 18.12, subsection 8, paragraph a, Code 1 11 1997, is amended to read as follows: 1 12 a. The director may dispose of unfit or unnecessary 1 13 personal property by sale. Proceeds from the sale of personal 1 14 property shall be deposited in the general fund of the state. 1 15 However, in lieu of depositing in the general fund of the 1 16 state, the director may deposit the receipts from the sale of 1 17 personal property located on the state capitol complex, except 1 18 receipts from the sale of motor vehicles or printing 1 19 equipment, in the art restoration and preservation revolving 1 20 fund created in section 18.16B. 1 21 Sec. 2. NEW SECTION. 18.16A TELECOMMUNICATIONS AND 1 22 ELECTRIC CABLING REVOLVING FUND. 1 23 A telecommunications and electric cabling revolving fund is 1 24 created in the state treasury. The revolving fund shall be 1 25 administered by the department and shall consist of moneys 1 26 appropriated by the general assembly and any other moneys 1 27 obtained or accepted by the department for deposit in the 1 28 revolving fund. The proceeds of the revolving fund shall be 1 29 used by the department for purposes as may be necessary to 1 30 provide for appropriate telecommunications and electric 1 31 cabling, planning cabling layouts, and locating, relocating, 1 32 installing, or removing telecommunications and electric cable 1 33 including peripheral equipment on the state capitol complex. 1 34 The department shall submit an annual report not later than 1 35 January 31, to the members of the general assembly and the 2 1 legislative fiscal bureau, of the activities and expenditures 2 2 funded from the revolving fund during the preceding fiscal 2 3 year. Section 8.33 does not apply to any moneys in the 2 4 revolving fund and, notwithstanding section 12C.7, subsection 2 5 2, earnings or interest on moneys deposited in the revolving 2 6 fund shall be credited to the revolving fund. 2 7 Sec. 3. NEW SECTION. 18.16B ART RESTORATION AND 2 8 PRESERVATION REVOLVING FUND. 2 9 An art restoration and preservation revolving fund is 2 10 created in the state treasury. The revolving fund shall be 2 11 administered by the department and shall consist of any moneys 2 12 appropriated by the general assembly, the receipts from the 2 13 sale of certain personal property located on the state capitol 2 14 complex, and any other moneys obtained or accepted by the 2 15 department for deposit in the revolving fund. The proceeds of 2 16 the revolving fund shall be used as determined by the 2 17 department for the restoration, preservation, rehabilitation, 2 18 or enhancement of art and artifacts of historical or cultural 2 19 significance or artistic value located in public areas of the 2 20 state capitol building. The department shall submit an annual 2 21 report not later than January 31, to the members of the 2 22 general assembly and the legislative fiscal bureau, of the 2 23 activities and expenditures funded from the revolving fund 2 24 during the preceding fiscal year. Section 8.33 does not apply 2 25 to any moneys in the revolving fund and, notwithstanding 2 26 section 12C.7, subsection 2, earnings or interest on moneys 2 27 deposited in the revolving fund shall be credited to the 2 28 revolving fund. 2 29 2 30 2 31 2 32 MARY E. KRAMER 2 33 President of the Senate 2 34 2 35 3 1 3 2 RON J. CORBETT 3 3 Speaker of the House 3 4 3 5 I hereby certify that this bill originated in the Senate and 3 6 is known as Senate File 2356, Seventy-seventh General Assembly. 3 7 3 8 3 9 3 10 MARY PAT GUNDERSON 3 11 Secretary of the Senate 3 12 Approved , 1998 3 13 3 14 3 15 3 16 TERRY E. BRANSTAD 3 17 Governor
Text: SF02355 Text: SF02357 Text: SF02300 - SF02399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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