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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