Text: SSB01999 Text: SSB02001 Text: SSB02000 - SSB02099 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 315.3, subsection 3, Code 1997, is 1 2 amended to read as follows: 1 3 3. The state transportation commission may authorize the 1 4 temporary transfer of fundsbetween the department's share of1 5 from the RISE fundunder section 315.4 andto the primary road 1 6 fundin an amount not to exceed forty million dollars at one1 7time. Transferred funds shall be repaidnot later than July1 81, 1993to the RISE fund within three months of transfer. The 1 9 commission shall manage the RISE fund to ensure that funds 1 10 will be available to meet contract obligations on approved 1 11 RISE projects. 1 12 Sec. 2. EFFECTIVE DATE. This Act, being deemed of 1 13 immediate importance, takes effect upon enactment. 1 14 EXPLANATION 1 15 This bill authorizes the state transportation commission to 1 16 temporarily transfer moneys from the revitalize Iowa's sound 1 17 economy (RISE) fund to the primary road fund. Moneys must be 1 18 repaid to the RISE fund within three months of any transfer. 1 19 The commission must ensure that moneys will be available to 1 20 meet contract obligations on approved RISE projects. 1 21 The bill takes effect upon enactment. 1 22 LSB 3453SC 77 1 23 jm/sc/14
Text: SSB01999 Text: SSB02001 Text: SSB02000 - SSB02099 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
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