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House Journal: Page 1448: Tuesday, April 22, 1997

29   in section 15.354.
30     b.  For the fiscal year beginning July 1, 1998, and
31   ending June 30, 1999, seventy-five percent of the
32   receipts shall be deposited in the general fund of the
33   state and twenty-five percent of the receipts shall be
34   transferred to the department of economic development
35   to be deposited in the local housing assistance
36   program fund established in section 15.354.
37     c.  For the fiscal year beginning July 1, 1999, and
38   ending June 30, 2000, sixty-two and one-half percent
39   of the receipts shall be deposited in the general fund
40   of the state and thirty-seven and one-half percent of
41   the receipts shall be transferred to the department of
42   economic development to be deposited in the local
43   housing assistance program fund established in section
44   15.354.
45     d.  For the fiscal year beginning July 1, 2000, and
46   ending June 30, 2001, fifty percent of the receipts
47   shall be deposited in the general fund of the state
48   and fifty percent of the receipts shall be transferred
49   to the department of economic development to be
50   deposited in the local housing assistance program fund

Page 2  

 1   established in section 15.354.
 2     e.  For the fiscal year beginning July 1, 2001, and
 3   ending June 30, 2002, thirty-seven and one-half
 4   percent of the receipts shall be deposited in the
 5   general fund of the state and sixty-two and one-half
 6   percent of the receipts shall be transferred to the
 7   department of economic development to be deposited in
 8   the local housing assistance program fund established
 9   in section 15.354.
10     f.  For the fiscal year beginning July 1, 2002, and
11   ending June 30, 2003, twenty-five percent of the
12   receipts shall be deposited in the general fund of the
13   state and seventy-five percent of the receipts shall
14   be transferred to the department of economic
15   development to be deposited in the local housing
16   assistance program fund established in section 15.354.
17     g.  For the fiscal year beginning July 1, 2003, and
18   ending June 30, 2004, twelve and one-half percent of
19   the receipts shall be deposited in the general fund of
20   the state and eighty-seven and one-half percent of the
21   receipts shall be transferred to the department of
22   economic development to be deposited in the local
23   housing assistance program fund established in section
24   15.354.
25     h.  For the fiscal year beginning July 1, 2004, and
26   each subsequent fiscal year, one hundred percent of
27   the receipts shall be transferred to the department of
28   economic development to be deposited in the local

Iowa General Assembly

Index: House Journal (77th General Assembly: Session 1)

© 1997 Cornell College and League of Women Voters of Iowa

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