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House Journal: Page 1493: Wednesday, April 23, 1997

Witt of Black Hawk offered the following amendment H-1877 filed
by Witt, Huseman, Thomas and Klemme from the floor and moved its
adoption:

H-1877

 1     Amend House File 733 as follows:
 2     1.  Page 17, by inserting after line 18 the
 3   following:
 4                                    "DIVISION ___
 5               BLUFFSLANDS PROTECTION PROGRAM
 6     Sec. ___.  NEW SECTION.  161A.80  BLUFFLANDS
 7   PROTECTION PROGRAM - REVOLVING FUND.
 8     1.  As used in this section, unless the context
 9   otherwise requires:
10     a.  "Bluffland" means a cliff, headland, or hill
11   with a broad steep face along the channel or
12   floodplain of a river and its tributaries.
13     b.  "Conservation organization" means a nonprofit
14   corporation incorporated in Iowa or an entity
15   organized and operated primarily to enhance and
16   protect natural resources in this state.
17     2.  A blufflands protection revolving fund is
18   created in the state treasury.  The revolving fund
19   shall consist of five hundred thousand dollars
20   appropriated from the rebuild Iowa infrastructure fund
21   each fiscal year for the fiscal period beginning July
22   1, 1997, and ending June 30, 2017, and any other
23   moneys obtained or retained for the fund.  The
24   proceeds of the revolving fund are appropriated to
25   make loans to conservation organizations which agree
26   to purchase conservation easements on blufflands along
27   the Mississippi river or to purchase blufflands along
28   the Mississippi river for resale with restrictive
29   covenants attached to the property.  The
30   administrative director of the division of soil
31   conservation shall administer the revolving fund.
32   Notwithstanding section 12C.7, interest or earnings on
33   investments made pursuant to this section or as
34   provided in section 12B.10 shall be credited to the
35   blufflands protection revolving fund.  Notwithstanding
36   section 8.33, unobligated or unencumbered funds
37   credited to the blufflands protection revolving fund
38   shall not revert at the close of a fiscal year.
39   However, the maximum balance in the blufflands
40   protection fund shall not exceed two million five
41   hundred thousand dollars.  Any funds in excess of two
42   million five hundred thousand dollars shall be
43   credited to the rebuild Iowa infrastructure fund.
44     3.  The administrative director of the division
45   shall establish a blufflands protection program to
46   demonstrate creative land protection techniques and

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