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House Journal: Page 1866: Tuesday, April 21, 1998

40   1999.
41     Sec. 33.  By December 31 of each year, the ISCC
42   liquidation corporation shall submit an annual report
43   to the chairpersons and the ranking members of the
44   joint appropriations subcommittee on economic
45   development.  The report shall include an update on
46   the financial condition of the corporation relating to
47   the status of any moneys, assets, or contracts
48   currently being held by the corporation or transferred
49   by the corporation during the prior year.
50     Sec. 34.  NEW SECTION.  16.5A  NONPROFIT

Page 26

 1   CORPORATIONS.
 2     Any nonprofit corporation created by or in
 3   association with the Iowa finance authority since
 4   January 1, 1989, shall file a report by January 15 of
 5   each year with the chairpersons and ranking members of
 6   the appropriate appropriations subcommittees of the
 7   general assembly.  Any nonprofit corporation created
 8   by or in association with the authority since January
 9   1, 1989, shall adopt a written conflict of interests
10   policy.
11     Sec. 35.  NEW SECTION.  16.5B  HOUSING CORPORATION
12   BOARD.
13     The board of directors of the Iowa housing
14   corporation shall consist of seven voting members
15   serving staggered three-year terms.  One member of the
16   board of directors shall be a representative of the
17   home builders association of Iowa and one member of
18   the board of directors shall be a representative of
19   the Iowa bankers association.
20     Sec. 36.  FEDERAL GRANTS.  All federal grants to
21   and the federal receipts of agencies appropriated
22   funds under this Act, not otherwise appropriated, are
23   appropriated for the purposes set forth in the federal
24   grants or receipts unless otherwise provided by the
25   general assembly.
26     Sec. 37.  The Iowa finance authority and the Iowa
27   housing corporation shall consider restrictions on any
28   per diem provided to a member of the board of
29   directors serving both the authority and the Iowa
30   housing corporation on occasions when meetings of both
31   entities are held on the same day and in the same city
32   or metropolitan area.
33     Sec. 38.  Notwithstanding section 96.9, subsection
34   4, paragraph "a", moneys credited to the state by the
35   secretary of the treasury of the United States
36   pursuant to section 903 of the Social Security Act
37   shall be appropriated to the department of workforce
38   development and shall be used by the department for
39   the administration of the unemployment compensation

© 1998 Cornell College and League of Women Voters of Iowa

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Last update: Wed Apr 22 13:40:08 CDT 1998
URL: /DOCS/GA/77GA/Session.2/HJournal/01800/01866.html
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