Text: HF02114 Text: HF02116 Text: HF02100 - HF02199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 35A.8, subsection 4, Code Supplement
1 2 1999, is amended by adding the following new paragraph:
1 3 NEW PARAGRAPH. f. A merchant marine bonus fund is created
1 4 in the state treasury. The merchant marine bonus fund shall
1 5 consist of all moneys appropriated to the fund to pay the
1 6 bonus compensation authorized in this subsection.
1 7 Notwithstanding section 12C.7, interest or earnings on
1 8 investments or time deposits of the moneys in the merchant
1 9 marine bonus fund shall be credited to the merchant marine
1 10 bonus fund. Section 8.33 does not apply to moneys
1 11 appropriated to the merchant marine bonus fund.
1 12 Sec. 2. MERCHANT MARINE BONUS APPROPRIATION. There is
1 13 appropriated from the general fund of the state to the
1 14 merchant marine bonus fund for the fiscal year beginning July
1 15 1, 2000, and ending June 30, 2001, the following amount, or so
1 16 much thereof as is necessary, to be used for the purpose
1 17 designated:
1 18 For the payment of a compensation bonus to World War II
1 19 merchant marine veterans as provided in section 35A.8:
1 20 .................................................. $ 150,000
1 21 EXPLANATION
1 22 This bill creates a merchant marine bonus fund in the state
1 23 treasury, the proceeds of which are to be used to pay bonus
1 24 compensation to World War II oceangoing merchant marine
1 25 veterans. The merchant marine bonus program was created last
1 26 year in 1999 Iowa Acts, chapter 180, section 5.
1 27 The bill also appropriates $150,000 from the general fund
1 28 of the state to the merchant marine bonus fund to pay the
1 29 bonus compensation.
1 30 LSB 6045HH 78
1 31 tj/cf/24
Text: HF02114 Text: HF02116 Text: HF02100 - HF02199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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