Text: S05509                            Text: S05511
Text: S05500 - S05599                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index



Senate Amendment 5510

Amendment Text

PAG LIN
  1  1    Amend the amendment, S-5380, to Senate File 2395,
  1  2 as amended, passed, and reprinted by the Senate, as
  1  3 follows:
  1  4    #1.  Page 1, line 40, by striking the word and
  1  5 figure "through 6" and inserting the following:
  1  6 "through 8".
  1  7    #2.  Page 2, by line 1, by striking the word
  1  8 "this"" and inserting the following:  "this subsection
  1  9 shall be deposited in the operations revolving fund
  1 10 created in section 14B.102A.  It is the intent of the
  1 11 general assembly that the"".
  1 12    #3.  Page 2, by inserting after line 3 the
  1 13 following:
  1 14    "SEC.    .  NEW SECTION.  14B.102A  OPERATIONS
  1 15 REVOLVING FUND.
  1 16    An operations revolving fund is created in the
  1 17 state treasury.  The operations revolving fund shall
  1 18 be administered by the department and shall consist of
  1 19 moneys collected by the department as fees, moneys
  1 20 appropriated by the general assembly, and any other
  1 21 moneys obtained or accepted by the department for
  1 22 deposit in the revolving fund.  The proceeds of the
  1 23 revolving fund are appropriated to and shall be used
  1 24 by the department for the operations of the department
  1 25 consistent with this chapter.  The department shall
  1 26 submit an annual report not later than January 31, to
  1 27 the members of the general assembly and the
  1 28 legislative fiscal bureau, of the activities funded by
  1 29 and expenditures made from the revolving fund during
  1 30 the preceding fiscal year.  Section 8.33 does not
  1 31 apply to any moneys in the revolving fund and,
  1 32 notwithstanding section 12C.7, subsection 2, earnings
  1 33 or interest on moneys deposited in the revolving fund
  1 34 shall be credited to the revolving fund."
  1 35    #4.  By renumbering as necessary.  
  1 36 
  1 37 
  1 38                               
  1 39 PATRICK J. DELUHERY
  1 40 SF 2395.709 78
  1 41 mj/cls
     

Text: S05509                            Text: S05511
Text: S05500 - S05599                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

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