Text: H02050                            Text: H02052
Text: H02000 - H02099                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index



House Amendment 2051

Amendment Text

PAG LIN
  1  1    Amend House File 698, as passed by the House, as
  1  2 follows:
  1  3    #1.  Page 1, line 3, by striking the figure "1."
  1  4    #2.  Page 1, line 7, by striking the words "review
  1  5 power purchase contracts" and inserting the following:
  1  6 "perform required functions, including but not limited
  1  7 to, review of power purchase contracts, review of
  1  8 emission plans and budgets, and review of ratemaking
  1  9 principles proposed for construction or lease of a new
  1 10 generating facility".
  1 11    #3.  Page 1, line 13, by striking the word
  1 12 "subsection" and inserting the word "section".
  1 13    #4.  Page 1, by striking lines 16 through 27.
  1 14    #5.  Page 1, by inserting before line 28, the
  1 15 following:
  1 16    "Sec.    .  WORKFORCE ATTRITION PROGRAM AND FUND.
  1 17    1.  For the fiscal year beginning July 1, 2001, and
  1 18 ending June 30, 2002, the department of management
  1 19 shall establish a workforce attrition program.  The
  1 20 department shall administer the program as necessary
  1 21 to achieve the goal of eliminating full-time
  1 22 equivalent positions in the executive branch of state
  1 23 government that approximate the number of executive
  1 24 branch employees who voluntarily retire during the
  1 25 fiscal year.
  1 26    2.  a.  The department shall establish a workforce
  1 27 attrition fund to receive transfers of moneys from
  1 28 executive branch agencies and departments representing
  1 29 unused general fund wages and benefits, after payment
  1 30 for vacation or sick leave benefits, of employees who
  1 31 retire during the fiscal year.
  1 32    b.  Unless an exception is authorized in accordance
  1 33 with paragraph "c", if an employee of an executive
  1 34 branch department or agency voluntarily retires during
  1 35 the fiscal year, the department or agency shall
  1 36 transfer to the workforce attrition fund the remaining
  1 37 amount of general fund salary and benefits, after
  1 38 payment for vacation or sick leave benefits, that
  1 39 would have been expended had the retired employee
  1 40 remained on the payroll for the balance of the fiscal
  1 41 year.  In lieu of reporting in accordance with section
  1 42 8.39, the department of management shall report
  1 43 monthly to the legislative fiscal committee and the
  1 44 legislative fiscal bureau concerning the transfers
  1 45 made to the workforce attrition fund.
  1 46    c.  The department or agency table of organization
  1 47 shall be revised to reflect the elimination of an
  1 48 equivalent number of positions as retire in the
  1 49 department or agency during the fiscal year.  However,
  1 50 if the department determines that eliminating a full-
  2  1 time equivalent position would severely impact the
  2  2 department's or agency's mission or services, the
  2  3 department or agency may appeal to the department of
  2  4 management for an exception.  If the department of
  2  5 management concurs with the department's or agency's
  2  6 determination, the exception shall be granted, the
  2  7 transfer to the workforce attrition fund shall not be
  2  8 made, and the table of organization shall not be
  2  9 revised.
  2 10    3.  Moneys transferred to the workforce attrition
  2 11 fund are not subject to further transfer under section
  2 12 8.39 or any other provision of law and shall not be
  2 13 encumbered or obligated unless appropriated.  The
  2 14 moneys in the workforce attrition fund at the close of
  2 15 the fiscal year beginning July 1, 2001, shall be
  2 16 transferred to the general fund of the state and the
  2 17 program and fund shall be eliminated."
  2 18    #6.  Page 1, by inserting before line 28 the
  2 19 following:
  2 20    "Sec.    .  Section 12.72, subsection 4, Code 2001,
  2 21 is amended by striking the subsection and inserting in
  2 22 lieu thereof the following:
  2 23    4.  a.  The treasurer of state may create and
  2 24 establish one or more special funds, to be known as
  2 25 "bond reserve funds", to secure one or more issues of
  2 26 bonds or notes issued pursuant to section 12.71.  The
  2 27 treasurer of state shall pay into each bond reserve
  2 28 fund any moneys appropriated and made available by the
  2 29 state or the treasurer for the purpose of the fund,
  2 30 any proceeds of sale of notes or bonds to the extent
  2 31 provided in the resolutions authorizing their
  2 32 issuance, and any other moneys which may be available
  2 33 to the treasurer for the purpose of the fund from any
  2 34 other sources.  All moneys held in a bond reserve
  2 35 fund, except as otherwise provided in this chapter,
  2 36 shall be used as required solely for the payment of
  2 37 the principal of bonds secured in whole or in part by
  2 38 the fund or of the sinking fund payments with respect
  2 39 to the bonds, the purchase or redemption of the bonds,
  2 40 the payment of interest on the bonds, or the payments
  2 41 of any redemption premium required to be paid when the
  2 42 bonds are redeemed prior to maturity.
  2 43    b.  Moneys in a bond reserve fund shall not be
  2 44 withdrawn from it at any time in an amount that will
  2 45 reduce the amount of the fund to less than the bond
  2 46 reserve fund requirement established for the fund, as
  2 47 provided in this subsection, except for the purpose of
  2 48 making, with respect to bonds secured in whole or in
  2 49 part by the fund, payment when due of principal,
  2 50 interest, redemption premiums, and the sinking fund
  3  1 payments with respect to the bonds for the payment of
  3  2 which other moneys of the treasurer are not available.
  3  3 Any income or interest earned by, or incremental to, a
  3  4 bond reserve fund due to the investment of it may be
  3  5 transferred by the treasurer to other funds or
  3  6 accounts to the extent the transfer does not reduce
  3  7 the amount of that bond reserve fund below the bond
  3  8 reserve fund requirement for it.
  3  9    c.  The treasurer of state shall not at any time
  3 10 issue bonds, secured in whole or in part by a bond
  3 11 reserve fund if, upon the issuance of the bonds, the
  3 12 amount in the bond reserve fund will be less than the
  3 13 bond reserve fund requirement for the fund, unless the
  3 14 treasurer at the time of issuance of the bonds
  3 15 deposits in the fund from the proceeds of the bonds
  3 16 issued or from other sources an amount which, together
  3 17 with the amount then in the fund will not be less than
  3 18 the bond reserve fund requirement for the fund.  For
  3 19 the purposes of this subsection, the term "bond
  3 20 reserve fund requirement" means, as of any particular
  3 21 date of computation, an amount of money, as provided
  3 22 in the resolutions authorizing the bonds with respect
  3 23 to which the fund is established.
  3 24    d.  To assure the continued solvency of any bonds
  3 25 secured by the bond reserve fund, provision is made in
  3 26 paragraph "a" for the accumulation in each bond
  3 27 reserve fund of an amount equal to the bond reserve
  3 28 fund requirement for the fund.  In order further to
  3 29 assure maintenance of the bond reserve funds, the
  3 30 treasurer shall, on or before January 1 of each
  3 31 calendar year, make and deliver to the governor the
  3 32 treasurer's certificate stating the sum, if any,
  3 33 required to restore each bond reserve fund to the bond
  3 34 reserve fund requirement for that fund.  Within thirty
  3 35 days after the beginning of the session of the general
  3 36 assembly next following the delivery of the
  3 37 certificate, the governor shall submit to both houses
  3 38 printed copies of a budget including the sum, if any,
  3 39 required to restore each bond reserve fund to the bond
  3 40 reserve fund requirement for that fund.  Any sums
  3 41 appropriated by the general assembly and paid to the
  3 42 treasurer pursuant to this subsection shall be
  3 43 deposited by the authority in the applicable bond
  3 44 reserve fund.
  3 45    Sec.    .  Section 12.82, subsection 4, Code 2001,
  3 46 is amended by striking the subsection and inserting in
  3 47 lieu thereof the following:
  3 48    4.  a.  The treasurer of state may create and
  3 49 establish one or more special funds, to be known as
  3 50 "bond reserve funds", to secure one or more issues of
  4  1 bonds or notes issued pursuant to section 12.81.  The
  4  2 treasurer of state shall pay into each bond reserve
  4  3 fund any moneys appropriated and made available by the
  4  4 state or the treasurer for the purpose of the fund,
  4  5 any proceeds of sale of notes or bonds to the extent
  4  6 provided in the resolutions authorizing their
  4  7 issuance, and any other moneys which may be available
  4  8 to the treasurer for the purpose of the fund from any
  4  9 other sources.  All moneys held in a bond reserve
  4 10 fund, except as otherwise provided in this chapter,
  4 11 shall be used as required solely for the payment of
  4 12 the principal of bonds secured in whole or in part by
  4 13 the fund or of the sinking fund payments with respect
  4 14 to the bonds, the purchase or redemption of the bonds,
  4 15 the payment of interest on the bonds, or the payments
  4 16 of any redemption premium required to be paid when the
  4 17 bonds are redeemed prior to maturity.
  4 18    b.  Moneys in a bond reserve fund shall not be
  4 19 withdrawn from it at any time in an amount that will
  4 20 reduce the amount of the fund to less than the bond
  4 21 reserve fund requirement established for the fund, as
  4 22 provided in this subsection, except for the purpose of
  4 23 making, with respect to bonds secured in whole or in
  4 24 part by the fund, payment when due of principal,
  4 25 interest, redemption premiums, and the sinking fund
  4 26 payments with respect to the bonds for the payment of
  4 27 which other moneys of the treasurer are not available.
  4 28 Any income or interest earned by, or incremental to, a
  4 29 bond reserve fund due to the investment of it may be
  4 30 transferred by the treasurer to other funds or
  4 31 accounts to the extent the transfer does not reduce
  4 32 the amount of that bond reserve fund below the bond
  4 33 reserve fund requirement for it.
  4 34    c.  The treasurer of state shall not at any time
  4 35 issue bonds, secured in whole or in part by a bond
  4 36 reserve fund if, upon the issuance of the bonds, the
  4 37 amount in the bond reserve fund will be less than the
  4 38 bond reserve fund requirement for the fund, unless the
  4 39 treasurer at the time of issuance of the bonds
  4 40 deposits in the fund from the proceeds of the bonds
  4 41 issued or from other sources an amount which, together
  4 42 with the amount then in the fund will not be less than
  4 43 the bond reserve fund requirement for the fund.  For
  4 44 the purposes of this subsection, the term "bond
  4 45 reserve fund requirement" means, as of any particular
  4 46 date of computation, an amount of money, as provided
  4 47 in the resolutions authorizing the bonds with respect
  4 48 to which the fund is established.
  4 49    d.  To assure the continued solvency of any bonds
  4 50 secured by the bond reserve fund, provision is made in
  5  1 paragraph "a" for the accumulation in each bond
  5  2 reserve fund of an amount equal to the bond reserve
  5  3 fund requirement for the fund.  In order further to
  5  4 assure maintenance of the bond reserve funds, the
  5  5 treasurer shall, on or before January 1 of each
  5  6 calendar year, make and deliver to the governor the
  5  7 treasurer's certificate stating the sum, if any,
  5  8 required to restore each bond reserve fund to the bond
  5  9 reserve fund requirement for that fund.  Within thirty
  5 10 days after the beginning of the session of the general
  5 11 assembly next following the delivery of the
  5 12 certificate, the governor shall submit to both houses
  5 13 printed copies of a budget including the sum, if any,
  5 14 required to restore each bond reserve fund to the bond
  5 15 reserve fund requirement for that fund.  Any sums
  5 16 appropriated by the general assembly and paid to the
  5 17 treasurer pursuant to this subsection shall be
  5 18 deposited by the authority in the applicable bond
  5 19 reserve fund."
  5 20    #7.  Page 1, by inserting before line 28, the
  5 21 following:
  5 22    "Sec.    .  1998 Iowa Acts, chapter 1219, section
  5 23 6, subsection 6, is amended by adding the following
  5 24 new paragraphs:
  5 25    NEW PARAGRAPH.  a.  The department of general
  5 26 services is authorized pursuant to section 18.12,
  5 27 subsection 12, to dispose of the real property located
  5 28 at the northwest corner of the intersection of Grand
  5 29 and Pennsylvania avenues on which the parking
  5 30 structure is to be located and any structures located
  5 31 on such real property.  The department may enter into
  5 32 an agreement under chapter 28E with public and private
  5 33 agencies for purposes of the planning, design,
  5 34 construction, ownership, operation, or maintenance of
  5 35 the parking structure.  In conjunction with the
  5 36 chapter 28E agreement, the department is authorized to
  5 37 enter into a long-term lease agreement for office
  5 38 space located on property adjacent to the property on
  5 39 which the parking structure is to be located.
  5 40    NEW PARAGRAPH.  b.  The department may obligate and
  5 41 use moneys appropriated in this subsection as
  5 42 consideration to acquire on behalf of the state an
  5 43 interest in the completed parking structure and real
  5 44 property on which the parking structure is located
  5 45 pursuant to the terms of the chapter 28E agreement
  5 46 described in paragraph "a".  Notwithstanding anything
  5 47 to the contrary in section 18.12, subsection 12,
  5 48 moneys expended from the appropriation in this
  5 49 subsection that are reimbursed to the department by a
  5 50 party to the chapter 28E agreement shall be credited
  6  1 to the appropriation in this subsection and shall be
  6  2 used to acquire an interest on behalf of the state in
  6  3 the completed parking structure and real property as
  6  4 described in this paragraph.
  6  5    NEW PARAGRAPH.  c.  Notwithstanding section 8.33 or
  6  6 any provision of this section to the contrary,
  6  7 unencumbered or unobligated funds remaining on June
  6  8 30, 2003, from the funds appropriated in this
  6  9 subsection, shall revert to the rebuild Iowa
  6 10 infrastructure fund on August 31, 2003.
  6 11    Sec.    .  1999 Iowa Acts, chapter 204, section 4,
  6 12 subsection 6, is amended by adding the following new
  6 13 paragraphs after the last unnumbered paragraph:
  6 14    NEW PARAGRAPH.  a.  The department of general
  6 15 services is authorized pursuant to section 18.12,
  6 16 subsection 12, to dispose of the real property located
  6 17 at the northwest corner of the intersection of Grand
  6 18 and Pennsylvania avenues on which the parking
  6 19 structure is to be located and any structures located
  6 20 on such real property.  The department may enter into
  6 21 an agreement under chapter 28E with public and private
  6 22 agencies for purposes of the planning, design,
  6 23 construction, ownership, operation, or maintenance of
  6 24 the parking structure.  In conjunction with the
  6 25 chapter 28E agreement, the department is authorized to
  6 26 enter into a long-term lease agreement for office
  6 27 space located on property adjacent to the property on
  6 28 which the parking structure is to be located.
  6 29    NEW PARAGRAPH.  b.  The department may obligate and
  6 30 use moneys appropriated in this subsection as
  6 31 consideration to acquire on behalf of the state an
  6 32 interest in the completed parking structure and real
  6 33 property on which the parking structure is located
  6 34 pursuant to the terms of the chapter 28E agreement
  6 35 described in paragraph "a".  Notwithstanding anything
  6 36 to the contrary in section 18.12, subsection 12,
  6 37 moneys expended from the appropriation in this
  6 38 subsection that are reimbursed to the department by a
  6 39 party to the chapter 28E agreement shall be credited
  6 40 to the appropriation in this subsection and shall be
  6 41 used to acquire an interest on behalf of the state in
  6 42 the completed parking structure and real property as
  6 43 described in this paragraph.
  6 44    NEW PARAGRAPH.  c.  Notwithstanding section 8.33,
  6 45 or any provision of this Act to the contrary,
  6 46 unencumbered or unobligated funds remaining on June
  6 47 30, 2003, from the funds appropriated in this
  6 48 subsection, shall revert to the rebuild Iowa
  6 49 infrastructure fund on August 31, 2003."
  6 50    #8.  Page 1, by inserting before line 28, the
  7  1 following:
  7  2    "Sec.    .  EFFECTIVE AND APPLICABILITY DATES.
  7  3 This Act, being deemed of immediate importance, takes
  7  4 effect upon enactment and, if approved by the governor
  7  5 after July 1, 2001, shall apply retroactively to July
  7  6 1, 2001."
  7  7    #9.  Title page, by striking lines 1 through 3 and
  7  8 inserting the following:  "An Act relating to
  7  9 regulatory and expenditure matters, making
  7 10 appropriations, and including effective date and
  7 11 retroactive applicability provisions."
  7 12    #10.  By renumbering as necessary.  
  7 13 HF 698S
  7 14 jp/cc/26
     

Text: H02050                            Text: H02052
Text: H02000 - H02099                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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