Text: HF00175 Text: HF00177 Text: HF00100 - HF00199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 8.57, Code 2001, is amended by adding
1 2 the following new subsection:
1 3 NEW SUBSECTION. 6. a. A volunteer fire fighters and
1 4 emergency responders fund is created under the authority of
1 5 the department of management. The fund shall consist of
1 6 appropriations made to the fund and transfers of interest,
1 7 earnings, and moneys from other funds as provided by law. The
1 8 fund shall be separate from the general fund of the state and
1 9 the balance in the fund shall not be considered part of the
1 10 balance of the general fund of the state. However, the fund
1 11 shall be considered a special account for the purposes of
1 12 section 8.53, relating to generally accepted accounting
1 13 principles.
1 14 b. Moneys in the volunteer fire fighters and emergency
1 15 responders fund are not subject to section 8.33.
1 16 Notwithstanding section 12C.7, subsection 2, interest or
1 17 earnings on moneys in the fund shall be credited to the fund.
1 18 c. Moneys in the volunteer fire fighters and emergency
1 19 responders fund in a fiscal year shall be used for all of the
1 20 following:
1 21 (1) To provide pensions for qualified volunteer fire
1 22 fighters and volunteer emergency response personnel.
1 23 (2) To offset the costs of an income tax credit or
1 24 deduction for volunteer fire fighters and volunteer emergency
1 25 response personnel.
1 26 (3) To provide training and equipment to local volunteer
1 27 fire departments and volunteer emergency responders.
1 28 The state fire service and emergency response council shall
1 29 prepare a plan for expenditure of the moneys deposited in the
1 30 fund. Moneys in the fund are subject to appropriation by the
1 31 general assembly.
1 32 d. For the fiscal year beginning July 1, 2002, and for
1 33 each fiscal year thereafter, not more than the amount of
1 34 premium tax receipts collected pursuant to section 432.1,
1 35 subsection 2, in the fiscal year beginning July 1, 2001, shall
2 1 be deposited in the general fund of the state. The total
2 2 premium tax receipt moneys in excess of the moneys deposited
2 3 in the general fund of the state in a fiscal year shall be
2 4 deposited in the volunteer fire fighters and emergency
2 5 responders fund and shall be used as provided in this
2 6 subsection.
2 7 Sec. 2. Section 8.58, Code 2001, is amended to read as
2 8 follows:
2 9 8.58 EXEMPTION FROM AUTOMATIC APPLICATION.
2 10 To the extent that moneys appropriated under section 8.57
2 11 do not result in moneys being credited to the general fund
2 12 under section 8.55, subsection 2, moneys appropriated under
2 13 section 8.57 and moneys contained in the cash reserve fund,
2 14 rebuild Iowa infrastructure fund, environment first fund,
2 15 volunteer fire fighters and emergency responders fund, and
2 16 Iowa economic emergency fund shall not be considered in the
2 17 application of any formula, index, or other statutory
2 18 triggering mechanism which would affect appropriations,
2 19 payments, or taxation rates, contrary provisions of the Code
2 20 notwithstanding.
2 21 To the extent that moneys appropriated under section 8.57
2 22 do not result in moneys being credited to the general fund
2 23 under section 8.55, subsection 2, moneys appropriated under
2 24 section 8.57 and moneys contained in the cash reserve fund,
2 25 rebuild Iowa infrastructure fund, environment first fund,
2 26 volunteer fire fighters and emergency responders fund, and
2 27 Iowa economic emergency fund shall not be considered by an
2 28 arbitrator or in negotiations under chapter 20.
2 29 Sec. 3. Section 100B.2, Code 2001, is amended by adding
2 30 the following new subsection:
2 31 NEW SUBSECTION. 9. Prepare a plan for expenditure of
2 32 moneys from the volunteer fire fighter and emergency
2 33 responders fund created in section 8.57.
2 34 EXPLANATION
2 35 This bill creates a volunteer fire fighters and emergency
3 1 responders fund. The bill provides that, beginning with the
3 2 fiscal year beginning July 1, 2002, deposits into the fund
3 3 will be collected from premium tax receipts on insurance
3 4 policies, other than life insurance policies, in excess of the
3 5 revenues collected for that tax in the fiscal year beginning
3 6 July 1, 2001.
3 7 Moneys in the fund are subject to appropriation by the
3 8 general assembly and are to be used for establishing a pension
3 9 system for volunteer fire fighters and emergency response
3 10 personnel, offsetting an income tax credit or deduction for
3 11 volunteer fire fighters and emergency response personnel, and
3 12 providing training and equipment to local volunteer fire
3 13 departments and volunteer emergency responders. The fire
3 14 service and emergency response council in the department of
3 15 public safety is responsible for developing a plan for
3 16 expenditure of moneys in the fund.
3 17 LSB 1353YH 79
3 18 sc/cls/14
Text: HF00175 Text: HF00177 Text: HF00100 - HF00199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
© 2001 Cornell College and League of Women Voters of Iowa
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