Text: HF00738 Text: HF00740 Text: HF00700 - HF00799 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 HOUSE FILE 739 1 2 1 3 AN ACT 1 4 RELATING TO THE APPLICATION OF SALES AND SERVICES TAX RECEIPTS 1 5 BY A POLITICAL SUBDIVISION TO THE PAYMENT OF PRINCIPAL AND 1 6 INTEREST OF CERTAIN BONDS. 1 7 1 8 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 1 9 1 10 Section 1. Section 76.4, Code 2001, is amended to read as 1 11 follows: 1 12 76.4 PERMISSIVE APPLICATION OF FUNDS. 1 13 Whenever the governing authority of such political 1 14 subdivision shall have on hand funds derived from any other 1 15 source than taxation which may be appropriated to the payment 1 16 either of interest or principal, or both principal and 1 17 interest of such bonds, such funds may be so appropriated and 1 18 used and the levy for the payment of the bonds correspondingly 1 19 reduced. This section shall not restrict the authority of a 1 20 political subdivision to apply sales and services tax receipts 1 21 collected pursuant to chapter 422B for such purpose. 1 22 Notwithstanding section 422E.1, subsection 3, a school 1 23 district may apply local sales and services tax receipts 1 24 collected pursuant to chapter 422E for the purposes of this 1 25 section. 1 26 1 27 1 28 1 29 BRENT SIEGRIST 1 30 Speaker of the House 1 31 1 32 1 33 1 34 MARY E. KRAMER 1 35 President of the Senate 2 1 2 2 I hereby certify that this bill originated in the House and 2 3 is known as House File 739, Seventy-ninth General Assembly. 2 4 2 5 2 6 2 7 MARGARET THOMSON 2 8 Chief Clerk of the House 2 9 Approved , 2001 2 10 2 11 2 12 2 13 THOMAS J. VILSACK 2 14 Governor
Text: HF00738 Text: HF00740 Text: HF00700 - HF00799 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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