Text: HF02074 Text: HF02076 Text: HF02000 - HF02099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 HOUSE FILE 2075
1 2
1 3 AN ACT
1 4 RELATING TO THE REPAYMENT OF MONEYS APPROPRIATED FROM THE
1 5 ENDOWMENT FOR IOWA'S HEALTH ACCOUNT OF THE TOBACCO
1 6 SETTLEMENT TRUST FUND AND FROM THE SENIOR LIVING TRUST FUND.
1 7
1 8 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 9
1 10 Section 1. Section 8.55, subsection 2, Code Supplement
1 11 2001, is amended to read as follows:
1 12 2. a. The maximum balance of the fund is the amount equal
1 13 to five percent of the adjusted revenue estimate for the
1 14 fiscal year. If the amount of moneys in the Iowa economic
1 15 emergency fund is equal to the maximum balance, moneys in
1 16 excess of this amount shall be transferred to the general
1 17 fund.
1 18 b. Notwithstanding paragraph "a", any moneys in excess of
1 19 the maximum balance in the economic emergency fund after the
1 20 distribution of the surplus in the general fund of the state
1 21 at the conclusion of the fiscal year beginning July 1, 2002,
1 22 and subsequent fiscal years, shall not be transferred to the
1 23 general fund of the state but shall be transferred to the
1 24 endowment for Iowa's health account of the tobacco settlement
1 25 trust fund. The amount transferred under this paragraph shall
1 26 not exceed the difference between forty million dollars and
1 27 the total amount transferred to the endowment for Iowa's
1 28 health account pursuant to 2001 Iowa Acts, chapter 177,
1 29 section 2, as amended by 2001 Iowa Acts, chapter 187, section
1 30 28, and previous fiscal years.
1 31 c. Notwithstanding paragraph "a", any moneys in excess of
1 32 the maximum balance in the economic emergency fund after the
1 33 distribution of the surplus in the general fund of the state
1 34 at the conclusion of each fiscal year and after the
1 35 appropriate amount has been transferred pursuant to paragraph
2 1 "b", shall not be transferred to the general fund of the state
2 2 but shall be transferred to the senior living trust fund. The
2 3 total amount transferred, in the aggregate, under this
2 4 paragraph for all fiscal years shall not exceed thirty-five
2 5 million five hundred thousand dollars.
2 6 d. Notwithstanding paragraph "a", any moneys in excess of
2 7 the maximum balance in the economic emergency fund after the
2 8 distribution of the surplus in the general fund of the state
2 9 at the conclusion of each fiscal year and after the
2 10 appropriate amount have been transferred pursuant to
2 11 paragraphs "b" and "c" shall not be transferred to the general
2 12 fund of the state but shall be transferred to the endowment
2 13 for Iowa's health account of the tobacco settlement trust
2 14 fund. The total amount transferred, in the aggregate, under
2 15 this paragraph for all fiscal years shall not exceed the
2 16 difference between fifty-one million five hundred thousand
2 17 dollars and the amounts transferred to the endowment for
2 18 Iowa's health account to repay the amounts transferred or
2 19 appropriated from the endowment for Iowa's health account in
2 20 2002 Iowa Acts, House File 2245, 2002 Iowa Acts, Senate File
2 21 2304, and 2002 Iowa Acts, Senate File 2315.
2 22
2 23
2 24
2 25 BRENT SIEGRIST
2 26 Speaker of the House
2 27
2 28
2 29
2 30 MARY E. KRAMER
2 31 President of the Senate
2 32
2 33 I hereby certify that this bill originated in the House and
2 34 is known as House File 2075, Seventy-ninth General Assembly.
2 35
3 1
3 2
3 3 MARGARET THOMSON
3 4 Chief Clerk of the House
3 5 Approved , 2002
3 6
3 7
3 8
3 9 THOMAS J. VILSACK
3 10 Governor
Text: HF02074 Text: HF02076 Text: HF02000 - HF02099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
© 2002 Cornell College and League of Women Voters of Iowa
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