Text: HSB00245 Text: HSB00247 Text: HSB00200 - HSB00299 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. NEW SECTION. 314.28 KEEP IOWA BEAUTIFUL FUND.
1 2 A keep Iowa beautiful fund is created in the office of the
1 3 treasurer of state. The fund is composed of moneys
1 4 appropriated or available to and obtained or accepted by the
1 5 treasurer of state for deposit in the fund. The fund shall
1 6 include moneys credited to the fund as provided in section
1 7 422.12A. All interest earned on moneys in the fund shall be
1 8 credited to and remain in the fund. Section 8.33 does not
1 9 apply to moneys in the fund.
1 10 Moneys in the fund are subject to appropriation by the
1 11 general assembly annually for the purposes of educating and
1 12 encouraging Iowans to take greater responsibility for
1 13 improving their community environment and enhancing the beauty
1 14 of the state through litter prevention, improving waste
1 15 management and recycling efforts, and beautification projects.
1 16 The department may authorize payment of moneys appropriated
1 17 from the fund to the department upon approval of an
1 18 application from a private or public organization. The
1 19 applicant shall submit a plan for litter prevention, improving
1 20 waste management and recycling efforts, or a beautification
1 21 project along with its application. The department shall
1 22 establish standards relating to the type of projects available
1 23 for assistance.
1 24 Sec. 2. NEW SECTION. 422.12A INCOME TAX REFUND CHECKOFF
1 25 FOR KEEP IOWA BEAUTIFUL FUND.
1 26 1. A person who files an individual or a joint income tax
1 27 return with the department of revenue and finance under
1 28 section 422.13 may designate one dollar or more to be paid to
1 29 the keep Iowa beautiful fund as created in section 314.28. If
1 30 the refund due on the return or the payment remitted with the
1 31 return is insufficient to pay the additional amount designated
1 32 by the taxpayer to the keep Iowa beautiful fund, the amount
1 33 designated shall be reduced to the remaining amount of refund
1 34 or the remaining amount remitted with the return. The
1 35 designation of a contribution to the keep Iowa beautiful fund
2 1 under this section is irrevocable.
2 2 2. The director of revenue and finance shall draft the
2 3 income tax form to allow the designation of contributions to
2 4 the keep Iowa beautiful fund on the tax return. The
2 5 department of revenue and finance, on or before January 31,
2 6 shall certify the total amount designated on the tax return
2 7 forms due in the preceding calendar year and shall report the
2 8 amount to the treasurer of state. The treasurer of state
2 9 shall credit the amount to the keep Iowa beautiful fund.
2 10 However, before a checkoff pursuant to this section shall be
2 11 permitted, all liabilities on the books of the department of
2 12 revenue and finance and accounts identified as owing under
2 13 section 421.17 and the political contribution allowed under
2 14 section 56.18 shall be satisfied.
2 15 3. Moneys in the fund are subject to appropriation as
2 16 provided in section 314.28.
2 17 4. The department of revenue and finance shall adopt rules
2 18 to administer this section.
2 19 5. This section is subject to repeal under section
2 20 422.12E.
2 21 Sec. 3. RETROACTIVE APPLICABILITY. This Act applies
2 22 retroactively to January 1, 2001, for tax years beginning on
2 23 or after that date.
2 24 EXPLANATION
2 25 This bill provides that taxpayers filing individual income
2 26 tax returns will be allowed to designate $1 or more on the
2 27 return to be paid to the keep Iowa beautiful fund. The bill
2 28 requires the department of revenue and finance to annually
2 29 remit moneys collected from the checkoff to the keep Iowa
2 30 beautiful fund created in the office of the treasurer of
2 31 state. Moneys in the fund are subject to appropriation by the
2 32 general assembly annually for the purpose of awarding
2 33 financial assistance to an applicant who submits a plan for
2 34 litter prevention, improving waste management and recycling
2 35 efforts, or a beautification project along with its
3 1 application.
3 2 The bill provides that the keep Iowa beautiful checkoff is
3 3 subject to the limitation on the number of checkoffs allowed
3 4 on the Iowa individual income tax return and, for that reason,
3 5 is subject to repeal.
3 6 The bill applies retroactively to January 1, 2001, for tax
3 7 years beginning on or after that date.
3 8 LSB 3269HC 79
3 9 sc/cls/14
Text: HSB00245 Text: HSB00247 Text: HSB00200 - HSB00299 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
© 2001 Cornell College and League of Women Voters of Iowa
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