Text: HSB00264 Text: HSB00266 Text: HSB00200 - HSB00299 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 2.47A, subsection 1, paragraph c, Code 1 2 2001, is amended by striking the paragraph. 1 3 Sec. 2. Section 8.6, subsection 14, Code 2001, is amended 1 4 by striking the subsection. 1 5 Sec. 3. Section 8.6, subsection 15, Code 2001 is amended 1 6 to read as follows: 1 7 15. CAPITAL PROJECT PLANNING AND BUDGETING AUTHORITY. To 1 8 call upon any state agency, as defined in section 8.3A, for 1 9 assistance the director may require in performing the 1 10 director's duties undersubsectionssubsection 13and 14. All 1 11 state agencies, upon the request of the director, shall assist 1 12 the director and are authorized to make available to the 1 13 director any existing studies, surveys, plans, data, and other 1 14 materials in the possession of the state agencies which are 1 15 relevant to the director's duties. 1 16 Sec. 4. Section 8.21, unnumbered paragraph 2, Code 2001, 1 17 is amended to read as follows: 1 18 If the governor is required to use a lesser amount in the 1 19 budget process because of a later meeting of the state revenue 1 20 estimating conference under section 8.22A, subsection 3, the 1 21 governor shall transmit recommendations for abalancedbudget 1 22meeting thisin conformance with that requirement within 1 23 fourteen days of the later meeting of the state revenue 1 24 estimating conference. 1 25 Sec. 5. Section 8.22A, subsection 5, Code 2001, is amended 1 26 to read as follows: 1 27 5. At the meeting in which the conference agrees to the 1 28 revenue estimate for the succeeding fiscal year in accordance 1 29 with the provisions of subsection 3, the conference shall also 1 30 agree to the followingestimateestimates which shall be used 1 31 by the governorand the general assemblyin preparation of the 1 32 budget message under section 8.22 and the general assembly in 1 33 the budget process for the succeeding fiscal year: 1 34 a. The amount of lottery revenues for the following fiscal 1 35 year to be available for disbursement following the deductions 2 1 made pursuant to section 99E.10, subsection 1. 2 2 b. The amount of revenue for the following fiscal year 2 3 from gambling revenues and from interest earned on the cash 2 4 reserve fund and the economic emergency fund to be deposited 2 5 in the rebuild Iowa infrastructure fund under section 8.57, 2 6 subsection 5, paragraph "e". 2 7 c. The amount of accruals of those revenues collected by 2 8 or due from entities other than the state on or before June 30 2 9 of the fiscal year but not remitted to the state until after 2 10 June 30. 2 11 d. The amount of accrued lottery revenues collected on or 2 12 before June 30 of the fiscal year but not transferred to the 2 13 general fund of the state until after June 30. 2 14 Sec. 6. Section 8.25, Code 2001, is amended to read as 2 15 follows: 2 16 8.25 TENTATIVE BUDGET. 2 17 Upon the receipt of the estimates of expenditure 2 18 requirements called for by section 8.23and the preparation of2 19the estimates of income called for by section 8.24and not 2 20 later than the following December 1,next succeeding,the 2 21 director of the department of management, hereinabove provided2 22for,shall cause to be prepared a tentative budget conforming 2 23 as to scope, contents and character to the requirements of 2 24 section 8.22 and containing the estimates of expendituresand2 25revenueas called for bysectionssection 8.23and 8.24, which 2 26 tentative budget shall be transmitted to the governor. 2 27 Sec. 7. Section 8.29, unnumbered paragraphs 1, 2, and 3, 2 28 Code 2001, are amended by striking the unnumbered paragraphs. 2 29 Sec. 8. Section 8.35A, subsection 1, Code 2001, is amended 2 30 to read as follows: 2 31 1. By July 1, the director of the department of 2 32 management, in conjunction with the director of revenue and 2 33 finance, shall provide a projected expenditure breakdown of 2 34 each appropriation for the beginning fiscal year to the 2 35 legislative fiscal bureau in the form and level of detail 3 1 requested by the bureau. By the fifteenth of each month, the 3 2 director, in conjunction with the director of revenue and 3 3 finance, shall transmit to the legislative fiscal bureau a 3 4 record for each appropriation of actual expenditures for the 3 5 prior month of the fiscal year and the fiscal year to date in 3 6 the form and level of detail as requested by the bureau. By 3 7 October 1, the director, in conjunction with the director of 3 8 revenue and finance, shall transmit the total record of an 3 9 appropriation, including reversions and transfers for the 3 10 prior fiscal year ending June 30, to the legislative fiscal 3 11 bureau. 3 12 Sec. 9. Section 8.53, unnumbered paragraph 1, Code 2001, 3 13 is amended by striking the unnumbered paragraph. 3 14 Sec. 10. Section 8.54, subsection 4, Code 2001, is amended 3 15 to read as follows: 3 16 4. The state general fund expenditure limitation amount 3 17 provided for in this section shall be used by the governor in 3 18 the preparation of the budget under section 8.22 and approval 3 19 of the budget and by the general assembly in the budget 3 20 process. If a source for new revenues is proposed, the budget 3 21 revenue projection used for that new revenue source for the 3 22 period beginning on the effective date of the new revenue 3 23 source and ending in the fiscal year in which the source is 3 24 included in the revenue base shall be an amount determined by 3 25 subtracting estimated tax refunds payable from the projected 3 26 revenue from that new revenue source, multiplied by ninety- 3 27 five percent. If a new revenue source is established and 3 28 implemented, the original state general fund expenditure 3 29 limitation amount provided for in subsection 3 shall be 3 30 readjusted to include ninety-five percent of the estimated 3 31 revenue from the new revenue source. 3 32 Sec. 11. Section 8.54, subsections 7 and 8, Code 2001, are 3 33 amended by striking the subsections and inserting in lieu 3 34 thereof the following: 3 35 7. The governor shall transmit to the general assembly, in 4 1 accordance with section 8.21, a budget which does not exceed 4 2 the state general fund expenditure limitation. The general 4 3 assembly shall pass a budget which does not exceed the state 4 4 general fund expenditure limitation. The governor shall not 4 5 transmit a budget with recommended appropriations in excess of 4 6 the state general fund expenditure limitation and the general 4 7 assembly shall not pass a budget with appropriations in excess 4 8 of the state general fund expenditure limitation. The 4 9 governor shall not approve or disapprove appropriation bills 4 10 or items of appropriation bills passed by the general assembly 4 11 in a manner that would cause the final budget approved by the 4 12 governor to exceed the state general fund expenditure 4 13 limitation. In complying with the requirements of this 4 14 subsection, the governor and the general assembly shall not 4 15 rely on any anticipated reversion of appropriations in order 4 16 to meet the state general fund expenditure limitation. 4 17 Sec. 12. Sections 8.24, 8.37, 8.39A, and 8.42, Code 2001, 4 18 are repealed. 4 19 Sec. 13. EFFECTIVE DATE – APPLICABILITY. This Act, being 4 20 deemed of immediate importance, takes effect upon enactment. 4 21 Sections 1 through 5, 7, 8, 10, and 11 are first applicable to 4 22 the budget and appropriations made for the fiscal year 4 23 beginning July 1, 2002, and ending June 30, 2003. 4 24 EXPLANATION 4 25 This bill relates to the state general fund expenditure 4 26 limitation and related state funds and budgeting practices. 4 27 In addition to the elimination of obsolete provisions in 4 28 Code sections 8.37, 8.42, and 8.53, the bill also does the 4 29 following: Code sections 2.47A(1)(c), 8.6(14), and 8.6(15) 4 30 are amended to eliminate the requirement for preparing an 4 31 annual five-year capital priority plan by the department of 4 32 management. 4 33 Code section 8.21, relating to the date requirements for 4 34 the governor to transmit the governor's budget recommendations 4 35 to the general assembly, is amended in conformance with the 5 1 expenditure limitation law to strike the word "balanced". 5 2 Code section 8.22A, relating to the revenue estimating 5 3 conference, is amended to require that for the meeting in 5 4 which the revenue estimate for the succeeding fiscal year is 5 5 developed, the conference must include an estimate of the 5 6 accruals. Accruals are revenues collected or owed by entities 5 7 other than the state on or before June 30 of the fiscal year 5 8 but not remitted until after June 30. Accruals also include 5 9 lottery revenue collected on or before June 30 of the fiscal 5 10 year but transferred to the state general fund after June 30. 5 11 The estimates developed at that meeting are required to be 5 12 used in calculation of the state general fund expenditure 5 13 limitation under Code section 8.54. 5 14 The repeal of Code section 8.24 and the amendment of Code 5 15 section 8.25 eliminate the department of management's 5 16 requirement to prepare estimates of total government income. 5 17 Code section 8.29 is amended to eliminate budget analysts 5 18 from the department of management from being attached to board 5 19 of regents institutions. 5 20 Code section 8.35A is amended so that the director of 5 21 revenue and finance will assist the director of the department 5 22 of management in providing projected and actual expenditures 5 23 to the legislative fiscal bureau. 5 24 The repeal of Code section 8.39A deletes the requirement of 5 25 the departments of agriculture and land stewardship and 5 26 natural resources to notify specific legislators about the 5 27 transfer of moneys or full-time equivalent positions. 5 28 The bill takes effect upon enactment with some sections 5 29 being first applicable to the budget that commences on July 1, 5 30 2002. 5 31 LSB 5110YC 79 5 32 mg/sh/8.1
Text: HSB00264 Text: HSB00266 Text: HSB00200 - HSB00299 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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