House Journal: Page 1673: Tuesday, May 1, 2001
24 which the appropriation was made is completed,
25 whichever is earlier.
26 Sec. 25. EFFECTIVE DATE. Section 22 in this
27 division of this Act, amending 2000 Acts, chapter
28 1225, being deemed of immediate importance, takes
29 effect upon enactment.
30 DIVISION III
31 STATUTORY CHANGES AND RELATED MATTERS
32 Sec. 26. Section 7E.5A, Code 2001, is amended to
33 read as follows:
34 7E.5A BUILDINGS AND INFRASTRUCTURE -
35 IDENTIFICATION OF MAINTENANCE FUNDING NEEDS.
36 1. For each new vertical infrastructure project
37 undertaken on or after July 1, 1997, the department in
38 control of the vertical infrastructure shall identify
39 and recommend to the general assembly funding
40 sufficient to meet the projected maintenance, repair,
41 and replacement needs of the vertical infrastructure.
42 2. A department shall, within its five-year
43 capital budget request, identify specific instances
44 where the failure to address deferred maintenance has
45 had a negative impact on the department's ability to
46 implement its mission and the proposed costs for
47 annual routine and preventive maintenance based on an
48 industry standard of one percent of the estimated
49 replacement cost of the department's facilities.
50 3. A department requesting state moneys for a
Page 14
1 vertical infrastructure project shall actively pursue
2 any federal funds for which the proposed project may
3 be eligible and shall demonstrate such pursuit prior
4 to receiving state moneys for the project. The
5 department shall report the receipt of any such
6 federal funds to the department of management and the
7 legislative fiscal bureau in the manner described in
8 section 8.23.
9 2. 4. As used in this section, "vertical
10 infrastructure" means the same as defined in section
11 8.57, subsection 5, paragraph "c".
12 Sec. 27. Section 15F.203, Code 2001, is amended by
13 adding the following new subsection:
14 NEW SUBSECTION. 3A. An application for financial
15 assistance under the program may be approved by the
16 board to buy down or refinance an existing loan on a
17 project that otherwise meets the eligibility
18 requirements for financial assistance under the
19 program.
20 Sec. 28. Section 461A.3A, subsection 2, unnumbered
21 paragraph 1, Code 2001, is amended to read as follows:
22 There is appropriated from the rebuild Iowa
© 2001 Cornell College and
League of Women Voters of Iowa
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