Text: H01592                            Text: H01594
Text: H01500 - H01599                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

House Amendment 1593

Amendment Text

PAG LIN
  1  1    Amend House File 700 as follows:
  1  2    #1.  Page 24, by inserting after line 30 the
  1  3 following:
  1  4    "Sec.    .  NEW SECTION.  12F.1  IOWA ECONOMIC
  1  5 STIMULUS FUND – CREATED.
  1  6    1.  a.   The Iowa economic stimulus fund is created
  1  7 in the state treasury under the control of the
  1  8 treasurer of state.  Moneys received from the federal
  1  9 government or other sources for the purposes of
  1 10 economic stimulus or temporary fiscal assistance for
  1 11 state and local governments shall be deposited in the
  1 12 fund.
  1 13    b.  If any moneys received from the federal
  1 14 government for the purpose of economic stimulus are
  1 15 designated for the medical assistance program, the
  1 16 funds shall be used to supplant nongeneral fund
  1 17 appropriations to the medical assistance program.
  1 18    2.  Moneys deposited in the fund shall be used only
  1 19 as provided in appropriations from the fund for the
  1 20 purposes specified in the appropriation.
  1 21    3.  The fund shall be separate from the general
  1 22 fund of the state.  The moneys in the fund are not
  1 23 subject to section 8.33 and shall not be transferred,
  1 24 used, obligated, appropriated, or otherwise
  1 25 encumbered, except to provide for the purpose of this
  1 26 section.  Notwithstanding section 12C.7, subsection 2,
  1 27 interest or earnings on moneys deposited in the fund
  1 28 shall be credited to the fund."
  1 29    #2.  By renumbering as necessary.  
  1 30 
  1 31 
  1 32                               
  1 33 HEATON of Henry 
  1 34 HF 700.211 80
  1 35 pf/sh
     

Text: H01592                            Text: H01594
Text: H01500 - H01599                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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