Text: H08086 Text: H08088 Text: H08000 - H08099 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 2302 as follows: 1 2 #1. Page 1, by inserting before line 1, the 1 3 following: 1 4 "Section 1. Section 8.57, subsection 5, paragraph 1 5 e, Code Supplement 2003, is amended to read as 1 6 follows: 1 7 e. (1) Notwithstanding provisions to the contrary 1 8 in sections 99D.17 and 99F.11, for the fiscal year 1 9 beginning July 1, 2000, and for each fiscal year 1 10 thereafter, not more than a total ofsixty million1 11dollarsthe applicable general fund amount shall be 1 12 deposited in the general fund of the state in any 1 13 fiscal year pursuant to sections 99D.17 and 99F.11. 1 14 The next fifteen million dollars of the moneys 1 15 directed to be deposited in the general fund of the 1 16 state in a fiscal year pursuant to sections 99D.17 and 1 17 99F.11 shall be deposited in the vision Iowa fund 1 18 created in section 12.72 for the fiscal year beginning 1 19 July 1, 2000, and for each fiscal year through the 1 20 fiscal year beginning July 1, 2019. The next five 1 21 million dollars of the moneys directed to be deposited 1 22 in the general fund of the state in a fiscal year 1 23 pursuant to sections 99D.17 and 99F.11 shall be 1 24 deposited in the school infrastructure fund created in 1 25 section 12.82 for the fiscal year beginning July 1, 1 26 2000, and for each fiscal year thereafter until the 1 27 principal and interest on all bonds issued by the 1 28 treasurer of state pursuant to section 12.81 are paid, 1 29 as determined by the treasurer of state. The total 1 30 moneys in excess of the moneys deposited in the 1 31 general fund of the state, the vision Iowa fund, and 1 32 the school infrastructure fund in a fiscal year shall 1 33 be deposited in the rebuild Iowa infrastructure fund 1 34 and shall be used as provided in this section, 1 35 notwithstanding section 8.60. 1 36 (2) If the total amount of moneys directed to be 1 37 deposited in the general fund of the state under 1 38 sections 99D.17 and 99F.11 in a fiscal year is less 1 39 than the total amount of moneys directed to be 1 40 deposited in the vision Iowa fund and the school 1 41 infrastructure fund in the fiscal year pursuant to 1 42 this paragraph "e", the difference shall be paid from 1 43 lottery revenues in the manner provided in section 1 44 99G.39, subsection 3. 1 45 (3) For purposes of this paragraph "e", the 1 46 "applicable general fund amount" shall be as follows: 1 47 (a) For each fiscal year in the fiscal period 1 48 beginning July 1, 2004, and ending June 30, 2006, 1 49 sixty million dollars. 1 50 (b) For the fiscal year beginning July 1, 2007, 2 1 fifty-four million dollars. 2 2 (c) For each fiscal year beginning on or after 2 3 July 1, 2008, until the applicable general fund amount 2 4 is zero dollars, an amount equal to the applicable 2 5 general fund amount for the previous fiscal year less 2 6 six million dollars. 2 7 (d) For the fiscal year beginning July 1, 2014, 2 8 and each fiscal year thereafter, zero dollars." 2 9 #2. By renumbering as necessary. 2 10 2 11 2 12 2 13 JOCHUM of Dubuque 2 14 HF 2302.502 80 2 15 ec/pj
Text: H08086 Text: H08088 Text: H08000 - H08099 Text: H Index Bills and Amendments: General Index Bill History: General Index
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