Text: SF00435 Text: SF00437 Text: SF00400 - SF00499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 SENATE FILE 436 1 2 1 3 AN ACT 1 4 MAKING A SUPPLEMENTAL APPROPRIATION TO THE ENVIRONMENT FIRST 1 5 FUND FROM THE CASH RESERVE FUND AND INCLUDING AN EFFECTIVE 1 6 DATE. 1 7 1 8 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 1 9 1 10 Section 1. ENVIRONMENT FIRST FUND. There is appropriated 1 11 from the cash reserve fund to the environment first fund for 1 12 the fiscal year beginning July 1, 2002, and ending June 30, 1 13 2003, the following amount: 1 14 .................................................. $ 16,555,000 1 15 Sec. 2. CASH RESERVE FUND. 1 16 1. Notwithstanding section 8.33 and the nonreversion 1 17 provision in 2002 Iowa Acts, chapter 1173, section 22, 1 18 subsection 1, moneys in the environment first fund remaining 1 19 unencumbered or unobligated at the end of the fiscal year 1 20 beginning July 1, 2002, shall be transferred to the cash 1 21 reserve fund. 1 22 2. Notwithstanding subsection 1, the total amount 1 23 transferred pursuant to subsection 1 shall not exceed 1 24 $16,555,000. The transfer to the cash reserve fund specified 1 25 in subsection 1 shall not apply to any unencumbered or 1 26 unobligated moneys that are not to revert as provided in 2002 1 27 Iowa Acts, chapter 1173, section 22, subsection 2. 1 28 Sec. 3. CASH RESERVE FUND. If the United States supreme 1 29 court ruling is decided on or after July 1, 2003, in favor of 1 30 the state's taxation of the adjusted gross revenues from 1 31 gambling games at racetrack enclosures, and results in 1 32 additional tax revenues being deposited into the rebuild Iowa 1 33 infrastructure fund, an amount of the additional tax revenues 1 34 equal to the difference between $16,555,000 and the amount 1 35 transferred to the cash reserve fund pursuant to section 2 of 2 1 this Act shall be transferred to the cash reserve fund. 2 2 Sec. 4. EFFECTIVE DATE. This Act, being deemed of 2 3 immediate importance, takes effect upon enactment. 2 4 2 5 2 6 2 7 MARY E. KRAMER 2 8 President of the Senate 2 9 2 10 2 11 2 12 CHRISTOPHER C. RANTS 2 13 Speaker of the House 2 14 2 15 I hereby certify that this bill originated in the Senate and 2 16 is known as Senate File 436, Eightieth General Assembly. 2 17 2 18 2 19 2 20 MICHAEL E. MARSHALL 2 21 Secretary of the Senate 2 22 Approved , 2003 2 23 2 24 2 25 2 26 THOMAS J. VILSACK 2 27 Governor
Text: SF00435 Text: SF00437 Text: SF00400 - SF00499 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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