Text: SF02214                           Text: SF02216
Text: SF02200 - SF02299                 Text: SF Index
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Senate File 2215

Partial Bill History

Bill Text

PAG LIN
  1  1                                            SENATE FILE 2215
  1  2  
  1  3                             AN ACT
  1  4 RELATING TO THE INVESTMENT OF MONEYS OF THE IOWA FINANCE
  1  5    AUTHORITY IN FUNDS WITHIN THE OFFICE OF THE TREASURER OF
  1  6    STATE.
  1  7 
  1  8 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  1  9 
  1 10    Section 1.  Section 16.5, Code 2003, is amended by adding
  1 11 the following new subsection:
  1 12    NEW SUBSECTION.  18.  Establish one or more funds within
  1 13 the state treasury under the control of the authority and
  1 14 invest moneys of the authority therein.  Notwithstanding
  1 15 section 8.33 or 12C.7, or any other provision to the contrary,
  1 16 moneys invested by the treasurer of state pursuant to this
  1 17 subsection shall not revert to the general fund of the state
  1 18 and interest accrued on the moneys shall be moneys of the
  1 19 authority and shall not be credited to the general fund.  For
  1 20 purposes of this subsection, the treasurer of state shall
  1 21 enter into an agreement with the authority to carry out the
  1 22 provisions of this subsection.  
  1 23 
  1 24 
  1 25                                                             
  1 26                               JEFFREY M. LAMBERTI
  1 27                               President of the Senate
  1 28 
  1 29 
  1 30                                                             
  1 31                               CHRISTOPHER C. RANTS
  1 32                               Speaker of the House
  1 33 
  1 34    I hereby certify that this bill originated in the Senate and
  1 35 is known as Senate File 2215, Eightieth General Assembly.
  2  1 
  2  2 
  2  3                                                             
  2  4                               MICHAEL E. MARSHALL
  2  5                               Secretary of the Senate
  2  6 Approved                , 2004
  2  7 
  2  8 
  2  9                                
  2 10 THOMAS J. VILSACK
  2 11 Governor
     

Text: SF02214                           Text: SF02216
Text: SF02200 - SF02299                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index

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