House Journal: Page 618: Monday, March 17, 2003
31 "Sec. ___. TAX-EXEMPT BOND PROCEEDS RESTRICTED
32 CAPITAL FUNDS ACCOUNT OF THE TOBACCO SETTLEMENT TRUST
33 FUND - APPROPRIATION.
34 1. There is appropriated from the tax-exempt bond
35 proceeds restricted capital funds account of the
36 tobacco settlement trust fund established in section
37 12E.12 to the department of economic development for
38 the fiscal period beginning July 1, 2002, and ending
39 June 30, 2005, the following amounts, or so much
40 thereof as is necessary, to be used for the purposes
41 designated:
42 a. For deposit in the animal biotechnology
43 commercialization fund created in section 15E.221 to
44 be used for purposes of projects described in section
45 15E.221, subsection 1, paragraph "b":
46 FY 2002-2003 $ 5,000,000
47 FY 2003-2004 $ 5,000,000
48 FY 2004-2005 $ 0
49 b. For deposit in the animal biotechnology
50 commercialization fund created in section 15E.221 to
Page 2
1 be used for purposes of projects described in section
2 15E.221, subsection 1, paragraph "c":
3 FY 2002-2003 $ 0
4 FY 2003-2004 $ 0
5 FY 2004-2005 $ 10,000,000
6 2. Any financial assistance awarded from the
7 animal biotechnology commercialization fund using
8 moneys from the appropriations made under this section
9 shall be in the form of grants.
10 3. Any moneys remaining in the fund from the
11 appropriations under this section that are unexpended
12 or unobligated on June 30, 2006, shall revert to the
13 tax-exempt bond proceeds restricted capital funds
14 account of the tobacco settlement trust fund on June
15 30, 2006.
16 Sec. ___. REBUILD IOWA INFRASTRUCTURE FUND -
17 APPROPRIATION.
18 1. There is appropriated from the rebuild Iowa
19 infrastructure fund created in section 8.57,
20 subsection 5, paragraph "a", to the department of
21 economic development for the fiscal period beginning
22 July 1, 2003, and ending June 30, 2005, the following
23 amounts, or so much thereof as is necessary, to be
24 used for the purposes designated:
25 a. For deposit in the animal biotechnology
26 commercialization fund created in section 15E.221 to
27 be used for purposes of projects described in section
28 15E.221, subsection 1, paragraph "a":
29 FY 2003-2004 $ 0
© 2003 Cornell College and
League of Women Voters of Iowa
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