House Journal: Page 1182: Monday, April 21, 2003
43 governmental entity. The".
44 9. Page 9, by inserting after line 8 the
45 following:
46 "3. The state board of regents shall not be
47 required to obtain any service for the state board of
48 regents or any institution under the control of the
49 state board of regents that is provided by the
50 department pursuant to this chapter without the
Page 2
1 consent of the state board of regents."
2 10. Page 9, line 9, by striking the word
3 "REVOLVING", and inserting the following: "INTERNAL
4 SERVICE".
5 11. Page 9, by striking lines 10 through 17 and
6 inserting the following:
7 "1. Activities of the department shall be
8 accounted for within the general fund of the state,
9 except that the director may establish and maintain
10 internal service funds in accordance with generally
11 accepted accounting principles, as defined in section
12 8.57, subsection 4, for activities of the department
13 which are primarily funded from billings to
14 governmental entities for services rendered by the
15 department. The establishment of an internal service
16 fund is subject to the approval of the director of the
17 department of management and the concurrence of the
18 auditor of state. At least ninety days prior to the
19 establishment of an internal service fund pursuant to
20 this section, the director shall notify in writing the
21 general assembly, including the legislative council,
22 legislative fiscal committee, and the legislative
23 fiscal bureau.
24 2. Internal service funds shall be administered by
25 the department and shall consist of moneys collected
26 by the department from billings issued in accordance
27 with section 8A.125 and any other moneys obtained or
28 accepted by the department, including but not limited
29 to gifts, loans, donations, grants, and contributions,
30 which are designated to support the activities of the
31 individual internal service funds."
32 12. Page 9, line 19, by striking the words "a
33 revolving" and inserting the following: "an internal
34 service".
35 13. Page 9, by striking lines 23 and 24 and
36 inserting the following:
37 "3. The proceeds of an internal service fund
38 established pursuant to this section shall be used by
39 the".
40 14. Page 9, line 28, by striking the words "a
41 revolving", and inserting the following: "an internal
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