House Journal: Page 1540: Wednesday, April 30, 2003
small business advisory council, making appropriations, and
including effective date and retroactive applicability provisions, was
taken up for consideration.
Hoffman of Crawford offered the following amendment H-1558
filed by him from the floor and moved its adoption:
H-1558
1 Amend House File 683 as follows:
2 1. Page 1, by striking line 2 and inserting the
3 following: "IOWA VALUES BOARD AND FUND - BONDING
4 AUTHORITY
5 Section 1. Section 8.57, subsection 5, paragraph
6 e, Code 2003, is amended to read as follows:
7 e. Notwithstanding provisions to the contrary in
8 sections 99D.17 and 99F.11, for the fiscal year period
9 beginning July 1, 2000, and for each fiscal year
10 thereafter, 2003, and ending June 30, 2005, not more
11 than a total of sixty million dollars shall be
12 deposited in the general fund of the state in any
13 fiscal year pursuant to sections 99D.17 and 99F.11;
14 for the fiscal period beginning July 1, 2005, and
15 ending June 30, 2030, not more than a total of sixty
16 million dollars of the moneys directed to be deposited
17 in the general fund of the state in a fiscal year
18 pursuant to sections 99D.17 and 99F.11 shall be
19 deposited in the Iowa values fund created in section
20 15G.105 in any fiscal year; and for the fiscal year
21 beginning July 1, 2030, and for each fiscal year
22 thereafter, not more than a total of sixty million
23 dollars shall be deposited in the general fund of the
24 state in any fiscal year pursuant to sections 99D.17
25 and 99F.11. The next fifteen million dollars of the
26 moneys directed to be deposited in the general fund of
27 the state in a fiscal year pursuant to sections 99D.17
28 and 99F.11 shall be deposited in the vision Iowa fund
29 created in section 12.72 for the fiscal year beginning
30 July 1, 2000, and for each fiscal year through the
31 fiscal year beginning July 1, 2019. The next five
32 million dollars of the moneys directed to be deposited
33 in the general fund of the state in a fiscal year
34 pursuant to sections 99D.17 and 99F.11 shall be
35 deposited in the school infrastructure fund created in
36 section 12.82 for the fiscal year beginning July 1,
37 2000, and for each fiscal year thereafter until the
38 principal and interest on all bonds issued by the
39 treasurer of state pursuant to section 12.81 are paid,
40 as determined by the treasurer of state. The total
41 moneys in excess of the moneys deposited in the
© 2003 Cornell College and
League of Women Voters of Iowa
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