House Journal: Page 1710: Thursday, May 1, 2003
40 investment in the Iowa fund of funds consistent with
41 the provisions hereof if it determines that the Iowa
42 capital investment corporation has structured the
43 investments in the Iowa fund of funds in an
44 appropriate manner to minimize the risk that the tax
45 credits will be redeemed and to maximize the amount
46 available to be reinvested in the Iowa fund of funds
47 revolving fund. A member of the board shall not incur
48 any liability with respect to any decision to issue
49 tax credits or to refuse to issue tax credits or with
50 respect to the performance of the investments in the
Page 11
1 Iowa fund of funds."
2 14. Page 29, line 21, by inserting after the
3 figure "29C.6" the following: "and disaster medical
4 assistance teams when acting under the provisions of
5 section 135.153".
6 15. Page 30, by inserting after line 27 the
7 following:
8 "Sec. . Section 80B.5, Code 2003, is amended to
9 read as follows:
10 80B.5 ADMINISTRATION.
11 The administration of the Iowa law enforcement
12 academy and council Act shall be vested in the office
13 of the governor. A director of the academy and such
14 staff Staff as may be necessary for it the law
15 enforcement academy to function shall be employed
16 pursuant to the Iowa merit system.
17 Sec. . NEW SECTION. 80B.5A DIRECTOR.
18 The governor shall appoint the director of the Iowa
19 law enforcement academy, subject to senate
20 confirmation, to a four-year term beginning and ending
21 as provided in section 69.19."
22 16. By striking page 30, line 28, through page
23 31, line 17, and inserting the following:
24 "Sec. . Section 99G.9, subsection 3, paragraph
25 j, if enacted by 2003 Iowa Acts, Senate File 453, is
26 amended by striking the paragraph.
27 Sec. . Section 99G.40, subsection 5, if enacted
28 by 2003 Iowa Acts, Senate File 453, is amended to read
29 as follows:
30 5. The authority shall adopt the same fiscal year
31 as that used by state government and shall be audited
32 annually by the auditor of state or a certified public
33 accounting firm appointed by the auditor. The auditor
34 of state or a designee conducting an audit under this
35 chapter shall have access and authority to examine any
36 and all records of licensees necessary to determine
37 compliance with this chapter and the rules adopted
38 pursuant to this chapter. The cost of audits and
© 2003 Cornell College and
League of Women Voters of Iowa
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