House Journal: Page 1716: Thursday, May 1, 2003
34 follows:
35 (1) For prepayment in the 2003 and 2004 calendar
36 years, eleven percent.
37 (2) For prepayment in the 2005 calendar year,
38 twenty-six percent.
39 (3) For prepayment in the 2006 and subsequent
40 calendar years, fifty percent.
41 c. The sums prepaid by a state mutual insurance
42 association under this subsection shall be allowed as
43 credits against its premium tax liability for the
44 calendar year during which the payments are made. If
45 a prepayment made under this subsection exceeds the
46 annual premium tax liability, the excess shall be
47 allowed as a credit against subsequent prepayment or
48 tax liabilities. The commissioner of insurance may
49 suspend the certificate of authority of an association
50 that fails to make a prepayment on or before the due
Page 17
1 date.
2 Sec. . 2003 Iowa Acts, Senate File 453, section
3 30, if enacted, is amended by striking the section and
4 inserting in lieu thereof the following:
5 SEC. 30. CHARGE FOR RENT. For the fiscal year
6 beginning July 1, 2003, and ending June 30, 2004, the
7 department of administrative services, if established
8 in 2003 Iowa Acts, House File 534, shall transfer
9 $900,000 to the general fund of the state from the
10 rent fund if established under section 8A.123 in 2003
11 Iowa Acts, House File 534.
12 Sec. . 2003 Iowa Acts, Senate File 453, section
13 35, if enacted, is amended to read as follows:
14 SEC. 35. CHARTER AGENCY APPROPRIATIONS.
15 1. Notwithstanding any provision of law to the
16 contrary, the total operating appropriations
17 reductions as allowed under section 7J.1 from the
18 general fund of the state to those departments and
19 agencies designated as charter agencies and additional
20 revenue to the general fund of the state attributed to
21 the reinvention process as determined by the
22 department of management above that already committed
23 to the general fund of the state generated for the
24 fiscal year beginning July 1, 2003, and ending June
25 30, 2004, as provided by the appropriation to those
26 agencies as enacted by the Eightieth General Assembly,
27 2003 Regular Session, shall be reduced by total
28 $15,000,000. The department of management shall apply
29 the appropriation reductions, with a target of a 10
30 percent reduction for each charter agency, as
31 necessary to which along with additional generated
32 revenue shall achieve the overall reduction amount and
© 2003 Cornell College and
League of Women Voters of Iowa
Comments about this site or page?
hjourn@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Tue Aug 19 10:25:00 CDT 2003
URL: /DOCS/GA/80GA/Session.1/HJournal/01700/01716.html
jhf