House Journal: Page 2118: Tuesday, June 3, 2003
7 expenditure for the designated purposes during the
8 succeeding fiscal year.
9 Sec. . STREAMLINED SALES AND USE TAX REVENUE -
10 APPROPRIATION.
11 1. There is appropriated from the general fund of
12 the state from moneys credited to the general fund of
13 the state as a result of entering into the streamlined
14 sales and use tax agreement, for the fiscal period
15 beginning July 1, 2003, and ending June 30, 2010, the
16 following amounts to be used for the purpose
17 designated:
18 For deposit in the grow Iowa values fund created in
19 section 15G.107, if enacted by 2003 Iowa Acts, House
20 File 692 or another Act:
21 FY 2003-2004 $ 5,000,000
22 FY 2004-2005 $ 23,000,000
23 FY 2005-2006 $ 75,000,000
24 FY 2006-2007 $ 75,000,000
25 FY 2007-2008 $ 75,000,000
26 FY 2008-2009 $ 75,000,000
27 FY 2009-2010 $ 75,000,000
28 2. For purposes of this section, "moneys credited
29 to the general fund of the state as a result of
30 entering into the streamlined sales and use tax
31 agreement" means the amount of sales and use tax
32 receipts credited to the general fund of the state
33 during a fiscal year that exceeds by two percent or
34 more the total sales and use tax receipts credited to
35 the general fund of the state during the previous
36 fiscal year.
37 a. If the moneys credited to the general fund of
38 the state as a result of entering into the streamlined
39 sales and use tax agreement during a fiscal year total
40 less than the amount appropriated in this section, the
41 appropriation in this section shall be reduced to
42 equal the total amount of the moneys so credited.
43 b. If the appropriation for a fiscal year is
44 reduced pursuant to paragraph "a", all appropriations
45 made from the grow Iowa values fund for the same
46 fiscal year shall be reduced proportionately to the
47 amount reduced due to paragraph "a".
48 3. Notwithstanding section 8.33, moneys that
49 remain unexpended at the end of a fiscal year shall
50 not revert to any fund but shall remain available for
Page 10
1 expenditure for the designated purposes during the
2 succeeding fiscal year.
3 DIVISION VIII
4 WORKFORCE-RELATED ISSUES
5 Sec. . NEW SECTION. 260C.18A WORKFORCE
© 2003 Cornell College and
League of Women Voters of Iowa
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