An IowAccess revolving fund is created in the state treasury. The revolving fund shall be administered by the department* and shall consist of moneys collected by the department* as fees, moneys appropriated by the general assembly, and any other moneys obtained or accepted by the department* for deposit in the revolving fund. The proceeds of the revolving fund are appropriated to and shall be used by the department* to maintain, develop, operate, and expand IowAccess consistent with this subchapter. The department* shall submit an annual report not later than January 31 to the members of the general assembly and the legislative fiscal bureau, of the activities funded by and expenditures made from the revolving fund during the preceding fiscal year. Section 8.33 does not apply to any moneys in the revolving fund and, notwithstanding section 12C.7, subsection 2, earnings or interest on moneys deposited in the revolving fund shall be credited to the revolving fund.
99 Acts, ch 207, §11
CS99, §18.187
2000 Acts, ch 1226, §12, 28, 30
C2001, §14B.206
2000 amendments take effect April 25, 2000; 2000 Acts, ch 1226, §28, 30
*The term "department" means the information technology department; 2000 Acts, ch 1226, §28, 30
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