466A.2  Watershed improvement fund.
  1.  a.  A watershed improvement fund is created in the state treasury which shall be administered by the treasurer of state under the supervision of the watershed improvement review board. Moneys in the fund are appropriated to the treasurer of state for expenditure as authorized by the board to carry out the purposes of this chapter.
  b.  The fund shall include a general account and special account.
  (1)   Other than as provided in subparagraph (2), the general account shall include all moneys appropriated to the fund and any other moneys available to and obtained or accepted by the treasurer of state for placement in the fund shall be deposited in the fund. Additionally, payments of interest, recaptures of awards, and other repayments to the account shall be deposited in the account.
  (2)  The special account shall exclusively include moneys assessed and collected by or on behalf of the department of natural resources as provided in sections 455B.109, 459.602, 459.603, 459.604, 459A.502, and 459B.402. Additionally, payments of interest, recaptures of awards, and other repayments to the account shall be deposited in the account.
  c.  Notwithstanding section 12C.7, subsection 2, interest or earnings on moneys in an account of the fund that shall be credited to that account.
  d.  Notwithstanding section 8.33, moneys in the fund that remain unencumbered or unobligated at the end of the fiscal year shall not revert, but shall remain available for the same purpose in the succeeding fiscal year.
  e.   Moneys in the general account of the fund shall be used exclusively for carrying out the purposes of this chapter. Moneys in the special account of the fund shall be used exclusively by the board for purposes of awarding local watershed improvement grants and monitoring the progress of local watershed improvement projects awarded grants as provided in section 466A.3.
  f.  Moneys in the fund shall not be used by the treasurer of state for its administrative purposes.
  2.  The purposes of the watershed improvement fund are the following:
  a.  Enhancement of water quality in the state through a variety of impairment-based, locally directed watershed improvement grant projects. Innovative water quality projects shall be encouraged.
  b.  Positively affecting the management and use of water for the purposes of drinking, agriculture, recreation, sport, and economic development in the state.
  c.  Ensuring public participation in the process of determining priorities related to water quality including but not limited to all of the following:
  (1)  Agricultural runoff and drainage.
  (2)  Stream bank erosion.
  (3)  Municipal discharge.
  (4)  Storm water runoff.
  (5)  Unsewered communities.
  (6)  Industrial discharge.
  (7)  Livestock runoff.
  (8)  Structures and conservation systems for the prevention and mitigation of floods within the watershed of the project.
  (9)  Removal of channels of waterways to allow waterways to meander.
2005 Acts, ch 159, §4; 2007 Acts, ch 211, §38; 2009 Acts, ch 146, §5; 2011 Acts, ch 128, §41, 45