8.90  IowAccess revolving fund.
  1.  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. 
  2.  The department shall submit an annual report not later than January 31 to the general assembly 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. 
2013 Acts, ch 129, §24
C2014, §8B.33
2018 Acts, ch 1123, §3, 7; 2024 Acts, ch 1185, §77, 85
C2025, §8.90
See annual Iowa Acts for provisions relating to the transfer of a portion of the fees collected for furnishing a certified abstract of a vehicle operating record in a fiscal year to the IowAccess revolving fund
Section transferred from §8B.33 in Code 2025 pursuant to directive in 
2024 Acts, ch 1185, §85
Section amended