House Amendment 2015


PAG LIN




     1  1    Amend Senate File 601, as amended, passed, and
     1  2 reprinted by the Senate, as follows:
     1  3 #1.  Page 35, by inserting after line 23 the
     1  4 following:
     1  5    <Sec.    .  Section 8.54, subsection 2, Code 2007,
     1  6 is amended to read as follows:
     1  7    2.  There is created a state general fund
     1  8 expenditure limitation for each fiscal year calculated
     1  9 as provided in this section.  An expenditure
     1 10 limitation shall be used for the portion of the budget
     1 11 process commencing on the date the revenue estimating
     1 12 conference agrees to a revenue estimate for the
     1 13 following fiscal year in accordance with section
     1 14 8.22A, subsection 3, and ending with the governor's
     1 15 final approval or disapproval of the appropriations
     1 16 bills applicable to that fiscal year that were passed
     1 17 prior to July 1 of that fiscal year in a regular or
     1 18 extraordinary legislative session close of the fiscal
     1 19 year for which the expenditure limitation was
     1 20 calculated.  Once the fiscal year for which the
     1 21 expenditure limitation was calculated commences, the
     1 22 expenditure limitation for that fiscal year is not
     1 23 subject to adjustment or readjustment except by law
     1 24 enacted for that purpose.
     1 25    Sec.    .  Section 8.54, Code 2007, is amended by
     1 26 adding the following new subsections:
     1 27    NEW SUBSECTION.  8.  a.  The requirements of this
     1 28 subsection are only applicable under the state general
     1 29 fund expenditure limitation for a fiscal year when the
     1 30 adjusted revenue estimate used to establish the
     1 31 expenditure limitation for that fiscal year represents
     1 32 an increase of more than two percent over the adjusted
     1 33 revenue estimate used to establish the expenditure
     1 34 limitation for the immediately preceding fiscal year.
     1 35    b.  If an appropriation is made for a fiscal year
     1 36 from a source other than the general fund of the state
     1 37 for a designated purpose and in either of the two
     1 38 fiscal years immediately preceding that fiscal year
     1 39 the designated purpose was funded by an appropriation
     1 40 from the general fund of the state, for the purposes
     1 41 of the state general fund expenditure limitation, the
     1 42 amount of the appropriation from the other source
     1 43 shall be considered to have been transferred to and
     1 44 appropriated from the general fund of the state and
     1 45 shall be counted as both a new revenue causing
     1 46 readjustment of the expenditure limitation amount and
     1 47 as an appropriation made under the expenditure
     1 48 limitation amount.  Subject to the applicability
     1 49 condition in paragraph "a", the requirements of this
     1 50 subsection shall apply to either or both the initial
     2  1 and immediately succeeding fiscal years for which the
     2  2 appropriation is made from the other funding source.
     2  3    NEW SUBSECTION.  9.  a.  Commencing during the
     2  4 fiscal year that begins July 1, 2008, if the adjusted
     2  5 revenue estimate used to establish the expenditure
     2  6 limitation for the succeeding fiscal year represents
     2  7 an increase over the adjusted revenue estimate used to
     2  8 establish the expenditure limitation for the fiscal
     2  9 year in progress by a percentage amount listed in this
     2 10 paragraph, there is appropriated from the general fund
     2 11 of the state to the office of the treasurer of state
     2 12 for the succeeding fiscal year, the indicated amount.
     2 13 An appropriation made pursuant to this subsection
     2 14 shall be counted under the state general fund
     2 15 expenditure limitation amount for the fiscal year for
     2 16 which the appropriation is made.  The treasurer of
     2 17 state shall distribute the appropriation as provided
     2 18 in paragraph "b" to be used to restore funding that
     2 19 was transferred to the general fund of the state or
     2 20 appropriated from various funds and accounts in lieu
     2 21 of funding from the general fund of the state.  The
     2 22 appropriation made in this paragraph shall continue on
     2 23 an annual basis until the amounts listed in paragraph
     2 24 "b" have all been distributed.  If the amount
     2 25 appropriated would exceed the amount remaining to be
     2 26 distributed, the appropriation shall be reduced by the
     2 27 excess.
     2 28    (1)  For an increase in the adjusted revenue
     2 29 estimate of more than two percent but less than four
     2 30 percent, the appropriation made in this paragraph "a"
     2 31 shall be an amount equal to one=half of one percent of
     2 32 the adjusted revenue estimate used to establish the
     2 33 state general fund expenditure limitation for the
     2 34 fiscal year for which the appropriation is made.
     2 35    (2)  For an increase in the adjusted revenue
     2 36 estimate of at least four percent but less than six
     2 37 percent, the appropriation made in this paragraph "a"
     2 38 shall be an amount equal to one percent of the
     2 39 adjusted revenue estimate used to establish the state
     2 40 general fund expenditure limitation for the fiscal
     2 41 year for which the appropriation is made.
     2 42    (3)  For an increase in the adjusted revenue
     2 43 estimate of at least six percent but less than eight
     2 44 percent, the appropriation made in this paragraph "a"
     2 45 shall be an amount equal to one and one=half percent
     2 46 of the adjusted revenue estimate used to establish the
     2 47 state general fund expenditure limitation for the
     2 48 fiscal year for which the appropriation is made.
     2 49    (4)  For an increase in the adjusted revenue
     2 50 estimate of eight percent or more, the appropriation
     3  1 made in this paragraph "a" shall be an amount equal to
     3  2 two percent of the adjusted revenue estimate used to
     3  3 establish the state general fund expenditure
     3  4 limitation for the fiscal year for which the
     3  5 appropriation is made.
     3  6    b.  The appropriation made in paragraph "a" shall
     3  7 be annually, if necessary, distributed as provided in
     3  8 this paragraph "b".  Unless otherwise provided by law,
     3  9 notwithstanding section 8.33, moneys distributed in
     3 10 accordance with this paragraph that remain
     3 11 unencumbered or unobligated at the close of the fiscal
     3 12 year shall not revert but shall remain available for
     3 13 expenditure for the purposes designated until
     3 14 expended.
     3 15    (1)  Moneys appropriated in paragraph "a" shall be
     3 16 distributed to the funds and departments listed in
     3 17 this subparagraph, in the order and amounts listed
     3 18 until the full amounts listed have been distributed.
     3 19 To the extent the appropriation for a fiscal year is
     3 20 insufficient to fully fund an amount listed or
     3 21 remaining, the amount of the insufficiency shall be
     3 22 distributed from the next succeeding appropriation or
     3 23 appropriations.  When all amounts listed in this
     3 24 subparagraph have been distributed in full, any
     3 25 remaining amounts of the appropriation made in
     3 26 paragraph "a" shall be distributed as provided in
     3 27 subparagraph (2).  Moneys distributed pursuant to this
     3 28 subparagraph (1) shall be used for the purposes of the
     3 29 fund or department to which distributed, unless a
     3 30 purpose is stated with the amount:
     3 31    (a)  The innovations fund created in section 8.63,
     3 32 four hundred thousand dollars.
     3 33    (b)  The state department of transportation to be
     3 34 used for aviation hangars, three hundred sixty
     3 35 thousand dollars, and for airport engineering studies
     3 36 and improvement projects, three hundred forty=seven
     3 37 thousand dollars.
     3 38    (c)  The special all=terrain vehicle fund created
     3 39 pursuant to section 321I.8, eight hundred thousand
     3 40 dollars.
     3 41    (d)  The victim compensation fund established in
     3 42 section 915.94, one million dollars.
     3 43    (e)  The special snowmobile fund created pursuant
     3 44 to section 321G.7, one million dollars.
     3 45    (f)  The revolving fund created in section
     3 46 602.1302, for the purpose of paying jury and witness
     3 47 fees and mileage by the judicial branch, and for
     3 48 payment of other trial=related expenses, one million
     3 49 dollars.
     3 50    (g)  The brucellosis and tuberculosis eradication
     4  1 fund created in section 165.18, one million dollars.
     4  2    (h)  The agricultural drainage well water quality
     4  3 assistance fund created in section 460.303, one
     4  4 million one hundred thousand dollars.
     4  5    (i)  The property tax relief fund risk pool created
     4  6 in section 426B.5, subsection 2, three million five
     4  7 hundred thousand dollars.
     4  8    (j)  The title guaranty fund created in section
     4  9 16.91, two million seven hundred thousand dollars.
     4 10    (k)  The waste tire management fund created in
     4 11 section 455D.11C, four million six hundred thousand
     4 12 dollars.
     4 13    (l)  The groundwater protection fund established in
     4 14 section 455E.11, five million two hundred thousand
     4 15 dollars.
     4 16    (m)  The state department of transportation to be
     4 17 used for recreational trails projects, five million
     4 18 five hundred thousand dollars.
     4 19    (n)  The strategic investment fund created in
     4 20 section 15.313, three million dollars.
     4 21    (o)  The physical infrastructure assistance fund
     4 22 created in section 15E.175, two million five hundred
     4 23 thousand dollars.
     4 24    (p)  The value=added agricultural products and
     4 25 processes financial assistance fund created in section
     4 26 15E.112, seven hundred fifty thousand dollars.
     4 27    (q)  The school infrastructure fund created in
     4 28 section 12.82, twenty=two million dollars.
     4 29    (2)  When the amounts listed in subparagraph (1)
     4 30 have all been distributed, any remaining amounts of
     4 31 the appropriation made in paragraph "a" shall be
     4 32 annually distributed to the account and funds listed
     4 33 in this subparagraph (2) until the full amounts listed
     4 34 have been distributed.  If the appropriation is
     4 35 insufficient to fully fund all amounts listed or
     4 36 remaining, the appropriation shall be prorated among
     4 37 the account and funds based upon an amount's
     4 38 proportion of the total amount to be distributed.  The
     4 39 distribution of the appropriation made in paragraph
     4 40 "a" shall continue in succeeding fiscal years until
     4 41 the entire amount listed for each account or fund in
     4 42 this subparagraph (2) has been distributed.  Moneys
     4 43 distributed shall be used for the purposes of the
     4 44 account or fund to which distributed:
     4 45    (a)  The environment first fund created in section
     4 46 8.57A, sixty=nine million five hundred thousand
     4 47 dollars.
     4 48    (b)  The rebuild Iowa infrastructure fund created
     4 49 in section 8.57, subsection 6, sixty million five
     4 50 hundred sixty thousand dollars.
     5  1    (c)  The Iowa comprehensive petroleum underground
     5  2 storage tank fund created in section 455G.3,
     5  3 forty=eight million dollars.
     5  4    c.  This subsection is repealed on July 1 following
     5  5 the fiscal year in which all amounts listed in
     5  6 paragraph "b" have been paid in full.  The treasurer
     5  7 of state shall notify the Code editor when the amounts
     5  8 have been paid in full.>
     5  9 #2.  Page 59, by inserting after line 4 the
     5 10 following:
     5 11    <Sec.    .  EFFECTIVE AND APPLICABILITY DATES.  The
     5 12 section of this division of this Act amending section
     5 13 8.54, subsection 2, and the provision of the section
     5 14 of this division of this Act enacting section 8.54,
     5 15 subsection 8, take effect July 1, 2008, and are first
     5 16 applicable to the state general fund expenditure
     5 17 limitation established for the fiscal year beginning
     5 18 July 1, 2009.>
     5 19
     5 20
     5 21                               
     5 22 SANDS of Louisa
     5 23 SF 601.718 82
     5 24 mg/gg/10007

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