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 forthe portion ofthe 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 thegovernor'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 sessionclose 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 -1-