Senate Amendment 3348


PAG LIN




     1  1    Amend the amendment, S=3328, to Senate File 478, as
     1  2 follows:
     1  3 #1.  Page 11, by inserting after line 43 the
     1  4 following:
     1  5    <Sec.    .  Section 8.57, subsection 6, paragraph
     1  6 e, subparagraphs (2) and (3), if enacted by 2009 Iowa
     1  7 Acts, Senate File 376, are amended by striking the
     1  8 subparagraphs and inserting in lieu thereof the
     1  9 following:
     1 10    (2)  If the total amount of moneys directed to be
     1 11 deposited in the general fund of the state under
     1 12 sections 99D.17 and 99F.11 in a fiscal year is less
     1 13 than the total amount of moneys directed to be
     1 14 deposited in the revenue bonds debt service fund in
     1 15 the fiscal year pursuant to this paragraph "e", the
     1 16 difference shall be paid from moneys deposited in the
     1 17 beer and liquor control fund created in section 123.53
     1 18 in the manner provided in section 123.53, subsection
     1 19 2A.
     1 20    (2) (3)  If After the deposit of moneys directed to
     1 21 be deposited in the general fund of the state and the
     1 22 revenue bonds debt service fund as provided in
     1 23 subparagraph (1), subparagraph division (a), if the
     1 24 total amount of moneys directed to be deposited in the
     1 25 general fund of the state under sections 99D.17 and
     1 26 99F.11 in a fiscal year is less than the total amount
     1 27 of moneys directed to be deposited in the vision Iowa
     1 28 fund and the school infrastructure fund in the fiscal
     1 29 year pursuant to this paragraph "e", the difference
     1 30 shall be paid from lottery revenues in the manner
     1 31 provided in section 99G.39, subsection 3.
     1 32    Sec.    .  Section 12.90C, subsection 2, paragraph
     1 33 a, if enacted by 2009 Iowa Acts, Senate File 477, is
     1 34 amended to read as follows:
     1 35    3.  The net proceeds of bonds issued pursuant to
     1 36 section 12.90A other than bonds issued for the purpose
     1 37 of refunding such bonds and investment earnings on the
     1 38 net proceeds.>
     1 39 #2.  By renumbering as necessary.
     1 40
     1 41
     1 42                               
     1 43 ROBERT E. DVORSKY
     1 44 SF 478.309 83
     1 45 rh/rj/24493
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