House
File
2739
H-8234
Amend
House
File
2739
as
follows:
1
1.
Page
7,
by
striking
lines
2
through
11
and
inserting:
2
<
Sec.
___.
Section
8.54,
subsection
5,
paragraph
b,
Code
3
2026,
is
amended
to
read
as
follows:
4
b.
(1)
For
fiscal
years
in
which
it
is
anticipated
that
5
moneys
will
be
transferred
from
the
taxpayer
relief
fund
to
6
the
general
fund
of
the
state
in
accordance
with
section
7
8.57E,
subsection
2
,
paragraph
“b”
,
the
original
state
general
8
fund
expenditure
limitation
amount
provided
for
in
subsection
9
3
shall
not
be
readjusted
to
include
the
amount
of
moneys
10
anticipated
to
be
so
transferred.
This
paragraph
subparagraph
11
is
repealed
July
1,
2029
2027
.
12
(2)
For
the
fiscal
year
beginning
July
1,
2027,
and
each
13
fiscal
year
thereafter,
in
which
it
is
anticipated
that
moneys
14
will
be
transferred
from
the
taxpayer
relief
fund
to
the
15
general
fund
of
the
state
in
accordance
with
section
8.57E,
16
subsection
2,
paragraph
“b”
,
the
original
state
general
fund
17
expenditure
limitation
amount
provided
for
in
subsection
3
18
shall
be
readjusted
to
include
the
amount
of
moneys
anticipated
19
to
be
so
transferred.
20
(3)
This
paragraph
is
repealed
July
1,
2029.
21
Sec.
___.
Section
8.57E,
subsection
2,
paragraph
b,
Code
22
2026,
is
amended
by
adding
the
following
new
subparagraph:
23
NEW
SUBPARAGRAPH
.
(02)
For
the
fiscal
year
beginning
24
July
1,
2027,
and
each
fiscal
year
thereafter,
the
transfer
25
pursuant
to
this
paragraph
shall
not
exceed
the
difference
26
between
the
lower
revenue
estimate
determined
at
the
state
27
revenue
estimating
conference
meeting
occurring
prior
to
28
December
15
and
the
meeting
occurring
in
March,
for
the
fiscal
29
year
beginning
the
following
July
1,
and
the
net
general
fund
30
appropriation
for
that
fiscal
year.
>
31
2.
Page
7,
line
17,
by
striking
<
296,200,000
>
and
inserting
32
<
347,013,889
>
33
3.
Page
8,
line
6,
by
striking
<
70,300,000
>
and
inserting
34
<
89,000,000
>
35
-1-
HF
2739.3539
(1)
91
ns/jh
1/
2
#1.
#2.
4.
Page
8,
by
striking
lines
14
through
19.
1
5.
Title
page,
line
6,
by
striking
<
applicability,
>
2
6.
By
renumbering
as
necessary.
3
______________________________
LUNDGREN
of
Dubuque
-2-
HF
2739.3539
(1)
91
ns/jh
2/
2
#4.
#5.
#6.