Senate File 95 - Enrolled PAG LIN 1 1 SENATE FILE 95 1 2 1 3 AN ACT 1 4 MAKING SUPPLEMENTAL APPROPRIATIONS FOR THE HOME OWNERSHIP 1 5 ASSISTANCE AND INJURED VETERANS GRANT PROGRAMS FOR IOWA 1 6 RESIDENTS WHO ARE ELIGIBLE MEMBERS OR MILITARY VETERANS 1 7 OF THE ARMED FORCES OF THE UNITED STATES AND PROVIDING 1 8 AN EFFECTIVE DATE. 1 9 1 10 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 1 11 1 12 Section 1. 2006 Iowa Acts, chapter 1184, section 5, is 1 13 amended by adding the following new subsections: 1 14 NEW SUBSECTION. 3. HOME OWNERSHIP ASSISTANCE PROGRAM 1 15 For transfer to the Iowa finance authority to be used for 1 16 continuation of the home ownership assistance program for 1 17 persons who are or were eligible members of the armed forces 1 18 of the United States, implemented pursuant to 2003 Iowa Acts, 1 19 chapter 179, section 21, subsection 5, as amended by 2005 Iowa 1 20 Acts, chapter 161, section 1, and chapter 115, section 37, and 1 21 continued in accordance with 2006 Iowa Acts, chapter 1167, 1 22 sections 3 and 4, and this subsection: 1 23 .................................................. $ 2,000,000 1 24 a. The Iowa finance authority shall give priority to 1 25 processing the applications for assistance received after the 1 26 original allotment of funding for the program was exhausted. 1 27 b. The home ownership assistance program shall continue to 1 28 be directed to persons who are eligible members of the armed 1 29 forces of the United States. In the event an eligible member 1 30 is deceased, the surviving spouse of the eligible member shall 1 31 be eligible for a loan under the program, subject to the 1 32 surviving spouse meeting the program's eligibility 1 33 requirements other than the military service requirement. For 1 34 the purposes of this subsection, "eligible member of the armed 1 35 forces of the United States" means a resident of this state 2 1 who is or was a member of the national guard, reserve, or 2 2 regular component of the armed forces of the United States who 2 3 has served at least ninety days of active duty service during 2 4 the period beginning September 11, 2001, and ending June 30, 2 5 2008. 2 6 c. Notwithstanding section 8.33, moneys appropriated in 2 7 this subsection that remain unencumbered or unobligated at the 2 8 close of the fiscal year shall not revert but shall remain 2 9 available for expenditure for the purposes designated until 2 10 the close of the fiscal year beginning July 1, 2008. 2 11 NEW SUBSECTION. 4. INJURED VETERANS GRANT PROGRAM 2 12 For continuation of the injured veterans grant program in 2 13 accordance with section 35A.14, for providing hardship grants 2 14 to military veterans seriously injured in a combat zone since 2 15 September 11, 2001: 2 16 .................................................. $ 2,000,000 2 17 Notwithstanding section 8.33, moneys appropriated in this 2 18 subsection that remain unencumbered or unobligated at the 2 19 close of the fiscal year shall not revert but shall remain 2 20 available for expenditure for the purposes designated until 2 21 the close of the succeeding fiscal year. 2 22 Sec. 2. EFFECTIVE DATE. This Act, being deemed of 2 23 immediate importance, takes effect upon enactment. 2 24 2 25 2 26 2 27 JOHN P. KIBBIE 2 28 President of the Senate 2 29 2 30 2 31 2 32 PATRICK J. MURPHY 2 33 Speaker of the House 2 34 2 35 I hereby certify that this bill originated in the Senate and 3 1 is known as Senate File 95, Eighty=second General Assembly. 3 2 3 3 3 4 3 5 MICHAEL E. MARSHALL 3 6 Secretary of the Senate 3 7 Approved , 2007 3 8 3 9 3 10 3 11 CHESTER J. CULVER 3 12 Governor