House File 193 - Introduced HOUSE FILE BY HUSER (COMPANION TO 1848SS BY DANIELSON) Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act relating to value=added agricultural projects under the 2 rail assistance program, making an appropriation, and 3 providing a contingent effective date. 4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 5 TLSB 1848HH 81 6 dea/sh/8 PAG LIN 1 1 Section 1. RAIL ASSISTANCE PROGRAM == APPROPRIATION. 1 2 1. There is appropriated from the grow Iowa values fund to 1 3 the state department of transportation for the fiscal year 1 4 beginning July 1, 2005, and ending June 30, 2006, the 1 5 following amount, or so much thereof as is necessary, to be 1 6 used for the purpose designated: 1 7 For the rail assistance program: 1 8 .................................................. $ 2,500,000 1 9 2. Moneys appropriated under this section shall be used by 1 10 the department to fund projects under the rail assistance 1 11 program established in chapter 327H and rules adopted pursuant 1 12 to that chapter. Such projects must be directly related to an 1 13 economic development project involving value=added 1 14 agriculture. 1 15 3. The grow Iowa values board shall approve applications 1 16 for financial assistance from moneys appropriated under this 1 17 section. The Iowa transportation commission shall not act on 1 18 an application for funds appropriated under this section 1 19 without prior approval of the grow Iowa values board. 1 20 4. Notwithstanding section 8.33, moneys appropriated in 1 21 this section that remain unexpended at the end of the fiscal 1 22 year shall not revert to any fund but shall remain available 1 23 for expenditure for the purposes designated during succeeding 1 24 fiscal years. 1 25 Sec. 2. CONTINGENT EFFECTIVENESS. This Act takes effect 1 26 upon the enactment of legislation creating the grow Iowa 1 27 values fund and board by the general assembly during the 2005 1 28 legislative session. 1 29 EXPLANATION 1 30 This bill appropriates moneys for the 2005=2006 fiscal year 1 31 from the grow Iowa values fund to the rail assistance program 1 32 administered by the state department of transportation. The 1 33 moneys are to be used to fund projects that qualify under the 1 34 rail assistance program as economic development projects and 1 35 that are directly related to value=added agriculture 2 1 development. An application for financial assistance must 2 2 first be approved by the grow Iowa values board before being 2 3 considered by the transportation commission. 2 4 The bill takes effect upon enactment of legislation 2 5 creating a grow Iowa values fund and board during the 2005 2 6 legislative session. 2 7 LSB 1848HH 81 2 8 dea:nh/sh/8