House File 2236 - Introduced



                                       HOUSE FILE       
                                       BY  DRAKE


    Passed House,  Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act relating to county bonding for capital projects.
  2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  3 TLSB 6112HH 81
  4 eg/je/5

PAG LIN



  1  1    Section 1.  Section 331.441, subsection 2, paragraph b,
  1  2 Code Supplement 2005, is amended by adding the following new
  1  3 subparagraph:
  1  4    NEW SUBPARAGRAPH.  (16)  Capital projects not otherwise
  1  5 specified in this paragraph "b", including the construction,
  1  6 reconstruction, improvement, repair, or equipping of bridges,
  1  7 roads, and culverts.
  1  8                           EXPLANATION
  1  9    This bill amends the definition of an "essential county
  1 10 purpose", allowing a county to issue general obligation bonds
  1 11 for capital projects not otherwise specifically provided for,
  1 12 to include the construction, reconstruction, improvement,
  1 13 repair, or equipping of bridges, roads, and culverts.
  1 14 LSB 6112HH 81
  1 15 eg:nh/je/5