House File 2630 - Introduced
HOUSE FILE
BY EICHHORN, BAUDLER, TJEPKES,
KURTENBACH, WILDERDYKE, TOMENGA,
JONES, HUSEMAN, GRANZOW, ALONS,
WATTS, DE BOEF, FREEMAN, CARROLL,
ANDERSON, MAY, CHAMBERS, PAULSEN,
STRUYK, UPMEYER, VAN ENGELENHOVEN,
ELGIN, ROBERTS, SANDS, JACOBS,
LALK, RASMUSSEN, SODERBERG, DRAKE,
RAYHONS, GREINER, HOFFMAN,
and HUTTER
Passed House, Date Passed Senate, Date
Vote: Ayes Nays Vote: Ayes Nays
Approved
A BILL FOR
1 An Act relating to the state general fund expenditure limitation
2 by providing for inclusion of appropriations previously made
3 from the general fund of the state, and providing effective
4 and applicability dates.
5 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
6 TLSB 5665HH 81
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PAG LIN
1 1 Section 1. Section 8.54, Code 2005, is amended by adding
1 2 the following new subsection:
1 3 NEW SUBSECTION. 8. If an appropriation is made for a
1 4 fiscal year from a source other than the general fund of the
1 5 state for a designated purpose and in either of the two fiscal
1 6 years immediately preceding that fiscal year the designated
1 7 purpose was funded by an appropriation from the general fund
1 8 of the state, for the purposes of the state general fund
1 9 expenditure limitation, the amount of the appropriation from
1 10 the other source shall be considered to have been transferred
1 11 to and appropriated from the general fund of the state and
1 12 shall be counted as both a new revenue causing readjustment of
1 13 the expenditure limitation amount and as an appropriation made
1 14 under the expenditure limitation amount. The requirements of
1 15 this subsection shall apply to either or both the initial and
1 16 immediately succeeding fiscal years for which the
1 17 appropriation is made from the other funding source.
1 18 Sec. 2. EFFECTIVE AND APPLICABILITY DATES.
1 19 1. This Act takes effect July 1, 2006.
1 20 2. The provisions of this Act shall be applied to the
1 21 state general fund expenditure limitation in phases as
1 22 follows:
1 23 a. For the limitation applicable to the fiscal year
1 24 beginning July 1, 2007, one=third of the amount of an
1 25 appropriation made from the other source shall be counted as
1 26 both a new revenue causing readjustment of the expenditure
1 27 limitation amount and as an appropriation made under the
1 28 expenditure limitation amount.
1 29 b. For the limitation applicable to the fiscal year
1 30 beginning July 1, 2008, two=thirds of the amount of an
1 31 appropriation made from the other source shall be counted as
1 32 both a new revenue causing readjustment of the expenditure
1 33 limitation amount and as an appropriation made under the
1 34 expenditure limitation amount.
1 35 c. For the limitation applicable to the fiscal year
2 1 beginning July 1, 2009, and subsequent fiscal years, all of
2 2 the amount of an appropriation made from the other source
2 3 shall be counted as both a new revenue causing readjustment of
2 4 the expenditure limitation amount and as an appropriation made
2 5 under the expenditure limitation amount.
2 6 EXPLANATION
2 7 This bill relates to the state general fund expenditure by
2 8 providing for inclusion under the limitation of appropriations
2 9 previously made from the general fund.
2 10 The bill provides that if an appropriation is made for a
2 11 fiscal year from a source other than the general fund of the
2 12 state for a designated purpose and in either of the two fiscal
2 13 years immediately preceding that fiscal year the designated
2 14 purpose was funded by an appropriation from the general fund
2 15 of the state, for the purposes of the state general fund
2 16 expenditure limitation, the appropriation from the other
2 17 source shall be considered to have been transferred to and
2 18 appropriated from the general fund of the state and shall be
2 19 counted as both a new revenue and an appropriation made under
2 20 the expenditure limitation amount. "New revenue" is a defined
2 21 term that means a revenue amount that was not included in the
2 22 estimate made by the revenue estimating conference that was
2 23 used to calculate the initial state general fund expenditure
2 24 limitation for a fiscal year. The state general fund
2 25 expenditure limitation is adjusted to include 95 percent of
2 26 the new revenue. The requirements apply to the initial and
2 27 immediately succeeding fiscal years for which the
2 28 appropriation is made from the other funding source.
2 29 The bill takes effect July 1, 2006, and is applicable to
2 30 the state general fund expenditure limitation in phases of
2 31 one=third per year commencing with the limitation established
2 32 for the fiscal year beginning July 1, 2007. Full
2 33 implementation commences with the fiscal year beginning July
2 34 1, 2009.
2 35 LSB 5665HH 81
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