House File 485 - 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, by specifying that bridges
2 located on secondary roads are an essential county purpose for
3 bonding and increasing the bond amounts that qualify for a
4 certain procedure for general county purpose bond issuance.
5 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
6 TLSB 2733HH 81
7 eg/sh/8
PAG LIN
1 1 Section 1. Section 331.441, subsection 2, paragraph b,
1 2 subparagraph (2), Code 2005, is amended to read as follows:
1 3 (2) Bridges on highways or parts of highways which are
1 4 located along the corporate limits of cities and are partly
1 5 within and partly without the limits and are in whole or in
1 6 part secondary roads.
1 7 Sec. 2. Section 331.442, subsection 5, paragraph a,
1 8 subparagraphs (1) through (3), Code 2005, are amended to read
1 9 as follows:
1 10 (1) In counties having a population of twenty thousand or
1 11 less, in an amount of not more than fifty four hundred
1 12 thousand dollars.
1 13 (2) In counties having a population of over twenty
1 14 thousand and not over fifty thousand, in an amount of not more
1 15 than one seven hundred thousand dollars.
1 16 (3) In counties having a population of over fifty
1 17 thousand, in an amount of not more than one hundred fifty
1 18 thousand million dollars.
1 19 EXPLANATION
1 20 This bill relates to county bonding. The bill specifies
1 21 that bridges which are located on secondary roads qualify as
1 22 an essential county purpose. The bill also raises the bond
1 23 amounts based upon county population for the issuance of
1 24 general county purpose bonds. A county board of supervisors
1 25 may, in lieu of calling an election to authorize the bonds,
1 26 follow the notice procedures under Code section 331.442,
1 27 subsection 5, for the issuance of such bonds.
1 28 LSB 2733HH 81
1 29 eg:nh/sh/8