House File 623 - Introduced HOUSE FILE BY SMITH Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act establishing a capital projects fund for the Iowa veterans 2 home and making appropriations. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 2660HH 82 5 ec/je/5 PAG LIN 1 1 Section 1. NEW SECTION. 35D.19 IOWA VETERANS HOME 1 2 CONSTRUCTION FUND. 1 3 1. An Iowa veterans home construction fund is created in 1 4 the state treasury under the control of the commission for the 1 5 purpose of providing funding for capital projects at the Iowa 1 6 veterans home. The fund shall consist of appropriations made 1 7 to the fund and transfers of interest, earnings, and moneys 1 8 from other funds as provided by law. 1 9 2. Moneys in the fund shall be used as appropriated by the 1 10 general assembly for capital projects at the Iowa veterans 1 11 home, including projects in the multiyear construction program 1 12 for the construction, repair, or improvement of buildings, 1 13 grounds, or equipment at the Iowa veterans home submitted 1 14 pursuant to section 35A.10. 1 15 3. a. Notwithstanding section 12C.7, subsection 2, 1 16 interest or earnings on moneys in the Iowa veterans home 1 17 construction fund shall be credited to the Iowa veterans home 1 18 construction fund. 1 19 b. Notwithstanding section 8.33, moneys credited to the 1 20 Iowa veterans home construction fund shall not revert to the 1 21 fund from which appropriated at the close of a fiscal year. 1 22 c. If moneys are received from the United States 1 23 department of veterans affairs for capital projects at the 1 24 Iowa veterans home for which an appropriation from the Iowa 1 25 veterans home construction fund for those capital projects has 1 26 been made, the portion of the moneys received equal to the 1 27 appropriation from the Iowa veterans home construction fund 1 28 for those projects shall be credited to and deposited in the 1 29 funds from which appropriations to the Iowa veterans home 1 30 construction fund have been made on a pro rata basis. 1 31 4. Annually, on or before January 1 of each year, the 1 32 commission shall report to the general assembly the status of 1 33 all ongoing projects for which an appropriation from the fund 1 34 has been made. The report shall include but not be limited to 1 35 a description of each project, the progress of work completed, 2 1 the total estimated cost of each project, the amount of funds 2 2 expended, any federal reimbursement funds received, the amount 2 3 of funds obligated, and an estimated completion date of each 2 4 project. 2 5 Sec. 2. IOWA VETERANS HOME == CAPITAL PROJECTS == 2 6 APPROPRIATIONS == TRANSFER. 2 7 1. There is appropriated from the rebuild Iowa 2 8 infrastructure fund to the Iowa veterans home construction 2 9 fund created in section 35D.19, as enacted by this Act, for 2 10 the designated fiscal years, the following amounts: 2 11 FY 2007=2008 ..................................... $ 5,568,265 2 12 FY 2008=2009 ..................................... $ 5,568,265 2 13 FY 2009=2010 ..................................... $ 5,568,265 2 14 FY 2010=2011 ..................................... $ 5,568,265 2 15 FY 2011=2012 ..................................... $ 5,568,265 2 16 2. Notwithstanding any provision of law to the contrary, 2 17 moneys appropriated to the Iowa veterans home and unexpended 2 18 for purposes of capital improvements, renovations, or new 2 19 construction at the Iowa veterans home shall be transferred to 2 20 the Iowa veterans home construction fund created in section 2 21 35D.19, as enacted by this Act. 2 22 EXPLANATION 2 23 This bill establishes an Iowa veterans home construction 2 24 fund and provides for appropriations and transfers of money to 2 25 the fund. 2 26 The bill creates an Iowa veterans home construction fund 2 27 under the control of the commission for the purpose of funding 2 28 capital projects at the Iowa veterans home, including projects 2 29 on the multiyear construction program for the home. The bill 2 30 provides that moneys in the fund shall be used as appropriated 2 31 by the general assembly. The bill provides that interest or 2 32 earnings on moneys in the fund are credited to the fund and 2 33 moneys in the fund shall not revert at the end of a fiscal 2 34 year. The bill does provide, however, that if federal funds 2 35 are received for capital projects at the Iowa veterans home 3 1 after moneys have been appropriated for those projects from 3 2 the fund, the federal funds shall be credited to the funds 3 3 from which appropriations to the Iowa veterans home 3 4 construction fund have been made on a pro rata basis. The 3 5 bill also provides that the veterans affairs commission shall 3 6 submit an annual report to the general assembly concerning the 3 7 status of projects funded from an appropriation from the 3 8 construction fund. 3 9 The bill also appropriates over $5 million per year for 3 10 five fiscal years beginning with the fiscal year beginning 3 11 July 1, 2007, from the rebuild Iowa infrastructure fund to the 3 12 Iowa veterans home construction fund. The bill also provides 3 13 that money that has been appropriated, but unexpended, for 3 14 purposes of capital improvements, renovations, or new 3 15 construction at the Iowa veterans home shall be transferred to 3 16 the construction fund created in the bill. 3 17 LSB 2660HH 82 3 18 ec:nh/je/5