Senate Joint Resolution 2002 - Introduced
SENATE JOINT RESOLUTION
BY COMMITTEE ON NATURAL RESOURCES
AND ENVIRONMENT
(SUCCESSOR TO SSB 3250)
Passed Senate, Date Passed House, Date
Vote: Ayes Nays Vote: Ayes Nays
Approved
SENATE JOINT RESOLUTION
1 A Joint Resolution proposing an amendment to the Constitution of
2 the State of Iowa to dedicate a portion of state revenue from
3 the tax imposed on certain retail sales of tangible personal
4 property and services for the benefit of the state's natural
5 resources.
6 BE IT RESOLVED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
7 TLSB 6554SV 82
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PAG LIN
1 1 Section 1. The following amendment to the Constitution of
1 2 the State of Iowa is proposed:
1 3 Article VII of the Constitution of the State of Iowa is
1 4 amended by adding the following new section:
1 5 NATURAL RESOURCES. SEC. 10. A natural resources and
1 6 outdoor recreation trust fund is created within the treasury
1 7 for the purposes of protecting and enhancing water quality and
1 8 natural areas in this State including parks, trails, and fish
1 9 and wildlife habitat, and conserving agricultural soils in
1 10 this State. Moneys in the fund shall be exclusively
1 11 appropriated by law for these purposes.
1 12 The general assembly shall provide by law for the
1 13 implementation of this section, including by providing for the
1 14 administration of the fund and at least annual audits of the
1 15 fund.
1 16 Except as otherwise provided in this section, the fund
1 17 shall be annually credited with an amount equal to the amount
1 18 generated by a sales tax rate of three=eighths of one percent
1 19 as may be imposed upon the retail sales price of tangible
1 20 personal property and the furnishing of enumerated services
1 21 sold in this State.
1 22 No revenue shall be credited to the fund until the tax rate
1 23 for the sales tax imposed upon the retail sales price of
1 24 tangible personal property and the furnishing of enumerated
1 25 services sold in this State in effect on the effective date of
1 26 this section is increased. After such an increased tax rate
1 27 becomes effective, an amount equal to the amount generated by
1 28 the increase in the tax rate shall be annually credited to the
1 29 fund, not to exceed an amount equal to the amount generated by
1 30 a tax rate of three=eighths of one percent imposed upon the
1 31 retail sales price of tangible personal property and the
1 32 furnishing of enumerated services sold in this State.
1 33 Sec. 2. REFERRAL AND PUBLICATION. The foregoing proposed
1 34 amendment to the Constitution of the State of Iowa is referred
1 35 to the General Assembly to be chosen at the next general
2 1 election for members of the General Assembly and the Secretary
2 2 of State is directed to cause it to be published for three
2 3 consecutive months before the date of the election as provided
2 4 by law.
2 5 EXPLANATION
2 6 This joint resolution proposes an amendment to the
2 7 Constitution of the State of Iowa to dedicate a portion of
2 8 state sales and service tax revenue for the benefit of water
2 9 quality, natural areas, and agricultural soils in this state.
2 10 The joint resolution establishes a natural resources and
2 11 outdoor recreation trust fund. The joint resolution credits
2 12 the fund with an amount equal to the amount generated by a
2 13 sales tax rate of three=eighths of 1 percent as may be imposed
2 14 upon the retail sales price of tangible personal property and
2 15 the furnishing of enumerated services sold in this state.
2 16 The joint resolution provides that no revenue is to be
2 17 credited to the fund until the tax rate in effect on the
2 18 effective date of the joint resolution is increased. After
2 19 the increased tax rate becomes effective, an amount equal to
2 20 the amount generated by the increase in the tax rate is
2 21 credited to the fund, not to exceed the amount generated by
2 22 the tax rate of three=eighths of 1 percent.
2 23 The proposed amendment to the Constitution of the State of
2 24 Iowa, if adopted, would be referred to the Eighty=third
2 25 General Assembly for adoption a second time, before being
2 26 submitted to the electorate for ratification.
2 27 LSB 6554SV 82
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