SF 2278 (LSB 5570SV (2) 84)

SENATE FILE 2278

BY  COMMITTEE ON STATE GOVERNMENT

(SUCCESSOR TO SF 2204)

A BILL FOR

An Act establishing a public safety training and equipment trust fund and providing for appropriations of moneys in the fund.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  NEW SECTION.  80B.11F  Public safety training and equipment trust fund.
   1.  A public safety training and equipment trust fund is created in the state treasury under the control of the council.
   2.  The trust fund shall consist of moneys deposited in the fund pursuant to section 432.1, subsection 7, and any other devise, gift, bequest, donation, federal or other grant, reimbursement, repayment, judgment, transfer, payment, or appropriation from any source intended to be used for the purposes of the trust fund. Of the moneys deposited in the trust fund, an amount equal to ten percent of the moneys deposited, or such lesser amount as determined by the council, shall be allocated to a capital projects account for the purposes of facility needs of the academy.
   3.  Moneys credited to the trust fund are not subject to section 8.33 and shall not be transferred, used, obligated, appropriated, or otherwise encumbered except as provided in this section and for succeeding fiscal years shall remain available for expenditure for purposes of the fund. Notwithstanding section 12C.7, subsection 2, interest or earnings on moneys deposited in the trust fund shall be credited to the trust fund.
   4.
  a.  Moneys in the trust fund are appropriated to the council and shall be expended upon a majority vote of the council membership and used for training costs at the academy incurred by a political subdivision of the state and for law enforcement personnel equipment costs, excluding vehicles, incurred by a political subdivision of the state. It is the intent of the general assembly that all training costs incurred by a political subdivision be reimbursed from moneys in the trust fund and that such remaining moneys in the trust fund, less such amount needed for cash flow purposes of the trust fund, be used to reimburse law enforcement personnel equipment costs in such manner as the council shall determine.
   b.  Moneys in the capital projects account of the trust fund are appropriated to the council and shall be expended upon a majority vote of the council membership and used for facility needs of the academy.
    Sec. 2.  Section 432.1, Code 2011, is amended by adding the following new subsection:
   NEW SUBSECTION.  7.  Of the amount of premium tax receipts collected pursuant to subsection 3 for the 2014 and subsequent calendar years and deposited in the general fund of the state, the department of revenue shall transfer thirty percent of such amount to the public safety training and equipment trust fund created in section 80B.11F.
EXPLANATION
   This bill establishes a public safety training and equipment trust fund under the control of the Iowa law enforcement academy council. The trust fund shall consist of moneys deposited in the fund from premium tax receipts as provided by the bill. Of the moneys deposited in the fund, 10 percent, or such lesser amount as determined by the council, shall be allocated to a capital projects account of the trust fund and shall be used for facility needs of the Iowa law enforcement academy. The remaining moneys deposited in the fund shall be used for training costs at the academy and for law enforcement personnel equipment costs, excluding vehicles, all incurred by a political subdivision of the state. The bill provides that it is the intent of the general assembly that training costs incurred by a political subdivision be fully reimbursed from moneys in the fund and that the remaining moneys in the fund, less an amount needed for cash flow purposes, be used to reimburse law enforcement personnel equipment costs. Moneys in the fund shall not revert to the general fund of the state, and interest and earnings on moneys in the fund shall remain in the fund.
   Code section 432.1, concerning tax on gross insurance premiums, is amended to provide that thirty percent of the moneys collected from premium tax receipts on insurance policies, other than life insurance policies, shall be transferred to the public safety training and equipment trust fund created by the bill beginning with premium tax receipts received during calendar year 2014. Moneys deposited in the trust fund are appropriated to the law enforcement academy council for expenditure as provided in the bill.