S.F. 217 Section 1. Section 15F.107, Code 2017, is amended to read 1 as follows: 2 15F.107 Enhance Iowa fund and appropriation . 3 1. a. The authority shall establish a fund pursuant to 4 section 15.106A, subsection 1 , paragraph “o” , for purposes of 5 allocating moneys to programs specified in an appropriation 6 made to the enhance Iowa fund described in this section . 7 A fund established for purposes of this section may be 8 administered as a revolving fund and may consist of any moneys 9 appropriated by the general assembly for purposes of this 10 section . 11 b. Notwithstanding section 8.33 , at the end of each fiscal 12 year moneys in a fund established for purposes of this section 13 shall not revert to any other fund but shall remain in the fund 14 for expenditure for subsequent fiscal years. 15 c. Notwithstanding section 12C.7, subsection 2 , interest or 16 earnings on moneys in the fund shall be credited to the fund. 17 Repayments and recaptures of program moneys shall be credited 18 to the fund. 19 2. Commencing with appropriations made for purposes of 20 this section for the fiscal year beginning July 1, 2017, and 21 for each fiscal year thereafter, not to exceed a total of ten 22 fiscal year appropriations, if moneys are transferred to the 23 general fund of the state pursuant to section 8.55, subsection 24 2, paragraph “b” , during a fiscal year in an amount that exceeds 25 one hundred million dollars, there is appropriated from the 26 general fund of the state to the authority for deposit in 27 the fund created pursuant to subsection 1, for that fiscal 28 year, twenty-five million dollars to be used for the purposes 29 designated in this section. 30 3. Moneys appropriated to the fund pursuant to subsection 2 31 shall be allocated by the authority for the following purposes 32 and in the following amounts: 33 a. For purposes of administration, marketing enhance Iowa 34 programs, expenses, and compensation of board members, two 35 -1- LSB 1412XS (4) 87 aw/sc 1/ 4

S.F. 217 hundred fifty thousand dollars. 1 b. For deposit in the sports tourism program fund 2 established pursuant to section 15F.403, one million dollars. 3 c. For deposit in the community attraction and tourism fund 4 established pursuant to section 15F.204, three million dollars. 5 d. For deposit in the river enhancement community attraction 6 and tourism fund established pursuant to section 15F.205, two 7 million dollars. 8 e. For allocation as grants, at the discretion of the 9 board, to the department of natural resources, the department 10 of transportation, or the department of agriculture and land 11 stewardship as follows: 12 (1) For purposes of improving state parks infrastructure, 13 financing low head dam mitigation or removal projects, or 14 funding projects under the natural resources account created in 15 section 461.32 in the natural resources and outdoor recreation 16 trust fund, two million dollars. 17 (2) For purposes of funding projects under the watershed 18 protection account created in section 461.34 in the natural 19 resources and outdoor recreation trust fund, two million 20 dollars. 21 (3) For purposes of funding projects under the trails 22 account created in section 461.37 in the natural resources and 23 outdoor recreation trust fund, two million dollars. 24 (4) The departments of natural resources, transportation, 25 and agriculture and land stewardship shall submit applications 26 to the board for each project to be funded pursuant to this 27 paragraph “e” . The board shall prioritize the projects and 28 negotiate with the departments on which projects to fund 29 pursuant to this paragraph “e” . 30 f. For allocation to the funds, programs, and purposes 31 described in paragraphs “a” through “e” , at the discretion of 32 the board, twelve million seven hundred fifty thousand dollars. 33 4. Moneys allocated pursuant to subsection 3, paragraphs “e” 34 and “f” , to the department of natural resources shall not be 35 -2- LSB 1412XS (4) 87 aw/sc 2/ 4

S.F. 217 expended by the department for the purpose of acquiring lands, 1 waters, or interests in lands and waters. 2 5. If, at any point in a fiscal year, the board determines 3 that demand for any one of the purposes described in subsection 4 3 will not meet or exceed the amounts initially allocated, the 5 board may reallocate amounts from one purpose to any of the 6 other purposes for that fiscal year or may carry the moneys 7 allocated to any one purpose over to a future fiscal year for 8 that same purpose in the next fiscal year. 9 2. 6. The authority shall submit a report to the general 10 assembly and the governor’s office each year that moneys are 11 appropriated to the fund established in this section describing 12 the use of moneys and the results achieved under each of the 13 programs receiving fund moneys. 14 EXPLANATION 15 The inclusion of this explanation does not constitute agreement with 16 the explanation’s substance by the members of the general assembly. 17 This bill provides for contingent appropriations to, and 18 allocations from, the enhance Iowa fund. The bill requires a 19 contingent fiscal year appropriation of $25 million from the 20 general fund of the state to the enhance Iowa fund. The bill 21 provides for appropriations in that amount for 10 fiscal years, 22 beginning with the 2017-2018 fiscal year. Under the bill, 23 the $25 million appropriation occurs only if the general fund 24 receives a transfer of over $100 million in that fiscal year 25 from the Iowa economic emergency fund, pursuant to Code section 26 8.55. Moneys in the fund shall not revert to the general 27 fund and interest and earnings on the fund are required to be 28 credited to the fund. 29 The bill requires that the authority allocate moneys in 30 the fund to specified funds or accounts or for specified 31 purposes. The bill allows the enhance Iowa board (board) to 32 reallocate amounts from one purpose to other purposes if the 33 board determines that demand for one purpose will not meet 34 or exceed the amounts allocated for that purpose. The bill 35 -3- LSB 1412XS (4) 87 aw/sc 3/ 4

S.F. 217 provides for the following allocations in fiscal years when the 1 fund receives the appropriation of $25 million: 2 1. $250,000 for administration, expenses, and compensation of 3 board members, and marketing enhance Iowa programs. 4 2. $1 million for deposit in the sports program fund. 5 3. $3 million for deposit in the community attraction and 6 tourism fund. 7 4. $2 million for deposit in the river enhancement community 8 attraction and tourism fund. 9 5. $6 million for allocation as grants, at the discretion 10 of the board, to the department of natural resources, 11 the department of transportation, or the department of 12 agriculture and land stewardship for specified allowable 13 purposes. Under the bill, the departments are required 14 to submit applications to the board for each project to 15 be funded from the $6 million allocation and the board is 16 required to prioritize the projects and negotiate with the 17 departments on which projects to fund. 18 6. $12.75 million for allocation, at the discretion of the 19 board, to the above-listed funds, programs, and purposes. 20 Under the bill, the department of natural resources is 21 prohibited from using moneys from the fund to acquire lands, 22 waters, and interests in lands and waters. 23 -4- LSB 1412XS (4) 87 aw/sc 4/ 4