House File 2293 - Introduced HOUSE FILE 2293 BY COMMITTEE ON VETERANS AFFAIRS (SUCCESSOR TO HSB 562) A BILL FOR An Act increasing the amount the commission of veterans affairs 1 may use from certain designated sources for the benefit of 2 veterans. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 5613HV (1) 89 dg/rn

H.F. 2293 Section 1. Section 35A.13, subsection 4, paragraph a, Code 1 2022, is amended to read as follows: 2 a. The minimum balance of the trust fund required prior 3 to expenditure of moneys from the trust fund is five million 4 dollars. Once the minimum balance is reached, the interest and 5 earnings on the fund and the first five eight hundred thousand 6 dollars transferred each fiscal year pursuant to section 99G.39 7 from the lottery fund to the trust fund are appropriated to the 8 commission to be used to achieve the purposes of subsection 6 9 of this section . Moneys appropriated to the commission that 10 remain unobligated or unexpended at the end of each fiscal year 11 shall revert to the trust fund. It is the intent of the general 12 assembly that the balance in the trust fund reach fifty million 13 dollars. 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 increases the amount the commission of veterans 18 affairs may use for the benefit of veterans pursuant to Code 19 section 35A.13, out of amounts received annually from the state 20 lottery fund, from $500,000 to $800,000. 21 -1- LSB 5613HV (1) 89 dg/rn 1/ 1