HF 2640 (LSB 5980HZ (1) 90)

HOUSE FILE 2640

BY  COMMITTEE ON APPROPRIATIONS

(SUCCESSOR TO HF 2525)
(SUCCESSOR TO HSB 657)

A BILL FOR

An Act making an appropriation to support efforts relating to commissioning the U.S.S. Iowa SSN 797, and including effective date provisions.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  ECONOMIC DEVELOPMENT AUTHORITY —— U.S.S. IOWA —— APPROPRIATIONS.
   1.  There is appropriated from the general fund of the state to the economic development authority for the fiscal year beginning July 1, 2023, and ending June 30, 2024, the following amount, or so much thereof as is necessary, to be used for the purposes designated:
   For providing a grant to the SSN 797 commissioning committee in support of the U.S.S. Iowa (SSN 797):
   ...................................................................... $     75,000

   2.  The economic development authority may use not more than five percent of the moneys appropriated in this section for purposes of administrative costs, marketing, technical assistance, and other program support.
    Sec. 2.  REVERSION.  For purposes of section 8.33, unencumbered or unobligated moneys from an appropriation made in this Act shall not revert but shall remain available for expenditure for the purpose designated until the close of the fiscal year beginning July 1, 2024.
    Sec. 3.  EFFECTIVE DATE.  This Act, being deemed of immediate importance, takes effect upon enactment.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill provides a general fund appropriation to the economic development authority for purposes of providing a grant to the SSN 797 commissioning committee in support of commissioning the U.S.S. Iowa (SSN 797), a nuclear submarine. The bill takes effect upon enactment.