Senate File 2103 - Introduced SENATE FILE 2103 BY STAED , DONAHUE , and PETERSEN A BILL FOR An Act relating to the cessation of appropriations to the Iowa 1 resources enhancement and protection fund. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 5538XS (3) 91 sb/js
S.F. 2103 Section 1. Section 455A.18, subsection 3, paragraph a, Code 1 2026, is amended to read as follows: 2 a. For each fiscal year of the fiscal period beginning 3 July 1, 1997, and ending June 30, 2028 , there is appropriated 4 from the general fund , to the Iowa resources enhancement and 5 protection fund , the amount of twenty million dollars, to be 6 used as provided in this chapter . However, in any fiscal 7 year of the fiscal period, if moneys from the lottery are 8 appropriated by the state to the fund, the amount appropriated 9 under this subsection shall be reduced by the amount 10 appropriated from the lottery. 11 EXPLANATION 12 The inclusion of this explanation does not constitute agreement with 13 the explanation’s substance by the members of the general assembly. 14 This bill relates to appropriations to the Iowa resources 15 enhancement and protection (REAP) fund. 16 Under current law, each fiscal year, $20 million is 17 appropriated from the general fund of the state to the REAP 18 fund. The annual appropriation is currently set to expire June 19 30, 2028. The bill removes the expiration date of the annual 20 appropriation to the REAP fund. 21 -1- LSB 5538XS (3) 91 sb/js 1/ 1