House File 2359 - Reprinted HOUSE FILE BY COMMITTEE ON VETERANS AFFAIRS (SUCCESSOR TO HF 2158) Passed House, Date Passed Senate, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act concerning veterans, including expenditures from the 2 veterans trust fund and authorization of lottery games for 3 veterans. 4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 5 TLSB 5941HV 82 6 ec/nh/5 PAG LIN 1 1 Section 1. Section 35A.13, subsection 5, Code Supplement 1 2 2007, is amended to read as follows: 1 3 5. The minimum balance of the trust fund required prior to 1 4 expenditure of moneys from the trust fund isfifty million 1 5 dollars. However, for the fiscal period beginning July 1, 1 6 2006, and ending June 30, 2009, the minimum balance of the 1 7 trust fund required prior to expenditure of moneys from the 1 8 trust fund isfive million dollars. Once the minimum balance 1 9 is reached, the interest and earnings on the fund and any 1 10 moneys received under subsection 3, paragraph "a", are 1 11 appropriated to the commission to be used to achieve the 1 12 purposes of this section. It is the intent of the general 1 13 assembly that the balance in the trust fund reach fifty 1 14 million dollars. 1 15 Sec. 2. NEW SECTION. 99G.9A LIMITED SERIES OF LOTTERY 1 16 GAMES PROVIDING AID FOR VETERANS. 1 17 The chief executive officer, in consultation with the 1 18 board, shall develop and conduct two additional instant 1 19 scratch and two additional pull tab lottery games annually to 1 20 provide moneys for the benefit of veterans and their spouses 1 21 and dependents. The moneys received from the sale of tickets 1 22 for each lottery game shall be deposited in a special account 1 23 in the lottery fund. Notwithstanding section 99G.39, after 1 24 payment of the prizes, the remaining moneys shall be 1 25 transferred to the veterans trust fund established pursuant to 1 26 section 35A.13. However, if the balance of the veterans trust 1 27 fund is fifty million dollars or more, the remaining moneys 1 28 shall be appropriated to the department of revenue for 1 29 distribution to county directors of veteran affairs, with 1 30 fifty percent of the money to be distributed equally to each 1 31 county and fifty percent of the money to be distributed to 1 32 each county based upon the population of veterans in the 1 33 county, so long as the money distributed to a county does not 1 34 supplant money appropriated by that county for the county 1 35 director of veteran affairs. 2 1 HF 2359 2 2 ec/jg/25