Senate Study Bill 1129 - IntroducedA Bill ForAn Act 1relating to appropriations from the rebuild Iowa
2infrastructure fund to the department of administrative
3services for major maintenance of monuments.
4BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1   Section 1.  2016 Iowa Acts, chapter 1133, section 2, is
2amended to read as follows:
   3SEC. 2.  REVERSION.
   41.  For Except as provided in subsection 2, for purposes
5of section 8.33, unless specifically provided otherwise,
6unencumbered or unobligated moneys made from an appropriation
7in this division of this Act shall not revert but shall remain
8available for expenditure for the purposes designated until the
9close of the fiscal year that ends three years after the end of
10the fiscal year for which the appropriation is made. However,
11if the project or projects for which such appropriation was
12made are completed in an earlier fiscal year, unencumbered
13or unobligated moneys shall revert at the close of that same
14fiscal year.
   152.  For purposes of section 8.33, unless specifically
16provided otherwise, unencumbered or unobligated moneys
17appropriated and allocated for the costs of major maintenance
18of monuments without dedicated funds available for maintenance
19and restoration, in section 1, subsection 1, in this division
20of this Act, shall not revert but shall remain available for
21the purpose designated until the close of the fiscal year that
22begins July 1, 2023.
23EXPLANATION
24The inclusion of this explanation does not constitute agreement with
25the explanation’s substance by the members of the general assembly.
   26This bill makes a change to the reversion provision
27applicable to moneys appropriated from the rebuild Iowa
28infrastructure fund for FY 2016-2017 to the department of
29administrative services and allocated for the costs of major
30maintenance of monuments without dedicated funds available
31for maintenance and restoration. The bill extends the date
32for when unencumbered or unobligated moneys appropriated and
33allocated for major maintenance of such monuments reverts until
34the close of the fiscal year beginning July 1, 2023.
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