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House File 219 - IntroducedA Bill ForAn Act 1providing for an annual appropriation to the renewable
2fuels infrastructure fund.
3BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 Section 1. Section 8.57, subsection 5, paragraph f,
2subparagraph (1), Code 2017, is amended by adding the following
3new subparagraph division:
4 NEW SUBPARAGRAPH DIVISION. (0d) For the fiscal year
5beginning July 1, 2017, and for each fiscal year thereafter, of
6the wagering tax receipts received pursuant to sections 99D.17
7and 99F.11, the next three million dollars shall be deposited
8in the renewable fuel infrastructure fund created in section
9159A.16.
10 Sec. 2. Section 8.57, subsection 5, paragraph f,
11subparagraph (1), subparagraph division (d), Code 2017, is
12amended to read as follows:
13(d) For the fiscal year beginning July 1, 2013, and for
14each fiscal year thereafter, the total moneys in excess of the
15moneys deposited under this paragraph “f” in the revenue bonds
16debt service fund, the revenue bonds federal subsidy holdback
17fund, the vision Iowa fund, and the Iowa skilled worker and job
18creation fund, and the renewable fuel infrastructure fund shall
19be deposited in the rebuild Iowa infrastructure fund and shall
20be used as provided in this section, notwithstanding section
218.60.
22EXPLANATION
23The inclusion of this explanation does not constitute agreement with
24the explanation’s substance by the members of the general assembly.
25Each fiscal year beginning July 1, 2017, this bill
26appropriates $3 million received to the renewable fuel
27infrastructure fund created in Code section 159A.16 from
28wagering tax receipts prior to the deposit of those wagering
29tax receipts in the rebuild Iowa infrastructure fund.
-1-ec/tm
2fuels infrastructure fund.
3BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
1 Section 1. Section 8.57, subsection 5, paragraph f,
2subparagraph (1), Code 2017, is amended by adding the following
3new subparagraph division:
4 NEW SUBPARAGRAPH DIVISION. (0d) For the fiscal year
5beginning July 1, 2017, and for each fiscal year thereafter, of
6the wagering tax receipts received pursuant to sections 99D.17
7and 99F.11, the next three million dollars shall be deposited
8in the renewable fuel infrastructure fund created in section
9159A.16.
10 Sec. 2. Section 8.57, subsection 5, paragraph f,
11subparagraph (1), subparagraph division (d), Code 2017, is
12amended to read as follows:
13(d) For the fiscal year beginning July 1, 2013, and for
14each fiscal year thereafter, the total moneys in excess of the
15moneys deposited under this paragraph “f” in the revenue bonds
16debt service fund, the revenue bonds federal subsidy holdback
17fund, the vision Iowa fund, and the Iowa skilled worker and job
18creation fund, and the renewable fuel infrastructure fund shall
19be deposited in the rebuild Iowa infrastructure fund and shall
20be used as provided in this section, notwithstanding section
218.60.
22EXPLANATION
23The inclusion of this explanation does not constitute agreement with
24the explanation’s substance by the members of the general assembly.
25Each fiscal year beginning July 1, 2017, this bill
26appropriates $3 million received to the renewable fuel
27infrastructure fund created in Code section 159A.16 from
28wagering tax receipts prior to the deposit of those wagering
29tax receipts in the rebuild Iowa infrastructure fund.
-1-ec/tm