Iowa-2015-HF2058-Introduced
House File 2058 - Introduced
HOUSE FILE
BY PETTENGILL
A BILL FOR
1 An Act relating to requirements for the transfer of township
2 funds raised for purposes of acquiring a public hall.
3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
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PAG LIN
1 1 Section 1. Section 360.3, Code 2016, is amended to read as
1 2 follows:
1 3 360.3 Transfer of fund.
1 4 When there are funds in under the hands control of a township
1 5 clerk, raised under this chapter which are not desired for the
1 6 purposes for which they were raised, the funds trustees may,
1 7 by majority vote, order that the funds be transferred to the
1 8 general fund of a school district or districts pro rata in
1 9 which the funds were raised, when a petition is presented to
1 10 the trustees, signed by a majority of the registered voters of
1 11 the township, as shown by the election register or registers
1 12 of the last preceding primary or general election held in the
1 13 township. The transfer of funds shall be made by the township
1 14 clerk upon order of the trustees after the filing of the
1 15 petition with the clerk.
1 16 EXPLANATION
1 17 The inclusion of this explanation does not constitute agreement with
1 18 the explanation's substance by the members of the general assembly.
1 19 This bill relates to requirements for the transfer of
1 20 township funds collected for purposes of purchasing or
1 21 lease=purchasing a public hall. Under current law, public hall
1 22 funds that are not needed for purposes of acquiring a public
1 23 hall may be transferred by order of the trustees to the general
1 24 funds of the school districts where the funds were raised upon
1 25 receipt of a petition presented by registered voters of the
1 26 township. Under the bill, such funds may be transferred to
1 27 school district general funds by order of the trustees upon a
1 28 majority vote of the township trustees.
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