Bill Text: IA HF2322 | 2013-2014 | 85th General Assembly | Introduced
Bill Title: A bill for an act providing for certain moneys generated from the corporate income tax, including by providing for the transfer of such moneys to an Iowa conservation, outdoor recreation, and economy fund and the allocation from that fund to specific funds relating to soil and water conservation, natural resources, and the environment and making appropriations.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2014-03-24 - Subcommittee, Windschitl, Sands, and Thomas. H.J. 566. [HF2322 Detail]
Download: Iowa-2013-HF2322-Introduced.html
House
File
2322
-
Introduced
HOUSE
FILE
2322
BY
THOMAS
and
BEARINGER
A
BILL
FOR
An
Act
providing
for
certain
moneys
generated
from
the
1
corporate
income
tax,
including
by
providing
for
the
2
transfer
of
such
moneys
to
an
Iowa
conservation,
outdoor
3
recreation,
and
economy
fund
and
the
allocation
from
4
that
fund
to
specific
funds
relating
to
soil
and
water
5
conservation,
natural
resources,
and
the
environment
and
6
making
appropriations.
7
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
8
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Section
1.
NEW
SECTION
.
161A.77
Soil
and
water
conservation
1
cost-share
fund.
2
1.
A
soil
and
water
conservation
cost-share
fund
is
created
3
within
the
state
treasury
under
the
control
of
the
division.
4
2.
The
fund
is
composed
of
moneys
from
public
or
private
5
sources,
including
all
of
the
following:
6
a.
Moneys
appropriated
from
the
Iowa
conservation,
outdoor
7
recreation,
and
economy
fund
created
in
section
461.41.
8
b.
Moneys
available
to
and
obtained
or
accepted
by
the
9
division
from
the
United
States
government.
10
c.
The
recapture
of
awards
or
penalties,
or
other
repayments
11
of
moneys
originating
from
the
fund.
12
3.
Moneys
in
the
fund
are
appropriated
to
the
division
13
exclusively
to
support
soil
and
water
conservation
districts
14
in
financing
permanent
soil
and
water
conservation
practices
15
within
their
districts
on
a
cost-share
basis
as
provided
in
16
this
chapter.
17
4.
The
moneys
appropriated
in
this
section
shall
be
18
appropriated
to
soil
and
water
conservation
districts
according
19
to
rules
adopted
by
the
division
in
accordance
with
policies
20
established
by
the
committee
pursuant
to
section
161A.4.
21
5.
a.
Notwithstanding
section
12C.7,
interest
or
earnings
22
on
moneys
in
the
fund
shall
be
credited
to
the
fund.
23
b.
Notwithstanding
section
8.33,
unencumbered
and
24
unobligated
moneys
remaining
in
the
fund
at
the
close
of
each
25
fiscal
year
shall
not
revert
but
shall
remain
available
in
the
26
fund.
27
6.
This
section
is
repealed
on
the
date
that
revenues
are
28
transferred
to
the
natural
resources
and
outdoor
recreation
29
trust
fund
created
in
section
461.31
pursuant
to
section
423.2,
30
subsection
11,
paragraph
“b”
,
subparagraph
(2).
However,
any
31
unobligated
or
unexpended
moneys
shall
remain
available
to
be
32
expended
as
provided
in
this
section.
33
Sec.
2.
Section
422.69,
Code
2014,
is
amended
by
adding
the
34
following
new
subsection:
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NEW
SUBSECTION
.
3.
a.
Subsequent
to
the
deposit
of
revenue
1
collected
from
income
taxes
imposed
under
division
III
to
the
2
general
fund,
the
department
shall
transfer
ten
percent
of
3
such
revenue
to
the
Iowa
conservation,
outdoor
recreation,
and
4
economy
fund
created
in
section
461.41.
5
b.
This
subsection
is
repealed
on
the
date
that
revenues
6
are
transferred
to
the
natural
resources
and
outdoor
recreation
7
trust
fund
pursuant
to
section
423.2,
subsection
11,
paragraph
8
“b”
,
subparagraph
(2),
and
any
remaining
revenues
that
were
9
to
be
transferred
prior
to
the
date
they
are
transferred
as
10
provided
in
paragraph
“a”
.
11
Sec.
3.
Section
461.31,
subsection
2,
paragraph
a,
Code
12
2014,
is
amended
to
read
as
follows:
13
a.
(1)
The
trust
fund
shall
be
composed
of
moneys
required
14
to
be
credited
to
the
trust
fund
by
law
and
moneys
accepted
by
15
a
department
for
placement
in
an
account
established
in
this
16
subchapter
and
from
any
source.
17
(2)
(a)
The
trust
fund
shall
also
be
composed
of
moneys
18
appropriated
from
the
Iowa
conservation,
outdoor
recreation,
19
and
economy
fund
as
provided
in
section
461.41.
20
(b)
This
subparagraph
is
repealed
on
the
date
that
revenues
21
are
transferred
to
the
natural
resources
and
outdoor
recreation
22
trust
fund
pursuant
to
section
423.2,
subsection
11,
paragraph
23
“b”
,
subparagraph
(2).
24
Sec.
4.
NEW
SECTION
.
461.41
Iowa
conservation,
outdoor
25
recreation,
and
economy
fund.
26
1.
An
Iowa
conservation,
outdoor
recreation,
and
economy
27
fund
is
created
within
the
state
treasury
under
the
control
of
28
the
department.
29
2.
The
fund
is
composed
of
moneys
from
public
or
private
30
sources,
including
all
of
the
following:
31
a.
Moneys
transferred
from
the
general
fund
of
the
state
32
pursuant
to
section
422.69.
33
b.
Moneys
available
to
and
obtained
or
accepted
by
the
34
division
from
the
United
States
government.
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3.
The
revenues
are
transferred
to
the
following
specific
1
funds
as
follows:
2
a.
Fifty
percent
to
the
natural
resources
and
outdoor
3
recreation
trust
fund
created
in
section
461.31.
4
b.
Twenty-five
percent
to
the
water
quality
initiative
fund
5
created
in
section
466B.45.
6
c.
Fifteen
percent
to
the
soil
and
water
conservation
7
cost-share
fund
created
in
section
161A.77.
8
d.
Five
percent
to
the
watershed
improvement
fund
created
9
in
section
466A.2.
10
e.
Five
percent
to
the
watershed
conservation
reserve
11
enhancement
program
fund
created
in
section
466.5A.
12
4.
This
section
is
repealed
on
the
date
that
revenues
are
13
transferred
to
the
natural
resources
and
outdoor
recreation
14
trust
fund
pursuant
to
section
423.2,
subsection
11,
paragraph
15
“b”
,
subparagraph
(3),
and
any
moneys
remaining
in
the
fund
are
16
appropriated
to
the
specific
funds
provided
in
subsection
2.
17
Sec.
5.
NEW
SECTION
.
466.5A
Conservation
reserve
18
enhancement
program
fund.
19
1.
A
watershed
conservation
reserve
enhancement
program
20
fund
is
created
within
the
department
of
agriculture
and
land
21
stewardship
under
the
control
of
the
department.
22
2.
The
fund
is
composed
of
moneys
from
public
or
private
23
sources,
including
all
of
the
following:
24
a.
Moneys
appropriated
from
the
Iowa
conservation,
outdoor
25
recreation,
and
economy
fund
created
in
section
461.41.
26
b.
Moneys
available
to
and
obtained
or
accepted
by
the
27
division
from
the
United
States
government.
28
c.
The
recapture
of
awards
or
penalties,
or
other
repayments
29
of
moneys
originating
from
the
fund.
30
3.
Moneys
in
the
fund
are
appropriated
to
the
department
31
exclusively
to
carry
out
the
purposes
of
the
conservation
32
reserve
enhancement
program
established
in
section
466.5.
33
4.
a.
Notwithstanding
section
12C.7,
interest
or
earnings
34
on
moneys
in
the
fund
shall
be
credited
to
the
fund.
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b.
Notwithstanding
section
8.33,
unencumbered
and
1
unobligated
moneys
remaining
in
the
fund
at
the
close
of
each
2
fiscal
year
shall
not
revert
but
shall
remain
available
in
the
3
fund.
4
5.
This
section
is
repealed
on
the
date
that
revenues
are
5
transferred
to
the
natural
resources
and
outdoor
recreation
6
trust
fund
pursuant
to
section
423.2,
subsection
11,
paragraph
7
“b”
,
subparagraph
(2).
However,
any
unobligated
or
unexpended
8
moneys
shall
remain
available
to
be
expended
as
provided
in
9
this
section.
10
Sec.
6.
Section
466A.2,
subsection
1,
paragraph
a,
Code
11
2014,
is
amended
to
read
as
follows:
12
a.
(1)
A
watershed
improvement
fund
is
created
in
the
13
state
treasury
which
shall
be
administered
by
the
treasurer
of
14
state
under
the
supervision
of
the
watershed
improvement
review
15
board.
Moneys
in
the
fund
are
appropriated
to
the
treasurer
of
16
state
for
expenditure
as
authorized
by
the
board
to
carry
out
17
the
purposes
of
this
chapter
.
The
fund
shall
include
moneys
18
appropriated
by
the
general
assembly.
The
fund
may
include
19
other
moneys
available
to
and
obtained
or
accepted
by
the
20
division,
including
moneys
from
public
or
private
sources.
21
(2)
(a)
The
fund
shall
also
be
composed
of
moneys
22
appropriated
from
the
Iowa
conservation,
outdoor
recreation,
23
and
economy
fund
as
provided
in
section
461.41.
24
(b)
This
subparagraph
is
repealed
on
the
date
that
revenues
25
are
transferred
to
the
natural
resources
and
outdoor
recreation
26
trust
fund
pursuant
to
section
423.2,
subsection
11,
paragraph
27
“b”
,
subparagraph
(2).
28
Sec.
7.
Section
466B.45,
subsection
2,
Code
2014,
is
amended
29
to
read
as
follows:
30
2.
a.
The
fund
shall
include
moneys
appropriated
by
the
31
general
assembly.
The
fund
may
include
other
moneys
available
32
to
and
obtained
or
accepted
by
the
division,
including
moneys
33
from
public
or
private
sources.
34
b.
(1)
The
fund
shall
also
be
composed
of
moneys
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appropriated
from
the
Iowa
conservation,
outdoor
recreation,
1
and
economy
fund
as
provided
in
section
461.41.
2
(2)
This
paragraph
“b”
is
repealed
on
the
date
that
revenues
3
are
transferred
to
the
natural
resources
and
outdoor
recreation
4
trust
fund
pursuant
to
section
423.2,
subsection
11,
paragraph
5
“b”
,
subparagraph
(2).
6
EXPLANATION
7
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
8
the
explanation’s
substance
by
the
members
of
the
general
assembly.
9
This
bill
provides
that
10
percent
of
revenues
from
10
corporate
income
taxes
that
are
now
deposited
into
the
11
general
fund
of
the
state
are
to
be
transferred
to
a
new
Iowa
12
conservation,
outdoor
recreation,
and
economy
fund,
and
from
13
that
fund
are
to
be
further
transferred
to
a
number
of
specific
14
funds,
including
the
natural
resources
and
outdoor
recreation
15
trust
fund
(Code
section
461.31),
the
water
quality
initiative
16
fund
(Code
section
466B.45),
a
new
soil
and
water
conservation
17
cost-share
fund
to
support
soil
and
water
conservation
18
districts
in
financing
permanent
soil
and
water
conservation
19
practices
(new
Code
section
161A.77),
the
watershed
improvement
20
fund
(Code
section
466A.2),
and
a
new
watershed
conservation
21
reserve
enhancement
program
fund
(new
Code
section
466.5A)
to
22
carry
out
the
purposes
of
the
conservation
reserve
enhancement
23
program
(Code
section
466.5).
The
bill
provides
that
the
24
percentage
of
corporate
income
tax
revenues
will
no
longer
25
be
transferred
from
the
general
fund
of
the
state
to
the
new
26
fund
and
that
the
new
fund
along
with
the
other
special
funds
27
created
in
the
bill
will
be
eliminated
upon
the
implementation
28
of
Article
VII,
section
10,
of
the
Constitution
of
the
State
29
of
Iowa.
That
provision
requires
the
transfer
of
revenue
30
generated
by
an
increase
of
up
to
three-eighths
of
one
percent
31
imposed
upon
the
retail
sales
price
of
tangible
personal
32
property
and
the
furnishing
of
enumerated
services
sold
in
this
33
state.
Those
moneys
are
to
be
distributed
to
various
accounts
34
to
support
initiatives
relating
to
soil
and
water
conservation,
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