Bill Text: IA HF2644 | 2023-2024 | 90th General Assembly | Enrolled
Bill Title: A bill for an act creating a program and fund for court reporter equipment, and making appropriations. (Formerly HF 2493.) Effective date: 07/01/2024.
Spectrum: Committee Bill
Status: (Passed) 2024-05-17 - Signed by Governor. H.J. 939. [HF2644 Detail]
Download: Iowa-2023-HF2644-Enrolled.html
House
File
2644
-
Enrolled
House
File
2644
AN
ACT
CREATING
A
PROGRAM
AND
FUND
FOR
COURT
REPORTER
EQUIPMENT,
AND
MAKING
APPROPRIATIONS.
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
Section
1.
NEW
SECTION
.
15.485
Court
reporter
equipment
incentive
program.
1.
The
authority
shall
establish
and
administer
a
court
reporter
equipment
incentive
program.
The
court
reporter
equipment
incentive
program
shall
consist
of
a
student
grant
program
and
a
graduate
forgivable
loan
program.
Financial
assistance
under
the
programs
shall
be
provided
from
the
court
reporter
equipment
incentive
fund
created
in
section
15.486.
2.
A
person
enrolled
in
a
court
reporter
course
at
a
school
in
Iowa
is
eligible
to
apply
for
a
grant
under
the
student
grant
program
to
be
used
for
the
purchase
of
court
reporter
equipment
and
software
for
the
court
reporter
training
at
the
school.
3.
a.
A
person
is
eligible
to
apply
for
a
loan
under
the
graduate
forgivable
loan
program
if
the
person
meets
all
of
the
following
requirements:
(1)
The
person
is
a
newly
licensed
court
reporter
within
one
year
of
graduation
from
a
court
reporter
training
program.
(2)
The
person
is
a
resident
of
Iowa.
(3)
The
person
agrees
to
work
as
a
court
reporter
for
five
years
after
the
date
of
the
loan.
House
File
2644,
p.
2
b.
After
five
years
from
the
date
of
the
loan,
if
eligible
under
paragraph
“a”
,
the
loan
is
forgiven.
If
the
loan
is
not
forgiven,
the
authority
shall
establish
a
loan
repayment
schedule
for
repayment
of
the
loan
within
five
years.
A
loan
not
forgiven
and
defaulted
on
shall
be
referred
to
the
department
of
revenue
for
collections.
c.
A
loan
granted
under
this
subsection
shall
be
used
to
purchase
court
reporter
equipment
and
software.
4.
Applicants
to
the
court
reporter
equipment
incentive
program
who
are
doing
court-related
work
shall
receive
priority
over
applicants
who
are
not.
5.
Available
moneys
shall
be
divided
equally
among
all
applicants
during
a
fiscal
year.
Sec.
2.
NEW
SECTION
.
15.486
Court
reporter
equipment
incentive
fund.
1.
A
court
reporter
equipment
incentive
fund
is
created
in
the
state
treasury
under
the
control
of
the
authority
and
shall
consist
of
moneys
appropriated
to
the
fund
by
the
general
assembly
and
any
other
moneys
available
to
and
obtained
or
accepted
by
the
authority
for
placement
in
the
fund.
2.
The
following
accounts
are
created
within
the
court
reporter
equipment
incentive
fund:
a.
A
student
grant
account,
which
is
appropriated
to
the
authority
to
support
the
student
grant
program
created
in
section
15.485.
b.
A
graduate
forgivable
loan
account,
which
is
appropriated
to
the
authority
to
support
the
graduate
forgivable
loan
program
created
in
section
15.485.
3.
Notwithstanding
section
12C.7,
subsection
2,
interest
or
earnings
on
moneys
in
the
fund
shall
be
credited
to
the
fund.
Notwithstanding
section
8.33,
moneys
in
the
fund
that
remain
unencumbered
or
unobligated
at
the
close
of
a
fiscal
year
shall
not
revert
but
shall
remain
available
for
expenditure
for
the
purposes
designated.
For
moneys
deposited
in
the
fund
but
not
to
a
particular
account,
the
authority
shall
split
available
moneys
among
the
accounts
based
on
need
and
to
maximize
the
impact
of
available
moneys,
as
determined
by
the
authority.
Sec.
3.
APPROPRIATION
——
COURT
REPORTER
EQUIPMENT
PROGRAM.
There
is
appropriated
from
the
general
fund
of
the
House
File
2644,
p.
3
state
to
the
economic
development
authority
for
the
fiscal
year
beginning
July
1,
2024,
and
ending
June
30,
2025,
the
following
amount,
or
so
much
thereof
as
is
necessary,
to
be
used
for
the
purposes
designated:
For
deposit
in
the
court
reporter
equipment
incentive
fund
created
in
section
15.486,
as
enacted
by
this
Act:
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$
100,000
______________________________
PAT
GRASSLEY
Speaker
of
the
House
______________________________
AMY
SINCLAIR
President
of
the
Senate
I
hereby
certify
that
this
bill
originated
in
the
House
and
is
known
as
House
File
2644,
Ninetieth
General
Assembly.
______________________________
MEGHAN
NELSON
Chief
Clerk
of
the
House
Approved
_______________,
2024
______________________________
KIM
REYNOLDS
Governor
