Bill Text: IA SF217 | 2015-2016 | 86th General Assembly | Enrolled
Bill Title: A bill for an act concerning Iowa finance authority duties regarding the title guaranty board and the shelter assistance fund. (Formerly SSB 1117.) Effective 7-1-15.
Sponsorship: Committee Bill
Status: (Passed) 2015-04-08 - Signed by Governor. S.J. 830. [SF217 Detail]
Download: Iowa-2015-SF217-Enrolled.html
Senate File 217 - Enrolled
SENATE FILE
BY COMMITTEE ON ECONOMIC
GROWTH
(SUCCESSOR TO SSB
1117)
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A BILL FOR
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Senate File 217
AN ACT
CONCERNING IOWA FINANCE AUTHORITY DUTIES REGARDING THE TITLE
GUARANTY BOARD AND THE SHELTER ASSISTANCE FUND.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
Section 1. Section 16.2A, subsection 7, Code 2015, is
amended to read as follows:
7. Members shall elect a chair and vice chair annually and
other officers as they determine. The executive director or
the executive director's designee shall serve as secretary to
the board.
Sec. 2. Section 16.41, subsection 1, Code 2015, is amended
to read as follows:
1. A shelter assistance fund is created as a revolving
fund in the state treasury under the control of the authority
consisting of any moneys appropriated by the general assembly
and received under section 428A.8 for purposes of the
rehabilitation, expansion, or costs of operations of group
home shelters for the homeless and domestic violence shelters,
essential services for the homeless, and evaluation and
reporting of services for the homeless, and match moneys for
federal funds for the homeless management information system.
Each fiscal year, moneys in the fund, in an amount equal to not
more than two three percent of the total moneys distributed as
grants from the fund during the fiscal year, may be used for
purposes of administering the fund.
Sec. 3. Section 16.41, subsection 2, Code 2015, is amended
by striking the subsection and inserting in lieu thereof the
following:
2. The authority shall award grants annually to qualified
applicants on a competitive basis. The authority shall
establish application procedures, requirements, priorities, and
maximum and minimum grant award amounts for each annual grant
competition.
PAM JOCHUM
President of the Senate
KRAIG PAULSEN
Speaker of the House
I hereby certify that this bill originated in the Senate and
is known as Senate File 217, Eighty=sixth General Assembly.
MICHAEL E. MARSHALL
Secretary of the Senate
Approved , 2015
TERRY E. BRANSTAD
Governor
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