Bill Text: IA SSB1121 | 2019-2020 | 88th General Assembly | Introduced
Bill Title: A bill for an act providing for the repeal of the honey creek premier destination park bond program.
Spectrum: Committee Bill
Status: (N/A - Dead) 2019-02-07 - Subcommittee recommends passage. [SSB1121 Detail]
Download: Iowa-2019-SSB1121-Introduced.html
Senate
Study
Bill
1121
-
Introduced
SENATE/HOUSE
FILE
_____
BY
(PROPOSED
DEPARTMENT
OF
NATURAL
RESOURCES
BILL)
A
BILL
FOR
An
Act
providing
for
the
repeal
of
the
honey
creek
premier
1
destination
park
bond
program.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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H.F.
_____
Section
1.
Section
8.57F,
subsection
2,
paragraph
a,
Code
1
2019,
is
amended
by
striking
the
paragraph.
2
Sec.
2.
Section
12.30,
subsection
1,
paragraph
a,
Code
2019,
3
is
amended
to
read
as
follows:
4
a.
“Authority”
means
a
department,
or
public
or
quasi-public
5
instrumentality
of
the
state
including
but
not
limited
to
6
the
authority
created
under
chapter
12E
,
16
,
257C
,
or
261A
,
7
or
463C
,
which
has
the
power
to
issue
obligations,
except
8
that
“authority”
does
not
include
the
state
board
of
regents
9
or
the
Iowa
finance
authority
to
the
extent
it
acts
pursuant
10
to
chapter
260C
.
“Authority”
also
includes
a
port
authority
11
created
under
chapter
28J
.
12
Sec.
3.
Section
422.7,
subsection
2,
paragraph
v,
Code
2019,
13
is
amended
by
striking
the
paragraph.
14
Sec.
4.
Section
461A.1,
Code
2019,
is
amended
by
adding
the
15
following
new
subsection:
16
NEW
SUBSECTION
.
4.
“Honey
creek
resort
state
park”
or
17
“resort”
means
the
state’s
premier
destination
state
park
18
located
on
Rathbun
lake.
19
Sec.
5.
NEW
SECTION
.
461A.3A
Honey
creek
resort
state
park
20
——
findings
——
competitive
bidding.
21
1.
Honey
creek
resort
state
park
is
established
to
provide
22
important
recreational
and
economic
benefits
to
the
state.
23
2.
Competitive
bid
laws,
including
hearings
in
connection
24
with
contracts,
shall
not
apply
to
either
the
department’s
or
25
its
agents’
contracts
involving
or
benefitting
the
resort
if
26
the
contract
is
carrying
out
a
public
or
essential
governmental
27
function.
However,
the
exemption
from
competitive
bid
laws
in
28
this
section
shall
not
be
construed
to
apply
to
contracts
for
29
the
development
or
construction
of
facilities
at
the
resort,
30
including
but
not
limited
to
lodges,
campgrounds,
cabins,
and
31
golf
courses.
32
Sec.
6.
REPEAL.
Chapter
463C,
Code
2019,
is
repealed.
33
EXPLANATION
34
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
35
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the
explanation’s
substance
by
the
members
of
the
general
assembly.
1
This
bill
repeals
the
honey
creek
premier
destination
park
2
bond
program.
3
Current
law
creates
within
the
department
of
natural
4
resources
the
honey
creek
premier
destination
park
authority,
5
which
implements
and
administers
the
honey
creek
premier
6
destination
park
bond
program.
The
law
requires
the
authority
7
to
dissolve
no
later
than
two
years
after
the
date
of
final
8
payment
of
all
outstanding
bonds
and
the
satisfaction
of
all
9
outstanding
obligations
of
the
authority,
except
to
the
extent
10
necessary
to
remain
in
existence
to
fulfill
any
outstanding
11
covenants
or
provisions
with
bondholders
or
third
parties
made
12
in
accordance
with
Iowa
Code
chapter
463C.
Upon
dissolution,
13
all
assets
of
the
authority
shall
be
deposited
into
the
general
14
fund
of
the
state
unless
otherwise
directed
by
the
general
15
assembly.
16
All
outstanding
bonds
of
the
authority
were
defeased
on
17
November
25,
2013,
and
subsequently
redeemed
on
June
1,
2016.
18
The
dissolution
of
the
authority
was
effective
June
1,
2018.
19
The
bill
makes
conforming
changes
in
the
Iowa
Code
to
remove
20
references
to
the
authority.
The
bill
also
retains
language
21
regarding
competitive
bidding
that
would
otherwise
have
been
22
repealed.
23
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