Amendment H-8189 to HF 2557
Relating to transportation and other infrastructure-related appropriations to the department of transportation, including allocation and use of moneys from the road use tax fund and the primary road fund
Adopted · March 22, 2022
Filed March 16, 2022 in the House by
What it changes
AI summary This amendment changes the rules for how long unused money can be kept for certain projects. It changes the timeframe for some funds so they remain available for up to three years instead of being subject to different expiration rules.1
Read the amendment’s wording
- Page 5, after line 28 by inserting: “Sec. ___. 2019 Iowa Acts, chapter 52, section 4, unnumbered paragraph 2, is amended to read as follows: For purposes of section 8.33 , unless specifically provided otherwise, moneys appropriated in subsections 10 through 16 15 that remain unencumbered or unobligated shall not revert but shall remain available for expenditure for the purposes designated until the close of the fiscal year that ends three years after the end of the fiscal year for which the appropriation was made. For purposes of section 8.33, unless specifically provided otherwise, moneys appropriated in subsection 16 that remain unencumbered or unobligated shall not revert but shall remain available for expenditure for the purposes designated until the close of the fiscal year that ends four years after the end of the fiscal year for which the appropriation was made. However, if the project or projects for which such appropriation was made are completed in an earlier fiscal year, unencumbered or unobligated moneys shall revert at the close of that same fiscal year.”
- By renumbering as necessary.