Relating to the investment and use of funds in the veterans trust fund

Sponsored by the Senate Appropriations (successor To Ssb 3099) Committee

Topics:State budget Veterans & military

Same legislation: SSB 3099, SF 2267

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Official bill page Lobbyist declarations One-pager to print

Where it is now

Done: IntroducedFebruary 13, 2020
Done: SubcommitteeFebruary 26, 2020
Done: Senate committeeFebruary 13, 2020
Done: Passes the SenateJune 4, 202049–0
Stopped: House committeeDied when the General Assembly ended
Next: Passes the House
Next: To the Governor
Next: Signed into law

Died when the session ended The 2020 session adjourned on June 14, 2020, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?

What’s in it

AI summary The state treasurer would be allowed to invest money from the veterans trust fund in the same ways that retirement funds for public employees are invested. Additionally, the state would no longer be able to use this money to cover short-term cash shortages during the year.¹

Read the official explanation

This bill concerns the veterans trust fund. The bill authorizes the treasurer of state to invest moneys in the trust fund in any investments authorized for the Iowa public employees’ retirement system in Code section 97B.7A. The bill also eliminates the ability to use moneys in the veterans trust fund for cash flow purposes in a fiscal year.

Full bill text²

Iowa Code it changes

Amends§35A.13

How the Code works³

Lobbying

3 for · 0 against · 8 undecided · Who →

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Study bill

SSB 3099Renumbered

88th General Assembly

SF 2267Renumberedfrom SSB 3099 SF 2405Passed a chamberfrom SF 2267

Picked up later

SF 321Passed a chamber89th GA

Earlier and later bills are matched by wording or an identical title.

Similar bills

SF 321 Relating to the investment and use of funds in the veterans trust fund
89th General Assembly · Passed Senate
Nearly identical

Matched by wording or an identical title.