SSB 1242

DIVISION —— FY 2021–2022. This bill appropriates moneys for the fiscal year 2021-2022 from the general fund of the state to the department of cultural affairs, the economic development authority, the Iowa finance authority, the public employment relations board, the department of workforce development, Iowa state university of science and technology, the state university of Iowa, and the university of northern Iowa.75 to the economic development authority, the department of workforce development, and the state board of regents and institutions under the control of the board. For the fiscal year 2021-2022, the bill limits standing appropriations established in the Code for the world food prize, certain operational support grants, community cultural grants, and regional tourism marketing.7 to the economic development authority. The bill appropriates moneys for the fiscal year 2021-2022 from the special employment security contingency fund to the department of workforce development. The bill appropriates interest earned on the unemployment compensation reserve fund for the fiscal year 2021-2022 to the department of workforce development. Moneys credited to the state by the secretary of treasury of the United States pursuant to section 903 of the Social Security Act are appropriated to the department of workforce development. The auditor of state is requested to review the audit of the Iowa finance authority performed by the auditor hired by the authority. The bill requires the economic development authority and the department of revenue to submit a joint annual report to the general assembly by November 1, 2021, detailing all financial assistance awarded in the prior fiscal year. DIVISION II —— FY 2022–2023. The bill appropriates moneys for the fiscal year 2022-2023 from the general fund of the state to the department of cultural affairs, the economic development authority, the Iowa finance authority, the public employment relations board, the department of workforce development, Iowa state university of science and technology, the state university of Iowa, and the university of northern Iowa.75 to the economic development authority, the department of workforce development, and the state board of regents and institutions under the control of the board. For the fiscal year 2022-2023, the bill limits standing appropriations established in the Code for the world food prize, certain operational support grants, community cultural grants, and regional tourism marketing.7 to the economic development authority. The bill appropriates moneys for the fiscal year 2022-2023 from the special employment security contingency fund to the department of workforce development. The bill appropriates interest earned on the unemployment compensation reserve fund for the fiscal year 2022-2023 to the department of workforce development. Moneys credited to the state by the secretary of treasury of the United States pursuant to section 903 of the Social Security Act are appropriated to the department of workforce development. The auditor of state is requested to review the audit of the Iowa finance authority performed by the auditor hired by the authority. The bill requires the economic development authority and the department of revenue to submit a joint annual report to the general assembly by November 1, 2022, detailing all financial assistance awarded in the prior fiscal year.