Proyectos de ley › 90.ª Asamblea General

HF 590Firmado por gobernador(a) · 1 de junio de 2023

Relating to moneys credited to the flood mitigation fund from fees collected for flying our colors registration plates

Presentado por el comité Transportation de la Cámara

Temas:Transportation

La misma legislación: HF 417

Dónde está ahora

  1. Hecho: Presentado22 de febrero de 2023
  2. Hecho: Subcomité27 de febrero de 2023
  3. Hecho: Comité de la Cámara1 de marzo de 2023
  4. Hecho: Lo aprueba la Cámara9 de marzo de 202396–0
  5. Hecho: Comité del Senado22 de marzo de 2023
  6. Hecho: Lo aprueba el Senado4 de mayo de 202349–0
  7. Hecho: A gobernador(a)11 de mayo de 2023
  8. Hecho: Firmado como ley1 de junio de 2023

Firmado como ley ¿Qué es el embudo (funnel)?

Qué contiene

Resumen con IA People who pay for special "flying our colors" license plates will continue to have their fees used to help fund flood mitigation. This law stops a previous plan that would have ended these payments on July 1, 2023. (Todavía no está traducido al español.)1

Lea la explicación oficial (en inglés)

Under current law, upon application and payment of the proper fees, a person may obtain flying our colors motor vehicle registration plates. The special flying our colors fee is $35 and the additional annual fee is $10. The fees are deposited in the road use tax fund. The treasurer of state is then required to credit monthly, from the statutory allocations fund (SAF) to the flood mitigation fund (FMF), an amount equal to the amount of the fees collected for flying our colors plates.34 as provided for the various purposes specified for special registration plates. The deposit of moneys from the SAF to the FMF for flying our colors plates is set to be repealed July 1, 2023. This bill strikes the repeal.

Texto completo del proyecto (en inglés) · Qué cambió antes de aprobarse2

Senate subcommittee

Named April 4, 2023. On April 11, 2023 it recommended passage. [].

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Nota fiscal

Cost: up to $111,000 Compare con otros proyectos

Resumen con IA This bill ensures that special fees collected from Flying Our Colors license plates continue to be transferred to the Flood Mitigation Fund. It is estimated to maintain annual funding of approximately $111,000 to the Flood Mitigation Fund. (en inglés)3

Lea la nota fiscal (en inglés)

Description

House File 590 eliminates the July 1, 2023, repeal of language that requires the Treasurer of State to transfer license plate revenue from the Statutory Allocations Fund to the Flood Mitigation Fund. Under House File 590, special fees collected by the Flying Our Colors license plates would continue to be deposited into the Flood Mitigation Fund.

Background

Under current law, individuals may obtain the Flying Our Colors license plate at an initial special fee of $35 and an annual special fee of $10. These special fees are deposited in the Road Use Tax Fund (RUTF) and then the same amount credited monthly from the Statutory Allocations Fund to the Flood Mitigation Fund.

The Flood Mitigation Fund was created in 2012 Iowa Acts, chapter 1094, and is under the control of the Flood Mitigation Board within the Department of Homeland Security and Emergency Management. Moneys in the Fund are used to provide grants, loans, and forgivable loans of up to $4.0 million in any one fiscal year to governmental entities. The Fund has provided funding to a flood mitigation project for the Platteville Drainage District. Approximately $84,000 in FY 2021 and $137,000 in FY 2022 was deposited into the Flood Mitigation Fund from the Statutory Allocations Fund. As of May 8, 2023, the year-to-date transfer amount for FY 2023 is approximately $87,000. The transfer from the Statutory Allocations Fund is the Flood Mitigation Fund’s only source of revenue. Under current law, the Flood Mitigation Fund would cease to be funded by the special fees collected for the Flying Our Colors license plates on July 1, 2023.

Assumptions

Annual special fees collected from the Flying Our Colors plate is estimated to equal the average amount collected between FY 2021 and FY 2022.

Fiscal Impact

House File 590 is estimated to maintain annual funding of approximately $111,000 from the Statutory Allocations Fund to the Flood Mitigation Fund.

Sources

  • Integrated Information for Iowa (I/3)
  • Iowa Department of Homeland Security and Emergency Management
  • Legislative Services Agency calculations

El cálculo no cambió

  1. $111,000 8 de marzo de 2023
  2. $111,000 9 de mayo de 2023 · final
4

Cómo leer una nota fiscal5

Lo que cambia del Código de Iowa (Iowa Code)

Modifica§321.34

Cómo funciona el Código6

Cabildeo

5 a favor · 0 en contra · 3 indecisos · Quiénes →

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