Relating to and making appropriations from the rebuild Iowa infrastructure fund and technology reinvestment fund, establishing a destination Iowa fund, providing for related matters, and including effective date provisions

DIVISION II —— TECHNOLOGY REINVESTMENT FUND. This division appropriates project funding for FY 2023-2024 from the technology reinvestment fund for projects for the departments of justice, corrections, education, health and human services, homeland security and emergency management, management, and revenue, and for the auditor of state, the board of parole, the Iowa law enforcement academy, and the judicial branch. DIVISION III —— CHANGES TO PRIOR APPROPRIATIONS. This division allows moneys appropriated from the rebuild Iowa infrastructure fund to the board of regents for an industrial technology center at the university of northern Iowa for FY 2022-2023 to also be expended for steam tunnel repairs at the university of northern Iowa. The division also allows moneys appropriated from the rebuild Iowa infrastructure fund to the department of public defense for a readiness center in FY 2021-2022 and FY 2022-2023 to not revert but to remain available for expenditure until the project is completed. The division takes effect upon enactment. DIVISION IV —— MISCELLANEOUS PROVISIONS.4 million. DIVISION V —— DESTINATION IOWA FUND.281 establishes a destination Iowa fund under the control of the economic development authority. The bill provides that moneys in the fund will be appropriated to the authority for providing grants to eligible cities, counties, and not-for-profit organizations to fund projects that increase tourism opportunities, development and enhancement of outdoor recreational opportunities, or otherwise contribute to quality of life in rural communities. The bill defines rural communities as a community that has a population of fewer than 20,000 persons as determined by the most recent population estimate produced by the United States bureau of census or the most recent decennial census released by the United States bureau of census. The bill further provides that projects must be primarily vertical infrastructure and available for year-round use by the public, and provides that the applicant for project moneys must intend to own the property that is the subject of the project upon completion. The bill also provides that the economic development authority shall allocate percent of the moneys available in the destination Iowa fund at the beginning of each fiscal year to projects in rural communities, but may reallocate any portion of the moneys allocated to rural communities for all eligible projects if moneys allocated for rural communities have not been awarded by April of the fiscal year for which the allocation is made. The bill establishes the application process for grants from the new fund and provides that the economic development authority board shall make final funding decisions. The bill provides that interest or earnings on moneys deposited in the destination Iowa fund shall be credited to the destination Iowa fund and moneys credited to the destination Iowa fund shall not revert at the close of a fiscal year. The bill provides that the economic development authority shall not use more than percent of the moneys in the fund each fiscal year for purposes of administrative costs and program support. DIVISION VI —— ON-STREAM IMPOUNDMENT RESTORATION.33C, creating the on-stream impoundment fund, by eliminating the fund and creating an on- stream impoundment restoration program.33C regarding funding projects from the fund are retained for purposes of the program.