16.134A Water quality financial assistance fund — appropriation.
1. A water quality financial assistance fund is created in the state treasury as a revolving fund.
2. The fund shall consist of all of the following:
a. (1) Moneys transferred to the fund pursuant to section 423G.6.
(2) This paragraph “a” is repealed on January 1, 2030.
b. Appropriations made to the fund and transfers of interest, earnings, and moneys from other funds as provided by law.
3. For each fiscal year in the fiscal period beginning July 1, 2018, and ending June 30, 2029, there is appropriated the following percentages of the balance of the fund for the following purposes:
a. Forty percent to the Iowa finance authority to support the wastewater and drinking water treatment financial assistance program created in section 16.134.
b. Forty-five percent to the Iowa finance authority to be credited to the water quality financing program fund created pursuant to section 16.153.
c. Fifteen percent to the division of soil conservation and water quality of the department of agriculture and land stewardship to support the water quality urban infrastructure program created in section 466B.44.
4. Moneys in the fund are not subject to section 8.33. Notwithstanding section 12C.7, subsection 2, interest or earnings on moneys in the fund shall be credited to the fund.
2018 Acts, ch 1001, §5
Referred to in §16.131A, 16.134, 16.153, 423G.6
NEW section
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.