8A.224 - IOWACCESS REVOLVING FUND.
8A.224 IOWACCESS REVOLVING FUND.
1. An IowAccess revolving fund is created in the state treasury.
The revolving fund shall be administered by the department and shall
consist of moneys collected by the department as fees, moneys
appropriated by the general assembly, and any other moneys obtained
or accepted by the department for deposit in the revolving fund. The
proceeds of the revolving fund are appropriated to and shall be used
by the department to maintain, develop, operate, and expand IowAccess
consistent with this subchapter, and for the support of activities of
the technology governance board pursuant to section 8A.204.
2. The department shall submit an annual report not later than
January 31 to the members of the general assembly and the legislative
services agency of the activities funded by and expenditures made
from the revolving fund during the preceding fiscal year. Section
8.33 does not apply to any moneys in the revolving fund and,
notwithstanding section 12C.7, subsection 2, earnings or interest on
moneys deposited in the revolving fund shall be credited to the
revolving fund. Section History: Recent Form
2003 Acts, ch 35, § 46, 49; 2003 Acts, ch 145, §27; 2005 Acts, ch
90, §6; 2005 Acts, ch 179, §142
Referred to in § 8A.111, 8A.204 Footnotes
For the fiscal year beginning July 1, 2009, a portion of the fees
collected for furnishing a certified abstract of a vehicle operating
record to be transferred to the IowAccess revolving fund; 2009 Acts,
ch 181, §3