466.9 - ON-SITE WASTEWATER SYSTEMS ASSISTANCE FUND.

        466.9  ON-SITE WASTEWATER SYSTEMS ASSISTANCE FUND.         1.  An on-site wastewater systems assistance fund is established      as a separate fund in the state treasury under the control of the      department.  Moneys in the fund are appropriated to the department      for the exclusive purpose of supporting and administering the on-site      wastewater systems assistance program as established in section      466.8.         2.  The fund shall consist of all of the following:         a.  Moneys appropriated to the department by the general      assembly for deposit in the fund or to carry out the purposes of the      on-site wastewater systems assistance program.         b.  Moneys provided to the department by the federal      government to carry out the purpose of administering the programs,      policies, and undertakings authorized in the federal Clean Water Act,      33 U.S.C. § 1381--1387.         c.  Moneys collected by the department pursuant to loan      agreements from homeowners receiving loans under the on-site      wastewater systems assistance program.         d.  Any other moneys obtained or accepted by the department      for deposit in the fund.         3. a.  The fund shall consist of the following accounts:         (1)  The financing account which shall be used for the exclusive      purpose of providing financing to homeowners residing outside the      boundaries of a city with improving on-site wastewater systems under      the on-site wastewater systems assistance program.         (2)  The administration account which shall be used by the      department to defray expenses associated with carrying out the      on-site wastewater systems assistance program.         b.  Of all moneys deposited into the fund each year, the      department shall credit at least ninety-six percent of the moneys to      the financing account and any remaining moneys to the administration      account.         4.  The moneys in the fund are not considered part of the general      fund of the state, and in determining a general fund balance shall      not be included in the general fund of the state.  The moneys in the      fund are not subject to section 8.33 and shall not be transferred,      used, obligated, appropriated, or otherwise encumbered except as      provided in this section.  Notwithstanding section 12C.7, subsection      2, interest or earnings on moneys deposited in the fund shall be      credited to the fund.  
         Section History: Recent Form
         2001 Acts, ch 37, §3, 4