89A.19 - ELEVATOR SAFETY FUND -- FEES APPROPRIATED.
89A.19 ELEVATOR SAFETY FUND -- FEES APPROPRIATED.
A revolving elevator safety fund is created in the state treasury
under the control of the commissioner and shall consist of moneys
collected by the commissioner as fees. Moneys in the fund are
appropriated to and shall be used by the commissioner to pay the
actual costs and expenses necessary to operate the safety board and
perform the duties of the commissioner as described in this chapter.
All fees collected by the commissioner pursuant to this chapter shall
be remitted to the treasurer of state to be deposited in the elevator
safety fund. All salaries and expenses properly chargeable to the
fund shall be paid from the fund. Section 8.33 does not apply to any
moneys in the fund. 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
2004 Acts, ch 1107, §27, 30; 2008 Acts, ch 1023, § 2