183A.7 - ADMINISTRATION OF MONEYS -- APPROPRIATION.
183A.7 ADMINISTRATION OF MONEYS -- APPROPRIATION.
Assessments imposed under this chapter paid to and collected by
the Iowa pork producers council shall be deposited in the pork
promotion fund which is established in the office of the treasurer of
state. The department of administrative services shall transfer
moneys from the fund to the council for deposit into an account
established by the council in a qualified financial institution. The
department shall transfer the moneys as provided in a resolution
adopted by the council. However, the department is only required to
transfer moneys once during each day and only during hours when the
offices of the state are open.
All moneys deposited in the pork promotion fund and transferred to
the council as provided in this section are appropriated and shall be
used for the administration of this chapter and for the payment of
claims based upon obligations incurred in the performance of
activities and functions set forth in this chapter.
From the moneys collected, deposited, and transferred to the
council as provided in this chapter, the council shall first pay the
costs of referendums held pursuant to this chapter. Of the moneys
remaining, at least twenty-five percent shall be remitted to the
national pork producers council and at least fifteen percent shall be
remitted to the Iowa pork producers association, in the proportion
the committee determines, for use by recipients in a manner not
inconsistent with market development as defined in section 183A.1.
Moneys remaining shall be spent as found necessary by the council to
further carry out the provisions and purposes of this chapter.
However, in no event shall the total expenses exceed the total
amount of moneys transferred from the fund for use by the council.
Section History: Recent Form
85 Acts, ch 199, §7; 86 Acts, ch 1100, § 17; 94 Acts, ch 1146,
§11; 2002 Acts, ch 1119, §143; 2003 Acts, ch 145, §286
Referred to in § 183A.9A