8B.33 IowAccess revolving fund.
1. An IowAccess revolving fund is created in the state treasury. The revolving fund shall be administered by the office and shall consist of moneys collected by the office as fees, moneys appropriated by the general assembly, and any other moneys obtained or accepted by the office for deposit in the revolving fund. The proceeds of the revolving fund are appropriated to and shall be used by the office to maintain, develop, operate, and expand IowAccess consistent with this chapter.
2. The office 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.
2013 Acts, ch 129, §24; 2018 Acts, ch 1123, §3, 7
Referred to in §8B.9
For each fiscal year of the fiscal period beginning July 1, 2013, and ending June 30, 2020, a portion of the fees collected for furnishing a certified abstract of a vehicle operating record to be transferred to the IowAccess revolving fund;
2013 Acts, ch 135, §3, 32
; 2015 Acts, ch 141, §6, 44, 67, 68;
2016 Acts, ch 1130, §5
;
2017 Acts, ch 171, §6, 33
;
2018 Acts, ch 1164, §4
; 2019 Acts, ch 136, §6