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Bill > HF2138


IA HF2138

IA HF2138
A bill for an act relating to authorized uses of interest earned on funds in the flood recovery fund and including effective date provisions.(Formerly HSB 572; See HF 2515.)


summary

Introduced
01/28/2022
In Committee
01/28/2022
Crossed Over
Passed
Dead
05/24/2022

Introduced Session

89th General Assembly

Bill Summary

A bill for an act relating to authorized uses of interest earned on funds in the flood recovery fund and including effective date provisions.(Formerly HSB 572; See HF 2515.)

AI Summary

This bill amends the existing law to allow the department to use the interest earned on moneys in the flood recovery fund for reimbursement of actual expenses of voting board members and for costs incurred by the department to administer the flood mitigation program and provide assistance to the flood mitigation board and program applicants. The bill also specifies that the interest earned on the fund's moneys shall remain available for expenditure for the purposes designated in the section, rather than reverting at the end of the fiscal year.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

State Government (House)

Last Action

Withdrawn. H.J. 750. (on 03/30/2022)

bill text


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