§ 183A.7 — Administration of moneys — appropriation

Iowa § 183A.7

• Jurisdiction: Iowa
• Title V: AGRICULTURE
• Ch. 183A: IOWA PORK PRODUCERS COUNCIL

Text

1. 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
3 IOWA PORK PRODUCERS COUNCIL, §183A.9
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.
2. 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.
3. 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, intheproportionthecommitteedetermines, forusebyrecipientsinamannernot
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.
4. However, in no event shall the total expenses exceed the total amount of moneys
transferred from the fund for use by the council.