Iowa § 307.46 Use of reversions

Iowa Statutes

§ 307.46 — Use of reversions

Iowa § 307.46

Title VIIITRANSPORTATION

Ch. 307DEPARTMENT OF TRANSPORTATION (DOT)

This text of Iowa § 307.46 (Use of reversions) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 307.46 (2026).

Text

1.Notwithstanding the provisions of section 8.33 or any other provision of law to the contrary, if on June 30 of a fiscal year a balance of an operational appropriation remains unexpendedorunencumbered,notmorethanfiftypercentofthebalancemaybeencumbered by the department and used as provided in this section and the remaining balance shall be deposited in the fund from which the money was appropriated. The department shall not encumber an amount in excess of five hundred thousand dollars under this section in any fiscal year. Moneys encumbered under this section shall be used by the department during the succeeding fiscal year for employee training and for technology enhancement. Moneys which are encumbered under this section but not used shall revert to the fund from which the money was ap

Free access — add to your briefcase to read the full text and ask questions with AI

1. Notwithstanding the provisions of section 8.33 or any other provision of law to the
contrary, if on June 30 of a fiscal year a balance of an operational appropriation remains
unexpendedorunencumbered,notmorethanfiftypercentofthebalancemaybeencumbered
by the department and used as provided in this section and the remaining balance shall be
deposited in the fund from which the money was appropriated. The department shall not
encumber an amount in excess of five hundred thousand dollars under this section in any
fiscal year. Moneys encumbered under this section shall be used by the department during
the succeeding fiscal year for employee training and for technology enhancement. Moneys
which are encumbered under this section but not used shall revert to the fund from which
the money was appropriated on June 30 of the succeeding fiscal year.
2. On or before June 30 of the fiscal year following the fiscal year in which funds were
encumbered under this section, the department shall report to the joint transportation,
infrastructure, and capitals appropriations subcommittee, the legislative services agency, the
department of management, the general assembly’s standing committees on government
oversight, and the legislative fiscal committee of the legislative council detailing how the
moneys were expended. Moneys shall not be encumbered under this section from an
appropriation which received a transfer from another appropriation pursuant to section 8.39.
3. For purposes of this section, “operational appropriation” means an appropriation from
the road use tax fund or primary road fund providing for salaries, support, maintenance, and
miscellaneous purposes.