§ 312A.3 — Allocation and use of funds

Iowa § 312A.3

• Jurisdiction: Iowa
• Title VIII: TRANSPORTATION
• Ch. 312A: TIME-21 FUND

Text

Moneys in the TIME-21 fund shall be credited and used as follows:
1. Sixty percent for deposit in the primary road fund to be used exclusively for highway
maintenance and construction, including purchase of right-of-way but not including project
planning and design. The following projects are eligible for funding under this subsection
and shall have funding priority in the order listed:
a. Completion of projects on highways designated as access Iowa highways pursuant to
2005 Iowa Acts, ch. 178, §41.*
b. Projects on highways in the commercial and industrial highway network that are
included in the department’s five-year plan, or in the long-range plan, for the primary road
system. Priority shall be given to projects in areas of the state that have existing biodiesel,
ethanol, or other biorefinery plants.
c. Projects on interstate highways.
2. Twenty percent for deposit in the secondary road fund, for apportionment according
to the methodology adopted by the commission, to be used by counties for construction and
maintenanceprojectsonsecondaryroadbridgesandonhighwaysinthefarm-to-marketroad
system. At least ten percent of the moneys allocated to a county under this subsection shall
be used for bridge construction, repair, and maintenance, with priority given to projects that
aid and support economic development and job creation.
3. Twenty percent for deposit in the street construction fund of the cities, apportioned on
§312A.3, TIME-21 FUND 2
the basis of population in the manner provided in section 312.3, to be used to sustain and
improve the municipal street system.