§ 324A.6 — Public transit assistance moneys

Iowa § 324A.6

• Jurisdiction: Iowa
• Title VIII: TRANSPORTATION
• Ch. 324A: TRANSPORTATION PROGRAMS

Text

1. a. Moneys appropriated for purposes of public transit assistance under this
chapter shall be expended for providing assistance to public transit for the development,
improvement, and maintenance of public transit systems. Moneys received by the
department by agreements, grants, gifts, or other means from individuals, companies or
other business entities, or cities and counties for the purposes stated in this section shall be
credited to the general fund of the state.
b. Moneys received by the department by agreements, grants, gifts, or other means and
deposited into the state general fund as a result of this subsection are appropriated to the
department for purposes of this subsection.
2. The department may enter into agreements with public transit systems, the United
States government, cities, counties, business entities, or other persons for carrying out the
purposes of this section.
3. The department may accept federal funds to carry out this section. Federal funds
received under this section are appropriated for the purposes set forth in the federal grants.
4. Notwithstanding chapter 8, funds appropriated for public transit purposes to
implement a state assistance plan shall be allocated in whole or in part to a public transit
system prior to the time actual expenditures are incurred if the allocation is first approved
by the department. A public transit system shall make application for advance allocations to
the department specifically stating the reasons why an advance allocation is required and
this allocation shall be included in the total to be audited.