§ 466.9 — On-site wastewater systems assistance fund

Iowa § 466.9

• Jurisdiction: Iowa
• Title XI: NATURAL RESOURCES
• Ch. 466: IMPROVEMENT OF WATERSHED ATTRIBUTES

Text

1. An on-site wastewater systems assistance fund is established as a separate fund in
the state treasury under the control of the department of natural resources. Moneys in the
fund are appropriated to the department of natural resources for the exclusive purpose
of supporting and administering the on-site wastewater systems assistance program as
established in section 466.8.
2. The fund shall consist of all of the following:
a. Moneys appropriated to the department by the general assembly for deposit in the fund
or to carry out the purposes of the on-site wastewater systems assistance program.
b. Moneys provided to the department by the federal government to carry out the purpose
of administering the programs, policies, and undertakings authorized in the federal Clean
Water Act, 33 U.S.C. §1381 – 1387.
c. Moneys collected by the department pursuant to loan agreements from homeowners
receiving loans under the on-site wastewater systems assistance program.
d. Any other moneys obtained or accepted by the department for deposit in the fund.
3. a. The fund shall consist of the following accounts:
(1) The financing account which shall be used for the exclusive purpose of providing
financing to homeowners for improving on-site wastewater systems under the on-site
wastewater systems assistance program.
(2) The administration account which shall be used by the department to defray expenses
associated with carrying out the on-site wastewater systems assistance program.
b. Of all moneys deposited into the fund each year, the department shall credit at least
ninety-six percent of the moneys to the financing account and any remaining moneys to the
administration account.
4. The moneys in the fund are not considered part of the general fund of the state, and in
determining a general fund balance shall not be included in the general fund of the state. The
moneysinthefundarenotsubjecttosection8.33andshallnotbetransferred,used,obligated,
appropriated, or otherwise encumbered except as provided in this section. Notwithstanding
section 12C.7, subsection 2, interest or earnings on moneys deposited in the fund shall be
credited to the fund.