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Iowa Code § 8.58

Exemption from automatic application

Known as the Budget and Financial Control Act

The act spans §§ 8–8 (79 sections).

1. To the extent that moneys transferred under section 8.57 do not result in moneys being credited to the general fund of the state under section 8.55, subsection 2, moneys transferred under section 8.57 and moneys contained in the cash reserve fund, rebuild Iowa infrastructure fund, environment first fund, Iowa economic emergency fund, taxpayer relief fund, state bond repayment fund, Iowa coronavirus fiscal recovery fund, Iowa coronavirus capital projects fund, sports wagering receipts fund, and Iowa skilled worker and job creation fund shall not be considered in the application of any formula, index, or other statutory triggering mechanism which would affect appropriations, payments, or taxation rates, contrary provisions of law notwithstanding.

2. To the extent that moneys transferred under section 8.57 do not result in moneys being credited to the general fund of the state under section 8.55, subsection 2, moneys transferred under section 8.57 and moneys contained in the cash reserve fund, rebuild Iowa infrastructure fund, environment first fund, Iowa economic emergency fund, taxpayer relief fund, state bond repayment fund, Iowa coronavirus fiscal recovery fund, Iowa coronavirus capital projects fund, sports wagering receipts fund, and Iowa skilled worker and job creation fund shall not be considered by an arbitrator or in negotiations under chapter 20.

92 Acts, ch 1227, §8; 95 Acts, ch 214, §17; 2000 Acts, ch 1225, §23; 2011 Acts, ch 123, §31; 2013 Acts, ch 143, §3, 4; 2018 Acts, ch 1161, §49, 53; 2021 Acts, ch 172, §26, 29; 2024 Acts, ch 1185, §42

For future repeal of 2021 amendment to this section on July 1, 2027, see

; 2024 Acts, ch 1185, §81

Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.