Title I, STATE SOVEREIGNTY AND MANAGEMENT (Ch. 1 - 38D)

All swampland indemnity money paid by the federal government to this state under any Act of Congress relating thereto shall be paid by the treasurer of state to the county treasurer of the county where the land, on account of which such payment is made, is located. The county tre…

The treasurer of state shall, biennially, at the time provided by law, report to the governor the state of the treasury and exhibit therein the amount received and paid out by the treasurer since the last report, and the balance remaining in the treasury. [C51, §68; R60, §89; C73…

The salary of the treasurer of state shall be as fixed by the general assembly. [C31, 35, §147-c1; C39, § 147.1; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §12.18 ]

On the first day of each quarter of each fiscal year of the state, the state treasurer shall stop payment on and make void all treasury checks dated six months or more prior to that date, and the state treasurer shall not redeem any such check thereafter. [C46, 50, 54, 58, 62, 66…

The treasurer of state shall so keep the books of the treasurer’s office that at the close of each day’s business the account of each fund will show the balance or deficit therein, and show also the total amount of the money in the state treasury, and should the books not be in b…

Upon presentation of any check voided as provided in section 12.19 by the holder of the check after the six-month period, the state treasurer is authorized to issue a new check for the amount of the original check to the holder. [C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §…

The treasurer of state may enter into an agreement with a financial institution to provide credit card receipt processing for state departments which are authorized by the treasurer of state to accept payment by credit card. A department which accepts credit card payments may adj…

The general assembly finds and declares that because of differences in the timing of the receipt of tax and other revenues and the expenditure of funds by the state, the state has been unable to remain timely on its obligations, including its payments of school aid; the untimely …

1. In anticipation of the collection of revenues in and for a fiscal year, the treasurer of state may borrow money, and issue notes for the money, in an amount not exceeding the estimated state revenues for that year. The sums so anticipated are appropriated for the payment of th…

1. As used in this section , unless the context otherwise requires: a. “Financing agreement” means any lease, lease-purchase agreement, or installment acquisition contract in which the lessee may purchase the leased property at a price which is less than the fair market value of …

The treasurer of state shall keep a record of warrants issued as certified by the director of the department of administrative services, and receive in payment of public dues the warrants so issued in conformity with law, and redeem the same, if there be money in the treasury not…

1. As used in this section , unless the context otherwise requires: a. “Authority” means a department, or public or quasi-public instrumentality of the state including but not limited to the authority created under chapter 12E , 16 , or 261A , which has the power to issue obligat…

This subchapter shall be known as the “Linked Investments for Tomorrow Act” . 86 Acts, ch 1096, §1 ; 89 Acts, ch 234, §1 ; 2000 Acts, ch 1058, §3 ; 2006 Acts, ch 1165, §1 ; 2024 Acts, ch 1043, §13

As used in this subchapter , unless the context otherwise requires: 1. “Eligible borrower” means any person who is qualified to participate in one of the programs in this subchapter . “Eligible borrower” does not include a person who has been determined to be delinquent in making…

1. a. The treasurer of state may invest up to the lesser of one hundred eight million dollars or twenty-five percent of the balance of the state pooled money fund in certificates of deposit in eligible lending institutions as provided in this subchapter . One-half of the moneys i…

1. An eligible lending institution that desires to receive a linked investment shall enter into an agreement with the treasurer of state, which shall include requirements necessary for the eligible lending institution to comply with this subchapter . 2. An eligible lending instit…

1. The treasurer of state shall accept or reject a linked investment loan package or any portion of the package based on the type or terms of the loan involved, the availability of state funds, or the compliance of the eligible borrower or eligible lending institution. 2. Upon ac…

1. Upon the placement of a linked investment with an eligible lending institution, the institution is required to lend the funds to the eligible borrower listed in the linked investment loan package and in accordance with the investment agreement. The loan shall be at a rate not …

By February 1 of each year, the treasurer of state shall report on the linked investments for tomorrow programs for the preceding calendar year to the governor, the economic development authority, the speaker of the house of representatives, and the president of the senate. The s…

The state and the treasurer of state are not liable to an eligible lending institution in any manner for payment of the principal or interest on the loan to an eligible borrower. Any delay in payments or default on the part of an eligible borrower does not in any manner affect th…

When money is paid to the treasurer, the treasurer shall execute receipts in duplicate therefor, stating the fund to which it belongs, one of which must be delivered to the director of the department of administrative services in order to obtain the proper credit, and the treasur…

The treasurer of state shall adopt rules to implement a small business linked investments program to increase the availability of lower cost funds to inject needed capital into small businesses owned and operated in this state by residents of this state, which is the public polic…

1. Agencies of state government shall be required to waive the requirement of satisfaction, performance, surety, or bid bonds for targeted small businesses which are able to demonstrate the inability of securing such a bond because of a lack of experience, lack of net worth, or l…

The treasurer shall pay no money from the treasury but upon the warrants of the director of the department of administrative services, and only in the order of their presentation. [C51, §65; R60, §86; C73, §78; C97, §104; S13, §104; C24, 27, 31, 35, 39, § 135; C46, 50, 54, 58, 62…

1. As used in this section unless the context otherwise requires: a. “Administrative services organization” means the same as defined in section 225A.1 . b. “Behavioral health district” means the same as defined in section 225A.1 . c. “Department” means the department of health a…

Once in each week the treasurer shall certify to the director of the department of administrative services the number, date, amount, and payee of each warrant taken up by the treasurer, with the date when taken up, and the amount of interest allowed; and on the first Monday of Ja…

1. For purposes of this section , unless the context otherwise requires: a. “Financial institution” means a state bank as defined in section 524.103 , a federally chartered state bank having its principal office within this state, a federally chartered credit union having its pri…

The treasurer of state shall adopt rules pursuant to chapter 17A for providing technical information and assistance to political subdivisions, the state board of regents, instrumentalities, and agencies of the state authorized to invest funds which are seeking to invest public fu…

When interest on any bonds of the state becomes due, the treasurer shall provide funds for the payment thereof on the day and at the place where payable; and persons holding such bonds are required to present the same at such place within ten days from such day, at the expiration…

Repealed by its own terms; 2016 Acts, ch 1115, §1 . Section repealed August 15, 2020, pursuant to terms of former subsection 12.

1. A vision Iowa fund is created and established as a separate and distinct fund in the state treasury. The moneys in the fund are appropriated to the economic development authority board for purposes of the vision Iowa program established in section 15F.302 . Moneys in the fund …

During the term of the vision Iowa program established in section 15F.302 , two hundred thousand dollars of the moneys deposited each fiscal year in the vision Iowa fund and appropriated for the vision Iowa program shall be allocated each fiscal year to the economic development a…

It is the intention of the general assembly that a pledge made in respect of bonds or notes shall be valid and binding from the time the pledge is made, that the money or property so pledged and received after the pledge by the treasurer of state shall immediately be subject to t…

1. The economic development authority board may undertake a project for two or more applicants jointly or for any combination of applicants, and may combine for financing purposes, with the consent of all of the applicants which are involved, the project and some or all future pr…

Bonds or notes issued pursuant to section 12.71, Code 2020 , are not debts of the state, nor of any political subdivision of the state, and do not constitute a pledge of the faith and credit of the state or a charge against the general credit or general fund of the state. The iss…

Section 12.71 , Code 2020, and sections 12.72 through 12.76 , being necessary for the welfare of this state and its inhabitants, shall be liberally construed to effect the purposes of the sections. 2000 Acts, ch 1174, §20 ; 2016 Acts, ch 1073, §2 Referred to in §12.75

1. An FY 2009 prison bonding fund is created as a separate fund in the state treasury. Moneys in the fund shall not be subject to appropriation for any other purpose by the general assembly, but shall be used only for the purposes of the FY 2009 prison bonding fund. 2. Revenue fo…

1. The treasurer of state shall invest or deposit, subject to chapters 12F , 12H , 12J , and 12K and as provided by law, any of the public funds not currently needed for operating expenses and shall do so upon receipt of monthly notice from the director of the department of admin…

1. The treasurer of state is authorized to issue bonds to provide prison infrastructure financing as provided in this section . Bonds shall be issued in accordance with the provisions of chapter 12A . 2. Bonds issued under this section are payable solely and only out of the money…

1. The treasurer of state may issue bonds for purposes of the school infrastructure program established in section 292.2 . Excluding the issuance of refunding bonds, the treasurer of state shall not issue bonds which result in the deposit of bond proceeds of more than fifty milli…

1. A school infrastructure fund is created and established as a separate and distinct fund in the state treasury under the control of the department of education. Notwithstanding any other provision of this chapter , the fund shall be used for purposes of the school infrastructur…

During the term of the school infrastructure program established in section 292.2 , up to fifty thousand dollars of the moneys deposited each fiscal year in the school infrastructure fund shall be allocated each fiscal year to the department of inspections, appeals, and licensing…

It is the intention of the general assembly that a pledge made in respect of bonds or notes shall be valid and binding from the time the pledge is made, that the money or property so pledged and received after the pledge by the treasurer of state shall immediately be subject to t…

Bonds or notes issued pursuant to section 12.81 are not debts of the state, or of any political subdivision of the state, and do not constitute a pledge of the faith and credit of the state or a charge against the general credit or general fund of the state. The issuance of any b…

Sections 12.81 through 12.85 , being necessary for the welfare of this state and its inhabitants, shall be liberally construed to effect the purposes of the sections. 2000 Acts, ch 1174, §25 ; 2016 Acts, ch 1073, §3 Referred to in §8.57F , 12.85

1. a. The treasurer of state is authorized to issue and sell bonds on behalf of the state to provide funds for certain infrastructure projects and for purposes of the Iowa jobs program established in section 16.194 . The treasurer of state shall have all of the powers which are n…