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Section 418.7 – Department duties.

418.7 Department duties. The department, subject to approval by the board, shall adopt administrative rules pursuant to chapter 17A necessary to administer the flood mitigation program. The department shall provide the board with assistance in implementing administrative functions and providing technical assistance and application assistance to applicants under the program. 2012 Acts, ch 1094, §8, […]

Section 418.8 – Flood mitigation program.

418.8 Flood mitigation program. 1. The board shall establish and the department, subject to direction and approval by the board, shall administer a flood mitigation program to assist governmental entities in undertaking projects approved under this chapter. The flood mitigation program shall include projects approved by the board to utilize either financial assistance from the […]

Section 418.9 – Project application review.

418.9 Project application review. 1. a. A governmental entity shall submit an application to the board for approval of a project plan. The board shall not approve a project for inclusion in the program if the application is submitted after January 1, 2016. b. The application shall specify whether the governmental entity is requesting financial […]

Section 418.10 – Flood mitigation fund.

418.10 Flood mitigation fund. 1. A flood mitigation fund is created as a separate and distinct fund in the state treasury under the control of the board and consists of moneys appropriated by the general assembly and any other moneys available to and obtained or accepted by the board for placement in the fund. Moneys […]

Section 418.11 – Sales tax increment calculation.

418.11 Sales tax increment calculation. 1. The department of revenue shall calculate quarterly the amount of increased sales tax revenues for each governmental entity approved to use sales tax increment revenues and the amount of such revenues to be transferred to the sales tax increment fund pursuant to section 423.2A, subsection 2. 2. The department […]

Section 418.12 – Sales tax increment fund.

418.12 Sales tax increment fund. 1. A sales tax increment fund is established as a separate and distinct fund in the state treasury under the control of the department of revenue consisting of the amount of the increased state sales and services tax revenues collected by the department of revenue within each applicable area specified […]