Iowa Code 904.321 – Department of corrections survivor benefits fund
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1. A department of corrections survivor benefits fund is established in the state treasury under the control of the department. The fund shall consist of moneys transferred to the fund pursuant to section 99G.39 and any other moneys appropriated to or deposited in the fund. Moneys in the fund are appropriated to the department for the purposes set forth in subsection 2.
Terms Used In Iowa Code 904.321
- department: means the Iowa department of corrections and the Iowa department of human services. See Iowa Code 904.706
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
- year: means twelve consecutive months. See Iowa Code 4.1
2. The department shall distribute the moneys credited to the fund in a fiscal year in the form of grants to nonprofit organizations that provide resources to assist surviving families of eligible employees of the department of corrections killed in the line of duty in paying costs associated with accident or health care coverage pursuant to section 509A.13D.
3. Notwithstanding section 8.33, moneys in the fund that remain unencumbered or unobligated at the close of a fiscal year shall not revert but shall remain available for expenditure for the purposes designated. Notwithstanding section 12C.7, subsection 2, interest or earnings on moneys in the fund shall be credited to the fund.