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House
File
499
-
Introduced
HOUSE
FILE
499
BY
SORENSEN
A
BILL
FOR
An
Act
providing
for
the
establishment
of
a
disaster
assistance
1
grant
program,
and
making
appropriations.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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Section
1.
NEW
SECTION
.
16.57E
Disaster
assistance
grant
1
program
——
fund.
2
1.
A
disaster
assistance
grant
program
is
established
under
3
the
administration
and
control
of
the
authority
to
award
grants
4
to
Iowa
homeowners
whose
primary
residences
have
been
damaged
5
by
a
natural
disaster.
6
2.
A
disaster
assistance
grant
fund
is
created
within
the
7
state
treasury
under
the
control
of
the
authority.
The
fund
8
shall
consist
of
moneys
appropriated
to
the
fund
by
the
general
9
assembly
and
any
other
moneys
available
to
and
obtained
or
10
accepted
by
the
authority
for
deposit
in
the
fund.
Moneys
11
in
the
fund
are
appropriated
to
the
authority
for
purposes
12
of
administering
the
program
and
providing
grants
under
the
13
program.
Notwithstanding
section
8.33,
moneys
in
the
fund
14
that
remain
unencumbered
or
unobligated
at
the
close
of
a
15
fiscal
year
shall
not
revert
but
shall
remain
available
for
16
expenditure
for
the
purposes
designated.
Notwithstanding
17
section
12C.7,
subsection
2,
interest
or
earnings
on
moneys
in
18
the
fund
shall
be
credited
to
the
fund.
19
3.
a.
In
administering
the
program,
the
authority
shall
20
award
grants
to
Iowa
homeowners
for
the
purpose
of
paying
for
21
damage
to
the
homeowner’s
primary
residence
that
was
caused
by
22
a
natural
disaster.
23
b.
To
be
eligible
for
a
grant
under
the
program,
the
24
homeowner’s
primary
residence
must
have
sustained
damage
25
greater
than
the
damage
that
is
covered
by
the
homeowner’s
26
property
and
casualty
insurance
policy
insuring
the
residence,
27
plus
any
other
state
or
federal
disaster-related
financial
28
assistance
that
the
homeowner
is
eligible
to
receive.
29
4.
The
authority
shall
adopt,
as
necessary,
application
30
procedures,
forms,
administrative
guidelines,
and
other
rules
31
pursuant
to
chapter
17A
for
purposes
of
implementing
and
32
administering
the
program.
33
EXPLANATION
34
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
35
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the
explanation’s
substance
by
the
members
of
the
general
assembly.
1
This
bill
establishes
a
disaster
assistance
grant
program
2
(program)
under
the
administration
of
the
Iowa
finance
3
authority
(authority)
for
the
purpose
of
providing
grants
to
4
Iowa
homeowners
whose
primary
residences
have
been
damaged
by
5
a
natural
disaster.
The
bill
creates
a
disaster
assistance
6
grant
fund
under
the
control
of
the
authority
to
support
the
7
program.
To
be
eligible
to
receive
a
grant,
a
homeowner’s
8
primary
residence
must
have
sustained
damage
that
is
not
9
covered
by
the
homeowner’s
insurance
policy
or
by
other
federal
10
or
state
disaster-related
financial
assistance.
The
bill
11
requires
the
authority
to
adopt
application
procedures,
forms,
12
administrative
guidelines,
and
other
rules
for
implementing
and
13
administering
the
program.
14
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