This bill establishes a new prison construction account within the Iowa prison infrastructure fund, replacing the previous FY 2009 prison bonding fund. It allows for the deposit of funds into this new account, specifically for the construction of new prisons or the replacement of existing prison infrastructure, contingent upon the payoff of infrastructure financing bonds related to the Iowa state penitentiary. The bill ensures that moneys in this account do not revert to the general fund at the end of each fiscal year, allowing for continued availability for designated expenditures. Additionally, it modifies the existing Iowa prison infrastructure fund to clarify the sources of revenue and the management of funds.

Furthermore, the bill mandates the Department of Corrections to report annually on the status of infrastructure projects, detailing various financial aspects and project timelines. It also calls for the establishment of an interim study committee to assess prison capacity and the feasibility of additional prison facilities, with a report due to the general assembly and the governor by December 18, 2025. The bill repeals the previous prison bonding fund provisions and integrates the reporting requirements into a new section of the Code.

Statutes affected:
Introduced: 12.80, 602.8108A, 12C.7