The Government of the Student Body will discuss the repossession of funds from the student group Leaders INspiring Connections — formerly Veishea Inc. — at its meeting Wednesday.

Because Veishea has been suspended for 2005, group members said they changed the group’s name to continue providing leadership opportunities for students even though the celebration is not occurring this year.

When LINC changed its name, it also gained access to Veishea Inc. bank accounts.

Speaker of the Senate Henry Alliger said $12,000 of GSB funds originally given to Veishea Inc. were allocated for rentals during the week of Veishea celebrations, and GSB would receive that money back if the bill to recall the funds passes at Wednesday’s senate meeting.

Alliger said LINC would need to reapply for more funds through GSB’s special allocations process, which will happen at the end of the month.

“I think LINC has a lot of merit as a leadership organization, but they have yet to prove their value to students with the proposed ideas they have,” he said. “I think they’ll provide specific leadership opportunities to members of their group, but maybe not the broad, tangible benefit to everyone that Veishea did.”

Alliger said GSB will be able to give LINC up to $12,000 back, but it is not technically obligated to give back any of the money.

Alliger said much of the money LINC will reapply for would pay for printing, mailing and advertising.

LINC hasn’t yet submitted a final budget for the special allocations process, which will happen this weekend, Alliger said. The budgets are due Wednesday night.

Also to be discussed at Wednesday’s meeting is a bill that would designate a recently discovered GSB bank account containing nearly $3,000 to be used solely for student appreciation activities.

A related bill on the agenda for discussion calls for GSB’s reserve budget to be placed in a university investment account that would yield about $3,000 a year in interest, enough to perpetually fund that student appreciation account for as long as the money is in the account, said GSB Finance Director Kristi Kramer.

Kramer said GSB keeps $150,000 — about 10 percent of its yearly operating budget — on reserve in case of emergencies.

“Typically, the university doesn’t like us to touch that $150,000,” she said.

“This will ensure that if we do need to spend it, we can take it out, but this way we can create interest and be able to fund events students will benefit from.”

Other bills to be discussed at the meeting request funds for the Iowa State Women’s Rugby Club and the Muslim Student Association.

The rugby club requested more than $3,500 from GSB last year to pay for safety equipment, but its order was delayed, and GSB repossessed the money at the end of the fiscal year.

The bill originally asked for the reallocation of the entire funding amount to the rugby club, but Alliger said the finance committee decided to reduce the allocation to $2,310 because club members could personally buy some of the items.

The Muslim Student Association is requesting $647.10 to help purchase food for a fast-breaking celebration during their annual Ramadan Fast-A-Thon.

Kramer said the organization had attempted to receive funding for this event last year, but GSB didn’t give them funds because of confusion about where the money would be going.

“We were under the impression that GSB funds would be going to the food pantry in Ames, but it was actually donations from supporters going there,” she said. “I think there was a little bit of a language barrier there, and it’s difficult enough to express everyone’s concerns within allocations hearings … We never knew there was a problem with that until a representative of the organization came and spoke with us later.”