Senate
File
2211
-
Introduced
SENATE
FILE
2211
BY
BOULTON
,
TAYLOR
,
DVORSKY
,
JOCHUM
,
BISIGNANO
,
MATHIS
,
PETERSEN
,
RAGAN
,
ALLEN
,
HART
,
DOTZLER
,
and
BOLKCOM
A
BILL
FOR
An
Act
relating
to
a
publicly
accessible
database
of
economic
1
development
awards
on
the
economic
development
authority’s
2
internet
site.
3
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
4
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2211
Section
1.
Section
15.109,
Code
2018,
is
amended
by
adding
1
the
following
new
subsection:
2
NEW
SUBSECTION
.
5.
Develop
and
make
available
a
publicly
3
accessible
database
of
economic
development
awards
located
on
4
the
authority’s
internet
site.
The
database
shall
be
free,
5
easy
for
the
public
to
locate,
and
available
beginning
January
6
1,
2019.
7
a.
The
database
shall
contain
at
a
minimum
all
of
the
8
following
information
in
separate
data
fields:
9
(1)
The
name
of
the
person
or
project
that
is
a
recipient
10
of
an
award.
11
(2)
The
location
of
the
person
or
project
that
is
a
12
recipient
of
the
award.
13
(3)
The
total
amount
of
the
award.
14
(4)
Each
award
type
and
the
value
of
each
award
type
that
15
make
up
a
total
award
amount.
16
(5)
The
source
of
a
local
match
if
required
as
part
of
the
17
award.
18
(6)
The
amount
of
a
local
match
if
required
as
part
of
the
19
award.
20
(7)
The
authority’s
program
or
programs
under
which
the
21
award
is
given.
22
(8)
The
expected
economic
benefit
to
the
state
including
23
construction
and
post
construction
jobs
expected
to
be
created
24
due
to
the
award.
25
b.
As
used
in
this
subsection,
“award”
means
a
direct
loan,
26
forgivable
loan,
tax
credit,
tax
exemption,
tax
refund,
grant,
27
or
any
other
financial
assistance
awarded
to
a
person
by
the
28
authority
under
an
economic
development
program
administered
29
by
the
authority.
30
c.
The
database
shall
not
contain
any
information
deemed
31
confidential
pursuant
to
section
15.118.
32
d.
The
database
shall
be
updated
regularly
as
new
data
33
becomes
available
and
shall
be
updated
at
least
quarterly.
The
34
authority
shall
ensure
that
all
data
added
to
the
database
35
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2211
remains
accessible
to
the
public
for
a
minimum
of
five
years.
1
EXPLANATION
2
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
3
the
explanation’s
substance
by
the
members
of
the
general
assembly.
4
This
bill
relates
to
a
publicly
accessible
database
of
5
economic
development
awards
located
on
the
economic
development
6
authority’s
internet
site.
The
bill
requires
the
database
7
to
be
free,
easy
for
the
public
to
locate,
and
available
by
8
January
1,
2019.
9
The
database
is
a
compilation
of
data
related
to
awards
10
given
by
the
authority.
Award
is
defined
in
the
bill
as
a
11
direct
loan,
forgivable
loan,
tax
credit,
tax
exemption,
tax
12
refund,
grant,
or
any
other
financial
assistance
awarded
13
to
a
person
by
the
authority
under
an
economic
development
14
program
administered
by
the
authority.
The
bill
requires
that
15
the
database
contains
the
name
and
location
of
the
person
or
16
project
that
receives
an
award,
the
total
amount
of
the
award,
17
the
award
types
and
the
value
of
each
award
type
that
make
up
18
the
total
award,
the
source
of
and
the
amount
of
any
required
19
local
match,
the
authority’s
programs
under
which
the
award
is
20
given,
and
the
expected
economic
benefit
to
the
state
including
21
jobs
created
due
to
the
award.
22
Information
deemed
confidential
pursuant
to
Code
section
23
15.118
is
prohibited
from
being
included
in
the
database.
The
24
database
must
be
updated
at
least
quarterly
and
the
information
25
must
remain
accessible
to
the
public
for
a
minimum
of
five
26
years.
27
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