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PAG LIN
1 1 Section 1. Section 15A.1, Code 1995, is amended by adding
1 2 the following new subsection:
1 3 NEW SUBSECTION. 4. A private person receiving public
1 4 funds or other economic development assistance under
1 5 subsection 2 shall, if the business operated by the private
1 6 person is moved out of the state within ten years of the date
1 7 the last assistance is received by the private person, provide
1 8 medical insurance, job training funds, and supplemental
1 9 unemployment benefits to the workers displaced by the business
1 10 leaving the state. Medical insurance shall be provided on the
1 11 same terms as it was provided during the period the business
1 12 was operated in this state and shall terminate at the end of
1 13 two years or the date upon which the employee obtains a new
1 14 job with substantially the same medical benefits, whichever is
1 15 earlier. Job training funds and supplemental unemployment
1 16 benefits shall be determined by the department of economic
1 17 development and the department of employment services,
1 18 respectively.
1 19 A private person who fails to comply with this subsection
1 20 shall repay to the state, a city, or a county all economic
1 21 development assistance received by the private person for the
1 22 business.
1 23 EXPLANATION
1 24 This bill provides that a person who receives economic
1 25 development assistance from the state, a city, or a county
1 26 shall provide health insurance, job training funding, and
1 27 supplemental unemployment payments to employees displaced by
1 28 the relocation of the business for which the assistance was
1 29 received out of the state. A person who fails to do this is
1 30 required to repay all economic development assistance received
1 31 for the business.
1 32 Health insurance provided shall be on the same terms as it
1 33 was provided while the business was located in the state. The
1 34 insurance shall be provided for the shorter duration of two
1 35 years or until the employee is employed at a new job which
2 1 provides substantially the same health benefits.
2 2 Job training and supplemental employment assistance are to
2 3 be provided at the level determined by the department of
2 4 economic development and the department of employment
2 5 services, respectively.
2 6 LSB 4351XC 76
2 7 mk/sc/14
Text: SSB02280 Text: SSB02282 Text: SSB02200 - SSB02299 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
Iowa General Assembly
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