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House Journal: Page 1415: Tuesday, April 11, 1995

Page10

 1   Iowa seed capital corporation may expend all funds
 2   remaining, on June 30, 1995, from the industrial
 3   technology access program for the purposes of the
 4   corporation:
 5   			$	483,000
 6   	 FTEs 		5.00
 7     Sec. 6.  There is appropriated from the general
 8   fund of the state to the Iowa state university of
 9   science and technology for the fiscal year beginning
10   July 1, 1995, and ending June 30, 1996, the following
11   amounts, or so much thereof as is necessary, to be
12   used for the purposes designated:
13     1.  For funding and maintaining in their current
14   locations the existing small business development
15   centers, for providing up to $33,000, or so much
16   thereof as is necessary, for salary increases of not
17   more than three percent from all sources for
18   nonuniversity employees provided that any amount not
19   required for salary increases for nonuniversity
20   employees shall revert to the general fund of the
21   state, and for not more than the following full-time
22   equivalent positions:
23   			$	1,185,000
24   	 FTEs		6.07
25     2.  For funding the institute for physical research
26   and technology, provided that $318,358 shall be
27   allocated to the institute for physical research and
28   technology industrial incentive program in accordance
29   with the intent of the general assembly, and for not
30   more than the following full-time equivalent
31   positions:
32   			$	4,000,000
33   	 FTEs		61.17
34     It is the intent of the general assembly that the
35   incentive program focus on Iowa industrial sectors and
36   seek contributions and in-kind donations from
37   businesses, industrial foundations, and trade
38   associations and that moneys for the institute for
39   physical research and technology industrial incentive
40   program shall only be allocated for projects which are
41   matched by private sector moneys for directed contract
42   research or for nondirected research.  The match
43   required of small businesses as defined in section
44   15.102, subsection 4, for directed contract research
45   or for nondirected research shall be $1 for each $3 of
46   state funds.  The match required for other businesses
47   for directed contract research or for nondirected
48   research shall be $1 for each $1 of state funds.  The
49   match required of industrial foundations or trade
50   associations shall be $1 for each $1 of state funds.

Iowa General Assembly

Index: House Journal (76th General Assembly: Session 1)

© 1995 Cornell College and League of Women Voters of Iowa

Comments? hjourn@legis.iowa.gov.

Last update: Sun Jan 14 21:05:02 CST 1996
URL: /DOCS/GA/76GA/Session.1/HJournal/01400/01415.html
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