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46 section. An eligible business shall not receive the 47 exemption under this section unless it has applied to 48 be designated a pilot project business by July 1, 49 1997." 50 2. Page 13, by inserting after line 49 the Page 2 1 following: 2 "Sec. ___. MONITORING AND REPORT. The department 3 of economic development shall monitor the activities 4 of eligible businesses under section 15.331B and 5 report to the general assembly by December 15 of each 6 year." 7 3. By renumbering as necessary. Hammitt Barry of Harrison rose on a point of order that amendment H-5487 was not germane, to the committee amendment H-5419. The Speaker ruled the point well taken and amendment H-5487 not germane, to the committee amendment H-5419. LEAVE OF ABSENCE Leave of absence was granted as follows: Shoultz of Black Hawk on request of Schrader of Marion; Nutt of Woodbury on request of Siegrist of Pottawattamie, both for the remainder of the day. Murphy of Dubuque offered amendment H-5469, to the committee amendment H-5419, filed by him as follows: H-5469 1 Amend the amendment, H-5419, to Senate File 2443, 2 as amended, passed, and reprinted by the Senate, as 3 follows: 4 1. Page 13, by inserting after line 13 the 5 following: 6 "Sec. ___. NEW SECTION. 15A.4 CONTROLLED 7 SUBSTANCE OFFENSE _ REPAYMENT OF ASSISTANCE. 8 A business which receives economic development 9 assistance shall enter into an agreement with the 10 governmental entity providing the assistance to repay 11 the assistance received by the business if one of the 12 following individuals is convicted of a violation of 13 chapter 124 committed during the period in which the 14 agreement is in effect: 15 1. The owner, if the business is a sole 16 proprietorship. 17 2. A partner or managing partner, if the business 18 is a partnership or limited partnership. 19 3. A member of a limited liability company with 20 management responsibilities. 21 4. The chief operating officer of a corporation." 22 2. By renumbering as necessary.
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