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House Journal: Page 880: Wednesday, March 20, 1996

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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