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House Journal: Page 2085: Wednesday, May 1, 1996

(1)  All projects approved have starting wages not less than 90
percent of the lesser of either the average county wage or the
average regional wage, as compiled annually by the department
for the community economic betterment program.  For the purposes
of this lettered paragraph, the average regional wage shall be
compiled based upon the service delivery areas in section 84B.2,
if enacted by 1996 Iowa Acts, Senate File 2409.
(2)  The average starting wage for the businesses for which the
awards were made under the program shall exceed 100 percent of
the statewide average wage.
Additionally, the department shall provide an annual report on
the progress made by the department in making the community
economic betterment program a self-sustaining, revolving loan
program.
e.  Targeted small business incubator
Moneys appropriated for fiscal year 1995-1996 and not expended
by June 30, 1996, shall not revert but shall be held by the
department for funding, with local matching funds, the targeted
small business incubator in Des Moines for the fiscal year
beginning July 1, 1996, and ending June 30, 1997.
f.  Insurance economic development
There is appropriated from moneys collected by the division of
insurance in excess of the anticipated gross revenues under
section 505.7, subsection 3, to the department for the fiscal
year beginning July 1, 1996, and ending June 30, 1997, the
following amount, or so much thereof as is necessary, for
insurance economic development and international insurance
economic development:  
	 $	    200,000
g.  Value-added agriculture
There is appropriated from the moneys available to support
value-added agricultural products and processes, four percent,
or so much thereof as is necessary, of the total moneys
available to support value-added agricultural products and
processes pursuant to section 423.24 each quarter for
administration of the value-added agricultural products and
processes financial assistance program as provided in section
15E.111, including salaries, support, maintenance, miscellaneous
purposes, and for not more than 2.00 FTEs.
3.  COMMUNITY DEVELOPMENT DIVISION
a.  Community assistance
For salaries, support, maintenance, miscellaneous purposes, and
for not more than the following full-time equivalent positions
for administration of the community economic preparedness
program, the Iowa community betterment program, and the city
development boards:  
	 $	    578,943
	 FTEs	       8.50
There is also appropriated from the rural community 2000 program
revolving fund established in section 15.287 to the community
assistance program for the purposes of the community economic
preparedness program:  
	 $	     50,000

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