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For administration of chapter 260E, including salaries, support, maintenance, miscellaneous purposes, and for not more than the following full-time equivalent positions: $ 160,000 FTEs 2.40 Appropriations to the department of economic development for administration of chapter 260E and the department of employment services for the target alliance program shall be funded on a proportional basis if receipts to the job training fund are insufficient to fund both appropriations in their entirety. Sec. 4. Of all funds appropriated to or receipts credited to the job training fund created in section 260F.6, subsection 1, up to $125,000 for the fiscal year beginning July 1, 1996, and ending June 30, 1997, and not more than 1.30 of the fulltime equivalent positions may be used for the administration of the Iowa small business new job training Act. Sec. 5. Notwithstanding section 423.24, subsection 1, paragraph "b", subparagraph (1), there is appropriated for the fiscal year beginning July 1, 1996, and ending June 30, 1997, $100,000 of the total revenues collected pursuant to section 423.7 and deposited in the value-added agricultural products and processes financial assistance fund, pursuant to section 423.24, subsection 1, paragraph "b", subparagraph (1), to the Iowa cooperative extension service in agriculture and home economics at Iowa state university of science and technology for administration of the Iowa grain quality initiative. Sec. 6. The Iowa seed capital corporation is authorized up to 5.00 FTEs. The seed capital corporation shall not make any new investments after June 30, 1997. The portfolio of investments held by the seed capital corporation on June 30, 1997, shall be transferred to a private entity for management of the investments. Sec. 7. There is appropriated from the general fund of the state to the Iowa state university of science and technology for the fiscal year beginning July 1, 1996, and ending June 30, 1997, the following amounts, or so much thereof as is necessary, to be used for the purposes designated: 1. For funding and maintaining in their current locations the existing small business development centers, and for not more than the following full-time equivalent positions: $ 1,216,245 FTEs 5.80 2. For funding the institute for physical research and technology, provided that $318,358 shall be allocated to the industrial incentive program in accordance with the intent of the general assembly, and for not more than the following fulltime equivalent positions: $ 4,124,607 FTEs 46.42 It is the intent of the general assembly that the incentive program focus on Iowa industrial sectors and seek contributions and in-kind donations from businesses, industrial foundations, and trade associations and that moneys for the institute for physical research and technology industrial incentive program shall
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© 1996 Cornell College and League of Women Voters of Iowa
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Last update: Tue Jun 25 15:30:03 CDT 1996
URL: /DOCS/GA/76GA/Session.2/HJournal/02000/02089.html
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