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House Journal: Page 2095: Wednesday, May 1, 1996

 Internal Revenue Code and which has a principal mission of
actively engaging in microbusiness development, training,
technical assistance, and capital access for the start-up or
expansion of microbusinesses.
2.  The department shall contract with a microenterprise
organization actively engaged in microbusiness enterprise to
assist in the establishment of this program.  In order to
qualify for the contract, the microenterprise organization shall
do all of the following:
a.  Demonstrate a past performance of and a capacity to
successfully engage in microbusiness development.
b.  Have a statewide commitment to and focus on microbusiness
development.
c.  Provide training and technical assistance.
d.  Demonstrate an ability to provide access to capital for
start-up or expansion of a microbusiness.
e.  Have established linkages with financial institutions.
f.  Demonstrate an ability to provide follow-up technical
assistance after a microbusiness start-up or expansion.
3.  Moneys allocated pursuant to this section which remain
unexpended or unobligated at the end of a fiscal year shall
remain available to the department to support the assistance
program or may be credited to the value-added agricultural
products and processes financial assistance fund created in
section 15E.112 and shall not revert notwithstanding section
8.33.
4.  The department shall submit a report in accordance with
section 7A.11 not later than November 1 of each year detailing
the activities of the microenterprise organization and
describing the success of the project.
Sec. 18.  Section 15.313, subsection 2, Code 1995, is amended by
adding the following new paragraphs:
NEW PARAGRAPH.  g.  The entrepreneurs with disabilities
program, which provides technical and financial assistance to
help persons with disabilities become self-sufficient and create
additional employment opportunities by establishing or expanding
small business ventures.
NEW PARAGRAPH.  h.  The job opportunities for persons with
disabilities program, which provides service and technical
assistance to rehabilitation organizations or agencies that
create, expand, or spin off business ventures for persons with
disabilities.
Sec. 19.  NEW SECTION.  15A.4  COMPETITIVE PROGRAMS - GOOD
NEIGHBOR AGREEMENT - ADDITIONAL CONSIDERATION.
For any program providing financial assistance for economic
development in which the assistance is provided on a competitive
basis, a business which enters into a good neighbor agreement
shall receive extra consideration of at least ten points or the
equivalent.  A good neighbor agreement is an enforceable
contract between the business and a community group or coalition
of community groups which requires the business to adhere to
negotiated environmental, economic, labor, or other social and
community standards.
A business which fails to abide by the good neighbor agreement
shall repay all financial assistance received under the program.

Iowa General Assembly

Index: House Journal (76th General Assembly: Session 2)

© 1996 Cornell College and League of Women Voters of Iowa

Comments? hjourn@legis.iowa.gov.

Last update: Tue Jun 25 15:30:03 CDT 1996
URL: /DOCS/GA/76GA/Session.2/HJournal/02000/02095.html
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