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House Journal: Page 2135: Wednesday, May 1, 1996

23   July 1, 1996, and ending June 30, 1997, the following
24   amounts, or so much thereof as is necessary, to be
25   used for the purposes designated:
26     1.  For funding and maintaining in their current
27   locations the existing small business development
28   centers, and for not more than the following full-time
29   equivalent positions:
30  		 $	  1,216,245
31  		 FTEs	       5.80
32     2.  For funding the institute for physical research
33   and technology, provided that $318,358 shall be
34   allocated to the industrial incentive program in
35   accordance with the intent of the general assembly,
36   and for not more than the following full-time
37   equivalent positions:
38  		 $	  4,124,607
39  		 FTEs	      46.42
40     It is the intent of the general assembly that the
41   incentive program focus on Iowa industrial sectors and
42   seek contributions and in-kind donations from
43   businesses, industrial foundations, and trade
44   associations and that moneys for the institute for
45   physical research and technology industrial incentive
46   program shall only be allocated for projects which are
47   matched by private sector moneys for directed contract
48   research or for nondirected research.  The match
49   required of small businesses as defined in section
50   15.102, subsection 4, for directed contract research

Page   9

 1   or for nondirected research shall be $1 for each $3 of
 2   state funds.  The match required for other businesses
 3   for directed contract research or for nondirected
 4   research shall be $1 for each $1 of state funds.  The
 5   match required of industrial foundations or trade
 6   associations shall be $1 for each $1 of state funds.
 7     Iowa state university shall report annually to the
 8   joint appropriations subcommittee on economic
 9   development of the senate and house appropriations
10   committees the total amounts of private contributions,
11   the proportion of contributions from small businesses
12   and other businesses, and the proportion for directed
13   contract research and nondirected research of benefit
14   to Iowa businesses and industrial sectors.
15     Notwithstanding section 8.33, moneys appropriated
16   for any fiscal year which remain unobligated and
17   unexpended at the end of the fiscal year shall not
18   revert but shall be available for expenditure the
19   following fiscal year.
20     Sec. ___.  There is appropriated from the general
21   fund of the state to the state university of Iowa for
22   the fiscal year beginning July 1, 1996, and ending

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/02100/02135.html
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