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Text: H01944                            Text: H01946
Text: H01900 - H01999                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index



House Amendment 1945

Amendment Text

PAG LIN
  1  1    Amend House File 724, as amended, passed, and
  1  2 reprinted by the House, as follows:
  1  3    #1.  Page 1, line 13, by striking the word "twenty-
  1  4 five" and inserting the following:  "twenty-four".
  1  5    #2.  Page 1, line 14, by inserting after the word
  1  6 "more" the following:  ", as shown by the 1990
  1  7 certified federal census,".
  1  8    #3.  Page 1, line 18, by inserting after the word
  1  9 "census" the following:  "or designating other
  1 10 geographic units approved by the department of
  1 11 economic development".
  1 12    #4.  Page 1, line 19, by striking the words "is a
  1 13 designated urban" and inserting the following:  "meets
  1 14 the requirements for eligibility for an urban or
  1 15 rural".
  1 16    #5.  Page 1, lines 22 and 23, by striking the words
  1 17 "within a designated urban" and inserting the
  1 18 following:  "meeting the requirements for eligibility
  1 19 for an urban or rural".
  1 20    #6.  Page 1, line 26, by striking the word "twenty-
  1 21 five" and inserting the following:  "twenty-four".
  1 22    #7.  Page 1, line 26, by inserting after the word
  1 23 "more" the following:  ", as shown by the 1990
  1 24 certified federal census,".
  1 25    #8.  Page 1, line 27, by inserting after the word
  1 26 "tracts" the following:  "or approved geographic
  1 27 units".
  1 28    #9.  Page 1, line 28, by inserting after the word
  1 29 "tracts" the following:  "or approved geographic
  1 30 units".
  1 31    #10.  Page 1, line 31, by striking the word
  1 32 "twenty-five" and inserting the following:  "twenty-
  1 33 four".
  1 34    #11.  Page 1, line 31, by inserting after the word
  1 35 "more" the following:  ", as shown by the 1990
  1 36 certified federal census,".
  1 37    #12.  Page 2, line 33, by striking the word "one-
  1 38 time".
  1 39    #13.  Page 2, line 34, by striking the word "is"
  1 40 and inserting the following:  "will be".
  1 41    #14.  Page 3, line 5, by inserting after the word
  1 42 "from" the following:  "two hundred fifty thousand
  1 43 dollars of".
  1 44    #15.  Page 3, line 6, by inserting after the word
  1 45 "paragraph" the following:  "of up to two hundred
  1 46 fifty thousand dollars of the fair market value, as
  1 47 established by an appraisal, of the building and
  1 48 land".
  1 49    #16.  Page 3, by inserting after line 23 the
  1 50 following:
  2  1    "3. If a business has received incentives or
  2  2 assistance under section 15E.186 and fails to maintain
  2  3 the requirements of subsection 1 to be an eligible
  2  4 business, the business is subject to repayment of all
  2  5 or a portion of the incentives and assistance that it
  2  6 has received.  The city or county, as applicable,
  2  7 shall have the authority to take action to recover the
  2  8 value of taxes not collected as a result of the
  2  9 exemption provided by the community to the business.
  2 10 The department of revenue and finance shall have the
  2 11 authority to recover the value of state taxes or
  2 12 incentives provided under section 15E.186.  The value
  2 13 of state incentives provided under section 15E.186
  2 14 includes applicable interest and penalties.  The
  2 15 department of economic development and the city and
  2 16 county, as applicable, shall enter into agreement with
  2 17 the business specifying the method for determining the
  2 18 amount of incentives or assistance paid which will be
  2 19 repaid in the event of failure to maintain the
  2 20 requirements of subsection 1.  In addition, a business
  2 21 that fails to maintain the requirements of subsection
  2 22 1 shall not receive incentives or assistance for each
  2 23 year during which the business is not in compliance."
  2 24    #17.  Page 4, by inserting after line 15 the
  2 25 following:
  2 26    "e.  The area is a blighted area, as defined in
  2 27 section 403.17."
  2 28    #18.  Page 4, line 34, by striking the words "a
  2 29 designated urban" and inserting the following:  "an
  2 30 area meeting the requirements for eligibility for an
  2 31 urban or rural".
  2 32    #19.  Page 5, line 9, by inserting after the word
  2 33 "requirements" the following:  ", including
  2 34 requirements related to compensation and benefits,".
  2 35    #20.  Page 7, line 11, by inserting after the words
  2 36 "of the" the following:  "value added to the".
  2 37    #21.  Page 7, line 13, by inserting after the word
  2 38 "business." the following:  "The amount of value added
  2 39 for purposes of this subsection shall be the amount of
  2 40 the increase in assessed valuation of the property
  2 41 following the location or expansion of the business in
  2 42 the enterprise zone."
  2 43    #22.  Page 7, by inserting after line 17 the
  2 44 following:
  2 45    "Sec. ___.  1997 Iowa Acts, House File 655, section
  2 46 1, subsection 2, paragraph a, unnumbered paragraph 1,
  2 47 is amended to read as follows:
  2 48    For salaries, support, maintenance, miscellaneous
  2 49 purposes, for not more than the following full-time
  2 50 equivalent positions, for allocating $495,000 to
  3  1 support activities in conjunction with the Iowa
  3  2 manufacturing technology center, $150,000 to the
  3  3 graphic arts center, and $100,000 to the university of
  3  4 northern Iowa for operation of industrial technology
  3  5 programs at the ag based industrial lubrication
  3  6 center:  
  3  7 .................................................. $  3,916,397
  3  8                                                       3,996,897
  3  9 ............................................... FTEs      17.76
  3 10                                                           19.26"
  3 11    #23.  Title page, line 5, by inserting after the
  3 12 word "zone" the following:  "and increasing an
  3 13 appropriation".
  3 14    #24.  By renumbering, relettering, or redesignating
  3 15 and correcting internal references as necessary.  
  3 16 HF 724S
  3 17 mg/cc/26
     

Text: H01944                            Text: H01946
Text: H01900 - H01999                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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