Text: H01944 Text: H01946 Text: H01900 - H01999 Text: H Index Bills and Amendments: General Index Bill History: General Index
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 .................................................. $3,916,3973 8 3,996,897 3 9 ............................................... FTEs17.763 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
© 1997 Cornell College and League of Women Voters of Iowa
Comments about this site or page? webmaster@legis.iowa.gov. Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Thu May 1 10:14:11 CDT 1997
URL: /DOCS/GA/77GA/Legislation/H/01900/H01945/970428.html
jhf