Text: HF02011                           Text: HF02013
Text: HF02000 - HF02099                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index

House File 2012

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 15E.192, subsection 2, Code Supplement
  1  2 1997, is amended to read as follows:
  1  3    2.  A city with a population of twenty-four thousand or
  1  4 more, as shown by the 1990 certified federal census, may
  1  5 create an economic development enterprise zone as authorized
  1  6 in this division, subject to certification by the department
  1  7 of economic development, by designating one or more contiguous
  1  8 census tracts, as determined in the most recent federal
  1  9 census, or designating other geographic units approved by the
  1 10 department of economic development for that purpose.  If there
  1 11 is an area in the city which meets the requirements for
  1 12 eligibility for an urban or rural enterprise community under
  1 13 Title XIII of the federal Omnibus Budget Reconciliation Act of
  1 14 1993, such area shall be designated by the state an economic
  1 15 development enterprise zone.  The area meeting the
  1 16 requirements for eligibility for an urban or rural enterprise
  1 17 community shall not be included for the purpose of determining
  1 18 the area limitation pursuant to subsection 3.  In creating an
  1 19 enterprise zone, a city with a population of twenty-four
  1 20 thousand or more, as shown by the 1990 certified federal
  1 21 census, may designate as part of the area tracts or approved
  1 22 geographic units located in a contiguous city if such tracts
  1 23 or approved geographic units meet the criteria and the city
  1 24 agrees to being included.  The city may establish more than
  1 25 one enterprise zone.  Reference in this division to "city"
  1 26 means a city with a population of twenty-four thousand or
  1 27 more, as shown by the 1990 certified federal census.  
  1 28                           EXPLANATION
  1 29    This bill allows any city in the state to be eligible to
  1 30 participate in the enterprise zone program provided other
  1 31 criteria are met.  Currently, only cities with a population of
  1 32 24,000 or more are eligible to participate in the program
  1 33 provided other criteria are met.
  1 34    The enterprise zone program was passed by the general
  1 35 assembly during the 1997 legislative session.  The program
  2  1 allows certain cities and counties to establish economic
  2  2 development enterprise zones which are subject to
  2  3 certification by the department of economic development.
  2  4 Eligible businesses located in an enterprise zone are eligible
  2  5 to receive various incentives and assistance.  
  2  6 LSB 3356HH 77
  2  7 tm/sc/14.1
     
Text: HF02011                           Text: HF02013
Text: HF02000 - HF02099                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index
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