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Text: HSB00051                          Text: HSB00053
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House Study Bill 52

Bill Text

PAG LIN
  1  1    Section 1.  Section 15.331B, subsection 3, Code 1997, is
  1  2 amended by striking the subsection.
  1  3    Sec. 2.  Section 15.337, unnumbered paragraph 3, Code 1997,
  1  4 is amended by striking the unnumbered paragraph.  
  1  5                           EXPLANATION
  1  6    Code section 15.331B provides an exemption from the land
  1  7 ownership restrictions for nonresident aliens.  This bill
  1  8 repeals the provision in section 15.331B which limits
  1  9 eligibility for this exemption to businesses which apply for
  1 10 an exempt business designation by July 1, 1998.
  1 11    Code section 15.337 relates to the waiver of qualification
  1 12 requirements for the new jobs and income program.  The
  1 13 qualification requirements included in this waiver are the
  1 14 capital investment requirement and the requirement for number
  1 15 of positions created.  This bill repeals the provision in
  1 16 section 15.337 which states that the department of economic
  1 17 development cannot grant such waivers after June 30, 1998.  
  1 18 LSB 1323DP 77
  1 19 tm/jw/5
     

Text: HSB00051                          Text: HSB00053
Text: HSB00000 - HSB00099               Text: HSB Index
Bills and Amendments: General Index     Bill History: General Index

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