Text: HSB00646 Text: HSB00648 Text: HSB00600 - HSB00699 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 15E.193, subsection 2, unnumbered 1 2 paragraph 1, Code Supplement 1997, is amended to read as 1 3 follows: 1 4 In addition to meeting the requirements under subsection 1, 1 5 an eligible business located within or requesting to locate 1 6 within an enterprise zone designated by a county shall provide 1 7 to the enterprise zone commissionwithand an eligible 1 8 business located within or requesting to locate within an 1 9 enterprise zone designated by a city shall provide to the city 1 10 all of the following: 1 11 Sec. 2. Section 15E.195, Code Supplement 1997, is amended 1 12 to read as follows: 1 13 15E.195 ENTERPRISE ZONE COMMISSION. 1 14 1. A county in which an eligible enterprise zone is 1 15 certified shall establish an enterprise zone commission to 1 16 review applications from qualified businesses located within 1 17 or requesting to locate within an enterprise zone to receive 1 18 incentives or assistance as provided in section 15E.196. The 1 19 commission shall consist of nine members. Five of these 1 20 members shall consist of one representative of the board of 1 21 supervisors, one member with economic development expertise 1 22 chosen by the department of economic development, one 1 23 representative of the county zoning board, one member of the 1 24 local community college board of directors, and one 1 25 representative of the local workforce development center. 1 26 These five members shall select the remaining four members. 1 27 If the enterprise zone consists of an area meeting the 1 28 requirements for eligibility for an urban or rural enterprise 1 29 community under Title XIII of the federal Omnibus Budget 1 30 Reconciliation Act of 1993, one of the remaining four members 1 31 shall be a representative of that zone. However, if the 1 32 enterprise zone qualifies under the city criteria, one of the 1 33 four members shall be a representative of an international 1 34 labor organization and if an enterprise zone is located in any 1 35 city,aan additional representative, chosen by the city 2 1 council, of each such citymayshall be a member of the 2 2 commission. A county shall have only one enterprise zone 2 3 commission. 2 4 2.TheIf a county designates a certified eligible 2 5 enterprise zone, the commission may adopt more stringent 2 6 requirements, including requirements related to compensation 2 7 and benefits, for a business to be eligible for incentives or 2 8 assistance than provided in section 15E.193. If a city 2 9 designates a certified eligible enterprise zone, the city may 2 10 submit to the commission more stringent requirements, 2 11 including requirements related to compensation and benefits, 2 12 for a business to be eligible for incentives or assistance 2 13 than provided in section 15E.193. The commission shall adopt 2 14 the more stringent eligibility requirements submitted by the 2 15 city. The commission or city, as applicable, may develop as 2 16 an additional requirement that preference in hiring be given 2 17 to individuals who live within the enterprise zone. The 2 18 commission or city, as applicable, shall work with the local 2 19 workforce development center to determine the labor 2 20 availability in the area. 2 21 3. If a county designates a certified eligible enterprise 2 22 zone and the enterprise zone commission determines that a 2 23 business qualifies for inclusion inanthe enterprise zone 2 24 designated by the county and is eligible to receive incentives 2 25 or assistance as provided in section 15E.196, the commission 2 26 shall submit an application for incentives or assistance to 2 27 the department of economic development. If a city designates 2 28 a certified eligible enterprise zone and the city determines 2 29 that a business qualifies for inclusion in the enterprise zone 2 30 designated by the city and is eligible to receive incentives 2 31 or assistance as provided in section 15E.196, the city shall 2 32 submit an application for incentives or assistance to the 2 33 commission. If the enterprise zone commission determines that 2 34 the business qualifies for inclusion in the enterprise zone 2 35 designated by the city and is eligible to receive incentives 3 1 or assistance provided for in section 15E.196, the commission 3 2 shall submit the application for incentives or assistance 3 3 submitted by the city, without modification, to the department 3 4 of economic development. The department may approve, defer, 3 5 or deny the application. 3 6 4. In making its decision, the commission, city, or 3 7 department shall consider the impact of the eligible business 3 8 on other businesses in competition with it and compare the 3 9 compensation package of businesses in competition with the 3 10 business being considered for incentives or assistance. The 3 11 commission, city, or department shall make a good faith effort 3 12 to identify existing Iowa businesses within an industry in 3 13 competition with the business being considered for incentives 3 14 or assistance. The commission, city, or department shall also 3 15 make a good faith effort to determine the probability that the 3 16 proposed incentives or assistance will displace employees of 3 17 existing businesses. In determining the impact on businesses 3 18 in competition with the business seeking incentives or 3 19 assistance, jobs created as a result of other jobs being 3 20 displaced elsewhere in the state shall not be considered 3 21 direct jobs created. 3 22 However, if the commission, city, or department finds that 3 23 an eligible business has a record of violations of the law, 3 24 including but not limited to environmental and worker safety 3 25 statutes, rules, and regulations, over a period of time that 3 26 tends to show a consistent pattern, the eligible business 3 27 shall not qualify for incentives or assistance under section 3 28 15E.196, unless the commission, city, or department finds that 3 29 the violations did not seriously affect public health or 3 30 safety or the environment, or if it did that there were 3 31 mitigating circumstances. In making the findings and 3 32 determinations regarding violations, mitigating circumstances, 3 33 and whether an eligible business is eligible for incentives or 3 34 assistance under section 15E.196, the commission, city, or 3 35 department shall be exempt from chapter 17A. If requested by 4 1 the commission, city, or department, the business shall 4 2 provide copies of materials documenting the type of violation, 4 3 any fees or penalties assessed, court filings, final 4 4 disposition of any findings and any other information which 4 5 would assist the commission, city, or department in assessing 4 6 the nature of any violation. 4 7 5. A business that is approved to receive incentives or 4 8 assistance shall, for the length of its designation as an 4 9 enterprise zone business, certify annually to the county or 4 10 city, as applicable, and the department of economic 4 11 development, its compliance with the requirements of section 4 12 15E.193. 4 13 Sec. 3. Section 15E.196, subsection 5, Code Supplement 4 14 1997, is amended to read as follows: 4 15 5. The county or cityfor which anwhich designates a 4 16 certified eligible enterprise zoneis certifiedmay exempt 4 17 from all property taxation all or a portion of the value added 4 18 to the property upon which an eligible business locates or 4 19 expands in an enterprise zone and which is used in the 4 20 operation of the eligible business. The county or city, as 4 21 applicable, may offer different tax exemption schedules to 4 22 eligible businesses within the enterprise zones based on the 4 23 exempt portion of value added to the property and the duration 4 24 of the exemption. The amount of value added for purposes of 4 25 this subsection shall be the amount of the increase in 4 26 assessed valuation of the property following the location or 4 27 expansion of the business in the enterprise zone. The 4 28 exemption may be allowed for a period not to exceed ten years 4 29 beginning the year the eligible business enters into an 4 30 agreement with the county or city to locate or expand 4 31 operations in an enterprise zone. The tax exemption for value 4 32 added to the property that are available to an eligible 4 33 business under this section, chapter 404, and chapter 427B in 4 34 the aggregate shall be limited to a period that does not 4 35 exceed ten years. 5 1 EXPLANATION 5 2 This bill amends the economic development enterprise zone 5 3 legislation enacted during the 1997 legislative session. 5 4 The bill provides that a city which designates a certified 5 5 enterprise zone with duties and powers equivalent to those 5 6 granted to counties which designate certified enterprise 5 7 zones. These duties and powers include requiring an eligible 5 8 business to submit relevant information to the city, allowing 5 9 the city to submit more stringent eligibility requirements for 5 10 eligible businesses, and allowing the city to determine which 5 11 eligible businesses qualify for certain incentives and 5 12 assistance. 5 13 The bill amends the eligible business incentives relating 5 14 to property tax exemptions. The bill allows a county or city 5 15 to offer different tax exemption schedules to eligible 5 16 businesses within an enterprise zone. The bill limits tax 5 17 exemptions for value added to the property available to a 5 18 business under the enterprise zone legislation and other tax 5 19 exemptions in the Code to a period not exceeding 10 years. 5 20 LSB 3653HC 77 5 21 tm/cf/24
Text: HSB00646 Text: HSB00648 Text: HSB00600 - HSB00699 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
© 1998 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: Wed Feb 18 03:44:44 CST 1998
URL: /DOCS/GA/77GA/Legislation/HSB/00600/HSB00647/980217.html
jhf