Text: S05818 Text: S05820 Text: S05800 - S05899 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Amend the House amendment, S-5740, to Senate File
1 2 2381, as amended, passed, and reprinted by the Senate,
1 3 as follows:
1 4 #1. Page 1, by inserting after line 30 the
1 5 following:
1 6 "# . Page 4, by inserting after line 8 the
1 7 following:
1 8 "Sec. __. There is appropriated from the rebuild
1 9 Iowa infrastructure fund to the department of economic
1 10 development for the fiscal year beginning July 1,
1 11 1998, and ending June 30, 1999, the following amount,
1 12 or so much thereof as is necessary, to be used for the
1 13 purpose designated:
1 14 To fund the community economic betterment
1 15 recreational and cultural program account established
1 16 in section 15.322:
1 17 .................................................. $ 5,000,000
1 18 Notwithstanding section 8.33, unencumbered or
1 19 unobligated funds remaining on June 30, 2001, from the
1 20 funds appropriated in this section shall revert to the
1 21 rebuild Iowa infrastructure fund on August 31, 2001.""
1 22 #2. Page 1, by striking lines 43 and 44.
1 23 #3. Page 2, line 7, by striking the figure
1 24 "5,820,000" and inserting the following: "2,620,000".
1 25 #4. Page 2, by inserting after line 48 the
1 26 following:
1 27 "# . Page 10, by inserting after line 11 the
1 28 following:
1 29 "Sec. __. NEW SECTION. 15.321 COMMUNITY ECONOMIC
1 30 BETTERMENT RECREATIONAL AND CULTURAL PROGRAM.
1 31 The purpose of the community economic betterment
1 32 recreational and cultural program is to assist
1 33 communities in the development and creation of
1 34 multipurpose recreational and cultural facilities.
1 35 The department shall consider whether the wages,
1 36 benefits, including health benefits, safety, and other
1 37 attributes of the project, would improve the quality
1 38 of tourism and recreational employment in the
1 39 community and the extent to which such a facility
1 40 would generate additional tourism and recreational
1 41 opportunities in the state. The department may
1 42 provide financial assistance to communities for
1 43 infrastructure improvements to multipurpose
1 44 recreational and cultural facilities which meet the
1 45 definition of vertical infrastructure pursuant to
1 46 section 8.57, subsection 5, paragraph "c". Financial
1 47 assistance may be provided in the form of a loan,
1 48 forgivable loan, loan guarantee, cost-share, or any
1 49 combination of financial assistance deemed by the
1 50 department to be most efficient in facilitating the
2 1 recreational or cultural project.
2 2 Up to $2,000,000 may be expended by the department
2 3 for a project if the department determines that an
2 4 immediate opportunity exists for the establishment of
2 5 a facility that can produce a long-term tax-generating
2 6 economic impact, if such project has the approval of
2 7 the city council of the city or board of supervisors
2 8 of the county where the project is located.
2 9 Sec. __. NEW SECTION. 15.322 COMMUNITY ECONOMIC
2 10 BETTERMENT RECREATIONAL AND CULTURAL PROGRAM ACCOUNT.
2 11 1. A community economic betterment recreational
2 12 and cultural program account is established within the
2 13 strategic investment fund to be used by the department
2 14 for the community economic betterment recreational and
2 15 cultural program. The account shall consist of all
2 16 appropriations, grants, or gifts received by the
2 17 department specifically for use under section 15.321
2 18 and any moneys allocated to the community economic
2 19 betterment recreational and cultural program account
2 20 from the strategic investment fund.
2 21 2. Payments of interest, repayments of moneys
2 22 loaned under the community economic betterment
2 23 recreational and cultural program, or recaptures of
2 24 awards shall be deposited into the strategic
2 25 investment fund.""
2 26 #5. By renumbering as necessary.
2 27
2 28
2 29
2 30 ALLEN BORLAUG
2 31
2 32
2 33
2 34 JOHN W. JENSEN
2 35
2 36
2 37
2 38 TOM VILSACK
2 39 WALLY E. HORN
2 40 MAGGIE TINSMAN
2 41 DENNIS H. BLACK
2 42 O. GENE MADDOX
2 43 ROD HALVORSON
2 44 PATRICK J. DELUHERY
2 45 SF 2381.530 77
2 46 jm/jw/28
Text: S05818 Text: S05820 Text: S05800 - S05899 Text: S 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: Tue Apr 28 03:46:58 CDT 1998
URL: /DOCS/GA/77GA/Legislation/S/05800/S05819/980422.html
jhf