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Senate File 439

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 15.113, Code 1997, is amended to read
  1  2 as follows:
  1  3    15.113  ECONOMIC DEVELOPMENT ASSISTANCE – REPORT.
  1  4    In order for the general assembly to have accurate and
  1  5 complete information regarding expenditures for economic
  1  6 development and job training incentives and to respond to the
  1  7 job training needs of Iowa workers, the department shall
  1  8 provide to the legislative fiscal bureau by January 15 of each
  1  9 year, 1998, and every two years thereafter, data on all
  1 10 assistance or benefits provided under the community economic
  1 11 betterment program, the new jobs and income program, and the
  1 12 Iowa industrial new jobs training Act during the previous
  1 13 calendar year following programs during the two previous
  1 14 calendar years:
  1 15    1.  Community economic betterment program.
  1 16    2.  New jobs and income program.
  1 17    3.  Iowa industrial new jobs training program.
  1 18    4.  Workforce development fund program.
  1 19    5.  Community development and block grant program.
  1 20    6.  Technology transfer programs.
  1 21    PARAGRAPH DIVIDED.  The department shall meet with the
  1 22 legislative fiscal bureau prior to submitting the data to
  1 23 assure that its form and specificity are sufficient to provide
  1 24 accurate and complete information to the general assembly.
  1 25 The department shall also contact other state agencies
  1 26 providing financial assistance to Iowa businesses and, to the
  1 27 extent practical, coordinate the submission of the data to the
  1 28 legislative fiscal bureau.
  1 29    Sec. 2.  NEW SECTION.  159.15A  ECONOMIC DEVELOPMENT
  1 30 ASSISTANCE – REPORT.
  1 31    In order for the general assembly to have accurate and
  1 32 complete information regarding expenditures for economic
  1 33 development, the department shall provide to the legislative
  1 34 fiscal bureau by January 15, 1998, and every two years
  1 35 thereafter, data on all assistance or benefits provided to
  2  1 encourage, promote, and advance the interests of the
  2  2 agriculture industry and farm businesses.  The department
  2  3 shall meet with the legislative fiscal bureau prior to
  2  4 submitting the data to assure that its form and specificity
  2  5 are sufficient to provide accurate and complete information to
  2  6 the general assembly.  The department may provide some or all
  2  7 of the data in conjunction with the department of economic
  2  8 development pursuant to section 15.113.
  2  9    Sec. 3.  NEW SECTION.  421.13  ECONOMIC DEVELOPMENT
  2 10 ASSISTANCE – REPORT.
  2 11    In order for the general assembly to have accurate and
  2 12 complete information regarding expenditures for economic
  2 13 development, the department shall provide to the legislative
  2 14 fiscal bureau by January 15, 1998, and every two years
  2 15 thereafter, data on all sales tax exemptions, property tax
  2 16 exemptions and credits, and income tax exemptions, deductions,
  2 17 and credits provided to businesses operating in the state.
  2 18 The department shall meet with the legislative fiscal bureau
  2 19 prior to submitting the data to assure that its form and
  2 20 specificity are sufficient to provide accurate and complete
  2 21 information to the general assembly.  The department may
  2 22 provide some or all of the data in conjunction with the
  2 23 department of economic development pursuant to section 15.113.  
  2 24                           EXPLANATION
  2 25    This bill requires the Iowa department of economic
  2 26 development, the Iowa department of agriculture and land
  2 27 stewardship, and the Iowa department of revenue and finance to
  2 28 provide, every two years, the legislative fiscal bureau with a
  2 29 report of expenditures related to economic development and
  2 30 economic development programs.
  2 31    The bill requires the first report to be provided to the
  2 32 legislative fiscal bureau in 1998.  
  2 33 LSB 2163SS 77
  2 34 sc/sc/14
     
Text: SF00438                           Text: SF00440
Text: SF00400 - SF00499                 Text: SF Index
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