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House Journal: Page 1849: Tuesday, April 21, 1998

40   locations the existing small business development
41   centers, and for not more than the following full-time
42   equivalent positions:
43  		 $	  1,235,880
44  		 FTEs	       5.80
45     2.  For the Iowa state university of science and
46   technology research park, including salaries, support,
47   maintenance, miscellaneous purposes, and for not more
48   than the following full-time equivalent positions:
49  		 $	    376,500
50  		 FTEs	       4.31

Page 9

 1     3.  For funding the institute for physical research
 2   and technology, provided that $318,358 shall be
 3   allocated to the industrial incentive program in
 4   accordance with the intent of the general assembly,
 5   and for not more than the following full-time
 6   equivalent positions:
 7  		 $	  4,379,458
 8  		 FTEs	      46.42
 9     It is the intent of the general assembly that the
10   incentive program focus on Iowa industrial sectors and
11   seek contributions and in-kind donations from
12   businesses, industrial foundations, and trade
13   associations and that moneys for the institute for
14   physical research and technology industrial incentive
15   program shall only be allocated for projects which are
16   matched by private sector moneys for directed contract
17   research or for nondirected research.  The match
18   required of small businesses as defined in section
19   15.102, subsection 4, for directed contract research
20   or for nondirected research shall be $1 for each $3 of
21   state funds.  The match required for other businesses
22   for directed contract research or for nondirected
23   research shall be $1 for each $1 of state funds.  The
24   match required of industrial foundations or trade
25   associations shall be $1 for each $1 of state funds.
26     Iowa state university of science and technology
27   shall report annually to the joint appropriations
28   subcommittee on economic development and legislative
29   fiscal bureau the total amounts of private
30   contributions, the proportion of contributions from
31   small businesses and other businesses, and the
32   proportion for directed contract research and
33   nondirected research of benefit to Iowa businesses and
34   industrial sectors.
35     Notwithstanding section 8.33, moneys appropriated
36   for the fiscal year which remain unobligated and
37   unexpended at the end of the fiscal year shall not
38   revert but shall be available for expenditure the
39   following fiscal year.

© 1998 Cornell College and League of Women Voters of Iowa

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