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House Journal: Page 1878: Tuesday, April 21, 1998

The department may allocate from the strategic investment fund
up to $600,000 for the entrepreneurial ventures assistance
program.  The department shall seek the advice, consultation,
and cooperation of the entrepreneurial centers and the major
benefactor of the centers in the implementation of the
entrepreneurial ventures assistance program.
The department may allocate from the strategic investment fund
up to $100,000 for the microbusiness rural enterprise assistance
program under section 15.114.
The department shall provide an annual report on the progress
made by the department in making the community economic
betterment program a self-sustaining, revolving loan program.
e.  Insurance economic development
There is appropriated from moneys collected by the division of
insurance in excess of the anticipated gross revenues under
section 505.7, subsection 3, to the department for the fiscal
year beginning July 1, 1998, and ending June 30, 1999, the
following amount, or so much thereof as is necessary, for
insurance economic development and international insurance
economic development:  
	 $	    200,000
f.  Value-added agriculture
There is appropriated from the moneys available to support
value-added agricultural products and processes, four percent,
or so much thereof as is necessary, of the total moneys
available to support value-added agricultural products and
processes pursuant to section 423.24 each quarter for
administration of the value-added agricultural products and
processes financial assistance program as provided in section
15E.111, including salaries, support, maintenance, miscellaneous
purposes, and for not more than 2.00 FTEs.
The department shall collaborate with the university of northern
Iowa on a strategic initiative to develop ag-based industrial
lubrication technology and to create projects to deploy the
technology in commercial applications. Notwithstanding the
requirements of section 15E.111 and the administrative rules for
value-added agricultural products and processes, the department
shall allocate $150,000 for this initiative.
3.  COMMUNITY DEVELOPMENT DIVISION
a.  Community assistance
For salaries, support, maintenance, miscellaneous purposes, and
for not more than the following full-time equivalent positions
for administration of the community economic preparedness
program, the Iowa community betterment program, and the city
development board:  
	 $	    654,547
	 FTEs	       8.50
b.  Main street/rural main street program
For salaries and support for not more than the following
full-time equivalent positions:  
	 $	    425,219

© 1998 Cornell College and League of Women Voters of Iowa

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Last update: Wed Apr 22 13:40:08 CDT 1998
URL: /DOCS/GA/77GA/Session.2/HJournal/01800/01878.html
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