Text: H01866 Text: H01868 Text: H01800 - H01899 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 465, as passed by the Senate, as 1 2 follows: 1 3 #1. By striking page 8, line 29, through page 9, 1 4 line 24, and inserting the following: 1 5 "Sec. . Section 7C.4A, subsection 2, Code 1999, 1 6 is amended to read as follows: 1 7 2. Twelve percent of the state ceiling shall be 1 8 allocated to bonds issued to carry out programs 1 9 established underchapterschapter 260C, 260E, and1 10260F. However, at any time during the calendar year 1 11 the director of the Iowa department of economic 1 12 development may determine that a lesser amount need be 1 13 allocated and on that date this lesser amount shall be 1 14 the amount allocated for those programs and the excess 1 15 shall be allocated under subsection 7. 1 16 Sec. . Section 15.108, subsection 6, Code 1999, 1 17 is amended to read as follows: 1 18 6. Employee training and retraining. To develop 1 19 employee training and retraining strategies in 1 20 coordination with the department of education and the 1 21 department of workforce development as tools for 1 22 business development, business expansion, and enhanced 1 23 competitiveness of Iowa industry, which will promote 1 24 economic growth and the creation of new job 1 25 opportunities and to administer related programs.To1 26carry out this responsibility, the department shall:1 27a. Coordinate and perform the duties specified1 28under the Iowa industrial new jobs training Act in1 29chapter 260E, the Iowa jobs training Act in chapter1 30260F, and the workforce development fund in section1 3115.341.1 32b. In performing the duties set out in paragraph1 33"a", the department shall:1 34(1) Work closely with representatives of business1 35and industry, labor organizations, the council on1 36human investment, the department of education, the1 37department of workforce development, and educational1 38institutions to determine the employee training needs1 39of Iowa employers, and where possible, provide for the1 40development of industry-specific training programs.1 41(2) Promote Iowa employee training programs to1 42potential and existing Iowa employers and to employer1 43associations.1 44(3) Develop annual goals and objectives which will1 45identify both short-term and long-term methods to1 46improve program performance, create employment1 47opportunities for residents, and enhance the delivery1 48of services.1 49(4) Stimulate the creation of innovative employee1 50training and skills development activities, including2 1business consortium and supplier network training2 2programs, and new employee development training2 3models.2 4(5) Coordinate employee training activities with2 5other economic development finance programs to2 6stimulate job growth.2 7(6) Review workforce development initiatives as2 8they relate to the state's economic development2 9agenda, recommending action as necessary to meet the2 10needs of Iowa's communities and businesses.2 11(7) Incorporate workforce development as a2 12component of community-based economic development2 13activities.2 14 Sec. . Section 15.251, subsection 2, Code 1999, 2 15 is amended by striking the subsection. 2 16 Sec. . Section 15.333A, subsection 2, Code 2 17 1999, is amended by striking the subsection. 2 18 Sec. . Section 15A.9, subsection 3, Code 1999, 2 19 is amended by striking the subsection. 2 20 Sec. . Section 15E.196, subsection 1, Code 2 21 1999, is amended by striking the subsection. 2 22 Sec. . Section 260C.58, unnumbered paragraph 1, 2 23 Code 1999, is amended to read as follows: 2 24 To pay all or any part of the cost of carrying out 2 25 any project at any institution the board is authorized 2 26 to borrow money and to issue and sell negotiable bonds 2 27 or notes and to refund and refinance bonds or notes 2 28 issued for any project or for refunding purposes at a 2 29 lower rate, the same rate, or a higher rate or rates 2 30 of interest and from time to time as often as the 2 31 board shall find it to be advisable and necessary so 2 32 to do. Bonds or notes issued by the board for 2 33 residence hall or dormitory purposes at any 2 34 institution, including dining or other facilities and 2 35 additions, or issued for refunding purposes,may2 36either be sold in the manner specified for the selling2 37of certificates under section 260E.6 and the proceeds2 38applied to the payment of the obligations being2 39refunded, or the refunding bonds or notesmay be 2 40 exchanged for and in payment and discharge of the 2 41 obligations being refunded. A finding by the board in 2 42 the resolution authorizing the issuance of the 2 43 refunding bonds or notes, that the bonds or notes 2 44 being refunded were issued for a purpose specified in 2 45 this division and constitute binding obligations of 2 46 the board, shall be conclusive and may be relied upon 2 47 by any holder of any refunding bond or note issued 2 48 under the provisions of this division. The refunding 2 49 bonds or notes may be sold or exchanged in 2 50 installments at different times or an entire issue or 3 1 series may be sold or exchanged at one time. Any 3 2 issue or series of refunding bonds or notes may be 3 3 exchanged in part or sold in parts in installments at 3 4 different times or at one time. The refunding bonds 3 5 or notes may be sold or exchanged at any time on, 3 6 before, or after the maturity of any of the 3 7 outstanding notes, bonds or other obligations to be 3 8 refinanced thereby and may be issued for the purpose 3 9 of refunding a like or greater principal amount of 3 10 bonds or notes, except that the principal amount of 3 11 the refunding bonds or notes may exceed the principal 3 12 amount of the bonds or notes to be refunded to the 3 13 extent necessary to pay any premium due on the call of 3 14 the bonds or notes to be refunded, to fund interest in 3 15 arrears or about to become due, or to allow for 3 16 sufficient funding of the escrow account on the bonds 3 17 to be refunded. 3 18 Sec. . Section 403.19, subsection 1, paragraph 3 19 c, Code 1999, is amended by striking the paragraph. 3 20 Sec. . Section 422.33, subsection 6, Code 1999, 3 21 is amended by striking the subsection. 3 22 Sec. . Section 427B.17, subsection 6, Code 3 23 1999, is amended by striking the subsection. 3 24 Sec. . Section 427B.19, subsection 5, Code 3 25 1999, is amended by striking the subsection. 3 26 Sec. . Section 554.9310, Code 1999, is amended 3 27 to read as follows: 3 28 554.9310 PRIORITY OF CERTAIN LIENS ARISING BY 3 29 OPERATION OF LAW. 3 30 When a person in the ordinary course of the 3 31 person's business furnishes services or materials with 3 32 respect to goods subject to a security interest, a 3 33 lien upon goods in the possession of such person given 3 34 by statute or rule of law for such materials or 3 35 services takes priority over a perfected security 3 36 interest unless the lien is statutory and the statute 3 37 expressly provides otherwise. 3 38A perfected security interest in collateral takes3 39priority over any lien that is given equal precedence3 40with ordinary taxes under chapter 260E or 260F, or its3 41successor provisions, except for a lien under chapter3 42260E or 260F upon the collateral described in a3 43financing statement or a job training agreement3 44satisfying the requirements for a financing statement3 45under section 554.9402, subsection 1, which is3 46perfected by filing the financing statement or the job3 47training agreement with the secretary of state prior3 48to the perfection of a conflicting security interest,3 49and a subordinate lien under chapter 260E or 260F may3 50be divested or discharged by judicial sale, as4 1provided in Part 5 of this Article 9 or by other4 2available legal remedy notwithstanding any provision4 3to the contrary contained in chapter 260E or 260F, or4 4its successor provisions.Nothing in this section 4 5 shall abrogate the collection of, or any lien for, 4 6 unpaid property taxes which have attached to real 4 7 estate pursuant to chapter 445, including taxes levied 4 8 against tangible property that is assessed and taxed 4 9 as real property pursuant to chapter 427A, or the 4 10 collection of, or any lien for, unpaid taxes for which 4 11 notice of lien has been properly recorded or filed 4 12 pursuant to section 422.26. 4 13 Sec. . Section 554.9402, subsection 1, Code 4 14 1999, is amended to read as follows: 4 15 1. A financing statement is sufficient if it gives 4 16 the names of the debtor and the secured party, is 4 17 signed by the debtor, gives an address of the secured 4 18 party from which information concerning the security 4 19 interest may be obtained, gives a mailing address of 4 20 the debtor and contains a statement indicating the 4 21 types, or describing the items, of collateral. A 4 22 financing statement may be filed before a security 4 23 agreement is made or a security interest otherwise 4 24 attaches. When the financing statement covers crops 4 25 growing or to be grown, the statement must also 4 26 contain a description of the real estate concerned. 4 27 When the financing statement covers timber to be cut 4 28 or covers minerals or the like (including oil and gas) 4 29 or accounts subject to section 554.9103, subsection 5, 4 30 or when the financing statement is filed as a fixture 4 31 filing (section 554.9313) and the collateral is goods 4 32 which are or are to become fixtures, the statement 4 33 must also comply with subsection 5. A copy of the 4 34 security agreement is sufficient as a financing 4 35 statement if it contains the above information and is 4 36 signed by the debtor.A copy of a jobs training4 37agreement entered into under chapter 260E or 260F4 38between an employer and a community college is4 39sufficient as a financing statement if it contains the4 40information required by this section and is signed by4 41the employer.A carbon, photographic or other 4 42 reproduction of a security agreement or a financing 4 43 statement is sufficient as a financing statement if 4 44 the security agreement so provides or if the original 4 45 has been filed in this state. The secretary of state 4 46 must accept for filing a copy of a signature required 4 47 by this section. The secretary of state may adopt 4 48 rules for the electronic filing of a financing 4 49 statement. 4 50 Sec. . Section 558.1, Code 1999, is amended to 5 1 read as follows: 5 2 558.1 "INSTRUMENTS AFFECTING REAL ESTATE" DEFINED 5 3 – REVOCATION. 5 4 All instruments containing a power to convey, or in 5 5 any manner relating to real estate, including 5 6 certified copies of petitions in bankruptcy with or 5 7 without the schedules appended, of decrees of 5 8 adjudication in bankruptcy, and of orders approving 5 9 trustees' bonds in bankruptcy,and a jobs training5 10agreement entered into under chapter 260E or 260F5 11between an employer and community college which5 12contains a description of the real estate affected,5 13 shall be held to be instruments affecting the same; 5 14 and no such instrument, when acknowledged or certified 5 15 and recorded as in this chapter prescribed, can be 5 16 revoked as to third parties by any act of the parties 5 17 by whom it was executed, until the instrument 5 18 containing such revocation is acknowledged and filed 5 19 for record in the same office in which the instrument 5 20 containing such power is recorded, except that uniform 5 21 commercial code financing statements and financing 5 22 statement changes need not be thus acknowledged. 5 23 Sec. . Section 558.41, unnumbered paragraph 2, 5 24 Code 1999, is amended to read as follows: 5 25An interest in real estate evidenced by an5 26instrument so filed shall have priority over any lien5 27that is given equal precedence with ordinary taxes5 28under chapter 260E or 260F, or its successor5 29provisions, except for a lien under chapter 260E or5 30260F upon the real estate described in an instrument5 31or job training agreement filed in the office of the5 32recorder of the county in which the real estate is5 33located prior to the filing of a conflicting5 34instrument affecting the real estate, and a5 35subordinate lien under chapter 260E or 260F may be5 36divested or discharged by judicial sale or by other5 37available legal remedy notwithstanding any provision5 38to the contrary contained in chapter 260E or 260F, or5 39its successor provisions.Nothing in this section 5 40 shall abrogate the collection of, or any lien for, 5 41 unpaid property taxes which have attached to real 5 42 estate pursuant to chapter 445, including taxes levied 5 43 against tangible property that is assessed and taxed 5 44 as real property pursuant to chapter 427A, or the 5 45 collection of, or any lien for, unpaid taxes for which 5 46 notice of lien has been properly recorded pursuant to 5 47 section 422.26. 5 48 Sec. . Sections 15.331, 15.341, 15.342, 5 49 15.342A, 15.343, 15.344, 15A.7, 15A.8, 403.21, 5 50 422.11A, and 422.16A, Code 1999, are repealed. 6 1 Sec. . Chapters 260E and 260F, Code 1999, are 6 2 repealed." 6 3 #2. By renumbering as necessary. 6 4 6 5 6 6 6 7 MILLAGE of Scott 6 8 SF 465.504 78 6 9 tm/jw
Text: H01866 Text: H01868 Text: H01800 - H01899 Text: H Index Bills and Amendments: General Index Bill History: General Index
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