Text: H08225                            Text: H08227
Text: H08200 - H08299                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index



House Amendment 8226

Amendment Text

PAG LIN
  1  1    Amend House File 2491 as follows:
  1  2    #1.  Page 1, line 4, by inserting after the figure
  1  3 "10C," the following: "as that chapter existed on or
  1  4 before June 30, 2004,".
  1  5    #2.  Page 1, by inserting before line 18, the
  1  6 following:
  1  7    "   .  "Economic development board" or "board"
  1  8 means the economic development board created pursuant
  1  9 to section 15.103."
  1 10    #3.  Page 1, by striking line 25.
  1 11    #4.  Page 2, line 7, by inserting after the word
  1 12 "enterprise" the following:  "may acquire or hold an
  1 13 ownership or leasehold interest in agricultural land,
  1 14 if the economic development board approves a life
  1 15 science enterprise plan as provided in section 15.104.
  1 16 A life science enterprise must acquire or hold the
  1 17 agricultural land pursuant to the plan which may be
  1 18 amended as provided by the board.  However, the life
  1 19 science enterprise".
  1 20    #5.  Page 2, line 15, by striking the words
  1 21 "livestock, including culls," and inserting the
  1 22 following:  "cull livestock".
  1 23    #6.  Page 2, by inserting after line 35, the
  1 24 following:
  1 25    "Sec.    .  NEW SECTION.  10C.5  REPEAL.
  1 26    Sections 10C.1 through 10C.4 and this section are
  1 27 repealed July 1, 2004.
  1 28    Sec.    .  NEW SECTION.  10C.6  EXISTING LIFE
  1 29 SCIENCE ENTERPRISES.
  1 30    1.  a.  A life science enterprise may acquire or
  1 31 hold agricultural land, notwithstanding section 10C.5
  1 32 as that section existed in the 2003 Code or 2003 Code
  1 33 Supplement, if all of the following applies:
  1 34    (1)  The enterprise acquires or holds the
  1 35 agricultural land pursuant to chapter 10C as that
  1 36 chapter existed in the 2003 Code or 2003 Code
  1 37 Supplement.
  1 38    (2)  The economic development board has approved a
  1 39 life science enterprise plan filed on or before June
  1 40 30, 2004 with the board.  The enterprise must acquire
  1 41 or hold the agricultural land pursuant to the plan
  1 42 which may be amended and approved by the board at any
  1 43 time.
  1 44    b.  The life science enterprise must file a report
  1 45 with the secretary of state as provided in section
  1 46 10B.4.
  1 47    2.  A person who is a successor in interest to a
  1 48 life science enterprise may acquire or hold
  1 49 agricultural land as provided in chapter 10C as that
  1 50 chapter existed in the 2003 Code or 2003 Code
  2  1 Supplement, if all of the following applies:
  2  2    a.  The person meets the qualifications of a life
  2  3 science enterprise and acquires or holds the
  2  4 agricultural land as provided in chapter 10C as that
  2  5 chapter existed in the 2003 Code or 2003 Code
  2  6 Supplement.
  2  7    b.  The person acquires or holds the agricultural
  2  8 land according to the life science enterprise plan
  2  9 filed by the person's predecessor in interest and
  2 10 approved by the economic development board.
  2 11    c.  The person has filed a notice with the economic
  2 12 development board as required by the board.  The
  2 13 notice shall state that the person is a successor in
  2 14 interest.  The notice must be filed with the board
  2 15 within thirty days following the person's acquisition
  2 16 of the interest.
  2 17    d.  The person must file a report with the
  2 18 secretary of state as provided in section 10B.4.
  2 19    Sec.    .  Section 15.104, Code 1999, is amended by
  2 20 adding the following new subsection:
  2 21    NEW SUBSECTION.  4A.  Review and approve a life
  2 22 science enterprise plan as provided in chapter 10C as
  2 23 that chapter existed on or before June 30, 2004.  The
  2 24 plan shall be submitted by a life science enterprise,
  2 25 and shall include information regarding the life
  2 26 science enterprise as required by rules adopted by the
  2 27 board, including but not limited to all of the
  2 28 following:
  2 29    a.  A description of life science products to be
  2 30 developed by the enterprise.
  2 31    b.  The time frame required by the enterprise to
  2 32 develop the life science products.
  2 33    c.  The amount of capital investment required by
  2 34 the enterprise to develop the life science products.
  2 35    d.  The number of acres of land required to produce
  2 36 the life science products.
  2 37    Sec.  ___.  DIRECTIONS TO CODE EDITOR.  The Code
  2 38 editor may transfer section 10C.6 to another chapter
  2 39 in the 2005 Code, and correct internal references as
  2 40 necessary in order to enhance the readability of the
  2 41 Code.
  2 42    Sec.    .  EFFECTIVE DATE.  Section 10C.6, as
  2 43 enacted in this Act, takes effect July 1, 2004.
  2 44    #7.  Title page, line 2, by inserting after the
  2 45 word "penalties" the following:  "and an effective
  2 46 date".
  2 47    #8.  By renumbering as necessary.  
  2 48 
  2 49 
  2 50                               
  3  1 ALONS of Sioux 
  3  2 
  3  3 
  3  4                               
  3  5 RAYHONS of Hancock 
  3  6 HF 2491.502 78
  3  7 da/as
     

Text: H08225                            Text: H08227
Text: H08200 - H08299                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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