Text: H08243 Text: H08245 Text: H08200 - H08299 Text: H Index Bills and Amendments: General Index Bill History: General Index
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 exists 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 2, line 7, by inserting after the word
1 11 "enterprise" the following: "may acquire or hold an
1 12 ownership or leasehold interest in agricultural land,
1 13 if the economic development board approves a life
1 14 science enterprise plan as provided in section 15.104.
1 15 A life science enterprise must acquire or hold the
1 16 agricultural land pursuant to the plan which may be
1 17 amended as provided by the board. However, the life
1 18 science enterprise".
1 19 #4. Page 2, line 15, by striking the words
1 20 "livestock, including culls," and inserting the
1 21 following: "cull livestock".
1 22 #5. Page 2, by inserting after line 35, the
1 23 following:
1 24 "Sec. . NEW SECTION. 10C.5 REPEAL.
1 25 Sections 10C.1 through 10C.4 and this section are
1 26 repealed July 1, 2004.
1 27 Sec. . NEW SECTION. 10C.6 EXISTING LIFE
1 28 SCIENCE ENTERPRISES.
1 29 1. a. A life science enterprise may acquire or
1 30 hold agricultural land, notwithstanding section 10C.5
1 31 as that section exists in the 2003 Code or 2003 Code
1 32 Supplement, if all of the following applies:
1 33 (1) The enterprise acquires or holds the
1 34 agricultural land pursuant to chapter 10C as that
1 35 chapter exists in the 2003 Code or 2003 Code
1 36 Supplement.
1 37 (2) The economic development board has approved a
1 38 life science enterprise plan filed on or before June
1 39 30, 2004 with the board. The enterprise must acquire
1 40 or hold the agricultural land pursuant to the plan
1 41 which may be amended at any time and approved by the
1 42 board pursuant to section 15.104.
1 43 b. The life science enterprise must file a report
1 44 with the secretary of state as provided in section
1 45 10B.4.
1 46 2. A person who is a successor in interest to a
1 47 life science enterprise may acquire or hold
1 48 agricultural land, notwithstanding section 10C.5 as
1 49 that section exists in the 2003 Code or 2003 Code
1 50 Supplement, if all of the following applies:
2 1 a. The person meets the qualifications of a life
2 2 science enterprise and acquires or holds the
2 3 agricultural land as provided in chapter 10C as that
2 4 chapter exists in the 2003 Code or 2003 Code
2 5 Supplement.
2 6 b. The person acquires or holds the agricultural
2 7 land according to the life science enterprise plan
2 8 filed by the person's predecessor in interest and
2 9 approved by the economic development board. The plan
2 10 may be amended at any time and approved by the board
2 11 pursuant to section 15.104.
2 12 c. The person has filed a notice with the economic
2 13 development board as required by the board. The
2 14 notice shall state that the person is a successor in
2 15 interest. The notice must be filed with the board
2 16 within thirty days following the person's acquisition
2 17 of the interest.
2 18 d. The person must file a report as a life science
2 19 enterprise with the secretary of state as provided in
2 20 section 10B.4.
2 21 Sec. . Section 15.104, Code 1999, is amended by
2 22 adding the following new subsection:
2 23 NEW SUBSECTION. 4A. Review and approve a life
2 24 science enterprise plan or amendments to that plan as
2 25 provided in chapter 10C as that chapter exists on or
2 26 before June 30, 2004. The plan or amendments shall be
2 27 submitted by a life science enterprise as provided by
2 28 the board. The plan and shall include information
2 29 regarding the life science enterprise as required by
2 30 rules adopted by the board, including but not limited
2 31 to all of the following:
2 32 a. A description of life science products to be
2 33 developed by the enterprise.
2 34 b. The time frame required by the enterprise to
2 35 develop the life science products.
2 36 c. The amount of capital investment required by
2 37 the enterprise to develop the life science products.
2 38 d. The number of acres of land required to produce
2 39 the life science products.
2 40 Sec. ___. DIRECTIONS TO CODE EDITOR. The Code
2 41 editor may transfer section 10C.6 to another chapter
2 42 in the 2005 Code, and correct internal references as
2 43 necessary in order to enhance the readability of the
2 44 Code.
2 45 Sec. . EFFECTIVE DATE. Section 10C.6, as
2 46 enacted in this Act, takes effect July 1, 2004.
2 47 #6. Title page, line 2, by inserting after the
2 48 word "penalties" the following: "and an effective
2 49 date".
2 50 #7. By renumbering as necessary.
3 1
3 2
3 3
3 4 ALONS of Sioux
3 5
3 6
3 7
3 8 RAYHONS of Hancock
3 9 HF 2491.203 78
3 10 da/gg
Text: H08243 Text: H08245 Text: H08200 - H08299 Text: H Index Bills and Amendments: General Index Bill History: General Index
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