Text: HF00490                           Text: HF00492
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House File 491

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 15E.193, subsection 1, unnumbered
  1  2 paragraph 1, Code 1999, is amended to read as follows:
  1  3    A business which is or will be located in an enterprise
  1  4 zone is eligible to receive incentives and assistance under
  1  5 this division if the business has not closed or reduced its
  1  6 operation in one an area of the state outside the boundaries
  1  7 of the enterprise zone and relocated substantially the same
  1  8 operation into within the boundaries of the enterprise zone
  1  9 and if the business meets all of the following:
  1 10    Sec. 2.  Section 15E.193A, subsection 1, unnumbered
  1 11 paragraph 1, Code 1999, is amended to read as follows:
  1 12    A business which is not located in an enterprise zone is
  1 13 eligible to receive incentives and assistance under section
  1 14 15E.196 if the business has not closed or reduced its
  1 15 operation in one an area of the state outside the boundaries
  1 16 of location which qualifies the business under this section
  1 17 and relocated substantially the same operation in a location
  1 18 which qualifies the business under this section and if the
  1 19 business meets all of the following criteria:
  1 20    Sec. 3.  Section 15E.193A, subsection 2, Code 1999, is
  1 21 amended to read as follows:
  1 22    2.  After approval of a project by ordinance or resolution,
  1 23 the city shall submit an application for incentives and
  1 24 assistance to the department of economic development.  As part
  1 25 of the application, the city shall submit information relating
  1 26 the requirements listed in subsection 1 and in section
  1 27 15E.193, subsection 2.  The department Iowa economic
  1 28 development board may approve, defer, or deny the application.
  1 29    Sec. 4.  Section 15E.193B, subsection 6, unnumbered
  1 30 paragraph 1, Code 1999, is amended to read as follows:
  1 31    An eligible housing business which has been approved to
  1 32 receive incentives and assistance by the department of Iowa
  1 33 economic development board pursuant to application as provided
  1 34 in section 15E.195 shall receive all of the following
  1 35 incentives and assistance for a period not to exceed ten
  2  1 years:
  2  2    Sec. 5.  Section 15E.195, subsections 4 and 5, Code 1999,
  2  3 are amended to read as follows:
  2  4    4.  If the enterprise zone commission determines that a
  2  5 business qualifies and is eligible to receive incentives or
  2  6 assistance as provided in either section 15E.193B or section
  2  7 15E.196, the commission shall submit an application for
  2  8 incentives or assistance to the department of economic
  2  9 development.  The department final decision concerning an
  2 10 application for incentives or assistance rests solely with the
  2 11 Iowa economic development board.  The board may approve,
  2 12 defer, or deny the an application.
  2 13    5.  In making its decision, the commission or department
  2 14 the Iowa economic development board shall consider the impact
  2 15 of the eligible business on other businesses in competition
  2 16 with it and compare the compensation package of businesses in
  2 17 competition with the business being considered for incentives
  2 18 or assistance.  The commission or department board shall make
  2 19 a good faith effort to identify existing Iowa businesses
  2 20 within an industry in competition with the business being
  2 21 considered for incentives or assistance.  The commission or
  2 22 department board shall also make a good faith effort to
  2 23 determine the probability that the proposed incentives or
  2 24 assistance will displace employees of existing businesses.  In
  2 25 determining the impact on businesses in competition with the
  2 26 business seeking incentives or assistance, jobs created as a
  2 27 result of other jobs being displaced elsewhere in the state
  2 28 shall not be considered direct jobs created.
  2 29    However, if the commission or department board finds that
  2 30 an eligible business has a record of violations of the law,
  2 31 including but not limited to environmental and worker safety
  2 32 statutes, rules, and regulations, over a period of time that
  2 33 tends to show a consistent pattern, the eligible business
  2 34 shall not qualify for incentives or assistance under section
  2 35 15E.193B or section 15E.196, unless the commission or
  3  1 department board finds that the violations did not seriously
  3  2 affect public health or safety or the environment, or if it
  3  3 did that there were mitigating circumstances.  In making the
  3  4 findings and determinations regarding violations, mitigating
  3  5 circumstances, and whether an eligible business is eligible
  3  6 for incentives or assistance under section 15E.193B or section
  3  7 15E.196, the commission or department board shall be exempt
  3  8 from chapter 17A.  If requested by the commission or
  3  9 department board, the business shall provide copies of
  3 10 materials documenting the type of violation, any fees or
  3 11 penalties assessed, court filings, final disposition of any
  3 12 findings and any other information which would assist the
  3 13 commission or department board in assessing the nature of any
  3 14 violation.
  3 15    Sec. 6.  Section 15E.196, unnumbered paragraph 1, Code
  3 16 1999, is amended to read as follows:
  3 17    For purposes of determining the incentives or assistance
  3 18 provided in this section, "eligible business" means a business
  3 19 which has been approved to receive incentives and assistance
  3 20 by the department of Iowa economic development board pursuant
  3 21 to application as provided in section 15E.195.  The incentives
  3 22 and assistance provided under this division for businesses
  3 23 located in enterprise zones shall be for a period not to
  3 24 exceed ten years and shall include all of the following:  
  3 25                           EXPLANATION 
  3 26    This bill relates to the enterprise zone program.  The bill
  3 27 provides that, as one criteria, a business shall not be
  3 28 eligible for incentives and assistance if the business closes
  3 29 or reduces its operation in an area of state outside the
  3 30 boundaries of the enterprise zone and relocates substantially
  3 31 the same operation within the boundaries of the enterprise
  3 32 zone.  The bill makes a similar amendment to the provision
  3 33 relating to the alternative eligible business criteria which
  3 34 are businesses that are not located in an enterprise zone, but
  3 35 meet certain specified criteria.  The bill provides final
  4  1 decision making concerning an application for incentives or
  4  2 assistance rests with the Iowa economic development board.  
  4  3 LSB 2670HH 78
  4  4 tm/sc/14
     

Text: HF00490                           Text: HF00492
Text: HF00400 - HF00499                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index

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