Text: HF00586                           Text: HF00588
Text: HF00500 - HF00599                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index



House File 587

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  NEW SECTION.  15.371  COMMUNITY ATTRACTION AND
  1  2 TOURISM DEVELOPMENT PROGRAM.
  1  3    1.  The department shall establish and administer a
  1  4 community attraction and tourism development program to assist
  1  5 communities in the development and creation of multiple
  1  6 purpose attraction and tourism facilities.  Financial
  1  7 assistance received under this program shall be used for land
  1  8 acquisition and construction, major renovation, or major
  1  9 repair of buildings, all appurtenant structures, utilities,
  1 10 site development, and recreational trails.
  1 11    2.  A political subdivision of this state or a public
  1 12 organization may submit an application to the department for
  1 13 financial assistance for a project under the program.  The
  1 14 assistance shall be in the form of grants, loans, forgivable
  1 15 loans, and loan guarantees.  The application shall include,
  1 16 but not be limited to, the following information:
  1 17    a.  The total capital investment of the project.
  1 18    b.  The amount or percentage of local and private matching
  1 19 moneys which will be provided for the project.
  1 20    c.  The total number of jobs to be created or retained by
  1 21 the project.
  1 22    d.  The need of the community for the project and the
  1 23 financial assistance.
  1 24    e.  The long-term tax generating impact of the project.
  1 25    Sec. 2.  NEW SECTION.  15.372  COMMUNITY ATTRACTION AND
  1 26 TOURISM DEVELOPMENT FUND.
  1 27    1.  The department may establish a community attraction and
  1 28 tourism development fund consisting of any moneys appropriated
  1 29 by the general assembly for that purpose and any other moneys
  1 30 available to and obtained or accepted by the department for
  1 31 placement in the fund.
  1 32    2.  Payments of interest, repayments of moneys loaned
  1 33 pursuant to this division, and recaptures of awards shall be
  1 34 deposited in the fund.
  1 35    3.  The fund may be used for any of the following purposes:
  2  1    a.  To provide grants, loans, forgivable loans, and loan
  2  2 guarantees under the community attraction and tourism
  2  3 development program established in section 15.371.
  2  4    b.  To provide the basis for a marketing and promotion
  2  5 strategy through approved planning, regional assessments,
  2  6 community mobilization, and market research such as traveler
  2  7 profiles, preferences, travel patterns, and desired
  2  8 activities.
  2  9    Sec. 3.  NEW SECTION.  15.373  COMMUNITY ATTRACTION AND
  2 10 TOURISM DEVELOPMENT PROGRAM REVIEW COMMITTEE – APPLICATION
  2 11 REVIEW.
  2 12    1.  A community attraction and tourism development program
  2 13 review committee is established consisting of seven members.
  2 14 The director shall appoint one member representing the travel
  2 15 federation of Iowa, one member representing gaming facilities,
  2 16 one member representing an association with expertise in the
  2 17 vertical infrastructure industry, one member representing a
  2 18 regents institution with expertise in economic promotion, one
  2 19 member representing a council of governments, and one member
  2 20 representing the professional developers of Iowa.  The
  2 21 governor shall appoint the remaining member.
  2 22    2.  The community attraction and tourism development
  2 23 program review committee shall review applications for
  2 24 community attraction and tourism development fund assistance
  2 25 and make recommendations to the department regarding the
  2 26 applications.  Upon review of the recommendations of the
  2 27 committee, the department shall approve, defer, or deny the
  2 28 application.
  2 29    3.  When reviewing the applications, the community
  2 30 attraction and tourism development program review committee
  2 31 and the department shall consider, at a minimum, all of the
  2 32 following:
  2 33    a.  Whether the wages, benefits, including health benefits,
  2 34 safety, and other attributes of the project would improve the
  2 35 quality of attraction and tourism employment in the community.
  3  1    b.  The extent to which such a project would generate
  3  2 additional attraction and tourism opportunities.
  3  3    c.  The ability of the project to produce a long-term tax
  3  4 generating economic impact.
  3  5    d.  The geographic diversity of the projects in the
  3  6 applications.
  3  7    Sec. 4.  APPROPRIATION.  There is appropriated from the
  3  8 rebuild Iowa infrastructure fund of the state to the
  3  9 department of economic development for the fiscal year
  3 10 beginning July 1, 1999, and ending June 30, 2000, the
  3 11 following amount, or so much thereof as is necessary, to be
  3 12 used for the purposes designated:
  3 13    For the community attraction and tourism development fund:  
  3 14 .................................................. $ 15,000,000
  3 15    Sec. 5.  This Act, being deemed of immediate importance,
  3 16 takes effect upon enactment.  
  3 17                           EXPLANATION
  3 18    This bill establishes the community attraction and tourism
  3 19 development program.  The bill provides that the program will
  3 20 assist communities in the development and creation of multiple
  3 21 purpose attraction and tourism facilities.  A political
  3 22 subdivision of the state or a public organization may submit
  3 23 an application for financial assistance under the program.
  3 24 The bill provides that all applications are initially reviewed
  3 25 by the seven-member community attraction and tourism
  3 26 development program review committee.  After reviewing the
  3 27 recommendations by the committee, the department is required
  3 28 to approve, defer, or deny the application.  The bill provides
  3 29 that criteria which are to be considered in reviewing the
  3 30 application include the projected employment impact of the
  3 31 project, the projected attraction and tourism opportunities
  3 32 generated by the project, the projected economic impact of the
  3 33 project, and the geographic diversity of the projects in the
  3 34 applications.
  3 35    The bill also establishes the community attraction and
  4  1 tourism development fund.  The bill provides that the fund is
  4  2 to be used for funding projects under the community attraction
  4  3 and tourism development program and to provide the basis for a
  4  4 marketing and promotion strategy.  The bill appropriates $15
  4  5 million from the rebuild Iowa infrastructure fund for the
  4  6 fiscal year beginning July 1, 1999,  and ending June 30, 2000.
  4  7    The bill takes effect upon enactment.  
  4  8 LSB 1320HV 78
  4  9 tm/gg/8.1
     

Text: HF00586                           Text: HF00588
Text: HF00500 - HF00599                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index

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