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