Text: HSB00738 Text: HSB00740 Text: HSB00700 - HSB00799 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 10B.4, subsection 2, Code 1999, is 1 2 amended by adding the following new paragraph: 1 3 NEW PARAGRAPH. g. If the reporting entity is a life 1 4 science enterprise, as provided in chapter 10C, the total 1 5 amount of commercial sales of life science products and 1 6 incidental sales associated with raising animals. 1 7 Sec. 2. NEW SECTION. 10C.1 DEFINITIONS. 1 8 1. "Agricultural commodity" means the same as defined in 1 9 section 190C.1. 1 10 2. "Agricultural land" means land suitable for use in 1 11 farming as defined in section 9H.1. 1 12 3. "Animal" means a creature belonging to the bovine, 1 13 caprine, equine, ovine, or porcine species; ostriches, rheas, 1 14 or emus; farm deer as defined in section 481A.1; or poultry. 1 15 4. "Corporation" means a domestic or foreign corporation 1 16 subject to chapter 490, a nonprofit corporation, or a 1 17 cooperative. 1 18 5. "Crop" means a plant used for food, animal feed, fiber, 1 19 or oil, including but not limited to a plant classified as a 1 20 forage or cereal plant. 1 21 6. "Life science enterprise" or "enterprise" means a 1 22 corporation or limited liability company organized for the 1 23 purpose of using biotechnological systems or techniques for 1 24 the production of life science products. 1 25 7. "Life science product" or "product" means a product 1 26 derived from an animal by using biotechnological systems or 1 27 techniques and which included only the following: 1 28 a. Embryos or oocytes for use in implantation. 1 29 b. Blood, milk, or urine for use in the manufacture of 1 30 pharmaceuticals or nutriceuticals. 1 31 c. Cells, tissue, or organs for use in transplantation. 1 32 8. "Limited liability company" means a limited liability 1 33 company as defined in section 490A.102. 1 34 Sec. 3. NEW SECTION. 10C.2 PURPOSE. 1 35 The purpose of this chapter is to promote economic growth 2 1 in this state during this period of revolutionary 2 2 technological advancement in animal and human health sciences, 2 3 by providing for the development of industries unrelated to 2 4 traditional farming, but devoted to the production of life 2 5 science products derived from animals. 2 6 Sec. 4. NEW SECTION. 10C.3 ENTERPRISES ENGAGED IN THE 2 7 CREATION AND DEVELOPMENT OF LIFE SCIENCE PRODUCTS 2 8 PROHIBITION AND EXCEPTIONS. 2 9 Except as otherwise provided in this section, a life 2 10 science enterprise shall not hold an interest in agricultural 2 11 land as provided in section 9H.4. However, this section or 2 12 section 9H.4 shall not preclude such an enterprise from 2 13 holding an interest in land if all of the following apply: 2 14 1. The land is used for the purpose of producing life 2 15 science products. 2 16 2. The land is not used to produce agricultural 2 17 commodities, including crops, for any purpose except for crops 2 18 used to feed animals raised on the land for the purpose of 2 19 producing a life science product or incidental sales of 2 20 animals, including culls, which are raised for the purpose of 2 21 producing a life science product. 2 22 3. The life science enterprise does not hold a total of 2 23 more than one thousand five hundred acres of agricultural land 2 24 for use in producing life science products as provided in this 2 25 section. The enterprise may hold an ownership or leasehold 2 26 interest in the land. 2 27 Sec. 5. NEW SECTION. 10C.4 ENFORCEMENT PENALTIES. 2 28 1. The office of attorney general or a county attorney 2 29 shall enforce the provisions of this chapter. 2 30 2. A life science enterprise violating this chapter shall 2 31 be assessed a civil penalty of not more than twenty-five 2 32 thousand dollars and shall divest itself of any land held in 2 33 violation of this section within one year after judgment. The 2 34 court may determine the method of divesting an interest held 2 35 by a life science enterprise found to be in violation of this 3 1 chapter. A financial gain realized by the enterprise which 3 2 disposes of an interest held in violation of this chapter 3 3 shall be forfeited to the general fund of the state. All 3 4 court costs and fees shall be paid by the enterprise holding 3 5 the interest in violation of this chapter. 3 6 3. The courts of this state may prevent and restrain 3 7 violations of this chapter through the issuance of an 3 8 injunction. The attorney general or a county attorney shall 3 9 institute suits on behalf of the state to prevent and restrain 3 10 violations of this chapter. 3 11 EXPLANATION 3 12 This bill creates new Code chapter 10C. According to the 3 13 bill, the purpose of the new Code chapter is to promote 3 14 economic growth in this state by providing for the development 3 15 of industries unrelated to traditional farming, but devoted to 3 16 the production of life science products derived from animals. 3 17 The bill provides that a life science product is a product 3 18 derived from an animal which includes only embryos or oocytes 3 19 for use in implantation; blood, milk, or urine for use in the 3 20 manufacture of pharmaceuticals or nutriceuticals; or cells, 3 21 tissue, or organs for use in transplantation. 3 22 The bill provides that a life science enterprise is 3 23 prohibited from holding an interest in agricultural land as 3 24 provided in Code chapter 9H, unless the land is used for the 3 25 purpose of producing life science products; the land is not 3 26 used to produce agricultural commodities, including crops, for 3 27 any purpose except for crops used to feed animals on the land 3 28 or incidental sales of animals; and the enterprise does not 3 29 hold a total of more than 1,500 acres of agricultural land. 3 30 The bill provides that the office of attorney general or a 3 31 county attorney shall enforce the provisions of the new Code 3 32 chapter. The bill provides that an enterprise violating 3 33 provisions of the Code chapter shall be assessed a civil 3 34 penalty of not more than $25,000 and shall divest itself of 3 35 any land held in violation of the 1,500-acre limit. The bill 4 1 provides that a court may grant an injunction in order to 4 2 restrain violations of the bill's provisions. 4 3 The bill also amends Code chapter 10B, which provides for 4 4 reporting of agricultural land holdings. The bill provides 4 5 that along with other information required to be reported, an 4 6 enterprise must report the total amount of commercial sales of 4 7 life science products and incidental sales associated with 4 8 raising animals. A person failing to report as required under 4 9 that chapter is subject to a civil penalty of $1,000. 4 10 LSB 6843YC 78 4 11 da/cf/24
Text: HSB00738 Text: HSB00740 Text: HSB00700 - HSB00799 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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