House Journal: Page 1358: Monday, April 10, 2000
9 life science enterprise, as provided in chapter 10C,
10 as that chapter exists on or before June 30, 2004, the
11 total amount of commercial sale of life science
12 products and products other than life science products
13 which are produced from the agricultural land held by
14 the life science enterprise.
15 Sec. 2. NEW SECTION. 10C.1 DEFINITIONS.
16 1. "Actively engaged in farming" means the same as
17 defined in section 10.1.
18 2. "Agricultural commodity" means the same as
19 defined in section 190C.1.
20 3. "Agricultural land" means land suitable for use
21 in farming as defined in section 9H.1.
22 4. "Animal" means a creature belonging to the
23 bovine, caprine, equine, ovine, or porcine species.
24 5. "Corporation" means a domestic or foreign
25 corporation subject to chapter 490, a nonprofit
26 corporation, or a cooperative.
27 6. "Economic development board" or "board" means
28 the economic development board created pursuant to
29 section 15.103.
30 7. "Family farm entity" means the same as defined
31 in section 10.1.
32 8. "Life science enterprise" or "enterprise" means
33 a corporation or limited liability company organized
34 for the purpose of using biotechnological systems or
35 techniques for the production of life science
36 products.
37 9. "Life science product" or "product" means a
38 product derived from an animal by using
39 biotechnological systems or techniques and which
40 includes only the following:
41 a. Embryos or oocytes for use in animal
42 implantation.
43 b. Blood, milk, or urine for use in the
44 manufacture of pharmaceuticals or nutriceuticals.
45 c. Cells, tissue, or organs for use in animal or
46 human transplantation.
47 10. "Limited liability company" means a limited
48 liability company as defined in section 490A.102.
49 Sec. 3. NEW SECTION. 10C.2 PURPOSE.
50 The purpose of this chapter is to promote economic
Page 2
1 growth in this state during this period of
2 revolutionary technological advancement in animal and
3 human health sciences, by providing for the
4 development of industries unrelated to traditional
5 farming, but devoted to the production of life science
6 products derived from animals.
7 Sec. 4. NEW SECTION. 10C.3 ENTERPRISES ENGAGED
© 2000 Cornell College and
League of Women Voters of Iowa
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