Text: HF00104 Text: HF00106 Text: HF00100 - HF00199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 15E.194, subsection 4, Code 2001, is 1 2 amended to read as follows: 1 3 4. A city of any size or any county may designate an 1 4 enterprise zone at any time prior to July 1, 2010, when a 1 5 business closure occurs involving the loss of full-time 1 6 employees, not including retail employees, at one place of 1 7 business totaling at least one thousand employees or four 1 8 percent or more of the county's resident labor force based on 1 9 the most recent annual resident labor force statistics from 1 10 the department of workforce development, whichever is lower. 1 11 The enterprise zone may be established on the property of the 1 12 place of business that has closed and the enterprise zone may 1 13 include an area up to an additionalone milefive miles 1 14 adjacent to the property. The area meeting the requirements 1 15 for enterprise zone eligibility under this subsection shall 1 16 not be included for the purpose of determining the area 1 17 limitation pursuant to section 15E.192, subsection 4. The 1 18 area included in an enterprise zone designated under this 1 19 subsection on or after June 1, 2000, may be amended to change 1 20 the boundaries of the enterprise zone. Such an amendment must 1 21 be approved by the department within three years of the date 1 22 the enterprise zone was certified. 1 23 EXPLANATION 1 24 This bill amends the enterprise zone program administered 1 25 by the department of economic development. 1 26 Currently, a city or county may designate an enterprise 1 27 zone when a business closure occurs involving the loss of 1 28 full-time employees at one place of business totaling at least 1 29 1,000 employees or 4 percent or more of the county's resident 1 30 labor force, whichever is lower. The enterprise zone may be 1 31 established on the property of the place of business that has 1 32 closed and may include an area up to an additional one mile 1 33 adjacent to the property. 1 34 The bill amends the allowable area adjacent to the property 1 35 that may be included in the enterprise zone from one mile to 2 1 five miles. The bill also allows an enterprise zone 2 2 designated on or after June 1, 2000, to be amended to change 2 3 the boundaries of the enterprise zone. The bill provides that 2 4 the amended boundaries must be approved by the department 2 5 within three years of the date the enterprise zone was 2 6 certified. 2 7 LSB 1553HH 79 2 8 tm/cls/14.1
Text: HF00104 Text: HF00106 Text: HF00100 - HF00199 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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