Text: HF02011 Text: HF02013 Text: HF02000 - HF02099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. NEW SECTION. 496B.13A PUBLICATION OF BOARD 1 2 MINUTES. 1 3 1. Within fifteen days following any board of directors 1 4 meeting of a development corporation, the development 1 5 corporation shall cause the meeting minutes to be published in 1 6 a newspaper of general circulation in each county in which the 1 7 development corporation conducts business. The publication 1 8 shall include, at a minimum, all of the following: 1 9 a. The time, date, and location of the meeting. 1 10 b. All persons present at the meeting. 1 11 c. A list of all topics discussed during the meeting. 1 12 d. A list of any written or oral testimony submitted to 1 13 the development corporation at the meeting. 1 14 e. Any motion offered during the meeting and the outcome 1 15 of the motion. 1 16 2. The publication shall not include any of the following: 1 17 a. Any discussion of records or documents which are 1 18 required or authorized by state or federal law to be kept 1 19 confidential. 1 20 b. Any discussion of strategy with counsel in matters that 1 21 are presently in litigation or where litigation is imminent 1 22 where its disclosure would be likely to prejudice or 1 23 disadvantage the position of the development corporation in 1 24 that litigation. 1 25 c. Any discussion of the evaluation of the professional 1 26 competency of an individual whose appointment, hiring, 1 27 performance, or discharge is being considered when necessary 1 28 to prevent needless and irreparable injury to that 1 29 individual's reputation. 1 30 EXPLANATION 1 31 This bill amends Code chapter 496B relating to the creation 1 32 of economic development corporations. Economic development 1 33 corporations are organized for the purpose of developing 1 34 businesses, industries, and enterprises in the state by the 1 35 loaning and investing of money in such businesses, industries, 2 1 and enterprises and for other business development-related 2 2 purposes. 2 3 The bill requires an economic development corporation to 2 4 publish the minutes of any board of directors meeting within 2 5 15 days following the meeting. The bill provides that the 2 6 publication shall occur in a newspaper of general circulation 2 7 in each county in which the economic development corporation 2 8 conducts business. The bill provides that the publication 2 9 shall include the time, date, and location of the meeting, all 2 10 persons present at the meeting, a list of all topics discussed 2 11 during the meeting, a list of any written or oral testimony 2 12 submitted to the development corporation at the meeting, and 2 13 any motion offered during the meeting and the outcome of the 2 14 motion. The bill prohibits the publication of any discussion 2 15 of confidential records or documents, any discussion of 2 16 litigation strategy, and any discussion of a professional 2 17 competency evaluation when necessary to prevent needless and 2 18 irreparable injury to an individual's reputation. 2 19 LSB 5104HH 79 2 20 tm/sh/8
Text: HF02011 Text: HF02013 Text: HF02000 - HF02099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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