Text: HF02401 Text: HF02403 Text: HF02400 - HF02499 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. NEW SECTION. 15.374 SHORT TITLE. 1 2 This part shall be known and may be cited as the "Century 1 3 Small Business Program". 1 4 Sec. 2. NEW SECTION. 15.375 PURPOSE. 1 5 The purpose of this program is to recognize and honor those 1 6 small businesses in Iowa that have been owned and operated by 1 7 members of the same family for one hundred years or more. 1 8 Sec. 3. NEW SECTION. 15.376 PROGRAM. 1 9 The department shall establish a program to effectuate the 1 10 purposes of this part through the awarding of one century 1 11 small business certificates and one century small business 1 12 markers. 1 13 Sec. 4. NEW SECTION. 15.377 ELIGIBILITY. 1 14 To be eligible to receive certificates or markers under 1 15 this part, a small business shall meet all of the following 1 16 requirements: 1 17 1. The same family must have continuously owned the small 1 18 business for one hundred consecutive years or more. 1 19 2. The present owner of the small business must be related 1 20 to a person who owned the business one hundred years ago. 1 21 3. An application for the award must be notarized and 1 22 submitted to the department. 1 23 EXPLANATION 1 24 This bill creates a century small business program to 1 25 recognize and honor small businesses with 100 consecutive 1 26 years of continuous family ownership through the awarding of 1 27 century small business program certificates and markers. 1 28 LSB 6221YH 79 1 29 bm/sh/8
Text: HF02401 Text: HF02403 Text: HF02400 - HF02499 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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