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House Journal: Page 350: Thursday, February 14, 2002

H-8054

1 Amend the amendment, H-8052, to House File 2271 as
2 follows:
3 1. Page 1, line 6, by striking the word "an" and
4 inserting the following: "a current or previous".

Amendment H-8054 was adopted.

On motion by Teig of Hamilton amendment H-8052, as amended,
was adopted.

Shoultz of Black Hawk offered amendment H-8051 filed by him as
follows:

H-8051

1 Amend House File 2271 as follows:
2 1. Page 3, by inserting after line 18 the
3 following:
4 "7. The board shall cooperate with the small
5 business development centers in an effort to
6 disseminate information regarding the availability of
7 tax credits for investments in qualifying businesses
8 under this division. The board shall also cooperate
9 with the small business development centers to develop
10 a standard seed capital application form that the
11 small business development centers may submit to the
12 board on behalf of clients seeking seed capital. The
13 board shall distribute copies of the application forms
14 to all community-based seed capital funds and
15 potential individual investors."
16 2. Page 4, by inserting after line 19 the
17 following:
18 "g. The business has received counseling through a
19 small business development center, including an
20 assessment of the business plan with a determination
21 of the level of any technical assistance necessary to
22 aid the business in developing a financially feasible
23 project. A small business development center may
24 utilize the services of outside providers for all or
25 part of the business plan assessment, including
26 strategic marketing services at the university of
27 northern Iowa for market assessments. The business
28 shall submit a copy of the business plan assessment to
29 the board."



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