Text: H01060                            Text: H01062
Text: H01000 - H01099                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index



House Amendment 1061

Amendment Text

PAG LIN
  1  1    Amend the amendment, H-1042, to House File 453 as
  1  2 follows:
  1  3    #1.  Page 1, line 28, by inserting after the word
  1  4 "year." the following:  "The department, in entering
  1  5 into an agreement for a financial assistance award,
  1  6 shall consider, as possible terms to the agreement,
  1  7 obtaining a commitment from the business to retain all
  1  8 business operations in the state of Iowa during the
  1  9 ten years subsequent to receiving the financial
  1 10 assistance and obtaining a commitment to create two
  1 11 hundred new jobs during the two years after moneys
  1 12 have been received."
  1 13    #2.  Page 3, by striking line 4 and inserting the
  1 14 following:
  1 15    "3.  A business receiving moneys from the animal
  1 16 biotechnology commercialization fund using moneys from
  1 17 the appropriations made under this section shall be
  1 18 subject to repayment of all or a portion of the moneys
  1 19 received if the business fails to create two hundred
  1 20 new jobs during the two years after moneys have been
  1 21 received or the business closes any operations or
  1 22 moves any operations out of the state of Iowa within
  1 23 ten years of receiving the financial assistance.  The
  1 24 department and a business shall enter into an
  1 25 agreement specifying the method for determining the
  1 26 amount of moneys which will be repaid in the event of
  1 27 any occurrence described in this subsection.
  1 28    4.  Any moneys remaining in the animal".
  1 29    #3.  By renumbering as necessary.  
  1 30 
  1 31 
  1 32                               
  1 33 HOGG of Linn
  1 34 HF 453.210 80
  1 35 tm/sh
     

Text: H01060                            Text: H01062
Text: H01000 - H01099                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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