Text: H01467 Text: H01469 Text: H01400 - H01499 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 683 as follows: 1 2 #1. Page 5, by inserting after line 18 the 1 3 following: 1 4 "Sec. . NEW SECTION. 15G.106 AGREEMENTS. 1 5 An entity receiving moneys from the Iowa values 1 6 fund shall enter into an agreement with the board 1 7 specifying the requirements that must be met to 1 8 confirm eligibility. The agreement shall contain, at 1 9 a minimum, the following provisions: 1 10 1. An entity that receives moneys from the fund 1 11 shall, for the length of the agreement, certify 1 12 annually to the board the compliance of the entity 1 13 with the requirements of the agreement. 1 14 2. The repayment of incentives by the entity if 1 15 the business has not met any of the requirements of 1 16 the agreement. 1 17 3. If an entity that is approved to receive moneys 1 18 from the fund experiences a layoff within the state or 1 19 closes any of its facilities within the state, the 1 20 board shall have the discretion to reduce or eliminate 1 21 some or all of the incentives. If an entity has 1 22 received moneys from the fund and experiences a layoff 1 23 within the state or closes any of its facilities 1 24 within the state, the entity may be subject to 1 25 repayment of all or a portion of the incentives that 1 26 it has received." 1 27 2. By renumbering as necessary. 1 28 1 29 1 30 1 31 FALLON of Polk 1 32 HF 683.208 80 1 33 tm/sh
Text: H01467 Text: H01469 Text: H01400 - H01499 Text: H Index Bills and Amendments: General Index Bill History: General Index
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