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House File 576

Partial Bill History

Bill Text

PAG LIN
  1  1                                              HOUSE FILE 576
  1  2  
  1  3                             AN ACT
  1  4 RELATING TO THE ENTERPRISE ZONE PROGRAM AND INCLUDING EFFECTIVE
  1  5    DATE PROVISIONS.  
  1  6 
  1  7 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  1  8 
  1  9    Section 1.  Section 15E.192, subsection 3, paragraphs a and
  1 10 b, Code 2003, are amended to read as follows:
  1 11    a.  A county or city which meets the distress criteria
  1 12 provided in section 15E.194, Code 2001, may apply to the
  1 13 department for an area to be certified as an enterprise zone
  1 14 at any time prior to July December 1, 2003.  However, the
  1 15 total amount of land designated as enterprise zones under
  1 16 subsections 1 and 2, and any other enterprise zones certified
  1 17 by the department, excluding those approved pursuant to
  1 18 section 15E.194, subsection 4, shall not exceed in the
  1 19 aggregate one percent of the total county area.
  1 20    b.  An enterprise zone certified by the department pursuant
  1 21 to subsection 2 shall not be decertified or only be amended if
  1 22 the amendment consists of an area being added to the
  1 23 enterprise zone and the added area meets the criteria of
  1 24 section 15E.194, subsection 2.  An enterprise zone certified
  1 25 by the department pursuant to subsection 1 or 2 may be
  1 26 decertified; however, if a subsequent enterprise zone is
  1 27 designated, the expiration date of the subsequent enterprise
  1 28 zone shall be the same as the expiration date of the
  1 29 decertified enterprise zone.  A portion of a certified
  1 30 enterprise zone may be decertified, provided that the
  1 31 remaining portion of the certified enterprise zone meets the
  1 32 distress criteria provided in section 15E.194.
  1 33    Sec. 2.  Section 15E.193, Code 2003, is amended by adding
  1 34 the following new subsection:
  1 35    NEW SUBSECTION.  4.  If a business that is approved to
  2  1 receive incentives or assistance provided under section
  2  2 15E.196 experiences a layoff within the state or closes any of
  2  3 its facilities within the state prior to receiving the
  2  4 incentives and assistance, the department may reduce or
  2  5 eliminate all or a portion of the incentives and assistance.
  2  6 If a business has received incentives or assistance under
  2  7 section 15E.196 and experiences a layoff within the state or
  2  8 closes any of its facilities within the state after receiving
  2  9 the incentives and assistance, the business may be subject to
  2 10 repayment of all or a portion of the incentives and assistance
  2 11 that it has received.
  2 12    Sec. 3.  Section 15E.193B, subsection 3, Code 2003, is
  2 13 amended to read as follows:
  2 14    3.  The single-family homes and dwelling units which are
  2 15 rehabilitated or constructed by the eligible housing business
  2 16 shall be modest homes or units but shall include the necessary
  2 17 amenities.  When completed and made available for occupancy,
  2 18 the single-family homes and dwelling units shall meet the
  2 19 United States department of housing and urban development's
  2 20 housing quality standards and local safety standards.
  2 21    Sec. 4.  Section 15E.193C, subsection 5, Code 2003, is
  2 22 amended to read as follows:
  2 23    5.  Prior to applying for receiving assistance under this
  2 24 section, an eligible development business shall enter into an
  2 25 agreement with at least one business for purposes of locating
  2 26 the business in all or a portion of the building space for a
  2 27 period of at least five years.  Nonretail businesses locating
  2 28 in a building space must create at least ten full-time
  2 29 positions, and meet the criteria provided in section 15E.193,
  2 30 subsection 1, paragraphs "a", "b", and "c", and not share
  2 31 common ownership or common management with the development
  2 32 business.  If a nonretail business locating in a building
  2 33 space occupies ninety percent or less of the building space,
  2 34 the nonretail business shall not share common ownership or
  2 35 common management with the development business.  A
  3  1 development business shall receive a pro rata share of the
  3  2 total incentives and assistance available to the development
  3  3 business based on the percentage of the building that is
  3  4 leased to nonretail businesses.  The department shall
  3  5 determine the procedure for issuing the incentives and
  3  6 assistance on a pro rata basis.
  3  7    Sec. 5.  2002 Iowa Acts, chapter 1145, section 7, is
  3  8 amended to read as follows:
  3  9    SEC. 7.  Section 15E.192, subsection 4 3, paragraph a, Code
  3 10 2003, is amended by striking the paragraph.
  3 11    Sec. 6.  2002 Iowa Acts, chapter 1145, section 10,
  3 12 subsection 2, is amended to read as follows:
  3 13    2.  Section 7 of this Act, striking section 15E.192,
  3 14 subsection 4 3, paragraph "a", Code 2003, takes effect July
  3 15 December 1, 2003.
  3 16    Sec. 7.  EFFECTIVE DATE.  Sections 1, 5, and 6 of this Act,
  3 17 amending section 15E.192 and 2002 Iowa Acts, chapter 1145,
  3 18 being deemed of immediate importance, take effect upon
  3 19 enactment.  
  3 20 
  3 21 
  3 22                                                             
  3 23                               CHRISTOPHER C. RANTS
  3 24                               Speaker of the House
  3 25 
  3 26 
  3 27                                                             
  3 28                               MARY E. KRAMER
  3 29                               President of the Senate
  3 30 
  3 31    I hereby certify that this bill originated in the House and
  3 32 is known as House File 576, Eightieth General Assembly.
  3 33 
  3 34 
  3 35                                                             
  4  1                               MARGARET THOMSON
  4  2                               Chief Clerk of the House
  4  3 Approved                , 2003
  4  4 
  4  5 
  4  6                            
  4  7 THOMAS J. VILSACK
  4  8 Governor
     

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