Text: HF02311 Text: HF02313 Text: HF02300 - HF02399 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 15A.1, subsection 5, paragraph c, Code 1 2 2003, is amended to read as follows: 1 3 c. The area is located in a city or county thatmeets the1 4distress criteria provided under theis designated an 1 5 enterprise zoneprogram inpursuant to section 15E.194,1 6subsection 1 or 2. 1 7 Sec. 2. Section 15E.191, Code 2003, is amended to read as 1 8 follows: 1 9 15E.191 INTENT. 1 10 It is the intent of the general assembly that this division 1 11 be administered in a manner to promote new economic 1 12 developmentin economically distressed areasby encouraging 1 13 communities to target resources in ways that attract 1 14 productive private investment. 1 15 Sec. 3. Section 15E.192, subsection 2, Code Supplement 1 16 2003, is amended to read as follows: 1 17 2. A citywith a population of twenty-four thousand or1 18more, as shown by the 2000 certified federal census,may 1 19 create an economic development enterprise zone as authorized 1 20 in this division, subject to certification by the department 1 21 of economic development, by designating one or more contiguous 1 22 census tracts, as determined in the most recent federal 1 23 census, or designating other geographic units approved by the 1 24 department of economic development for that purpose. If there 1 25 is an area in the city which meets the requirements for 1 26 eligibility for an urban or rural enterprise community under 1 27 Title XIII of the federal Omnibus Budget Reconciliation Act of 1 28 1993, such area shall be designated by the state as an 1 29 economic development enterprise zone. The area meeting the 1 30 requirements for eligibility for an urban or rural enterprise 1 31 community shall not be included for the purpose of determining 1 32 the area limitation pursuant to subsection 3. In creating an 1 33 enterprise zone, a citywith a population of twenty-four1 34thousand or more, as shown by the 2000 certified federal1 35census,may designate as part of the area tracts or approved 2 1 geographic units located in a contiguous city if such tracts 2 2 or approved geographic units meet the criteria and the city 2 3 agrees to being included. The city may establish more than 2 4 one enterprise zone.Reference in this division to "city"2 5means a city with a population of twenty-four thousand or2 6more, as shown by the 2000 certified federal census.2 7 Sec. 4. Section 15E.192, subsection 3, paragraph a, Code 2 8 Supplement 2003, is amended to read as follows: 2 9 a. An enterprise zone certified by the department pursuant 2 10 to subsection 2 shall only be amended if the amendment 2 11 consists of an area being added to the enterprise zoneand the2 12added area meets the criteria of section 15E.194, subsection2 132. An enterprise zone certified by the department pursuant to 2 14 subsection 1 or 2 may be decertified; however, if a subsequent 2 15 enterprise zone is designated, the expiration date of the 2 16 subsequent enterprise zone shall be the same as the expiration 2 17 date of the decertified enterprise zone. A portion of a 2 18 certified enterprise zone may be decertified, provided that2 19the remaining portion of the certified enterprise zone meets2 20the distress criteria provided in section 15E.194. 2 21 Sec. 5. Section 15E.194, subsections 1, 2, and 3, Code 2 22 2003, are amended to read as follows: 2 23 1. An enterprise zone may be designated by a countywhich2 24meets at least two of the following criteria:2 25a. The county has an average weekly wage that ranks among2 26the bottom twenty-five counties in the state based on the 20002 27annual average weekly wage for employees in private business.2 28b. The county has a family poverty rate that ranks among2 29the top twenty-five counties in the state based on the 20002 30census.2 31c. The county has experienced a percentage population loss2 32that ranks among the top twenty-five counties in the state2 33between 1995 and 2000.2 34d. The county has a percentage of persons sixty-five years2 35of age or older that ranks among the top twenty-five counties3 1in the state based on the 2000 census. 3 2 2. An enterprise zone may be designated by a citywhich3 3meets at least two of the following criteria:3 4a. The area has a per capita income of twelve thousand six3 5hundred forty-eight dollars or less based on the 2000 census.3 6b. The area has a family poverty rate of twelve percent or3 7higher based on the 2000 census.3 8c. Ten percent or more of the housing units are vacant in3 9the area.3 10d. The valuations of each class of property in the3 11designated area is seventy-five percent or less of the3 12citywide average for that classification based upon the most3 13recent valuations for property tax purposes.3 14e. The area is a blighted area, as defined in section3 15403.17. 3 16 3. The department of economic development shall certify 3 17 eligible enterprise zonesthat meet the requirements of3 18subsection 1upon request bythea county orsubsection 2 upon3 19request by thea city,as applicableunless certification 3 20 causes the area limitations of section 15E.192 to be exceeded. 3 21 Sec. 6. Section 15E.195, subsection 2, Code 2003, is 3 22 amended to read as follows: 3 23 2. A citywith a population of twenty-four thousand or3 24morewhich designates an enterprise zone pursuant to section 3 25 15E.194, subsection 2, and in which an eligible enterprise 3 26 zone is certified shall establish an enterprise zone 3 27 commission to review applications from qualified businesses 3 28 located within or requesting to locate within an enterprise 3 29 zone to receive incentives or assistance as provided in 3 30 section 15E.196. The enterprise zone commission shall review 3 31 applications from qualified housing businesses requesting to 3 32 receive incentives or assistance as provided in section 3 33 15E.193B. The enterprise zone commission shall also review 3 34 applications from qualified development businesses requesting 3 35 to receive incentives or assistance as provided in section 4 1 15E.193C. The commission shall consist of nine members. Six 4 2 of these members shall consist of one representative of an 4 3 international labor organization, one member with economic 4 4 development expertise chosen by the department of economic 4 5 development, one representative of the city council, one 4 6 member of the local community college board of directors, one 4 7 member of the city planning and zoning commission, and one 4 8 representative of the local workforce development center. 4 9 These six members shall select the remaining three members. 4 10 If the enterprise zone consists of an area meeting the 4 11 requirements for eligibility for an urban enterprise community 4 12 under Title XIII of the federal Omnibus Budget Reconciliation 4 13 Act of 1993, one of the remaining three members shall be a 4 14 representative of that community. If a city contiguous to the 4 15 city designating the enterprise zone is included in an 4 16 enterprise zone, a representative of the contiguous city, 4 17 chosen by the city council, shall be a member of the 4 18 commission. A city in which an eligible enterprise zone is 4 19 certified shall have only one enterprise zone commission. If 4 20 a city has established an enterprise zone commission prior to 4 21 July 1, 1998, the city may petition to the department of 4 22 economic development to change the structure of the existing 4 23 commission. 4 24 EXPLANATION 4 25 This bill relates to the ability of cities and counties to 4 26 designate enterprise zones. 4 27 Currently, only certain cities and counties meeting 4 28 specific distress criteria may designate enterprise zones 4 29 under the enterprise zone program. The bill eliminates the 4 30 distress criteria. The bill also eliminates a limitation that 4 31 only cities with a population of 24,000 or more may designate 4 32 an enterprise zone. Enterprise zones designated by both 4 33 cities and counties cannot, in aggregate, consist of more than 4 34 1 percent of the total county area. 4 35 LSB 5566YH 80 5 1 tm/sh/8
Text: HF02311 Text: HF02313 Text: HF02300 - HF02399 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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