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PAG LIN 1 1 Amend House File 683, as amended, passed, and 1 2 reprinted by the House, as follows: 1 3 #1. By striking everything after the enacting 1 4 clause and inserting the following: 1 5 "DIVISION I 1 6 STATE EMPLOYEE SALARIES 1 7 Section 1. 2003 Iowa Acts, Senate File 458, 1 8 section 48, unnumbered paragraphs 1 and 2, if enacted, 1 9 are amended to read as follows: 1 10 There is appropriated from the general fund of the 1 11 state to the salary adjustment fund for distribution 1 12 by the department of management to the various state 1 13 departments, boards, commissions, councils, and 1 14 agencies, and to the state board of regents for those 1 15 persons employed at the state school for the deaf and 1 16 the Iowa braille and sight saving school, for the 1 17 fiscal year beginning July 1, 2003, and ending June 1 18 30, 2004, the amount of$28,000,000$30,000,000, or so 1 19 much thereof as may be necessary, to fully fund annual 1 20 pay adjustments, expense reimbursements, and related 1 21 benefits implemented pursuant to the following: 1 22 Of the amount appropriated in this section, 1 23$2,668,000$2,818,000 shall be allocated to the 1 24 judicial branch for the purpose of funding annual pay 1 25 adjustments, expense reimbursements, and related 1 26 benefits implemented for judicial branch employees. 1 27 In distributing the remainder of the amount 1 28 appropriated in this section, the department of 1 29 management, in order to address essential public 1 30 protection functions and recognizing the availability 1 31 of funds appropriated in other Acts of the general 1 32 assembly and other sources, shall give priority, in 1 33 descending order, to the department of corrections, 1 34 department of human services, and department of public 1 35 safety, and then to the remaining state departments, 1 36 boards, commissions, councils, and agencies to which 1 37 the appropriation is applicable. 1 38 Sec. 2. STATE COURTS – JUSTICES, JUDGES, AND 1 39 MAGISTRATES. 1 40 1. Of the amount allocated for the judicial branch 1 41 in 2003 Iowa Acts, Senate File 458, section 48, if 1 42 enacted, $150,000 is allocated to fund the changes in 1 43 this section to the salaries of justices, judges, and 1 44 magistrates. 1 45 2. The following annual salary rates shall be paid 1 46 to the persons holding the judicial positions 1 47 indicated during the fiscal year beginning July 1, 1 48 2003, effective with the pay period beginning December 1 49 19, 2003, and for subsequent pay periods: 1 50 a. Chief justice of the supreme court: 2 1 .................................................. $ 127,040 2 2 b. Each justice of the supreme court: 2 3 .................................................. $ 122,500 2 4 c. Chief judge of the court of appeals: 2 5 .................................................. $ 122,380 2 6 d. Each associate judge of the court of appeals: 2 7 .................................................. $ 117,850 2 8 e. Each chief judge of a judicial district: 2 9 .................................................. $ 116,760 2 10 f. Each district judge except the chief judge of a 2 11 judicial district: 2 12 .................................................. $ 112,010 2 13 g. Each district associate judge: 2 14 .................................................. $ 97,610 2 15 h. Each associate juvenile judge: 2 16 .................................................. $ 97,610 2 17 i. Each associate probate judge: 2 18 .................................................. $ 97,610 2 19 j. Each judicial magistrate: 2 20 .................................................. $ 29,100 2 21 k. Each senior judge: 2 22 .................................................. $ 6,500 2 23 3. Persons receiving the salary rates established 2 24 under subsection 2 shall not receive any additional 2 25 salary adjustments provided by 2003 Iowa Acts, Senate 2 26 File 458, division V. 2 27 DIVISION II 2 28 APPROPRIATIONS AND APPROPRIATIONS REVISIONS 2 29 INSURANCE DIVISION 2 30 Sec. 3. INSURANCE STUDY. There is appropriated 2 31 from the general fund of the state to the department 2 32 of commerce for the fiscal year beginning July 1, 2 33 2003, and ending June 30, 2004, the following amount, 2 34 or so much thereof as is necessary, to be used for the 2 35 purpose designated: 2 36 For the insurance division to implement the school 2 37 health insurance reform team study in accordance with 2 38 2003 Iowa Acts, Senate File 386: 2 39 .................................................. $ 15,000 2 40 DEPARTMENT OF MANAGEMENT 2 41 Sec. 4. LOCAL GOVERNMENT INNOVATION FUND 2 42 APPROPRIATION. There is appropriated from the general 2 43 fund of the state to the department of management for 2 44 the fiscal year beginning July 1, 2003, and ending 2 45 June 30, 2004, the following amount, or so much 2 46 thereof as is necessary, to be used for the purpose 2 47 designated: 2 48 For deposit in the local government innovation fund 2 49 created in section 8.64: 2 50 .................................................. $ 1,000,000 3 1 Notwithstanding section 8.64, subsection 4, if 3 2 enacted by 2003 Iowa Acts, Senate File 453, section 3 3 27, the local government innovation fund committee may 3 4 provide up to 20 percent of the amount appropriated in 3 5 this section in the form of forgivable loans or as 3 6 grants for those projects that propose a new and 3 7 innovative sharing initiative that would serve as an 3 8 important model for cities and counties. 3 9 DEPARTMENT OF CORRECTIONS 3 10 Sec. 5. There is appropriated from the rebuild 3 11 Iowa infrastructure fund to the department of 3 12 corrections for the fiscal year beginning July 1, 3 13 2003, and ending June 30, 2004, the following amounts, 3 14 or so much thereof as is necessary, to be used for the 3 15 purposes designated: 3 16 1. For expansion of the Luster Heights facility 3 17 into a community-based corrections facility and an 3 18 institutional work and substance abuse treatment 3 19 center: 3 20 .................................................. $ 92,000 3 21 2. For conversion of the Clarinda lodge into 3 22 minimum security bed space: 3 23 .................................................. $ 730,000 3 24 Sec. 6. 2003 Iowa Acts, Senate File 439, section 3 25 4, subsection 1, paragraphs b and g, as enacted, are 3 26 amended to read as follows: 3 27 b. For the operation of the Anamosa correctional 3 28 facility, including salaries, support, maintenance, 3 29 employment of correctional officers and a part-time 3 30 chaplain to provide religious counseling to inmates of 3 31 a minority race, miscellaneous purposes, and for not 3 32 more than the following full-time equivalent 3 33 positions: 3 34 .................................................. $24,531,9173 35 25,196,085 3 36 ............................................... FTEs 375.75 3 37 Moneys are provided within this appropriation for 3 38 one full-time substance abuse counselor for the Luster 3 39 Heights facility, for the purpose of certification of 3 40 a substance abuse program at that facility. Of the 3 41 funds appropriated in this paragraph "b", $664,000 is 3 42 allocated for implementation costs associated with 3 43 expansion of the Luster Heights facility. 3 44 g. For the operation of the Clarinda correctional 3 45 facility, including salaries, support, maintenance, 3 46 employment of correctional officers, miscellaneous 3 47 purposes, and for not more than the following full- 3 48 time equivalent positions: 3 49 .................................................. $18,595,7883 50 19,389,220 4 1 ............................................... FTEs 291.76 4 2 Moneys received by the department of corrections as 4 3 reimbursement for services provided to the Clarinda 4 4 youth corporation are appropriated to the department 4 5 and shall be used for the purpose of operating the 4 6 Clarinda correctional facility. 4 7 Of the funds appropriated in this paragraph "g", 4 8 $793,432 is allocated for implementation costs 4 9 associated with expansion of the conversion of the 4 10 Clarinda lodge, with $277,500 of the allocation for 4 11 one-time costs and $515,932 for ongoing costs. 4 12 PUBLIC TRANSIT 4 13 Sec. 7. 2003 Iowa Acts, Senate File 458, section 4 14 8, if enacted, is amended to read as follows: 4 15 SEC. 8. PUBLIC TRANSIT ASSISTANCE APPROPRIATION. 4 16 Notwithstanding section 312.2, subsection 14, the 4 17 amount appropriated from the general fund of the state 4 18 under section 312.2, subsection 14, to the state 4 19 department of transportation for public transit 4 20 assistance under chapter 324A for the fiscal year 4 21 beginning July 1, 2003, and ending June 30, 2004, is 4 22 reduced by the following amount: 4 23 .................................................. $1,298,6754 24 2,582,800 4 25 OFFICE OF THE GOVERNOR 4 26 Sec. 8. 2003 Iowa Acts, House File 655, section 5, 4 27 subsection 1, if enacted, is amended to read as 4 28 follows: 4 29 1. GENERAL OFFICE 4 30 For salaries, support, maintenance, and 4 31 miscellaneous purposes for the general office of the 4 32 governor and the general office of the lieutenant 4 33 governor, and for not more than the following full- 4 34 time equivalent positions: 4 35 .................................................. $1,243,6434 36 1,493,643 4 37 ............................................... FTEs17.254 38 19.25 4 39 Of the amount appropriated in this section, 4 40 $250,000 is allocated for two full-time equivalent 4 41 positions in the office of the governor that were 4 42 previously funded by other state departments and 4 43 agencies. 4 44 DEPARTMENT OF REVENUE 4 45 Sec. 9. 2003 Iowa Acts, House File 655, section 4 46 31, if enacted, is amended to read as follows: 4 47 SEC. 31. DEPARTMENT OF REVENUE. There is 4 48 appropriated from the general fund of the state to the 4 49 department of revenue for the fiscal year beginning 4 50 July 1, 2003, and ending June 30, 2004, the following 5 1 amounts, or so much thereof as is necessary, to be 5 2 used for the purposes designated, and for not more 5 3 than the following full-time equivalent positions used 5 4 for the purposes designated in subsection 1: 5 5 ............................................... FTEs378.875 6 380.87 5 7 Of the full-time equivalent positions authorized in 5 8 this section, two full-time equivalent positions are 5 9 allocated for new positions to assist in preparation 5 10 of information for the revenue estimating conference 5 11 and in improving the turnaround time for processing 5 12 corporate tax filings. 5 13 1. COMPLIANCE – INTERNAL RESOURCES MANAGEMENT – 5 14 STATE FINANCIAL MANAGEMENT – STATEWIDE PROPERTY TAX 5 15 ADMINISTRATION 5 16 For salaries, support, maintenance, and 5 17 miscellaneous purposes: 5 18 .................................................. $23,259,1115 19 23,359,111 5 20 Of the funds appropriated pursuant to this 5 21 subsection, $400,000 shall be used to pay the direct 5 22 costs of compliance related to the collection and 5 23 distribution of local sales and services taxes imposed 5 24 pursuant to chapters 422B and 422E. 5 25 The director of revenue shall prepare and issue a 5 26 state appraisal manual and the revisions to the state 5 27 appraisal manual as provided in section 421.17, 5 28 subsection 18, without cost to a city or county. 5 29 2. COLLECTION COSTS AND FEES 5 30 For payment of collection costs and fees pursuant 5 31 to section 422.26: 5 32 .................................................. $ 28,166 5 33 DEPARTMENT OF PUBLIC HEALTH 5 34 Sec. 10. 2003 Iowa Acts, House File 667, section 5 35 2, subsection 8, as enacted, is amended to read as 5 36 follows: 5 37 8. INFECTIOUS DISEASES 5 38 For reducing the incidence and prevalence of 5 39 communicable diseases, and for not more than the 5 40 following full-time equivalent positions: 5 41 .................................................. $977,3405 42 1,074,888 5 43 ............................................... FTEs 36.90 5 44 DIVISION III 5 45 MISCELLANEOUS PROVISIONS 5 46 Sec. 11. GOVERNMENT OVERSIGHT COMMITTEE – REVIEW 5 47 OF CONTINUING CARE RETIREMENT COMMUNITIES – ASSISTED 5 48 LIVING PROGRAM APPLICABILITY. The government 5 49 oversight committees shall review the application of 5 50 chapter 231C, relating to assisted living programs, to 6 1 continuing care retirement communities, as defined in 6 2 section 523D.1. The committees shall submit 6 3 recommendations for any legislation deemed necessary 6 4 for consideration during the 2004 regular legislative 6 5 session. 6 6 Sec. 12. Section 15E.193B, subsection 4, Code 6 7 2003, as amended by 2003 Iowa Acts, Senate File 458, 6 8 section 100, if enacted, is amended to read as 6 9 follows: 6 10 4. The eligible housing business shall complete 6 11 its building or rehabilitation within two years from 6 12 the time the business begins construction on the 6 13 single-family homes and dwelling units. The failure 6 14 to complete construction or rehabilitation within two 6 15 years shall result in the eligible housing business 6 16 becoming ineligible and subject to the repayment 6 17 requirements and penalties enumerated in subsection 7. 6 18 The department may extend the prescribed two-year 6 19 completion period for any current or future project 6 20 which has not been completed if the department 6 21 determines that completion within the two-year period 6 22 is impossible or impractical as a result of a 6 23 substantial loss caused by flood, fire, earthquake, 6 24 storm, or other catastrophe. For purposes of this 6 25 subsection, "substantial loss" means damage or 6 26 destruction in an amount in excess of thirty percent 6 27 of the project's expected eligible basis as set forth 6 28 in the eligible housing business's application. 6 29 Sec. 13. Section 215.14, Code 2003, is amended to 6 30 read as follows: 6 31 215.14 APPROVAL BY DEPARTMENT. 6 32 A commercial weighing and measuring device shall 6 33 not be installed in this state unless approved by the 6 34 department.All livestock scales and6 35 1. A pit typescalesscale or any other scale 6 36 installed in a pit, regardless of capacity, that is 6 37 installed on or after July 1, 1990, shall have a 6 38 clearance of not less than four feet from the finished 6 39 floor line of the scale to the bottom of the "I" beam 6 40 of the scale bridge. Livestock shall not be weighed 6 41 on any scale other than a livestock scale or pit type 6 42 scale. 6 43 2. An electronic pitless scale shall be placed on 6 44 concrete footings with concrete floor. The concrete 6 45 floor shall allow for adequate drainage away from the 6 46 scale as required by the department. There shall be a 6 47 clearance of not less than eight inches between the 6 48 weigh bridge and the concrete floor to facilitate 6 49 inspection and cleaning. 6 50 3. After approval by the department, the 7 1 specifications for a commercial weighing and measuring 7 2 device shall be furnished to the purchaser of the 7 3 device by the manufacturer. The approval shall be 7 4 based upon the recommendation of the United States 7 5 national institute of standards and technology. 7 6 Sec. 14. Section 231C.17, subsection 4, if enacted 7 7 by 2003 Iowa Acts, House File 675, section 24, is 7 8 amended by striking the subsection and inserting in 7 9 lieu thereof the following: 7 10 4. A continuing care retirement community that is 7 11 in compliance with chapter 523D shall not be held in 7 12 violation of this chapter if the continuing care 7 13 retirement community provides personal care services 7 14 to its independent living tenants if all of the 7 15 following conditions are met: 7 16 a. The independent living tenants being provided 7 17 personal care services under this subsection do not 7 18 require staff supervision during the period when such 7 19 services are not being provided. 7 20 b. The portions of the continuing care retirement 7 21 community in which tenants reside who do require staff 7 22 supervision beyond the period in which personal care 7 23 services are being provided are certified in 7 24 accordance with this chapter or other applicable 7 25 chapter. 7 26 c. Independent living tenants are provided the 7 27 option of retaining personal care services from a 7 28 person other than the continuing care retirement 7 29 community. 7 30 For the purposes of this subsection, "continuing 7 31 care retirement community" means as defined in section 7 32 523D.1. 7 33 Sec. 15. Section 384.84, Code 2003, is amended by 7 34 adding the following new subsection: 7 35 NEW SUBSECTION. 9. Notwithstanding subsection 3, 7 36 a lien shall not be filed against the land if the 7 37 premises are located on leased land. If the premises 7 38 are located on leased land, a lien may be filed 7 39 against the premises only. 7 40 Sec. 16. Section 422E.3A, subsection 2, paragraph 7 41 a, if enacted by 2003 Iowa Acts, Senate File 445, 7 42 section 8, is amended to read as follows: 7 43 a. A school district that is located in whole or 7 44 in part in a county that voted on and approved prior 7 45 to April 1, 2003, the local sales and services tax for 7 46 school infrastructure purposes and that has a sales 7 47 tax capacity per student above the guaranteed school 7 48 infrastructure amount shall receive for the remainder 7 49 of the term of the tax an amount equal to its pro rata 7 50 share of the local sales and services tax receipts as 8 1 provided in section 422E.3, subsection 5, paragraph 8 2 "d", unless the school board passes a resolution by 8 3 October 1, 2003, agreeing to receive a distribution 8 4 pursuant to paragraph "b", subparagraph (1). 8 5 Sec. 17. Section 422E.3A, subsection 2, paragraph 8 6 b, subparagraph (1), if enacted by 2003 Iowa Acts, 8 7 Senate File 445, section 8, is amended to read as 8 8 follows: 8 9 (1) A school district that is located in whole or 8 10 in part in a county that voted on and approved prior 8 11 to April 1, 2003, the local sales and services tax for 8 12 school infrastructure purposes and that has a sales 8 13 tax capacity per student below its guaranteed school 8 14 infrastructure amount shall receive for the remainder 8 15 of the term of the tax an amount equal to its pro rata 8 16 share of the local sales and services tax receipts as 8 17 provided in section 422E.3, subsection 5, paragraph 8 18 "d", plus an amount equal to its supplemental school 8 19 infrastructure amount, unless the school district 8 20 passes a resolution by October 1, 2003, agreeing to 8 21 receive only an amount equal to its pro rata share as 8 22 provided in section 422E.3, subsection 5, paragraph 8 23 "d", in all subsequent years. 8 24 Sec. 18. Section 435.26A, subsection 5, as enacted 8 25 by 2003 Iowa Acts, Senate File 134, section 7, and as 8 26 amended by 2003 Iowa Acts, Senate File 458, section 8 27 128, if enacted, is amended to read as follows: 8 28 5. An owner of a manufactured home who has 8 29 surrendered a certificate of title under this section 8 30 and requires another certificate of title for the 8 31 manufactured home is required to apply for a 8 32 certificate of title undersection 321.42chapter 321. 8 33 If supporting documents for the reissuance of a title 8 34 are not available or sufficient, the procedure for the 8 35 reissuance of a title specified in the rules of the 8 36 department of transportation shall be used. 8 37 Sec. 19. Section 508.31A, subsection 2, paragraph 8 38 a, subparagraph (4), as enacted by 2003 Iowa Acts, 8 39 House File 647, section 7, is amended to read as 8 40 follows: 8 41 (4) A person other than a natural person for the 8 42 purpose of providing collateral security for 8 43 securitiesissued by such person andregistered with 8 44 the federal securities and exchange commission. 8 45 Sec. 20. 2003 Iowa Acts, Senate File 401, section 8 46 5, subsection 1, is amended by striking the subsection 8 47 and inserting in lieu thereof the following: 8 48 1. Notwithstanding any provision of law to the 8 49 contrary, violations of section 453A.2, subsection 1, 8 50 pending on April 11, 2003, for which a county health 9 1 department, a city health department, or a city has 9 2 not assessed a penalty under section 453A.22, 9 3 subsection 2, by June 30, 2003, shall be transferred 9 4 in accordance with section 453A.2, subsection 5A, as 9 5 enacted by this Act, on July 1, 2003. 9 6 Sec. 21. 2003 Iowa Acts, Senate File 453, section 9 7 31, subsection 1, if enacted, is amended to read as 9 8 follows: 9 9 1. In lieu of applying a charge for capital assets 9 10 to the institutions under the control of the state 9 11 board of regents as otherwise provided in this 9 12 division for executive branch agencies, the 9 13 appropriations made from the general fund of the state 9 14 to the state board of regents for thegeneral9 15universityoperating budgets at the state university 9 16 of Iowa, Iowa state university of science and 9 17 technology, and university of northern Iowa, in 2003 9 18 Iowa Acts, House File 662, section 9, subsections 2, 9 19 3, and 4, are reduced by $17,880,000.The state board9 20of regents shall apply the reduction as follows: state9 21university of Iowa, 46.7 percent, Iowa state9 22university of science and technology, 36.8 percent,9 23and university of northern Iowa, 16.5 percent.9 24 Sec. 22. 2003 Iowa Acts, Senate File 458, section 9 25 171, subsection 1, if enacted, is amended to read as 9 26 follows: 9 27 1. PURPOSE. The general assembly finds that the 9 28 Iowa communications network is a valuable state asset 9 29 that has served the people of the state well, but 9 30 which requires significant ongoing financial support 9 31 from the state in the form of annual appropriations. 9 32 The operation of a telecommunications network is a 9 33 function that can be and generally is conducted by 9 34 private enterprise. It is in the public interest to 9 35 sell the Iowa communications network to a qualified 9 36 private business enterprise that will commit to 9 37 provide the same secure low-cost high-quality service 9 38 tostate and federalpublic and private agenciesand9 39military installations, as defined in chapter 8D, now 9 40 provided by the network. Through such a sale, the 9 41 state would eliminate the need for ongoing annual 9 42 appropriations while preserving the key benefits 9 43 enjoyed by the state under the present state ownership 9 44 of the network. The state also expects to obtain 9 45 sufficient proceeds from such a sale to cover existing 9 46 obligations and to realize additional proceeds above 9 47 the level of such obligations. Given the current 9 48 depressed state of the telecommunications industry, 9 49 the state can reasonably be expected to maximize sales 9 50 proceeds by allowing a purchaser a period of time in 10 1 which to assemble financing for its purchase. During 10 2 the interim between enactment of this division of this 10 3 Act and completion of a sale, the services of a 10 4 private-enterprise manager with experience operating 10 5 telecommunications networks can reasonably be expected 10 6 to reduce the costs of operating the Iowa 10 7 communications network, thereby lowering annual 10 8 appropriations. 10 9 Sec. 23. 2003 Iowa Acts, Senate File 458, section 10 10 172, subsection 2, paragraph b, if enacted, is amended 10 11 to read as follows: 10 12 b. Select a manager and enter into a management 10 13 contract with the manager by October 1, 2004. The 10 14 management contract shall provide for the continuation 10 15 of all services currently being provided tostate and10 16federalpublic and private agenciesand military10 17installationspursuant to chapter 8D, at the rates 10 18 specified therein, for the duration of the contract. 10 19 The contract shall also specify the manager's 10 20 authority in relation to the duties of the commission 10 21 during the period between execution of the management 10 22 contract and closing of the sale of the network. The 10 23 commission shall establish a dispute resolution 10 24 process regarding rate increases, quality of service 10 25 issues, and other areas of dispute involving network 10 26 subscribers. The commission shall also make 10 27 recommendations regarding imposition of an ongoing 10 28 dispute resolution and appeals process commencing with 10 29 the closing of the sale of the network. 10 30 Sec. 24. 2003 Iowa Acts, Senate File 458, section 10 31 173, subsection 1, if enacted, is amended to read as 10 32 follows: 10 33 1. Theprincipal place of business of the10 34 purchaser and any parent of the purchaser shall be 10 35locatedoperating in the state of Iowa. 10 36 Sec. 25. 2003 Iowa Acts, section 174, subsection 10 37 4, if enacted, is amended to read as follows: 10 38 4. Agree to continue all services currently being 10 39 provided tostate and federalpublic and private 10 40 agenciesand military installations, as defined in 10 41 chapter 8D, for the next ten years, with any annual 10 42 rate increase not to exceed five percent per year, 10 43 provided that the purchaser shall not be required to 10 44 supply at such restricted prices a quantity or quality 10 45 of service greater than that provided by the network 10 46 as of execution of the contract for sale of the 10 47 network. 10 48 Sec. 26. EFFECTIVE DATE – RETROACTIVE 10 49 APPLICABILITY. 10 50 1. The section of this division of this Act 11 1 amending section 231C.17, being deemed of immediate 11 2 importance, takes effect upon enactment. 11 3 2. The section of this division of this Act 11 4 amending 2003 Iowa Acts, Senate File 401, being deemed 11 5 of immediate importance, takes effect upon enactment 11 6 and is retroactively applicable to April 11, 2003. 11 7 DIVISION IV 11 8 CORRECTIVE PROVISIONS 11 9 Sec. 27. Section 8A.505, as enacted by 2003 Iowa 11 10 Acts, House File 534, section 87, is amended by adding 11 11 the following new unnumbered paragraph: 11 12 NEW UNNUMBERED PARAGRAPH. There is appropriated 11 13 annually from the increase in indirect cost 11 14 reimbursements over the amount of indirect cost 11 15 reimbursements received during the fiscal year 11 16 beginning July 1, 2002, to the office of grants 11 17 enterprise management of the department of management 11 18 the sum of up to one hundred twenty-five thousand 11 19 dollars. The director shall transfer the funds 11 20 appropriated to the department of management as 11 21 provided in this paragraph and shall make the funds 11 22 resulting from the increase in reimbursements 11 23 available during the fiscal year to the department of 11 24 management on a monthly basis. If the amount of the 11 25 increase in indirect cost reimbursements is 11 26 insufficient to pay the maximum appropriation provided 11 27 for in this paragraph, the amount appropriated is 11 28 equal to the amount of such increase. 11 29 Sec. 28. Section 12C.4, Code 2003, as amended by 11 30 2003 Iowa Acts, House File 289, section 2, is amended 11 31 to read as follows: 11 32 12C.4 LOCATION OF DEPOSITORIES. 11 33 Deposits by the treasurer of state shall be in 11 34 depositories located in this state; by a county 11 35 officer or county public hospital officer or merged 11 36 area hospital officer, in depositories located in the 11 37 county or in an adjoining county within this state; by 11 38 a memorial hospital treasurer, in a depository located 11 39 within this state which shall be selected by the 11 40 memorial hospital treasurer and approved by the 11 41 memorial hospital commission; by a city treasurer or 11 42 other city financial officer, in depositories located 11 43 in the county in which the city is located or in an 11 44 adjoining county, but if there is no depository in the 11 45 county in which the city is located or in an adjoining 11 46 county then in any other depository located in this 11 47 state which shall be selected as a depository by the 11 48 city council; by a school treasurer or by a school 11 49 secretary in a depository within this state which 11 50 shall be selected by the board of directors or the 12 1 trustees of the school district; by a township clerk 12 2 in a depository located within this state which shall 12 3 be selected by the township clerk and approved by the 12 4 trustees of the township. However, deposits may be 12 5 made in depositories outside of Iowa for the purpose 12 6 of paying principal and interest on bonded 12 7 indebtedness of any municipality when the deposit is 12 8 made not more than ten days before the date the 12 9 principal or interest becomes due. Further, the 12 10 treasurer of state may maintain an account or accounts 12 11 outside the state of Iowa for the purpose of providing 12 12 custodial services for the state and state retirement 12 13 fund accounts. Deposits made for the purpose of 12 14 completing an electronic financial transaction 12 15 pursuant to section14B.2038A.222 or 331.427 may be 12 16 made in any depository located in this state. 12 17 Sec. 29. Section 29A.28, subsection 3, as enacted 12 18 by 2003 Iowa Acts, House File 674, section 3, is 12 19 amended to read as follows: 12 20 3. Upon returning from a leave of absence under 12 21 this section, an employee shall be entitled to return 12 22 to the same position and classification held by the 12 23 employee at the time of entryontointo state active 12 24 duty, active state service, or federal service or to 12 25 the position and classification that the employee 12 26 would have been entitled to if the continuous civil 12 27 service of the employee had not been interrupted by 12 28 state active duty, active state service, or federal 12 29 service. Under this subsection, "position" includes 12 30 the geographical location of the position. 12 31 Sec. 30. Section 70A.39, subsection 1, paragraph 12 32 b, as enacted by 2003 Iowa Acts, House File 381, 12 33 section 1, is amended to read as follows: 12 34 b."Vascularized"Vascular organ" means a heart, 12 35 lung, liver, pancreas, kidney, intestine, or other 12 36 organ that requires the continuous circulation of 12 37 blood to remain useful for purposes of 12 38 transplantation. 12 39 Sec. 31. Section 99B.7, subsection 1, paragraph 1, 12 40 subparagraph (1), Code 2003, as amended by 2003 Iowa 12 41 Acts, Senate File 453, section 104, if enacted, is 12 42 amended to read as follows: 12 43 (1) No other gambling is engaged in at the same 12 44 location, except that lottery tickets or shares issued 12 45 by the Iowa lotterydivision of the department of12 46revenue and financeauthority may be sold pursuant to 12 47 chapter 99G. 12 48 Sec. 32. Section 507A.4, subsection 9, paragraph 12 49 e, as enacted by 2003 Iowa Acts, House File 647, 12 50 section 4, is amended to read as follows: 13 1 e. When not otherwise provided, a foreign or 13 2 domestic multipleemployeeemployer welfare 13 3 arrangement doing business in this state shall pay to 13 4 the commissioner of insurance the fees as required in 13 5 section 511.24. 13 6 Sec. 33. Section 556.11, subsection 5, Code 2003, 13 7 as amended by 2003 Iowa Acts, Senate File 180, section 13 8 2, is amended to read as follows: 13 9 5. If the holder of property presumed abandoned 13 10 under this chapter knows the whereabouts of the owner 13 11 and if the owner's claim has not been barred by the 13 12 statute of limitations, the holder shall, before 13 13 filing the annual report, communicate with the owner 13 14 and take necessary steps to prevent abandonment from 13 15 being presumed. The holder shall exercise due 13 16 diligence to ascertain the whereabouts of the owner. A 13 17 holder is not required to make a due diligence mailing 13 18 to owners whose property has an aggregate value of 13 19 less than fifty dollars. The treasurer of state may 13 20 charge a holder that fails to timely exercise due 13 21 diligence, as required in this subsection, five 13 22 dollars for each name and address account reported if 13 23 thirty-five percentofor more of the accounts are 13 24 claimed within the twenty-four months immediately 13 25 following the filing of the holder report. 13 26 Sec. 34. 2003 Iowa Acts, Senate File 438, section 13 27 3, is repealed. 13 28 Sec. 35. 2003 Iowa Acts, Senate File 453, section 13 29 11, if enacted, is amended to read as follows: 13 30 SEC. 11. Sections403.23,405A.1, 405A.2, 405A.3, 13 31 405A.4, 405A.5, 405A.6, 405A.7, 405A.8, 405A.9, 13 32 405A.10, 422.65, 427A.12, and 427B.19B, Code 2003, are 13 33 repealed. 13 34 Sec. 36. 2003 Iowa Acts, Senate File 458, section 13 35 13, if enacted, is amended to read as follows: 13 36 SEC. 13. REDUCTION IN CREDITS NOT APPLICABLE. The 13 37provisionprovisions in section 25B.7 relating to the 13 38 proration of the property tax creditsdoesand the 13 39 estimation of the portion of the credit or exemption 13 40 which will be funded do not apply with respect to the 13 41 amount of state reimbursement for property tax credits 13 42 under this division. 13 43 Sec. 37. 2003 Iowa Acts, Senate File 458, section 13 44 159, if enacted, is amended to read as follows: 13 45 SEC. 159. EFFECTIVE DATES. The following 13 46 provisions of this division of this Act, being deemed 13 47 of immediate importance, take effect upon enactment: 13 48 1. The amendments to sections 8.23, 8.31, and 8.57 13 49 which are first applicable to appropriations made for 13 50 the fiscal year beginning July 1, 2003. 14 1 2. The amendment to section 12E.12. 14 2 3. The amendments to sections 15E.42, 15E.43, 14 3 15E.45, and 15E.51, which apply retroactively to 14 4 January 1, 2002, for tax years beginning on or after 14 5 that date. 14 6 4. The amendment to section 15E.193B. 14 7 5. The amendment to section 435.26A. 14 8 6. The amendment to section 453A.2, which shall 14 9 only take effect if 2003 Iowa Acts, Senate File 401, 14 10 is enacted by the Eightieth General Assembly, 2003 14 11 Regular Session. 14 12 7. The amendments to sections 453C.1 and 453C.2 14 13 and the related severability provision. 14 14 8. The amendments to sections 518.18 and 518A.35. 14 15 9. The section directing the department of 14 16 corrections to develop a plan for selling certain 14 17 land. 14 18 10. The section relating to the sales and use tax 14 19 refund. 14 20 11. The section relating to the school district 14 21 reimbursement claim. 14 22 The sections of this division of this Act amending 14 23 section 80B.5 and enacting section 80B.5A are 14 24 applicable to the appointment of the director of the 14 25 Iowa law enforcement academy for the term beginning 14 26 May 1, 2004. 14 27Section 29C.8, subsection 3, paragraph "f", as14 28enacted in this division of this Act, and the14 29amendment to section 29C.20, subsection 1, as enacted14 30in this division of this Act, take effect July 1,14 312004.14 32 Sec. 38. 2003 Iowa Acts, House File 171, section 14 33 112, the bill section amending clause, is amended to 14 34 read as follows: 14 35 Section 656.2, subsection 2, paragraph a, 14 36 unnumbered paragraph113, Code 2003, is amended to 14 37 read as follows: 14 38 Sec. 39. 2003 Iowa Acts, House File 662, section 14 39 5, subsection 8, paragraphs a and b, if enacted, are 14 40 amended to read as follows: 14 41 a. Of the amount appropriated in thissection14 42 subsection, $347,371 shall be allocated to the public 14 43 broadcasting division for purposes of providing 14 44 support for functions related to the Iowa 14 45 communications network, including but not limited to 14 46 the following functions: development of distance 14 47 learning applications; development of a central 14 48 information source on the internet relating to 14 49 educational uses of the network; second-line technical 14 50 support for network sites; testing and initializing 15 1 sites onto the network; and coordinating the work of 15 2 the education telecommunications council. 15 3 b. Of the amount appropriated in thissection15 4 subsection, $1,272,285 shall be allocated to the 15 5 regional telecommunications councils established in 15 6 section 8D.5. The regional telecommunications 15 7 councils shall use the funds to provide technical 15 8 assistance for network classrooms, planning and 15 9 troubleshooting for local area networks, scheduling of 15 10 video sites, and other related support activities. 15 11 Sec. 40. 2003 Iowa Acts, House File 662, section 15 12 6, unnumbered paragraph 2, if enacted, is amended to 15 13 read as follows: 15 14 The funds allocated in thissubsectionsection 15 15 shall be distributed as follows: 15 16 Sec. 41. 2003 Iowa Acts, House File 662, section 15 17 18, if enacted, is repealed. 15 18 Sec. 42. EFFECTIVE AND APPLICABILITY DATES. 15 19 1. The section of this division of this Act 15 20 amending section 29A.28, subsection 3, being deemed of 15 21 immediate importance, takes effect upon enactment and 15 22 applies retroactively to January 1, 2003. 15 23 2. The section of this division of this Act 15 24 amending 2003 Iowa Acts, Senate File 458, section 159, 15 25 being deemed of immediate importance, takes effect 15 26 upon enactment. 15 27 3. 2003 Iowa Acts, Senate File 458, section 140, 15 28 relating to nonreversion of funds appropriated in 1996 15 29 Iowa Acts, chapter 1218, and 1997 Iowa Acts, chapter 15 30 215, if enacted, being deemed of immediate importance, 15 31 takes effect upon enactment of this Act. 15 32 DIVISION V 15 33 ALTERNATIVE FORMS OF LOCAL GOVERNMENT 15 34 Sec. 43. Section 331.234, subsections 3 and 4, 15 35 Code 2003, as amended by 2003 Iowa Acts, Senate File 15 36 390, section 4, if enacted, are amended to read as 15 37 follows: 15 38 3. The board shall make available to the 15 39 commission in-kind services such as office space, 15 40 printing, supplies, and equipment. The countyand 15 41 shall payfrom the segregated account established in15 42subsection 4,the other necessary expenses of the 15 43 commission including compensation for secretarial, 15 44 clerical, professional, and consultant services. The 15 45 total annual expenses, not including the value of in- 15 46 kind expenses, to be paid from public funds shall not 15 47 exceed one hundred thousand dollars or an amount equal 15 48 to thirty cents times the population of the commission 15 49 area, according to the most recent certified federal 15 50 census. The commission may employ staff as necessary. 16 1 4.TheExcept as otherwise provided in subsection 16 2 5, the expenses of the commissionshall be paid by16 3each city and county participating in the charter16 4process ormay be paid from the general fund of the 16 5 county. Expenses of the commission may also be paid 16 6 from any combination of public or private funds 16 7 available for that purpose.Each city's share shall16 8be its pro rata share of the expenses based upon the16 9ratio that the population of the city bears to the16 10total population in the county. The county's share16 11shall be its pro rata share of expenses based upon the16 12ratio that the population of the unincorporated area16 13of the county bears to the total population of the16 14county. The amount paid by each city and county16 15participating in the charter process shall be16 16deposited in a segregated account maintained by the16 17county.The commission's annual expenses may exceed 16 18 the amount in subsection 3 only if the excess is paid 16 19 from private funds. If a proposed charter is 16 20 submitted to the electorate, private funds donated to 16 21 the commission may be used to promote passage of the 16 22 proposed charter. 16 23 Sec. 44. Section 331.234, Code 2003, is amended by 16 24 adding the following new subsection: 16 25 NEW SUBSECTION. 5. In the case of a city-county 16 26 consolidation charter commission or a community 16 27 commonwealth charter commission, the expenses of the 16 28 commission shall be paid by each city and county 16 29 participating in the charter process pursuant to 16 30 section 331.233A. Each participating city's share 16 31 shall be its pro rata share of the expenses based upon 16 32 the ratio that the population of the city bears to the 16 33 total population in the county. The remainder shall 16 34 be paid from the general fund of the county. The 16 35 amount paid by each city and county participating in 16 36 the charter process shall be deposited in a segregated 16 37 account maintained by the county. 16 38 Sec. 45. Section 331.235, subsection 3, Code 2003, 16 39 as amended by 2003 Iowa Acts, Senate File 390, section 16 40 5, if enacted, is amended to read as follows: 16 41 3. Within twenty months after organization, the 16 42 commission shall submit the final report to the board. 16 43 If the commission is created pursuant to section 16 44 331.264, subsection 4, the commission shall submit the 16 45 final report to the board within five months after 16 46 submission of the preliminary report to the board 16 47 pursuant to section 331.264, subsection 3. A 16 48 commission created pursuant to section 331.264, 16 49 subsection 4, may adopt a motion granting itself a 16 50 sixty-day extension of time for submission of its 17 1 final report. If the commission recommends a charter 17 2 including a form of government other than the existing 17 3 form of government, the final report shall include the 17 4 full text and an explanation of the proposed charter, 17 5a statement of whether the elected officers shall be17 6elected on a partisan or nonpartisan basis,an 17 7 analysis of the fiscal impact of the proposed charter, 17 8 any comments deemed desirable by the commission, and 17 9 any minority reports. The final report may recommend 17 10 no change to the existing form of government and that 17 11 no charter be submitted to the electorate, in which 17 12 case, the report shall state the reasons for and 17 13 against a change in the existing form of government. 17 14 The final report shall be made available to the 17 15 residents of the county upon request. A summary of 17 16 the final report shall be published in the official 17 17 newspapers of the county and in a newspaper of general 17 18 circulation in each participating city. 17 19 Sec. 46. Section 331.238, subsection 4, if enacted 17 20 by 2003 Iowa Acts, Senate File 390, section 9, is 17 21 amended to read as follows: 17 22 4.Subsections 1 and 2 doThis section does not 17 23 apply to the city-county consolidated form of 17 24 government or the community commonwealth form of 17 25 government. 17 26 Sec. 47. Section 331.247, subsection 4, Code 2003, 17 27 as amended by 2003 Iowa Acts, Senate File 390, section 17 28 11, if enacted, is amended to read as follows: 17 29 4. If an alternative form of government for a 17 30 consolidated unit of local government is proposed, 17 31 approval of the consolidation charter shall be 17 32 separate from approval of the alternative form of 17 33 government in those cities proposed to be included in 17 34 the consolidation. The question of whether the 17 35 election of officers of the consolidated unit of local 17 36 government shall be with regard to political 17 37 affiliation shall be a separate question on the 17 38 ballot. Adoption of the consolidation charter 17 39 requires the approval of a majority of the votes cast 17 40 in the entire county. A city named on the ballot is 17 41 included in the consolidation if the proposed charter 17 42 is approved by a majority of the votes cast in the 17 43 city. The consolidation charter shall be effective in 17 44 regard to a city government only if a majority of the 17 45 voters of the city voting on the question voted for 17 46 participation in the consolidation charter. 17 47 Sec. 48. Section 331.248, subsection 2, paragraph 17 48 j, if enacted by 2003 Iowa Acts, Senate File 390, 17 49 section 13, is amended by striking the paragraph and 17 50 inserting in lieu thereof the following: 18 1 j. Provide for the effective date of the adopted 18 2 charter. 18 3 Sec. 49. Section 331.252, Code 2003, as amended by 18 4 2003 Iowa Acts, Senate File 390, section 18, if 18 5 enacted, is amended by adding the following new 18 6 unnumbered paragraph after unnumbered paragraph 2: 18 7 NEW UNNUMBERED PARAGRAPH. If the charter described 18 8 on this ballot is adopted, should officers of the new 18 9 government be elected with regard to political 18 10 affiliation? 18 11 Sec. 50. Section 331.254, subsection 7, Code 2003, 18 12 as amended by 2003 Iowa Acts, Senate File 390, section 18 13 19, if enacted, is amended to read as follows: 18 14 7. The merger of the elective offices of each 18 15 consolidating county with the election of new officers 18 16 within sixty days after the effective date of the 18 17 charterwhich shall specifically provide whether the18 18election of new officers shall be on a partisan or18 19nonpartisan basis, notwithstanding section 331.238,18 20subsection 3. The elections shall be conducted by the 18 21 county commissioner of elections of each county. No 18 22 primary election shall be held. Nominations shall be 18 23 made pursuant to section 43.78 and chapters 44 and 45, 18 24 as applicable, except that the filing deadline shall 18 25 be forty days before the election. 18 26 Sec. 51. Section 331.261, subsection 11, Code 18 27 2003, as amended by 2003 Iowa Acts, Senate File 390, 18 28 section 22, if enacted, is amended by striking the 18 29 subsection and inserting in lieu thereof the 18 30 following: 18 31 11. The effective date of the adopted charter. 18 32 Sec. 52. Section 331.264, subsection 4, if enacted 18 33 by 2003 Iowa Acts, Senate File 390, section 25, is 18 34 amended to read as follows: 18 35 4. If the committee report recommends a city- 18 36 county consolidation or community commonwealth, the 18 37 committee shall continue its existence and be 18 38 designated, and operate with the powers and duties of, 18 39 a commission created pursuant to section 331.233A. If 18 40 the committee report recommends a multicounty 18 41 consolidation, the committee shall continue its 18 42 existence and be designated, and operate with the 18 43 powers and duties of, a commission created pursuant to 18 44 section 331.233.If the committee recommends an18 45alternative form of government, that recommendation18 46shall state whether elections conducted under that18 47form of government shall be partisan or nonpartisan.18 48 Sec. 53. EFFECTIVE AND APPLICABILITY DATES. This 18 49 division of this Act, being deemed of immediate 18 50 importance, takes effect upon enactment and applies to 19 1 charter commissions in existence on that date. 19 2 DIVISION VI 19 3 ECONOMIC DEVELOPMENT APPROPRIATIONS 19 4 Sec. 54. MARKETING APPROPRIATION. 19 5 1. There is appropriated from the grow Iowa fund 19 6 created in section 15G.107, if enacted by 2003 Iowa 19 7 Acts, House File 692 or another Act, to the department 19 8 of economic development, for the fiscal period 19 9 beginning July 1, 2003, and ending June 30, 2010, the 19 10 following amounts, or so much thereof as is necessary, 19 11 to be used for the purpose designated: 19 12 For implementing and administering the marketing 19 13 strategy approved under section 15G.108, if enacted by 19 14 2003 Iowa Acts, House File 692 or another Act: 19 15 FY 2003-2004..................................... $ 7,500,000 19 16 FY 2004-2005..................................... $ 7,500,000 19 17 FY 2005-2006..................................... $ 5,000,000 19 18 FY 2006-2007..................................... $ 5,000,000 19 19 FY 2007-2008..................................... $ 5,000,000 19 20 FY 2008-2009..................................... $ 5,000,000 19 21 FY 2009-2010..................................... $ 2,500,000 19 22 2. Notwithstanding section 8.33, moneys that 19 23 remain unexpended at the end of a fiscal year shall 19 24 not revert to any fund but shall remain available for 19 25 expenditure for the designated purposes during the 19 26 succeeding fiscal year. 19 27 Sec. 55. DEPARTMENT OF ECONOMIC DEVELOPMENT 19 28 APPROPRIATION. 19 29 1. There is appropriated from the grow Iowa fund 19 30 created in section 15G.107, if enacted by 2003 Iowa 19 31 Acts, House File 692 or another Act, to the department 19 32 of economic development for the fiscal period 19 33 beginning July 1, 2003, and ending June 30, 2010, the 19 34 following amounts, or so much thereof as is necessary, 19 35 to be used for the purpose designated: 19 36 For programs administered by the department of 19 37 economic development: 19 38 FY 2003-2004...................................... $ 41,575,000 19 39 FY 2004-2005...................................... $ 31,575,000 19 40 FY 2005-2006...................................... $ 35,000,000 19 41 FY 2006-2007...................................... $ 32,500,000 19 42 FY 2007-2008...................................... $ 30,500,000 19 43 FY 2008-2009...................................... $ 13,500,000 19 44 FY 2009-2010...................................... $ 13,500,000 19 45 2. Notwithstanding section 8.33, moneys that 19 46 remain unexpended at the end of a fiscal year shall 19 47 not revert to any fund but shall remain available for 19 48 expenditure for the designated purposes during the 19 49 succeeding fiscal year. 19 50 3. Each year that moneys are appropriated under 20 1 this section, the grow Iowa board shall allocate a 20 2 percentage of the moneys for each of the following 20 3 types of activities: 20 4 a. Business start-ups. 20 5 b. Business expansion. 20 6 c. Business modernization. 20 7 d. Business attraction. 20 8 e. Business retention. 20 9 f. Marketing. 20 10 4. An applicant for moneys appropriated under this 20 11 section shall be required by the department to include 20 12 in the application a statement regarding the intended 20 13 return on investment. A recipient of moneys 20 14 appropriated under this section shall annually submit 20 15 a statement to the department regarding the progress 20 16 achieved on the intended return on investment stated 20 17 in the application. The department, in cooperation 20 18 with the department of revenue and finance, shall 20 19 develop a method of identifying and tracking each new 20 20 job created through financial assistance from moneys 20 21 appropriated under this section. 20 22 5. The department may use moneys appropriated 20 23 under this section to procure technical assistance 20 24 from either the public or private sector, for 20 25 information technology purposes, and for rail, air, or 20 26 river port transportation-related purposes. The use 20 27 of moneys appropriated for rail, air, or river port 20 28 transportation-related purposes must be directly 20 29 related to an economic development project and the 20 30 moneys must be used to leverage other financial 20 31 assistance moneys. 20 32 6. Of the moneys appropriated under this section, 20 33 the department may use one-quarter of one percent for 20 34 administrative purposes. 20 35 7. The grow Iowa board is required to approve or 20 36 deny applications for financial assistance from moneys 20 37 appropriated under this section. 20 38 Sec. 56. UNIVERSITY AND COLLEGE FINANCIAL 20 39 ASSISTANCE APPROPRIATION. 20 40 1. There is appropriated from the grow Iowa fund 20 41 created in section 15G.107, if enacted by 2003 Iowa 20 42 Acts, House File 692 or another Act, to the grow Iowa 20 43 board for the fiscal period beginning July 1, 2003, 20 44 and ending June 30, 2010, the following amounts, or so 20 45 much thereof as is necessary, to be used for the 20 46 purposes designated: 20 47 For financial assistance for institutions of higher 20 48 learning under the control of the state board of 20 49 regents and for accredited private institutions as 20 50 defined in section 261.9 for multiuse, goods 21 1 manufacturing processes approved by the food and drug 21 2 administration of the United States department of 21 3 health and human services, protein purification 21 4 facilities for plant, animal, and chemical 21 5 manufactured proteins; upgrading food and drug 21 6 administration drug approval laboratories in Iowa City 21 7 to a larger multiclient, goods manufacturing processes 21 8 facility; crop and animal livestock facilities for the 21 9 growing of transgenic crops and livestock; and 21 10 advanced laboratory space: 21 11 FY 2003-2004...................................... $ 5,325,000 21 12 FY 2004-2005...................................... $ 5,325,000 21 13 FY 2005-2006...................................... $ 5,325,000 21 14 FY 2006-2007...................................... $ 5,325,000 21 15 FY 2007-2008...................................... $ 5,325,000 21 16 FY 2008-2009...................................... $ 5,325,000 21 17 FY 2009-2010...................................... $ 5,325,000 21 18 2. Notwithstanding section 8.33, moneys that 21 19 remain unexpended at the end of a fiscal year shall 21 20 not revert to any fund but shall remain available for 21 21 expenditure for the designated purposes during the 21 22 succeeding fiscal year. 21 23 3. In the distribution of moneys appropriated 21 24 pursuant to this section, the grow Iowa board shall 21 25 examine the potential for using moneys appropriated 21 26 pursuant to this section to leverage other moneys for 21 27 financial assistance to accredited private 21 28 institutions. 21 29 4. In awarding moneys appropriated pursuant to 21 30 this section, the grow Iowa board shall consider 21 31 whether the purchase of suitable existing 21 32 infrastructure is more cost-efficient than building 21 33 new infrastructure. 21 34 5. An institution of higher learning under the 21 35 control of the state board of regents may apply to use 21 36 financial assistance moneys under this section for 21 37 purposes of a public and private joint venture to 21 38 acquire infrastructure assets or research facilities 21 39 or to leverage moneys in a manner consistent with 21 40 meeting the goals and performance measures provided in 21 41 section 15G.106, if enacted by 2003 Iowa Acts, House 21 42 File 692 or another Act. 21 43 Sec. 57. REHABILITATION PROJECT TAX CREDITS 21 44 APPROPRIATION. 21 45 1. There is appropriated from the grow Iowa fund 21 46 created in section 15G.107, if enacted by 2003 Iowa 21 47 Acts, House File 692 or another Act, to the general 21 48 fund of the state, for the fiscal period beginning 21 49 July 1, 2003, and ending June 30, 2010, the following 21 50 amounts, or so much thereof as is necessary, to be 22 1 used for the purpose designated: 22 2 For payment of tax credits approved pursuant to 22 3 section 404A.4 for projects located in certified 22 4 cultural and entertainment districts: 22 5 FY 2003-2004...................................... $ 700,000 22 6 FY 2004-2005...................................... $ 700,000 22 7 FY 2005-2006...................................... $ 700,000 22 8 FY 2006-2007...................................... $ 700,000 22 9 FY 2007-2008...................................... $ 700,000 22 10 FY 2008-2009...................................... $ 700,000 22 11 FY 2009-2010...................................... $ 700,000 22 12 2. Notwithstanding section 8.33, moneys that 22 13 remain unexpended at the end of a fiscal year shall 22 14 not revert to any fund but shall remain available for 22 15 expenditure for the designated purposes during the 22 16 succeeding fiscal year. 22 17 Sec. 58. LOAN AND CREDIT GUARANTEE FUND 22 18 APPROPRIATION. 22 19 1. There is appropriated from the grow Iowa fund 22 20 created in section 15G.107, if enacted by 2003 Iowa 22 21 Acts, House File 692 or another Act, to the department 22 22 of economic development for the fiscal period 22 23 beginning July 1, 2003, and ending June 30, 2010, the 22 24 following amounts, or so much thereof as is necessary, 22 25 to be used for the purpose designated: 22 26 For deposit in the loan and credit guarantee fund 22 27 created in section 15E.227: 22 28 FY 2003-2004...................................... $ 2,500,000 22 29 FY 2004-2005...................................... $ 7,500,000 22 30 FY 2005-2006...................................... $ 8,575,000 22 31 FY 2006-2007...................................... $ 11,075,000 22 32 FY 2007-2008...................................... $ 13,075,000 22 33 FY 2008-2009...................................... $ 35,075,000 22 34 FY 2009-2010...................................... $ 37,575,000 22 35 2. Notwithstanding section 8.33, moneys that 22 36 remain unexpended at the end of a fiscal year shall 22 37 not revert to any fund but shall remain available for 22 38 expenditure for the designated purpose during the 22 39 succeeding fiscal year. 22 40 Sec. 59. ENDOW IOWA TAX CREDITS. 22 41 1. There is appropriated from the grow Iowa fund 22 42 created in section 15G.107, if enacted by 2003 Iowa 22 43 Acts, House File 692 or another Act, to the general 22 44 fund of the state, for the fiscal period beginning 22 45 July 1, 2003, and ending June 30, 2010, the following 22 46 amounts, or so much thereof as is necessary, to be 22 47 used for the purpose designated: 22 48 For payment of endow Iowa tax credits authorized 22 49 pursuant to section 15E.305: 22 50 FY 2003-2004...................................... $ 200,000 23 1 FY 2004-2005...................................... $ 200,000 23 2 FY 2005-2006...................................... $ 200,000 23 3 FY 2006-2007...................................... $ 200,000 23 4 FY 2007-2008...................................... $ 200,000 23 5 FY 2008-2009...................................... $ 200,000 23 6 FY 2009-2010...................................... $ 200,000 23 7 2. Notwithstanding section 8.33, moneys that 23 8 remain unexpended at the end of a fiscal year shall 23 9 not revert to any fund but shall remain available for 23 10 expenditure for the designated purposes during the 23 11 succeeding fiscal year. 23 12 Sec. 60. ENDOW IOWA GRANTS APPROPRIATION. 23 13 1. There is appropriated from the grow Iowa fund 23 14 created in section 15G.107, if enacted by 2003 Iowa 23 15 Acts, House File 692 or another Act, to the department 23 16 of economic development for the fiscal period 23 17 beginning July 1, 2003, and ending June 30, 2010, the 23 18 following amounts, or so much thereof as is necessary, 23 19 to be used for the purpose designated: 23 20 For endow Iowa grants to lead philanthropic 23 21 entities pursuant to section 15E.304: 23 22 FY 2003-2004...................................... $ 200,000 23 23 FY 2004-2005...................................... $ 200,000 23 24 FY 2005-2006...................................... $ 200,000 23 25 FY 2006-2007...................................... $ 200,000 23 26 FY 2007-2008...................................... $ 200,000 23 27 FY 2008-2009...................................... $ 200,000 23 28 FY 2009-2010...................................... $ 200,000 23 29 2. Notwithstanding section 8.33, moneys that 23 30 remain unexpended at the end of a fiscal year shall 23 31 not revert to any fund but shall remain available for 23 32 expenditure for the designated purposes during the 23 33 succeeding fiscal year. 23 34 Sec. 61. ANTICIPATED FEDERAL MONEYS – 23 35 APPROPRIATION. 23 36 1. There is appropriated from the fund created by 23 37 section 8.41, for the fiscal period beginning July 1, 23 38 2003, and ending June 30, 2005, the following amounts 23 39 to be used for the purpose designated: 23 40 For deposit in the grow Iowa fund created in 23 41 section 15G.107, if enacted by 2003 Iowa Acts, House 23 42 File 692 or another Act: 23 43 FY 2003-2004...................................... $ 59,000,000 23 44 FY 2004-2005...................................... $ 41,000,000 23 45 2. Moneys appropriated in this section are moneys 23 46 anticipated to be received from the federal government 23 47 for state and local government fiscal relief under the 23 48 federal Jobs and Growth Tax Relief Reconciliation Act 23 49 of 2003 and shall be expended as provided in the 23 50 federal law making the moneys available and in 24 1 conformance with chapter 17A. 24 2 3. Notwithstanding section 8.33, moneys that 24 3 remain unexpended at the end of a fiscal year shall 24 4 not revert to any fund but shall remain available for 24 5 expenditure for the designated purposes during the 24 6 succeeding fiscal year. 24 7 Sec. 62. STREAMLINED SALES AND USE TAX REVENUE – 24 8 APPROPRIATION. 24 9 1. There is appropriated from the general fund 24 10 from moneys credited to the general fund as a result 24 11 of entering into the streamlined sales and use tax 24 12 agreement, for the fiscal period beginning July 1, 24 13 2005, and ending June 30, 2010, the following amounts 24 14 to be used for the purpose designated: 24 15 For deposit in the grow Iowa fund created in 24 16 section 15G.107, if enacted by 2003 Iowa Acts, House 24 17 File 692 or another Act: 24 18 FY 2005-2006...................................... $ 70,000,000 24 19 FY 2006-2007...................................... $ 70,000,000 24 20 FY 2007-2008...................................... $ 70,000,000 24 21 FY 2008-2009...................................... $ 70,000,000 24 22 FY 2009-2010...................................... $ 70,000,000 24 23 2. Notwithstanding section 8.33, moneys that 24 24 remain unexpended at the end of a fiscal year shall 24 25 not revert to any fund but shall remain available for 24 26 expenditure for the designated purposes during the 24 27 succeeding fiscal year. 24 28 DIVISION VII 24 29 WORKFORCE-RELATED ISSUES 24 30 Sec. 63. NEW SECTION. 260C.18A WORKFORCE 24 31 TRAINING AND ECONOMIC DEVELOPMENT FUNDS. 24 32 1. a. A workforce training and economic 24 33 development fund is created for each community 24 34 college. Moneys shall be deposited and expended from 24 35 a fund as provided under this section. 24 36 b. Moneys in the funds shall consist of any moneys 24 37 appropriated by the general assembly and any other 24 38 moneys available to and obtained or accepted by the 24 39 department of economic development from federal 24 40 sources or private sources for placement in the funds. 24 41 Notwithstanding section 8.33, moneys in the funds at 24 42 the end of each fiscal year shall not revert to any 24 43 other fund but shall remain in the funds for 24 44 expenditure in subsequent fiscal years. 24 45 2. On July 1 of each year for the fiscal year 24 46 beginning July 1, 2003, and for every fiscal year 24 47 thereafter, moneys from the grow Iowa fund created in 24 48 section 15G.107, if enacted by 2003 Iowa Acts, House 24 49 File 692 or another Act, are appropriated to the 24 50 department of economic development for deposit in the 25 1 workforce training and economic development funds in 25 2 amounts determined pursuant to subsection 3. Moneys 25 3 deposited in the funds and disbursed to community 25 4 colleges for a fiscal year shall be expended for the 25 5 following purposes: 25 6 a. Projects in which an agreement between a 25 7 community college and an employer located within the 25 8 community college's merged area meet all of the 25 9 requirements of the accelerated career education 25 10 program under chapter 260G. However, moneys used by 25 11 the community colleges from the workforce training and 25 12 economic development fund for these projects shall be 25 13 in lieu of the program job credits provided under 25 14 chapter 260G. Projects using moneys from the 25 15 workforce training and economic development fund under 25 16 this paragraph shall be in accordance with rules 25 17 adopted by the department of economic development 25 18 under chapter 260G. 25 19 b. Projects in which an agreement between a 25 20 community college and a business meet all the 25 21 requirements of the Iowa jobs training Act under 25 22 chapter 260F. However, when moneys are provided 25 23 through the grow Iowa fund for such projects, section 25 24 260F.6, subsections 1 and 2, and section 260F.8 shall 25 25 not apply. Projects using moneys from the workforce 25 26 training and economic development fund under this 25 27 paragraph shall be in accordance with rules adopted by 25 28 the department of economic development under chapter 25 29 260F. 25 30 c. For the development and implementation of 25 31 career academies designed to provide new career 25 32 preparation opportunities for high school students 25 33 that are formally linked with postsecondary career and 25 34 technical education programs. Moneys from workforce 25 35 training and economic development funds that are 25 36 expended for purposes of this paragraph shall be in 25 37 accordance with the plan submitted to the department 25 38 of economic development and the grow Iowa board under 25 39 subsection 5. For purposes of this section, "career 25 40 academy" means a program of study that combines a 25 41 minimum of two years of secondary education with an 25 42 associate degree, or the equivalent, career 25 43 preparatory program in a nonduplicative, sequential 25 44 course of study that is standards based, integrates 25 45 academic and technical instruction, utilizes work- 25 46 based and worksite learning where appropriate and 25 47 available, utilizes an individual career planning 25 48 process with parent involvement, and leads to an 25 49 associate degree or postsecondary diploma or 25 50 certificate in a career field that prepares an 26 1 individual for entry and advancement in a high-skill 26 2 and reward career field and further education. The 26 3 state board of education, in conjunction with the 26 4 division of community colleges and workforce 26 5 preparation of the department of education, and in 26 6 consultation with the department of economic 26 7 development, shall adopt administrative rules for the 26 8 development and implementation of such career 26 9 academies pursuant to section 256.11, subsection 5, 26 10 paragraph "h", section 260C.1, and Title II of Pub. L. 26 11 No. 105-332, Carl D. Perkins Vocational and Technical 26 12 Education Act of 1998. 26 13 d. Programs and courses that provide vocational 26 14 and technical training, and programs for in-service 26 15 training and retraining under section 260C.1, 26 16 subsections 2 and 3. 26 17 3. Moneys from the workforce training and economic 26 18 development fund that are expended for purposes of 26 19 this subsection shall be in accordance with the plan 26 20 submitted to the department of economic development 26 21 and the grow Iowa board under subsection 5. The 26 22 maximum cumulative total amount of moneys that may be 26 23 deposited in all the workforce training and economic 26 24 development funds for distribution to community 26 25 colleges in a fiscal year shall be determined as 26 26 follows: 26 27 a. Six million dollars for the fiscal year 26 28 beginning July 1, 2003. 26 29 b. Eleven million dollars for the fiscal year 26 30 beginning July 1, 2004. 26 31 c. Twenty million dollars for the fiscal year 26 32 beginning July 1, 2005. 26 33 d. Twenty million dollars for the fiscal year 26 34 beginning July 1, 2006. 26 35 e. Twenty million dollars for the fiscal year 26 36 beginning July 1, 2007. 26 37 f. Fifteen million dollars for the fiscal year 26 38 beginning July 1, 2008. 26 39 g. Fifteen million dollars for the fiscal year 26 40 beginning July 1, 2009. 26 41 4. The department of economic development shall 26 42 allocate the moneys appropriated pursuant to this 26 43 section to the community college workforce training 26 44 and economic development funds utilizing the same 26 45 distribution formula used for the allocation of state 26 46 general aid to the community colleges. 26 47 5. Each community college shall do all of the 26 48 following: 26 49 a. Adopt a two-year workforce training and 26 50 economic development fund plan outlining the community 27 1 college's proposed use of moneys appropriated under 27 2 subsection 2. 27 3 b. Update the two-year plan annually. 27 4 c. Prepare an annual progress report on the two- 27 5 year plan's implementation. 27 6 d. Annually submit the two-year plan and progress 27 7 report to the department of economic development in a 27 8 manner prescribed by rules adopted by the department 27 9 pursuant to chapter 17A and annually file a copy of 27 10 the plan and progress report with the grow Iowa board. 27 11 6. Any individual project using over one million 27 12 dollars of moneys from a workforce training and 27 13 economic development fund shall require prior approval 27 14 from the grow Iowa board. 27 15 Sec. 64. NEW SECTION. 260F.9 JOB RETENTION 27 16 PROGRAM AND FUND. 27 17 1. A job retention fund is created in the state 27 18 treasury under the control of the department of 27 19 economic development to encourage the retention of 27 20 existing jobs and income that would otherwise be lost 27 21 and encourage large businesses to remain in the state. 27 22 Moneys shall be deposited and expended from the fund 27 23 as provided in this section. 27 24 2. There is appropriated from the grow Iowa fund 27 25 created in section 15G.107, if enacted by 2003 Iowa 27 26 Acts, House File 692 or another Act, to the department 27 27 of economic development for the fiscal period 27 28 beginning July 1, 2003, and ending June 30, 2006, the 27 29 following amounts to be used for funding of job 27 30 retention programs and agreements authorized by the 27 31 department and participating community colleges as 27 32 provided in this section: 27 33 a. One million dollars for the fiscal year 27 34 beginning July 1, 2003. 27 35 b. One million dollars for the fiscal year 27 36 beginning July 1, 2004. 27 37 c. One million dollars for the fiscal year 27 38 beginning July 1, 2005. 27 39 3. Notwithstanding section 8.33, moneys that 27 40 remain unexpended at the end of a fiscal year shall 27 41 not revert to any fund but shall remain available for 27 42 expenditure for the designated purposes during the 27 43 succeeding fiscal year. 27 44 4. The department of economic development shall 27 45 administer the allocation of moneys in the job 27 46 retention fund and shall administer the job retention 27 47 program. The department shall adopt rules pursuant to 27 48 chapter 17A necessary for the administration of this 27 49 section. By January 15 of each year, the department 27 50 shall submit a written report to the general assembly 28 1 and the governor regarding the activities of the job 28 2 retention program during the previous calendar year. 28 3 5. A community college and the department may 28 4 enter into an agreement to establish a job retention 28 5 project. A job retention project agreement shall 28 6 include, but not be limited to, the following: 28 7 a. The date of the agreement. 28 8 b. The anticipated number of employees to be 28 9 trained. 28 10 c. The estimated cost of training. 28 11 d. A statement regarding the number of employees 28 12 employed by the participating business on the date of 28 13 the agreement which must equal at least the lesser of 28 14 one thousand employees or four percent or more of the 28 15 county's resident labor force based on the most recent 28 16 annual labor force statistics from the department of 28 17 workforce development. 28 18 e. A commitment that the participating business 28 19 shall invest at least fifteen million dollars to 28 20 retool the workplace and upgrade the facilities of the 28 21 participating business. 28 22 f. A commitment that the participating business 28 23 shall not move the business operation out of this 28 24 state or close the business operation for at least 28 25 five years following the date of the agreement. 28 26 g. Other criteria established by the department of 28 27 economic development. 28 28 6. A job retention project agreement entered into 28 29 pursuant to this section must be approved by the board 28 30 of trustees of the applicable community college, the 28 31 department of economic development, and the 28 32 participating business. 28 33 Sec. 65. NEW SECTION. 260F.101 REPORTING. 28 34 A community college entering into an agreement 28 35 pursuant to this chapter shall submit an annual 28 36 written report by the end of each calendar year with 28 37 the grow Iowa board created in section 15G.102, if 28 38 enacted by 2003 Iowa Acts, House File 692 or another 28 39 Act. The report shall provide information regarding 28 40 how the agreement affects the achievement of the goals 28 41 and performance measures provided in section 15G.106, 28 42 if enacted by 2003 Iowa Acts, House File 692 or 28 43 another Act. 28 44 Sec. 66. Section 260G.3, subsection 2, Code 2003, 28 45 is amended to read as follows: 28 46 2. An agreement may include reasonable and 28 47 necessary provisions to implement the accelerated 28 48 career education program. If an agreement that 28 49 utilizes program job credits is entered into, the 28 50 community college and the employer shall notify the 29 1 department of revenue and finance as soon as possible. 29 2 The community college shall also file a copy of the 29 3 agreement with the department of economic development 29 4 as required in section 260G.4B. The agreement shall 29 5 provide for program costs, including deferred costs, 29 6 which may be paid from any of the following sources: 29 7 a. Program job credits which the employer receives 29 8 based on the number of program job positions agreed to 29 9 by the employer to be available under the agreement. 29 10 b. Cash or in-kind contributions by the employer 29 11 toward the program cost. At a minimum, the employer 29 12 contribution shall be twenty percent of the program 29 13 costs. 29 14 c. Tuition, student fees, or special charges fixed 29 15 by the board of directors to defray program costs. 29 16 d. Guarantee by the employer of payments to be 29 17 received under paragraphs "a" and "b". 29 18 e. Moneys from a workforce training and economic 29 19 development fund created in section 260C.18A, based on 29 20 the number of program job positions agreed to by the 29 21 employer to be available under the agreement, the 29 22 amount of which shall be calculated in the same manner 29 23 as the program job credits provided for in section 29 24 260G.4A. 29 25 Sec. 67. NEW SECTION. 260G.101 REPORTING. 29 26 A community college entering into an agreement 29 27 pursuant to this chapter shall submit an annual 29 28 written report by the end of each calendar year with 29 29 the grow Iowa board created in section 15G.102, if 29 30 enacted by 2003 Iowa Acts, House File 692 or another 29 31 Act. The report shall provide information regarding 29 32 how the agreement affects the achievement of the goals 29 33 and performance measures provided in section 15G.106, 29 34 if enacted by 2003 Iowa Acts, House File 692 or 29 35 another Act. 29 36 DIVISION VIII 29 37 LOAN AND CREDIT GUARANTEE FUND 29 38 Sec. 68. NEW SECTION. 15E.227 LOAN AND CREDIT 29 39 GUARANTEE FUND. 29 40 1. A loan and credit guarantee fund is created and 29 41 established as a separate and distinct fund in the 29 42 state treasury. Moneys in the fund shall only be used 29 43 for purposes provided in this section. The moneys in 29 44 the fund are appropriated to the department to be used 29 45 for all of the following purposes: 29 46 a. Payment of claims pursuant to loan and credit 29 47 guarantee agreements entered into under this division. 29 48 b. Payment of administrative costs of the 29 49 department for actual and necessary administrative 29 50 expenses incurred by the department in administering 30 1 the program. 30 2 c. Purchase or buyout of superior or prior liens, 30 3 mortgages, or security interests. 30 4 2. Moneys in the loan and credit guarantee fund 30 5 shall consist of all of the following: 30 6 a. Moneys appropriated by the general assembly for 30 7 that purpose and any other moneys available to and 30 8 obtained or accepted by the department for placement 30 9 in the fund. 30 10 b. Proceeds from collateral assigned to the 30 11 department, fees for guarantees, gifts, and moneys 30 12 from any grant made to the fund by any federal agency. 30 13 c. Moneys appropriated from the grow Iowa fund 30 14 created in section 15G.107, if enacted by 2003 Iowa 30 15 Acts, House File 692 or another Act. 30 16 3. Moneys in the fund are not subject to section 30 17 8.33. Notwithstanding section 12C.7, interest or 30 18 earnings on the moneys in the fund shall be credited 30 19 to the fund. 30 20 4. a. The department shall only pledge moneys in 30 21 the loan and credit guarantee fund and not any other 30 22 moneys of the department. The department may pledge 30 23 an amount not to exceed a total of any of the 30 24 following amounts of moneys in the fund to assure the 30 25 repayment of loan and credit guarantees or other 30 26 extensions of credit made to or on behalf of qualified 30 27 businesses or targeted industry businesses for 30 28 eligible project costs. 30 29 (1) Two million five hundred thousand dollars for 30 30 the fiscal year beginning July 1, 2003. 30 31 (2) Seven million five hundred thousand dollars 30 32 for the fiscal year beginning July 1, 2004. 30 33 (3) Eight million five hundred seventy-five 30 34 thousand dollars for the fiscal year beginning July 1, 30 35 2005. 30 36 (4) Eleven million seventy-five thousand dollars 30 37 for the fiscal year beginning July 1, 2006. 30 38 (5) Thirteen million seventy-five thousand dollars 30 39 for the fiscal year beginning July 1, 2007. 30 40 (6) Thirty-five million seventy-five thousand 30 41 dollars for the fiscal year beginning July 1, 2008. 30 42 (7) Thirty-seven million five hundred seventy-five 30 43 thousand dollars for the fiscal year beginning July 1, 30 44 2009. 30 45 b. The department shall not pledge the credit or 30 46 taxing power of this state or any political 30 47 subdivision of this state or make debts payable out of 30 48 any moneys except for those in the loan and credit 30 49 guarantee fund. 30 50 Sec. 69. This division of this Act is repealed 31 1 July 1, 2008. 31 2 DIVISION IX 31 3 UNIVERSITY-BASED RESEARCH UTILIZATION 31 4 PROGRAM APPROPRIATION 31 5 Sec. 70. NEW SECTION. 262B.12 APPROPRIATION. 31 6 On July 1 of each year there is appropriated from 31 7 the general fund of the state to each university under 31 8 the control of the state board of regents, an amount 31 9 equal to the amount determined by the department of 31 10 economic development pursuant to section 262B.11, 31 11 subsection 4, paragraph "c", subparagraph (2), if 31 12 enacted by 2003 Iowa Acts, House File 692 or another 31 13 Act. 31 14 DIVISION X 31 15 ENDOW IOWA TAX CREDIT 31 16 Sec. 71. NEW SECTION. 15E.305 ENDOW IOWA TAX 31 17 CREDIT. 31 18 1. For tax years beginning on or after January 1, 31 19 2003, a tax credit shall be allowed against the taxes 31 20 imposed in chapter 422, divisions II, III, and V, and 31 21 in chapter 432, and against the moneys and credits tax 31 22 imposed in section 533.24 equal to twenty percent of a 31 23 taxpayer's endowment gift to a qualified community 31 24 foundation. An individual may claim a tax credit 31 25 under this section of a partnership, limited liability 31 26 company, S corporation, estate, or trust electing to 31 27 have income taxed directly to the individual. The 31 28 amount claimed by the individual shall be based upon 31 29 the pro rata share of the individual's earnings from 31 30 the partnership, limited liability company, S 31 31 corporation, estate, or trust. A tax credit shall be 31 32 allowed only for an endowment gift made to a qualified 31 33 community foundation for a permanent endowment fund 31 34 established to benefit a charitable cause in this 31 35 state. Any tax credit in excess of the taxpayer's tax 31 36 liability for the tax year may be credited to the tax 31 37 liability for the following five years or until 31 38 depleted, whichever occurs first. A tax credit shall 31 39 not be carried back to a tax year prior to the tax 31 40 year in which the taxpayer claims the tax credit. 31 41 2. The aggregate amount of tax credits authorized 31 42 pursuant to this section shall not exceed a total of 31 43 two million dollars. The maximum amount of tax 31 44 credits granted to a taxpayer shall not exceed five 31 45 percent of the aggregate amount of tax credits 31 46 authorized. 31 47 3. A tax credit shall not be transferable to any 31 48 other taxpayer. 31 49 4. A tax credit shall not be authorized pursuant 31 50 to this section after December 31, 2005. 32 1 5. The department shall develop a system for 32 2 registration and authorization of tax credits under 32 3 this section and shall control the distribution of all 32 4 tax credits to taxpayers providing an endowment gift 32 5 subject to this section. The department shall adopt 32 6 administrative rules pursuant to chapter 17A for the 32 7 qualification and administration of endowment gifts. 32 8 Sec. 72. NEW SECTION. 422.11H ENDOW IOWA TAX 32 9 CREDIT. 32 10 The tax imposed under this division, less the 32 11 credits allowed under sections 422.12 and 422.12B, 32 12 shall be reduced by an endow Iowa tax credit 32 13 authorized pursuant to section 15E.305. 32 14 Sec. 73. Section 422.33, Code 2003, is amended by 32 15 adding the following new subsection: 32 16 NEW SUBSECTION. 14. The taxes imposed under this 32 17 division shall be reduced by an endow Iowa tax credit 32 18 authorized pursuant to section 15E.305. 32 19 Sec. 74. Section 422.60, Code 2003, is amended by 32 20 adding the following new subsection: 32 21 NEW SUBSECTION. 7. The taxes imposed under this 32 22 division shall be reduced by an endow Iowa tax credit 32 23 authorized pursuant to section 15E.305. 32 24 Sec. 75. NEW SECTION. 432.12D ENDOW IOWA TAX 32 25 CREDIT. 32 26 The tax imposed under this chapter shall be reduced 32 27 by an endow Iowa tax credit authorized pursuant to 32 28 section 15E.305. 32 29 Sec. 76. Section 533.24, Code 2003, is amended by 32 30 adding the following new unnumbered paragraph: 32 31 NEW UNNUMBERED PARAGRAPH. The moneys and credits 32 32 tax imposed under this section shall be reduced by an 32 33 endow Iowa tax credit authorized pursuant to section 32 34 15E.305. 32 35 Sec. 77. EFFECTIVE AND RETROACTIVE APPLICABILITY 32 36 DATES. This division of this Act, being deemed of 32 37 immediate importance, takes effect upon enactment and 32 38 is retroactively applicable to January 1, 2003, for 32 39 tax years beginning on or after that date. 32 40 DIVISION XI 32 41 REHABILITATION PROJECT TAX CREDITS 32 42 Sec. 78. Section 404A.4, subsection 4, Code 2003, 32 43 is amended to read as follows: 32 44 4. The total amount of tax credits that may be 32 45 approved for a fiscal year under this chapter shall 32 46 not exceed two million four hundred thousand dollars. 32 47 For the fiscal years beginning July 1, 2003, and July 32 48 1, 2004, an additional two million dollars of tax 32 49 credits may be approved each fiscal year for purposes 32 50 of projects located in cultural and entertainment 33 1 districts certified pursuant to section 303.3B, if 33 2 enacted by 2003 Iowa Acts, House File 692 or another 33 3 Act. Any of the additional tax credits allocated for 33 4 projects located in certified cultural and 33 5 entertainment districts that are not approved during a 33 6 fiscal year may be carried over to the succeeding 33 7 fiscal year. Tax credit certificates shall be issued 33 8 on the basis of the earliest awarding of 33 9 certifications of completion as provided in subsection 33 10 1. The departments of economic development and 33 11 revenue and finance shall each adopt rules to jointly 33 12 administer this subsection and shall provide by rule 33 13 for the method to be used to determine for which 33 14 fiscal year the tax credits are approved. 33 15 DIVISION XII 33 16 STATE ASSISTANCE FOR EDUCATIONAL INFRASTRUCTURE FUND 33 17 Sec. 79. Section 8.57, subsection 5, Code 2003, is 33 18 amended by adding the following new paragraph: 33 19 NEW PARAGRAPH. f. There is appropriated from the 33 20 rebuild Iowa infrastructure fund to the state 33 21 assistance for educational infrastructure fund created 33 22 in 2003 Iowa Acts, House File 692 or another Act, for 33 23 each fiscal year of the fiscal period beginning July 33 24 1, 2004, and ending June 30, 2014, the sum of ten 33 25 million dollars. The appropriation in this paragraph 33 26 shall be made after the appropriation to the 33 27 environment first fund pursuant to section 8.57A, 33 28 subsection 4. 33 29 Sec. 80. NEW SECTION. 292A.3A APPROPRIATION. 33 30 There is appropriated from the general fund of the 33 31 state from the revenue collected as a result of the 33 32 state entering into the streamlined sales and use tax 33 33 agreement to the state assistance for educational 33 34 infrastructure fund created in 2003 Iowa Acts, House 33 35 File 692 or another Act, the sum of five million 33 36 dollars for each fiscal year of the fiscal period 33 37 beginning July 1, 2004, and ending June 30, 2014. The 33 38 appropriation in this section shall be made after the 33 39 appropriation from the same source to the grow Iowa 33 40 fund created in 2003 Iowa Acts, House File 692 or 33 41 another Act. 33 42 DIVISION XIII 33 43 REPEALS 33 44 Sec. 81. The divisions of this Act designated 33 45 economic development appropriations, workforce-related 33 46 issues, loan and credit guarantee fund, university- 33 47 based research utilization program appropriation, 33 48 endow Iowa tax credit, and rehabilitation project tax 33 49 credits are repealed effective June 30, 2010. 33 50 DIVISION XIV 34 1 EFFECTIVE DATE 34 2 Sec. 82. EFFECTIVE DATE. Unless otherwise 34 3 provided in this Act, this Act takes effect July 1, 34 4 2003." 34 5 #2. Title page, by striking lines 1 through 15 and 34 6 inserting the following: "An Act relating to economic 34 7 development, financial, taxation, and regulatory 34 8 matters, making and revising appropriations, and 34 9 including effective, applicability, and retroactive 34 10 applicability provisions." 34 11 34 12 34 13 34 14 COMMITTEE ON APPROPRIATIONS 34 15 JEFF LAMBERTI, CHAIRPERSON 34 16 HF 683.313 80 34 17 tm/cf
Text: S03391 Text: S03393 Text: S03300 - S03399 Text: S Index Bills and Amendments: General Index Bill History: General Index
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