Text: S05004                            Text: S05006
Text: S05000 - S05099                   Text: S Index
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Senate Amendment 5005

Amendment Text

PAG LIN
  1  1    Amend Senate File 2102 as follows:
  1  2    #1.  Page 11, by inserting after line 1, the
  1  3 following:
  1  4    "Sec. ___.  Section 262B.1, Code Supplement 2003,
  1  5 is amended by striking the section and inserting in
  1  6 lieu thereof the following:
  1  7    262B.1  TITLE.
  1  8    This chapter shall be known and may be cited as the
  1  9 "University-Based Research and Economic Development
  1 10 Act".
  1 11    Sec. ___.  Section 262B.2, Code Supplement 2003, is
  1 12 amended by striking the section and inserting in lieu
  1 13 thereof the following:
  1 14    262B.2  LEGISLATIVE INTENT.
  1 15    It is the intent of the general assembly to provide
  1 16 support for mechanisms for encouraging the
  1 17 coordination of pure and applied research at the state
  1 18 board of regents institutions.  The purpose is to
  1 19 maximize and promote the economic benefit which may be
  1 20 derived from research.  This is to be done by
  1 21 increased coordination with the Iowa department of
  1 22 economic development and encouragement of the transfer
  1 23 of research results to the private sector.
  1 24    Sec. ___.  Section 262B.3, Code Supplement 2003, is
  1 25 amended by striking the section and inserting in lieu
  1 26 thereof the following:
  1 27    262B.3  ESTABLISHMENT OF CONSORTIUM.
  1 28    The board of regents or the universities under its
  1 29 jurisdiction shall establish consortiums for the
  1 30 purpose of carrying out the intent of this chapter.
  1 31 The majority of consortium members shall be from the
  1 32 university community and the balance of members shall
  1 33 be from private industry.  The members of the
  1 34 consortium shall be appointed by the president of the
  1 35 convening university and will serve at the pleasure of
  1 36 the president.
  1 37    Sec. ___.  NEW SECTION.  262B.4  DUTIES OF THE
  1 38 CONSORTIUM.
  1 39    1.  Each consortium shall assist the university in
  1 40 efforts to maximize the economic benefits outlined in
  1 41 section 262B.2.  More specifically, it shall assist
  1 42 the university by making recommendations for:
  1 43    a.  The development of strategies and materials
  1 44 useful in marketing university resources to out-of-
  1 45 state firms interested in an Iowa site.
  1 46    b.  Matching university resources with the needs of
  1 47 existing Iowa firms.
  1 48    c.  Evaluation of university research for
  1 49 commercial potential.
  1 50    d.  The development of a plan that will improve
  2  1 private sector access to the university and the
  2  2 transfer of technology from the university to the
  2  3 private sector.
  2  4    2.  In order to carry out its objectives, the
  2  5 consortium shall perform, but is not limited to, the
  2  6 following tasks:
  2  7    a.  Receive and review selected research synopses.
  2  8    b.  Disseminate information on research activities
  2  9 of the university.
  2 10    c.  Identify research needs of existing Iowa
  2 11 businesses and recommend ways in which the university
  2 12 can meet these needs.
  2 13    d.  On a case-by-case basis, suggest business and
  2 14 financial tactics useful in realizing the commercial
  2 15 potential of university research projects.
  2 16    e.  Provide applied technical referral services, if
  2 17 appropriate, including but not limited to the
  2 18 following duties:
  2 19    (1)  To determine and evaluate the research or
  2 20 applied technology needs of businesses and farms
  2 21 requesting assistance.
  2 22    (2)  To recommend technology transfer strategies to
  2 23 farms for more efficient production of agricultural
  2 24 commodities, or to businesses for developing and
  2 25 testing new products, adapting new technologies to
  2 26 manufacturing processes or methods, conducting
  2 27 marketing analyses of new products or processes, and
  2 28 identifying potential financing on new technology-
  2 29 based products or manufacturing processes.
  2 30    (3)  To refer businesses and farmers to
  2 31 universities, community colleges, small business
  2 32 development centers, other private businesses, and
  2 33 other research and technology transfer activities and
  2 34 programs which are beneficial to the development of
  2 35 new products and the application of technology.
  2 36    Sec. ___.  Section 262B.5, Code Supplement 2003, is
  2 37 amended by striking the section and inserting in lieu
  2 38 thereof the following:
  2 39    262B.5  REGENTS AND DEPARTMENT OF ECONOMIC
  2 40 DEVELOPMENT.
  2 41    The state board of regents and the Iowa department
  2 42 of economic development shall enter into an agreement
  2 43 under chapter 28E to coordinate and facilitate the
  2 44 activities of the consortiums.  The state board of
  2 45 regents and the Iowa department of economic
  2 46 development shall report annually to the governor and
  2 47 the general assembly concerning the activities of the
  2 48 consortiums."
  2 49    #2.  Page 25, by inserting after line 31, the
  2 50 following:
  3  1    "Sec. ___.  Section 455B.423, subsection 1, Code
  3  2 2003, is amended to read as follows:
  3  3    1.  A hazardous substance remedial fund is created
  3  4 within the state treasury.  Moneys received from fees,
  3  5 penalties, general revenue, federal funds, gifts,
  3  6 bequests, donations, or other moneys so designated
  3  7 shall be deposited in the state treasury to the credit
  3  8 of the fund.  Any unexpended balance in the remedial
  3  9 fund at the end of each fiscal year shall be retained
  3 10 in the fund.  However, any unexpended balance shall be
  3 11 transferred to the general fund to replace funds
  3 12 appropriated from the general fund during fiscal year
  3 13 1985 and fiscal year 1986 for the purposes for which
  3 14 expenditures from the remedial fund are allowed."
  3 15    #3.  Page 31, by inserting after line 7, the
  3 16 following:
  3 17    "Sec. ___.  Section 533C.103, subsection 4, Code
  3 18 Supplement 2003, is amended to read as follows:
  3 19    4.  A The following entities whether chartered or
  3 20 organized under the laws of a state or of the United
  3 21 States:  a bank, bank holding company, savings and
  3 22 loan association, savings bank, credit union, office
  3 23 of an international banking corporation, branch of a
  3 24 foreign bank, corporation organized pursuant to the
  3 25 federal Bank Service Company Act, 12 U.S.C. }
  3 26 1861–1867, or corporation organized under the federal
  3 27 Edge Act, 12 U.S.C. } 611–633, under the laws of a
  3 28 state or the United States."
  3 29    #4.  Page 32, line 34, by striking the word "the"
  3 30 and inserting the following:  "the".
  3 31    #5.  Page 38, line 17, by striking the word "the"
  3 32 and inserting the following:  "the".
  3 33    #6.  Page 38, by striking line 18, and inserting
  3 34 the following:  ", the Iowa economic".
  3 35    #7.  Page 39, by inserting after line 4, the
  3 36 following:
  3 37    "5.  The sections of this Act striking and
  3 38 replacing sections 262B.1 through 262B.3, Code
  3 39 Supplement 2003, enacting new Code section 262B.4, and
  3 40 striking and replacing section 262B.5, Code Supplement
  3 41 2003, take effect June 30, 2010."
  3 42    #8.  By numbering and renumbering as necessary.  
  3 43 
  3 44 
  3 45 ______________________________
  3 46 COMMITTEE ON JUDICIARY
  3 47 DONALD B. REDFERN, Chairperson
  3 48 SF 2102.201 80
  3 49 lh/sh
     

Text: S05004                            Text: S05006
Text: S05000 - S05099                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index

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