Text: SF00392                           Text: SF00394
Text: SF00300 - SF00399                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index

Senate File 393

Partial Bill History

Bill Introduced: S.J. 509
Committee Report Issued: S.J. 515 H.J. 1086
Passed House: H.J. 1131
Passed Senate: S.J. 820 S.J. 995
Complete Bill History

Bill Text

PAG LIN
  1  1                                              SENATE FILE 393
  1  2  
  1  3                             AN ACT
  1  4 RELATING TO THE AGRICULTURAL DEVELOPMENT AUTHORITY BY PROVIDING
  1  5    FOR ITS ORGANIZATION AND ADMINISTRATION.  
  1  6 
  1  7 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  1  8 
  1  9    Section 1.  Section 7E.7, subsection 2, Code 2003, is
  1 10 amended to read as follows:
  1 11    2.  The agricultural development authority as established
  1 12 in section 175.3 shall be considered part of the department of
  1 13 agriculture and land stewardship.  The department of
  1 14 agriculture and land stewardship office of treasurer of state.
  1 15 The office may provide staff assistance and administrative
  1 16 support to the authority.
  1 17    Sec. 2.  Section 175.3, subsection 1, Code 2003, is amended
  1 18 to read as follows:
  1 19    1.  a.  The agricultural development authority is
  1 20 established within the department of agriculture and land
  1 21 stewardship office of treasurer of state.  The authority is
  1 22 constituted as a public instrumentality and agency of the
  1 23 state exercising public and essential governmental functions.
  1 24    b.  The authority is established to undertake programs
  1 25 which assist beginning farmers in purchasing agricultural land
  1 26 and agricultural improvements and depreciable agricultural
  1 27 property for the purpose of farming, and programs which
  1 28 provide financing to farmers for permanent soil and water
  1 29 conservation practices on agricultural land within the state
  1 30 or for the acquisition of conservation farm equipment, and
  1 31 programs to assist farmers within the state in financing
  1 32 operating expenses and cash flow requirements of farming.  The
  1 33 authority shall also develop programs to assist qualified
  1 34 agricultural producers within the state with financing other
  1 35 capital requirements or operating expenses.
  2  1    c.  The powers of the authority are vested in and exercised
  2  2 by a board of eleven ten members with nine members appointed
  2  3 by the governor subject to confirmation by the senate.  The
  2  4 treasurer of state or the treasurer's designee and the
  2  5 secretary of agriculture or the secretary's designee are shall
  2  6 serve as an ex officio nonvoting members member.  No more than
  2  7 five appointed members shall belong to the same political
  2  8 party.  As far as possible the governor shall include within
  2  9 the membership persons who represent financial institutions
  2 10 experienced in agricultural lending, the real estate sales
  2 11 industry, farmers, beginning farmers, average taxpayers, local
  2 12 government, soil and water conservation district officials,
  2 13 agricultural educators, and other persons specially interested
  2 14 in family farm development.
  2 15    Sec. 3.  Section 175.7, subsection 1, Code 2003, is amended
  2 16 to read as follows:
  2 17    1.  The executive director of the authority shall be
  2 18 appointed by a selection and tenure committee, which shall
  2 19 consist of the secretary of agriculture and the chairperson
  2 20 and of the board, the vice chairperson of the board,
  2 21 established pursuant to section 175.3 and one member elected
  2 22 by the board, or their designees.  The executive director
  2 23 shall serve at the pleasure of the committee board.  The votes
  2 24 of three members of the committee are necessary for any
  2 25 substantive action taken by the committee, except that two
  2 26 members may take a substantive action, if the secretary has a
  2 27 conflict of interest.  If a member other than the secretary
  2 28 has a conflict of interest, the board shall appoint a
  2 29 substitute member of the committee from the appointed members
  2 30 of the board for the duration of the conflict of interest.
  2 31 The executive director shall be selected primarily for
  2 32 administrative ability and knowledge in the field, without
  2 33 regard to political affiliation.  
  2 34 
  2 35 
  3  1                                                             
  3  2                               MARY E. KRAMER
  3  3                               President of the Senate
  3  4 
  3  5 
  3  6                                                             
  3  7                               CHRISTOPHER C. RANTS
  3  8                               Speaker of the House
  3  9 
  3 10    I hereby certify that this bill originated in the Senate and
  3 11 is known as Senate File 393, Eightieth General Assembly.
  3 12 
  3 13 
  3 14                                                             
  3 15                               MICHAEL E. MARSHALL
  3 16                               Secretary of the Senate
  3 17 Approved                , 2003
  3 18 
  3 19 
  3 20                                
  3 21 THOMAS J. VILSACK
  3 22 Governor

Text: SF00392                           Text: SF00394
Text: SF00300 - SF00399                 Text: SF Index
Bills and Amendments: General Index     Bill History: General Index

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