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House Journal: Page 1471: Monday, April 28, 2003

27 collectible in the same manner. Interest accrued and
28 collected under this paragraph and interest earned and
29 credited to the fund under paragraph "b" shall be used
30 by the department only for the purposes set forth in
31 paragraph "c".
32 Sec. 11. Section 96.7, subsection 12, paragraph d,
33 Code 2003, is amended to read as follows:
34 d. This subsection is repealed July 1, 2003 2006,
35 and the repeal is applicable to contribution rates for
36 calendar year 2004 2007 and subsequent calendar years.
37 Sec. 12. EFFECTIVE DATE. This division of this
38 Act, concerning the unemployment compensation
39 surcharge, being deemed of immediate importance, takes
40 effect upon enactment.
41 DIVISION V
42 ECONOMIC DEVELOPMENT
43 Sec. 13. NEW SECTION. 15E.18 CITIES, COUNTIES,
44 AND REGIONS - SITE PREPARATION FOR TARGETED ECONOMIC
45 DEVELOPMENT.
46 1. For purposes of this section, "region" means a
47 group of two or more contiguous counties that
48 establishes a single, focused economic development
49 effort.
50 2. A city, county, or region, subject to the

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1 approval of the property owner, may designate an area
2 within the boundaries of the city, county, or region
3 for a specific type of targeted economic development.
4 The specific type of targeted economic development
5 shall be one of the following:
6 a. Manufacturing.
7 b. Light industrial.
8 c. Warehouse and distribution.
9 d. Office parks.
10 e. Business and commerce parks.
11 f. Research and development.
12 3. A city, county, or region that designates an
13 area for a specific type of targeted economic
14 development may apply to the department for purposes
15 of certifying the area as a preapproved development
16 site. The department shall develop criteria for the
17 certification process.
18 4. Prior to a specific project being developed, a
19 city, county, or region designating the area for
20 targeted economic development pursuant to this section
21 may apply for and obtain appropriate licenses,
22 permits, and approvals for the type of targeted
23 economic development project desired for the area.
24 Sec. 14. NEW SECTION. 15E.19 REGULATORY
25 ASSISTANCE.


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