By February 1 of each year, the treasurer of state shall report on the linked investments for tomorrow program, the rural small business transfer linked investment loan program, the targeted small business linked investments program, and the main street linked investments loan program for the preceding calendar year to the governor, the speaker of the house of representatives, and the president of the senate. The speaker of the house shall transmit copies of this report to the chairs of the standing committees in the house which customarily consider legislation regarding agriculture and commerce, and the president of the senate shall transmit copies of this report to the chairs of the standing committees in the senate which customarily consider legislation regarding agriculture and commerce. The report shall set forth the linked investments made by the treasurer of state under the program during the year, the total amount deposited, the number of deposits, and an estimate of foregone interest, and shall include information regarding the nature, terms, and amounts of the loans upon which the linked investments were based and the eligible borrowers to which the loans were made.
86 Acts, ch 1096, § 8; 89 Acts, ch 234, § 8; 94 Acts, ch 1188, §31
Iowa General Assembly
Search: Iowa Code 1995
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