If moneys are appropriated by the general assembly to support program capital costs, the moneys shall be allocated according to rules adopted by the department* pursuant to chapter 17A. In order to receive such moneys a program agreement approved by the community college board of directors must be in place, program capital cost requests shall be approved by the Iowa economic development board created in section 15.103, program capital cost requests shall be approved or denied not later than sixty days following receipt of the request by the department,* and employer contributions toward program capital costs shall be certified and agreed to in the agreement.
99 Acts, ch 179, §9, 12
*"Department of economic development" probably intended; corrective legislation is pending
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