Senate Amendment 3392


PAG LIN




     1  1    Amend House File 683, as amended, passed, and
     1  2 reprinted by the House, as follows:
     1  3 #1.  By striking everything after the enacting
     1  4 clause and inserting the following:
     1  5                       <DIVISION I
     1  6                 STATE EMPLOYEE SALARIES
     1  7    Section 1.  2003 Iowa Acts, Senate File 458,
     1  8 section 48, unnumbered paragraphs 1 and 2, if enacted,
     1  9 are amended to read as follows:
     1 10    There is appropriated from the general fund of the
     1 11 state to the salary adjustment fund for distribution
     1 12 by the department of management to the various state
     1 13 departments, boards, commissions, councils, and
     1 14 agencies, and to the state board of regents for those
     1 15 persons employed at the state school for the deaf and
     1 16 the Iowa braille and sight saving school, for the
     1 17 fiscal year beginning July 1, 2003, and ending June
     1 18 30, 2004, the amount of $28,000,000 $30,000,000, or so
     1 19 much thereof as may be necessary, to fully fund annual
     1 20 pay adjustments, expense reimbursements, and related
     1 21 benefits implemented pursuant to the following:
     1 22    Of the amount appropriated in this section,
     1 23 $2,668,000 $2,818,000 shall be allocated to the
     1 24 judicial branch for the purpose of funding annual pay
     1 25 adjustments, expense reimbursements, and related
     1 26 benefits implemented for judicial branch employees.
     1 27 In distributing the remainder of the amount
     1 28 appropriated in this section, the department of
     1 29 management, in order to address essential public
     1 30 protection functions and recognizing the availability
     1 31 of funds appropriated in other Acts of the general
     1 32 assembly and other sources, shall give priority, in
     1 33 descending order, to the department of corrections,
     1 34 department of human services, and department of public
     1 35 safety, and then to the remaining state departments,
     1 36 boards, commissions, councils, and agencies to which
     1 37 the appropriation is applicable.
     1 38    Sec. 2.  STATE COURTS == JUSTICES, JUDGES, AND
     1 39 MAGISTRATES.
     1 40    1.  Of the amount allocated for the judicial branch
     1 41 in 2003 Iowa Acts, Senate File 458, section 48, if
     1 42 enacted, $150,000 is allocated to fund the changes in
     1 43 this section to the salaries of justices, judges, and
     1 44 magistrates.
     1 45    2.  The following annual salary rates shall be paid
     1 46 to the persons holding the judicial positions
     1 47 indicated during the fiscal year beginning July 1,
     1 48 2003, effective with the pay period beginning December
     1 49 19, 2003, and for subsequent pay periods:
     1 50    a.  Chief justice of the supreme court:
     2  1 .................................................. $    127,040
     2  2    b.  Each justice of the supreme court:
     2  3 .................................................. $    122,500
     2  4    c.  Chief judge of the court of appeals:
     2  5 .................................................. $    122,380
     2  6    d.  Each associate judge of the court of appeals:
     2  7 .................................................. $    117,850
     2  8    e.  Each chief judge of a judicial district:
     2  9 .................................................. $    116,760
     2 10    f.  Each district judge except the chief judge of a
     2 11 judicial district:
     2 12 .................................................. $    112,010
     2 13    g.  Each district associate judge:
     2 14 .................................................. $     97,610
     2 15    h.  Each associate juvenile judge:
     2 16 .................................................. $     97,610
     2 17    i.  Each associate probate judge:
     2 18 .................................................. $     97,610
     2 19    j.  Each judicial magistrate:
     2 20 .................................................. $     29,100
     2 21    k.  Each senior judge:
     2 22 .................................................. $      6,500
     2 23    3.  Persons receiving the salary rates established
     2 24 under subsection 2 shall not receive any additional
     2 25 salary adjustments provided by 2003 Iowa Acts, Senate
     2 26 File 458, division V.
     2 27                       DIVISION II
     2 28       APPROPRIATIONS AND APPROPRIATIONS REVISIONS
     2 29                   INSURANCE DIVISION
     2 30    Sec. 3.  INSURANCE STUDY.  There is appropriated
     2 31 from the general fund of the state to the department
     2 32 of commerce for the fiscal year beginning July 1,
     2 33 2003, and ending June 30, 2004, the following amount,
     2 34 or so much thereof as is necessary, to be used for the
     2 35 purpose designated:
     2 36    For the insurance division to implement the school
     2 37 health insurance reform team study in accordance with
     2 38 2003 Iowa Acts, Senate File 386:
     2 39 .................................................. $     15,000
     2 40                DEPARTMENT OF MANAGEMENT
     2 41    Sec. 4.  LOCAL GOVERNMENT INNOVATION FUND
     2 42 APPROPRIATION.  There is appropriated from the general
     2 43 fund of the state to the department of management for
     2 44 the fiscal year beginning July 1, 2003, and ending
     2 45 June 30, 2004, the following amount, or so much
     2 46 thereof as is necessary, to be used for the purpose
     2 47 designated:
     2 48    For deposit in the local government innovation fund
     2 49 created in section 8.64:
     2 50 .................................................. $  1,000,000
     3  1    Notwithstanding section 8.64, subsection 4, if
     3  2 enacted by 2003 Iowa Acts, Senate File 453, section
     3  3 27, the local government innovation fund committee may
     3  4 provide up to 20 percent of the amount appropriated in
     3  5 this section in the form of forgivable loans or as
     3  6 grants for those projects that propose a new and
     3  7 innovative sharing initiative that would serve as an
     3  8 important model for cities and counties.
     3  9                DEPARTMENT OF CORRECTIONS
     3 10    Sec. 5.  There is appropriated from the rebuild
     3 11 Iowa infrastructure fund to the department of
     3 12 corrections for the fiscal year beginning July 1,
     3 13 2003, and ending June 30, 2004, the following amounts,
     3 14 or so much thereof as is necessary, to be used for the
     3 15 purposes designated:
     3 16    1.  For expansion of the Luster Heights facility
     3 17 into a community=based corrections facility and an
     3 18 institutional work and substance abuse treatment
     3 19 center:
     3 20 .................................................. $     92,000
     3 21    2.  For conversion of the Clarinda lodge into
     3 22 minimum security bed space:
     3 23 .................................................. $    730,000
     3 24    Sec. 6.  2003 Iowa Acts, Senate File 439, section
     3 25 4, subsection 1, paragraphs b and g, as enacted, are
     3 26 amended to read as follows:
     3 27    b.  For the operation of the Anamosa correctional
     3 28 facility, including salaries, support, maintenance,
     3 29 employment of correctional officers and a part=time
     3 30 chaplain to provide religious counseling to inmates of
     3 31 a minority race, miscellaneous purposes, and for not
     3 32 more than the following full=time equivalent
     3 33 positions:
     3 34 .................................................. $ 24,531,917
     3 35                                                      25,196,085
     3 36 ............................................... FTEs     375.75
     3 37    Moneys are provided within this appropriation for
     3 38 one full=time substance abuse counselor for the Luster
     3 39 Heights facility, for the purpose of certification of
     3 40 a substance abuse program at that facility.  Of the
     3 41 funds appropriated in this paragraph "b", $664,000 is
     3 42 allocated for implementation costs associated with
     3 43 expansion of the Luster Heights facility.
     3 44    g.  For the operation of the Clarinda correctional
     3 45 facility, including salaries, support, maintenance,
     3 46 employment of correctional officers, miscellaneous
     3 47 purposes, and for not more than the following full=
     3 48 time equivalent positions:
     3 49 .................................................. $ 18,595,788
     3 50                                                      19,389,220
     4  1 ............................................... FTEs     291.76
     4  2    Moneys received by the department of corrections as
     4  3 reimbursement for services provided to the Clarinda
     4  4 youth corporation are appropriated to the department
     4  5 and shall be used for the purpose of operating the
     4  6 Clarinda correctional facility.
     4  7    Of the funds appropriated in this paragraph "g",
     4  8 $793,432 is allocated for implementation costs
     4  9 associated with expansion of the conversion of the
     4 10 Clarinda lodge, with $277,500 of the allocation for
     4 11 one=time costs and $515,932 for ongoing costs.
     4 12                     PUBLIC TRANSIT
     4 13    Sec. 7.  2003 Iowa Acts, Senate File 458, section
     4 14 8, if enacted, is amended to read as follows:
     4 15    SEC. 8.  PUBLIC TRANSIT ASSISTANCE APPROPRIATION.
     4 16 Notwithstanding section 312.2, subsection 14, the
     4 17 amount appropriated from the general fund of the state
     4 18 under section 312.2, subsection 14, to the state
     4 19 department of transportation for public transit
     4 20 assistance under chapter 324A for the fiscal year
     4 21 beginning July 1, 2003, and ending June 30, 2004, is
     4 22 reduced by the following amount:
     4 23 .................................................. $  1,298,675
     4 24                                                       2,582,800
     4 25                 OFFICE OF THE GOVERNOR
     4 26    Sec. 8.  2003 Iowa Acts, House File 655, section 5,
     4 27 subsection 1, if enacted, is amended to read as
     4 28 follows:
     4 29    1.  GENERAL OFFICE
     4 30    For salaries, support, maintenance, and
     4 31 miscellaneous purposes for the general office of the
     4 32 governor and the general office of the lieutenant
     4 33 governor, and for not more than the following full=
     4 34 time equivalent positions:
     4 35 .................................................. $  1,243,643
     4 36                                                       1,493,643
     4 37 ............................................... FTEs      17.25
     4 38                                                           19.25
     4 39    Of the amount appropriated in this section,
     4 40 $250,000 is allocated for two full=time equivalent
     4 41 positions in the office of the governor that were
     4 42 previously funded by other state departments and
     4 43 agencies.
     4 44                  DEPARTMENT OF REVENUE
     4 45    Sec. 9.  2003 Iowa Acts, House File 655, section
     4 46 31, if enacted, is amended to read as follows:
     4 47    SEC. 31.  DEPARTMENT OF REVENUE.  There is
     4 48 appropriated from the general fund of the state to the
     4 49 department of revenue for the fiscal year beginning
     4 50 July 1, 2003, and ending June 30, 2004, the following
     5  1 amounts, or so much thereof as is necessary, to be
     5  2 used for the purposes designated, and for not more
     5  3 than the following full=time equivalent positions used
     5  4 for the purposes designated in subsection 1:
     5  5 ............................................... FTEs     378.87
     5  6                                                          380.87
     5  7    Of the full=time equivalent positions authorized in
     5  8 this section, two full=time equivalent positions are
     5  9 allocated for new positions to assist in preparation
     5 10 of information for the revenue estimating conference
     5 11 and in improving the turnaround time for processing
     5 12 corporate tax filings.
     5 13    1.  COMPLIANCE == INTERNAL RESOURCES MANAGEMENT ==
     5 14 STATE FINANCIAL MANAGEMENT == STATEWIDE PROPERTY TAX
     5 15 ADMINISTRATION
     5 16    For salaries, support, maintenance, and
     5 17 miscellaneous purposes:
     5 18 .................................................. $ 23,259,111
     5 19                                                      23,359,111
     5 20    Of the funds appropriated pursuant to this
     5 21 subsection, $400,000 shall be used to pay the direct
     5 22 costs of compliance related to the collection and
     5 23 distribution of local sales and services taxes imposed
     5 24 pursuant to chapters 422B and 422E.
     5 25    The director of revenue shall prepare and issue a
     5 26 state appraisal manual and the revisions to the state
     5 27 appraisal manual as provided in section 421.17,
     5 28 subsection 18, without cost to a city or county.
     5 29    2.  COLLECTION COSTS AND FEES
     5 30    For payment of collection costs and fees pursuant
     5 31 to section 422.26:
     5 32 .................................................. $     28,166
     5 33               DEPARTMENT OF PUBLIC HEALTH
     5 34    Sec. 10.  2003 Iowa Acts, House File 667, section
     5 35 2, subsection 8, as enacted, is amended to read as
     5 36 follows:
     5 37    8.  INFECTIOUS DISEASES
     5 38    For reducing the incidence and prevalence of
     5 39 communicable diseases, and for not more than the
     5 40 following full=time equivalent positions:
     5 41 .................................................. $    977,340
     5 42                                                       1,074,888
     5 43 ............................................... FTEs      36.90
     5 44                      DIVISION III
     5 45                MISCELLANEOUS PROVISIONS
     5 46    Sec. 11.  GOVERNMENT OVERSIGHT COMMITTEE == REVIEW
     5 47 OF CONTINUING CARE RETIREMENT COMMUNITIES == ASSISTED
     5 48 LIVING PROGRAM APPLICABILITY.  The government
     5 49 oversight committees shall review the application of
     5 50 chapter 231C, relating to assisted living programs, to
     6  1 continuing care retirement communities, as defined in
     6  2 section 523D.1.  The committees shall submit
     6  3 recommendations for any legislation deemed necessary
     6  4 for consideration during the 2004 regular legislative
     6  5 session.
     6  6    Sec. 12.  Section 15E.193B, subsection 4, Code
     6  7 2003, as amended by 2003 Iowa Acts, Senate File 458,
     6  8 section 100, if enacted, is amended to read as
     6  9 follows:
     6 10    4.  The eligible housing business shall complete
     6 11 its building or rehabilitation within two years from
     6 12 the time the business begins construction on the
     6 13 single=family homes and dwelling units.  The failure
     6 14 to complete construction or rehabilitation within two
     6 15 years shall result in the eligible housing business
     6 16 becoming ineligible and subject to the repayment
     6 17 requirements and penalties enumerated in subsection 7.
     6 18 The department may extend the prescribed two=year
     6 19 completion period for any current or future project
     6 20 which has not been completed if the department
     6 21 determines that completion within the two=year period
     6 22 is impossible or impractical as a result of a
     6 23 substantial loss caused by flood, fire, earthquake,
     6 24 storm, or other catastrophe.  For purposes of this
     6 25 subsection, "substantial loss" means damage or
     6 26 destruction in an amount in excess of thirty percent
     6 27 of the project's expected eligible basis as set forth
     6 28 in the eligible housing business's application.
     6 29    Sec. 13.  Section 215.14, Code 2003, is amended to
     6 30 read as follows:
     6 31    215.14  APPROVAL BY DEPARTMENT.
     6 32    A commercial weighing and measuring device shall
     6 33 not be installed in this state unless approved by the
     6 34 department.  All livestock scales and
     6 35    1.  A pit type scales scale or any other scale
     6 36 installed in a pit, regardless of capacity, that is
     6 37 installed on or after July 1, 1990, shall have a
     6 38 clearance of not less than four feet from the finished
     6 39 floor line of the scale to the bottom of the "I" beam
     6 40 of the scale bridge.  Livestock shall not be weighed
     6 41 on any scale other than a livestock scale or pit type
     6 42 scale.
     6 43    2.  An electronic pitless scale shall be placed on
     6 44 concrete footings with concrete floor.  The concrete
     6 45 floor shall allow for adequate drainage away from the
     6 46 scale as required by the department.  There shall be a
     6 47 clearance of not less than eight inches between the
     6 48 weigh bridge and the concrete floor to facilitate
     6 49 inspection and cleaning.
     6 50    3.  After approval by the department, the
     7  1 specifications for a commercial weighing and measuring
     7  2 device shall be furnished to the purchaser of the
     7  3 device by the manufacturer.  The approval shall be
     7  4 based upon the recommendation of the United States
     7  5 national institute of standards and technology.
     7  6    Sec. 14.  Section 231C.17, subsection 4, if enacted
     7  7 by 2003 Iowa Acts, House File 675, section 24, is
     7  8 amended by striking the subsection and inserting in
     7  9 lieu thereof the following:
     7 10    4.  A continuing care retirement community that is
     7 11 in compliance with chapter 523D shall not be held in
     7 12 violation of this chapter if the continuing care
     7 13 retirement community provides personal care services
     7 14 to its independent living tenants if all of the
     7 15 following conditions are met:
     7 16    a.  The independent living tenants being provided
     7 17 personal care services under this subsection do not
     7 18 require staff supervision during the period when such
     7 19 services are not being provided.
     7 20    b.  The portions of the continuing care retirement
     7 21 community in which tenants reside who do require staff
     7 22 supervision beyond the period in which personal care
     7 23 services are being provided are certified in
     7 24 accordance with this chapter or other applicable
     7 25 chapter.
     7 26    c.  Independent living tenants are provided the
     7 27 option of retaining personal care services from a
     7 28 person other than the continuing care retirement
     7 29 community.
     7 30    For the purposes of this subsection, "continuing
     7 31 care retirement community" means as defined in section
     7 32 523D.1.
     7 33    Sec. 15.  Section 384.84, Code 2003, is amended by
     7 34 adding the following new subsection:
     7 35    NEW SUBSECTION.  9.  Notwithstanding subsection 3,
     7 36 a lien shall not be filed against the land if the
     7 37 premises are located on leased land.  If the premises
     7 38 are located on leased land, a lien may be filed
     7 39 against the premises only.
     7 40    Sec. 16.  Section 422E.3A, subsection 2, paragraph
     7 41 a, if enacted by 2003 Iowa Acts, Senate File 445,
     7 42 section 8, is amended to read as follows:
     7 43    a.  A school district that is located in whole or
     7 44 in part in a county that voted on and approved prior
     7 45 to April 1, 2003, the local sales and services tax for
     7 46 school infrastructure purposes and that has a sales
     7 47 tax capacity per student above the guaranteed school
     7 48 infrastructure amount shall receive for the remainder
     7 49 of the term of the tax an amount equal to its pro rata
     7 50 share of the local sales and services tax receipts as
     8  1 provided in section 422E.3, subsection 5, paragraph
     8  2 "d", unless the school board passes a resolution by
     8  3 October 1, 2003, agreeing to receive a distribution
     8  4 pursuant to paragraph "b", subparagraph (1).
     8  5    Sec. 17.  Section 422E.3A, subsection 2, paragraph
     8  6 b, subparagraph (1), if enacted by 2003 Iowa Acts,
     8  7 Senate File 445, section 8, is amended to read as
     8  8 follows:
     8  9    (1)  A school district that is located in whole or
     8 10 in part in a county that voted on and approved prior
     8 11 to April 1, 2003, the local sales and services tax for
     8 12 school infrastructure purposes and that has a sales
     8 13 tax capacity per student below its guaranteed school
     8 14 infrastructure amount shall receive for the remainder
     8 15 of the term of the tax an amount equal to its pro rata
     8 16 share of the local sales and services tax receipts as
     8 17 provided in section 422E.3, subsection 5, paragraph
     8 18 "d", plus an amount equal to its supplemental school
     8 19 infrastructure amount, unless the school district
     8 20 passes a resolution by October 1, 2003, agreeing to
     8 21 receive only an amount equal to its pro rata share as
     8 22 provided in section 422E.3, subsection 5, paragraph
     8 23 "d", in all subsequent years.
     8 24    Sec. 18.  Section 435.26A, subsection 5, as enacted
     8 25 by 2003 Iowa Acts, Senate File 134, section 7, and as
     8 26 amended by 2003 Iowa Acts, Senate File 458, section
     8 27 128, if enacted, is amended to read as follows:
     8 28    5.  An owner of a manufactured home who has
     8 29 surrendered a certificate of title under this section
     8 30 and requires another certificate of title for the
     8 31 manufactured home is required to apply for a
     8 32 certificate of title under section 321.42 chapter 321.
     8 33 If supporting documents for the reissuance of a title
     8 34 are not available or sufficient, the procedure for the
     8 35 reissuance of a title specified in the rules of the
     8 36 department of transportation shall be used.
     8 37    Sec. 19.  Section 508.31A, subsection 2, paragraph
     8 38 a, subparagraph (4), as enacted by 2003 Iowa Acts,
     8 39 House File 647, section 7, is amended to read as
     8 40 follows:
     8 41    (4)  A person other than a natural person for the
     8 42 purpose of providing collateral security for
     8 43 securities issued by such person and registered with
     8 44 the federal securities and exchange commission.
     8 45    Sec. 20.  2003 Iowa Acts, Senate File 401, section
     8 46 5, subsection 1, is amended by striking the subsection
     8 47 and inserting in lieu thereof the following:
     8 48    1.  Notwithstanding any provision of law to the
     8 49 contrary, violations of section 453A.2, subsection 1,
     8 50 pending on April 11, 2003, for which a county health
     9  1 department, a city health department, or a city has
     9  2 not assessed a penalty under section 453A.22,
     9  3 subsection 2, by June 30, 2003, shall be transferred
     9  4 in accordance with section 453A.2, subsection 5A, as
     9  5 enacted by this Act, on July 1, 2003.
     9  6    Sec. 21.  2003 Iowa Acts, Senate File 453, section
     9  7 31, subsection 1, if enacted, is amended to read as
     9  8 follows:
     9  9    1.  In lieu of applying a charge for capital assets
     9 10 to the institutions under the control of the state
     9 11 board of regents as otherwise provided in this
     9 12 division for executive branch agencies, the
     9 13 appropriations made from the general fund of the state
     9 14 to the state board of regents for the general
     9 15 university operating budgets at the state university
     9 16 of Iowa, Iowa state university of science and
     9 17 technology, and university of northern Iowa, in 2003
     9 18 Iowa Acts, House File 662, section 9, subsections 2,
     9 19 3, and 4, are reduced by $17,880,000.  The state board
     9 20 of regents shall apply the reduction as follows: state
     9 21 university of Iowa, 46.7 percent, Iowa state
     9 22 university of science and technology, 36.8 percent,
     9 23 and university of northern Iowa, 16.5 percent.
     9 24    Sec. 22.  2003 Iowa Acts, Senate File 458, section
     9 25 171, subsection 1, if enacted, is amended to read as
     9 26 follows:
     9 27    1.  PURPOSE.  The general assembly finds that the
     9 28 Iowa communications network is a valuable state asset
     9 29 that has served the people of the state well, but
     9 30 which requires significant ongoing financial support
     9 31 from the state in the form of annual appropriations.
     9 32 The operation of a telecommunications network is a
     9 33 function that can be and generally is conducted by
     9 34 private enterprise.  It is in the public interest to
     9 35 sell the Iowa communications network to a qualified
     9 36 private business enterprise that will commit to
     9 37 provide the same secure low=cost high=quality service
     9 38 to state and federal public and private agencies and
     9 39 military installations, as defined in chapter 8D, now
     9 40 provided by the network.  Through such a sale, the
     9 41 state would eliminate the need for ongoing annual
     9 42 appropriations while preserving the key benefits
     9 43 enjoyed by the state under the present state ownership
     9 44 of the network.  The state also expects to obtain
     9 45 sufficient proceeds from such a sale to cover existing
     9 46 obligations and to realize additional proceeds above
     9 47 the level of such obligations.  Given the current
     9 48 depressed state of the telecommunications industry,
     9 49 the state can reasonably be expected to maximize sales
     9 50 proceeds by allowing a purchaser a period of time in
    10  1 which to assemble financing for its purchase.  During
    10  2 the interim between enactment of this division of this
    10  3 Act and completion of a sale, the services of a
    10  4 private=enterprise manager with experience operating
    10  5 telecommunications networks can reasonably be expected
    10  6 to reduce the costs of operating the Iowa
    10  7 communications network, thereby lowering annual
    10  8 appropriations.
    10  9    Sec. 23.  2003 Iowa Acts, Senate File 458, section
    10 10 172, subsection 2, paragraph b, if enacted, is amended
    10 11 to read as follows:
    10 12    b.  Select a manager and enter into a management
    10 13 contract with the manager by October 1, 2004.  The
    10 14 management contract shall provide for the continuation
    10 15 of all services currently being provided to state and
    10 16 federal public and private agencies and military
    10 17 installations pursuant to chapter 8D, at the rates
    10 18 specified therein, for the duration of the contract.
    10 19 The contract shall also specify the manager's
    10 20 authority in relation to the duties of the commission
    10 21 during the period between execution of the management
    10 22 contract and closing of the sale of the network.  The
    10 23 commission shall establish a dispute resolution
    10 24 process regarding rate increases, quality of service
    10 25 issues, and other areas of dispute involving network
    10 26 subscribers.  The commission shall also make
    10 27 recommendations regarding imposition of an ongoing
    10 28 dispute resolution and appeals process commencing with
    10 29 the closing of the sale of the network.
    10 30    Sec. 24.  2003 Iowa Acts, Senate File 458, section
    10 31 173, subsection 1, if enacted, is amended to read as
    10 32 follows:
    10 33    1.  The principal place of business of the
    10 34 purchaser and any parent of the purchaser shall be
    10 35 located operating in the state of Iowa.
    10 36    Sec. 25.  2003 Iowa Acts, section 174, subsection
    10 37 4, if enacted, is amended to read as follows:
    10 38    4.  Agree to continue all services currently being
    10 39 provided to state and federal public and private
    10 40 agencies and military installations, as defined in
    10 41 chapter 8D, for the next ten years, with any annual
    10 42 rate increase not to exceed five percent per year,
    10 43 provided that the purchaser shall not be required to
    10 44 supply at such restricted prices a quantity or quality
    10 45 of service greater than that provided by the network
    10 46 as of execution of the contract for sale of the
    10 47 network.
    10 48    Sec. 26.  EFFECTIVE DATE == RETROACTIVE
    10 49 APPLICABILITY.
    10 50    1.  The section of this division of this Act
    11  1 amending section 231C.17, being deemed of immediate
    11  2 importance, takes effect upon enactment.
    11  3    2.  The section of this division of this Act
    11  4 amending 2003 Iowa Acts, Senate File 401, being deemed
    11  5 of immediate importance, takes effect upon enactment
    11  6 and is retroactively applicable to April 11, 2003.
    11  7                       DIVISION IV
    11  8                  CORRECTIVE PROVISIONS
    11  9    Sec. 27.  Section 8A.505, as enacted by 2003 Iowa
    11 10 Acts, House File 534, section 87, is amended by adding
    11 11 the following new unnumbered paragraph:
    11 12    NEW UNNUMBERED PARAGRAPH.  There is appropriated
    11 13 annually from the increase in indirect cost
    11 14 reimbursements over the amount of indirect cost
    11 15 reimbursements received during the fiscal year
    11 16 beginning July 1, 2002, to the office of grants
    11 17 enterprise management of the department of management
    11 18 the sum of up to one hundred twenty=five thousand
    11 19 dollars.  The director shall transfer the funds
    11 20 appropriated to the department of management as
    11 21 provided in this paragraph and shall make the funds
    11 22 resulting from the increase in reimbursements
    11 23 available during the fiscal year to the department of
    11 24 management on a monthly basis.  If the amount of the
    11 25 increase in indirect cost reimbursements is
    11 26 insufficient to pay the maximum appropriation provided
    11 27 for in this paragraph, the amount appropriated is
    11 28 equal to the amount of such increase.
    11 29    Sec. 28.  Section 12C.4, Code 2003, as amended by
    11 30 2003 Iowa Acts, House File 289, section 2, is amended
    11 31 to read as follows:
    11 32    12C.4  LOCATION OF DEPOSITORIES.
    11 33    Deposits by the treasurer of state shall be in
    11 34 depositories located in this state; by a county
    11 35 officer or county public hospital officer or merged
    11 36 area hospital officer, in depositories located in the
    11 37 county or in an adjoining county within this state; by
    11 38 a memorial hospital treasurer, in a depository located
    11 39 within this state which shall be selected by the
    11 40 memorial hospital treasurer and approved by the
    11 41 memorial hospital commission; by a city treasurer or
    11 42 other city financial officer, in depositories located
    11 43 in the county in which the city is located or in an
    11 44 adjoining county, but if there is no depository in the
    11 45 county in which the city is located or in an adjoining
    11 46 county then in any other depository located in this
    11 47 state which shall be selected as a depository by the
    11 48 city council; by a school treasurer or by a school
    11 49 secretary in a depository within this state which
    11 50 shall be selected by the board of directors or the
    12  1 trustees of the school district; by a township clerk
    12  2 in a depository located within this state which shall
    12  3 be selected by the township clerk and approved by the
    12  4 trustees of the township.  However, deposits may be
    12  5 made in depositories outside of Iowa for the purpose
    12  6 of paying principal and interest on bonded
    12  7 indebtedness of any municipality when the deposit is
    12  8 made not more than ten days before the date the
    12  9 principal or interest becomes due.  Further, the
    12 10 treasurer of state may maintain an account or accounts
    12 11 outside the state of Iowa for the purpose of providing
    12 12 custodial services for the state and state retirement
    12 13 fund accounts.  Deposits made for the purpose of
    12 14 completing an electronic financial transaction
    12 15 pursuant to section 14B.203 8A.222 or 331.427 may be
    12 16 made in any depository located in this state.
    12 17    Sec. 29.  Section 29A.28, subsection 3, as enacted
    12 18 by 2003 Iowa Acts, House File 674, section 3, is
    12 19 amended to read as follows:
    12 20    3.  Upon returning from a leave of absence under
    12 21 this section, an employee shall be entitled to return
    12 22 to the same position and classification held by the
    12 23 employee at the time of entry onto into state active
    12 24 duty, active state service, or federal service or to
    12 25 the position and classification that the employee
    12 26 would have been entitled to if the continuous civil
    12 27 service of the employee had not been interrupted by
    12 28 state active duty, active state service, or federal
    12 29 service.  Under this subsection, "position" includes
    12 30 the geographical location of the position.
    12 31    Sec. 30.  Section 70A.39, subsection 1, paragraph
    12 32 b, as enacted by 2003 Iowa Acts, House File 381,
    12 33 section 1, is amended to read as follows:
    12 34    b.  "Vascularized "Vascular organ" means a heart,
    12 35 lung, liver, pancreas, kidney, intestine, or other
    12 36 organ that requires the continuous circulation of
    12 37 blood to remain useful for purposes of
    12 38 transplantation.
    12 39    Sec. 31.  Section 99B.7, subsection 1, paragraph 1,
    12 40 subparagraph (1), Code 2003, as amended by 2003 Iowa
    12 41 Acts, Senate File 453, section 104, if enacted, is
    12 42 amended to read as follows:
    12 43    (1)  No other gambling is engaged in at the same
    12 44 location, except that lottery tickets or shares issued
    12 45 by the Iowa lottery division of the department of
    12 46 revenue and finance authority may be sold pursuant to
    12 47 chapter 99G.
    12 48    Sec. 32.  Section 507A.4, subsection 9, paragraph
    12 49 e, as enacted by 2003 Iowa Acts, House File 647,
    12 50 section 4, is amended to read as follows:
    13  1    e.  When not otherwise provided, a foreign or
    13  2 domestic multiple employee employer welfare
    13  3 arrangement doing business in this state shall pay to
    13  4 the commissioner of insurance the fees as required in
    13  5 section 511.24.
    13  6    Sec. 33.  Section 556.11, subsection 5, Code 2003,
    13  7 as amended by 2003 Iowa Acts, Senate File 180, section
    13  8 2, is amended to read as follows:
    13  9    5.  If the holder of property presumed abandoned
    13 10 under this chapter knows the whereabouts of the owner
    13 11 and if the owner's claim has not been barred by the
    13 12 statute of limitations, the holder shall, before
    13 13 filing the annual report, communicate with the owner
    13 14 and take necessary steps to prevent abandonment from
    13 15 being presumed.  The holder shall exercise due
    13 16 diligence to ascertain the whereabouts of the owner. A
    13 17 holder is not required to make a due diligence mailing
    13 18 to owners whose property has an aggregate value of
    13 19 less than fifty dollars.  The treasurer of state may
    13 20 charge a holder that fails to timely exercise due
    13 21 diligence, as required in this subsection, five
    13 22 dollars for each name and address account reported if
    13 23 thirty=five percent of or more of the accounts are
    13 24 claimed within the twenty=four months immediately
    13 25 following the filing of the holder report.
    13 26    Sec. 34.  2003 Iowa Acts, Senate File 438, section
    13 27 3, is repealed.
    13 28    Sec. 35.  2003 Iowa Acts, Senate File 453, section
    13 29 11, if enacted, is amended to read as follows:
    13 30    SEC. 11.  Sections 403.23, 405A.1, 405A.2, 405A.3,
    13 31 405A.4, 405A.5, 405A.6, 405A.7, 405A.8, 405A.9,
    13 32 405A.10, 422.65, 427A.12, and 427B.19B, Code 2003, are
    13 33 repealed.
    13 34    Sec. 36.  2003 Iowa Acts, Senate File 458, section
    13 35 13, if enacted, is amended to read as follows:
    13 36    SEC. 13.  REDUCTION IN CREDITS NOT APPLICABLE.  The
    13 37 provision provisions in section 25B.7 relating to the
    13 38 proration of the property tax credits does and the
    13 39 estimation of the portion of the credit or exemption
    13 40 which will be funded do not apply with respect to the
    13 41 amount of state reimbursement for property tax credits
    13 42 under this division.
    13 43    Sec. 37.  2003 Iowa Acts, Senate File 458, section
    13 44 159, if enacted, is amended to read as follows:
    13 45    SEC. 159.  EFFECTIVE DATES.  The following
    13 46 provisions of this division of this Act, being deemed
    13 47 of immediate importance, take effect upon enactment:
    13 48    1.  The amendments to sections 8.23, 8.31, and 8.57
    13 49 which are first applicable to appropriations made for
    13 50 the fiscal year beginning July 1, 2003.
    14  1    2.  The amendment to section 12E.12.
    14  2    3.  The amendments to sections 15E.42, 15E.43,
    14  3 15E.45, and 15E.51, which apply retroactively to
    14  4 January 1, 2002, for tax years beginning on or after
    14  5 that date.
    14  6    4.  The amendment to section 15E.193B.
    14  7    5.  The amendment to section 435.26A.
    14  8    6.  The amendment to section 453A.2, which shall
    14  9 only take effect if 2003 Iowa Acts, Senate File 401,
    14 10 is enacted by the Eightieth General Assembly, 2003
    14 11 Regular Session.
    14 12    7.  The amendments to sections 453C.1 and 453C.2
    14 13 and the related severability provision.
    14 14    8.  The amendments to sections 518.18 and 518A.35.
    14 15    9.  The section directing the department of
    14 16 corrections to develop a plan for selling certain
    14 17 land.
    14 18    10.  The section relating to the sales and use tax
    14 19 refund.
    14 20    11.  The section relating to the school district
    14 21 reimbursement claim.
    14 22    The sections of this division of this Act amending
    14 23 section 80B.5 and enacting section 80B.5A are
    14 24 applicable to the appointment of the director of the
    14 25 Iowa law enforcement academy for the term beginning
    14 26 May 1, 2004.
    14 27    Section 29C.8, subsection 3, paragraph "f", as
    14 28 enacted in this division of this Act, and the
    14 29 amendment to section 29C.20, subsection 1, as enacted
    14 30 in this division of this Act, take effect July 1,
    14 31 2004.
    14 32    Sec. 38.  2003 Iowa Acts, House File 171, section
    14 33 112, the bill section amending clause, is amended to
    14 34 read as follows:
    14 35    Section 656.2, subsection 2, paragraph a,
    14 36 unnumbered paragraph 11 3, Code 2003, is amended to
    14 37 read as follows:
    14 38    Sec. 39.  2003 Iowa Acts, House File 662, section
    14 39 5, subsection 8, paragraphs a and b, if enacted, are
    14 40 amended to read as follows:
    14 41    a.  Of the amount appropriated in this section
    14 42 subsection, $347,371 shall be allocated to the public
    14 43 broadcasting division for purposes of providing
    14 44 support for functions related to the Iowa
    14 45 communications network, including but not limited to
    14 46 the following functions:  development of distance
    14 47 learning applications; development of a central
    14 48 information source on the internet relating to
    14 49 educational uses of the network; second=line technical
    14 50 support for network sites; testing and initializing
    15  1 sites onto the network; and coordinating the work of
    15  2 the education telecommunications council.
    15  3    b.  Of the amount appropriated in this section
    15  4 subsection, $1,272,285 shall be allocated to the
    15  5 regional telecommunications councils established in
    15  6 section 8D.5.  The regional telecommunications
    15  7 councils shall use the funds to provide technical
    15  8 assistance for network classrooms, planning and
    15  9 troubleshooting for local area networks, scheduling of
    15 10 video sites, and other related support activities.
    15 11    Sec. 40.  2003 Iowa Acts, House File 662, section
    15 12 6, unnumbered paragraph 2, if enacted, is amended to
    15 13 read as follows:
    15 14    The funds allocated in this subsection section
    15 15 shall be distributed as follows:
    15 16    Sec. 41.  2003 Iowa Acts, House File 662, section
    15 17 18, if enacted, is repealed.
    15 18    Sec. 42.  EFFECTIVE AND APPLICABILITY DATES.
    15 19    1.  The section of this division of this Act
    15 20 amending section 29A.28, subsection 3, being deemed of
    15 21 immediate importance, takes effect upon enactment and
    15 22 applies retroactively to January 1, 2003.
    15 23    2.  The section of this division of this Act
    15 24 amending 2003 Iowa Acts, Senate File 458, section 159,
    15 25 being deemed of immediate importance, takes effect
    15 26 upon enactment.
    15 27    3.  2003 Iowa Acts, Senate File 458, section 140,
    15 28 relating to nonreversion of funds appropriated in 1996
    15 29 Iowa Acts, chapter 1218, and 1997 Iowa Acts, chapter
    15 30 215, if enacted, being deemed of immediate importance,
    15 31 takes effect upon enactment of this Act.
    15 32                       DIVISION V
    15 33          ALTERNATIVE FORMS OF LOCAL GOVERNMENT
    15 34    Sec. 43.  Section 331.234, subsections 3 and 4,
    15 35 Code 2003, as amended by 2003 Iowa Acts, Senate File
    15 36 390, section 4, if enacted, are amended to read as
    15 37 follows:
    15 38    3.  The board shall make available to the
    15 39 commission in=kind services such as office space,
    15 40 printing, supplies, and equipment.  The county and
    15 41 shall pay from the segregated account established in
    15 42 subsection 4, the other necessary expenses of the
    15 43 commission including compensation for secretarial,
    15 44 clerical, professional, and consultant services.  The
    15 45 total annual expenses, not including the value of in=
    15 46 kind expenses, to be paid from public funds shall not
    15 47 exceed one hundred thousand dollars or an amount equal
    15 48 to thirty cents times the population of the commission
    15 49 area, according to the most recent certified federal
    15 50 census.  The commission may employ staff as necessary.
    16  1    4.  The Except as otherwise provided in subsection
    16  2 5, the expenses of the commission shall be paid by
    16  3 each city and county participating in the charter
    16  4 process or may be paid from the general fund of the
    16  5 county.  Expenses of the commission may also be paid
    16  6 from any combination of public or private funds
    16  7 available for that purpose.  Each city's share shall
    16  8 be its pro rata share of the expenses based upon the
    16  9 ratio that the population of the city bears to the
    16 10 total population in the county.  The county's share
    16 11 shall be its pro rata share of expenses based upon the
    16 12 ratio that the population of the unincorporated area
    16 13 of the county bears to the total population of the
    16 14 county.  The amount paid by each city and county
    16 15 participating in the charter process shall be
    16 16 deposited in a segregated account maintained by the
    16 17 county.  The commission's annual expenses may exceed
    16 18 the amount in subsection 3 only if the excess is paid
    16 19 from private funds.  If a proposed charter is
    16 20 submitted to the electorate, private funds donated to
    16 21 the commission may be used to promote passage of the
    16 22 proposed charter.
    16 23    Sec. 44.  Section 331.234, Code 2003, is amended by
    16 24 adding the following new subsection:
    16 25    NEW SUBSECTION.  5.  In the case of a city=county
    16 26 consolidation charter commission or a community
    16 27 commonwealth charter commission, the expenses of the
    16 28 commission shall be paid by each city and county
    16 29 participating in the charter process pursuant to
    16 30 section 331.233A.  Each participating city's share
    16 31 shall be its pro rata share of the expenses based upon
    16 32 the ratio that the population of the city bears to the
    16 33 total population in the county.  The remainder shall
    16 34 be paid from the general fund of the county.  The
    16 35 amount paid by each city and county participating in
    16 36 the charter process shall be deposited in a segregated
    16 37 account maintained by the county.
    16 38    Sec. 45.  Section 331.235, subsection 3, Code 2003,
    16 39 as amended by 2003 Iowa Acts, Senate File 390, section
    16 40 5, if enacted, is amended to read as follows:
    16 41    3.  Within twenty months after organization, the
    16 42 commission shall submit the final report to the board.
    16 43 If the commission is created pursuant to section
    16 44 331.264, subsection 4, the commission shall submit the
    16 45 final report to the board within five months after
    16 46 submission of the preliminary report to the board
    16 47 pursuant to section 331.264, subsection 3.  A
    16 48 commission created pursuant to section 331.264,
    16 49 subsection 4, may adopt a motion granting itself a
    16 50 sixty=day extension of time for submission of its
    17  1 final report.  If the commission recommends a charter
    17  2 including a form of government other than the existing
    17  3 form of government, the final report shall include the
    17  4 full text and an explanation of the proposed charter,
    17  5 a statement of whether the elected officers shall be
    17  6 elected on a partisan or nonpartisan basis, an
    17  7 analysis of the fiscal impact of the proposed charter,
    17  8 any comments deemed desirable by the commission, and
    17  9 any minority reports.  The final report may recommend
    17 10 no change to the existing form of government and that
    17 11 no charter be submitted to the electorate, in which
    17 12 case, the report shall state the reasons for and
    17 13 against a change in the existing form of government.
    17 14 The final report shall be made available to the
    17 15 residents of the county upon request.  A summary of
    17 16 the final report shall be published in the official
    17 17 newspapers of the county and in a newspaper of general
    17 18 circulation in each participating city.
    17 19    Sec. 46.  Section 331.238, subsection 4, if enacted
    17 20 by 2003 Iowa Acts, Senate File 390, section 9, is
    17 21 amended to read as follows:
    17 22    4.  Subsections 1 and 2 do This section does not
    17 23 apply to the city=county consolidated form of
    17 24 government or the community commonwealth form of
    17 25 government.
    17 26    Sec. 47.  Section 331.247, subsection 4, Code 2003,
    17 27 as amended by 2003 Iowa Acts, Senate File 390, section
    17 28 11, if enacted, is amended to read as follows:
    17 29    4.  If an alternative form of government for a
    17 30 consolidated unit of local government is proposed,
    17 31 approval of the consolidation charter shall be
    17 32 separate from approval of the alternative form of
    17 33 government in those cities proposed to be included in
    17 34 the consolidation.  The question of whether the
    17 35 election of officers of the consolidated unit of local
    17 36 government shall be with regard to political
    17 37 affiliation shall be a separate question on the
    17 38 ballot.  Adoption of the consolidation charter
    17 39 requires the approval of a majority of the votes cast
    17 40 in the entire county.  A city named on the ballot is
    17 41 included in the consolidation if the proposed charter
    17 42 is approved by a majority of the votes cast in the
    17 43 city.  The consolidation charter shall be effective in
    17 44 regard to a city government only if a majority of the
    17 45 voters of the city voting on the question voted for
    17 46 participation in the consolidation charter.
    17 47    Sec. 48.  Section 331.248, subsection 2, paragraph
    17 48 j, if enacted by 2003 Iowa Acts, Senate File 390,
    17 49 section 13, is amended by striking the paragraph and
    17 50 inserting in lieu thereof the following:
    18  1    j.  Provide for the effective date of the adopted
    18  2 charter.
    18  3    Sec. 49.  Section 331.252, Code 2003, as amended by
    18  4 2003 Iowa Acts, Senate File 390, section 18, if
    18  5 enacted, is amended by adding the following new
    18  6 unnumbered paragraph after unnumbered paragraph 2:
    18  7    NEW UNNUMBERED PARAGRAPH.  If the charter described
    18  8 on this ballot is adopted, should officers of the new
    18  9 government be elected with regard to political
    18 10 affiliation?
    18 11    Sec. 50.  Section 331.254, subsection 7, Code 2003,
    18 12 as amended by 2003 Iowa Acts, Senate File 390, section
    18 13 19, if enacted, is amended to read as follows:
    18 14    7.  The merger of the elective offices of each
    18 15 consolidating county with the election of new officers
    18 16 within sixty days after the effective date of the
    18 17 charter which shall specifically provide whether the
    18 18 election of new officers shall be on a partisan or
    18 19 nonpartisan basis, notwithstanding section 331.238,
    18 20 subsection 3.  The elections shall be conducted by the
    18 21 county commissioner of elections of each county.  No
    18 22 primary election shall be held.  Nominations shall be
    18 23 made pursuant to section 43.78 and chapters 44 and 45,
    18 24 as applicable, except that the filing deadline shall
    18 25 be forty days before the election.
    18 26    Sec. 51.  Section 331.261, subsection 11, Code
    18 27 2003, as amended by 2003 Iowa Acts, Senate File 390,
    18 28 section 22, if enacted, is amended by striking the
    18 29 subsection and inserting in lieu thereof the
    18 30 following:
    18 31    11.  The effective date of the adopted charter.
    18 32    Sec. 52.  Section 331.264, subsection 4, if enacted
    18 33 by 2003 Iowa Acts, Senate File 390, section 25, is
    18 34 amended to read as follows:
    18 35    4.  If the committee report recommends a city=
    18 36 county consolidation or community commonwealth, the
    18 37 committee shall continue its existence and be
    18 38 designated, and operate with the powers and duties of,
    18 39 a commission created pursuant to section 331.233A.  If
    18 40 the committee report recommends a multicounty
    18 41 consolidation, the committee shall continue its
    18 42 existence and be designated, and operate with the
    18 43 powers and duties of, a commission created pursuant to
    18 44 section 331.233.  If the committee recommends an
    18 45 alternative form of government, that recommendation
    18 46 shall state whether elections conducted under that
    18 47 form of government shall be partisan or nonpartisan.
    18 48    Sec. 53.  EFFECTIVE AND APPLICABILITY DATES.  This
    18 49 division of this Act, being deemed of immediate
    18 50 importance, takes effect upon enactment and applies to
    19  1 charter commissions in existence on that date.
    19  2                       DIVISION VI
    19  3           ECONOMIC DEVELOPMENT APPROPRIATIONS
    19  4    Sec. 54.  MARKETING APPROPRIATION.
    19  5    1.  There is appropriated from the grow Iowa fund
    19  6 created in section 15G.107, if enacted by 2003 Iowa
    19  7 Acts, House File 692 or another Act, to the department
    19  8 of economic development, for the fiscal period
    19  9 beginning July 1, 2003, and ending June 30, 2010, the
    19 10 following amounts, or so much thereof as is necessary,
    19 11 to be used for the purpose designated:
    19 12    For implementing and administering the marketing
    19 13 strategy approved under section 15G.108, if enacted by
    19 14 2003 Iowa Acts, House File 692 or another Act:
    19 15 FY 2003=2004..................................... $ 7,500,000
    19 16 FY 2004=2005..................................... $ 7,500,000
    19 17 FY 2005=2006..................................... $ 5,000,000
    19 18 FY 2006=2007..................................... $ 5,000,000
    19 19 FY 2007=2008..................................... $ 5,000,000
    19 20 FY 2008=2009..................................... $ 5,000,000
    19 21 FY 2009=2010..................................... $ 2,500,000
    19 22    2.  Notwithstanding section 8.33, moneys that
    19 23 remain unexpended at the end of a fiscal year shall
    19 24 not revert to any fund but shall remain available for
    19 25 expenditure for the designated purposes during the
    19 26 succeeding fiscal year.
    19 27    Sec. 55.  DEPARTMENT OF ECONOMIC DEVELOPMENT
    19 28 APPROPRIATION.
    19 29    1.  There is appropriated from the grow Iowa fund
    19 30 created in section 15G.107, if enacted by 2003 Iowa
    19 31 Acts, House File 692 or another Act, to the department
    19 32 of economic development for the fiscal period
    19 33 beginning July 1, 2003, and ending June 30, 2010, the
    19 34 following amounts, or so much thereof as is necessary,
    19 35 to be used for the purpose designated:
    19 36    For programs administered by the department of
    19 37 economic development:
    19 38 FY 2003=2004...................................... $ 41,575,000
    19 39 FY 2004=2005...................................... $ 31,575,000
    19 40 FY 2005=2006...................................... $ 35,000,000
    19 41 FY 2006=2007...................................... $ 32,500,000
    19 42 FY 2007=2008...................................... $ 30,500,000
    19 43 FY 2008=2009...................................... $ 13,500,000
    19 44 FY 2009=2010...................................... $ 13,500,000
    19 45    2.  Notwithstanding section 8.33, moneys that
    19 46 remain unexpended at the end of a fiscal year shall
    19 47 not revert to any fund but shall remain available for
    19 48 expenditure for the designated purposes during the
    19 49 succeeding fiscal year.
    19 50    3.  Each year that moneys are appropriated under
    20  1 this section, the grow Iowa board shall allocate a
    20  2 percentage of the moneys for each of the following
    20  3 types of activities:
    20  4    a.  Business start=ups.
    20  5    b.  Business expansion.
    20  6    c.  Business modernization.
    20  7    d.  Business attraction.
    20  8    e.  Business retention.
    20  9    f.  Marketing.
    20 10    4.  An applicant for moneys appropriated under this
    20 11 section shall be required by the department to include
    20 12 in the application a statement regarding the intended
    20 13 return on investment.  A recipient of moneys
    20 14 appropriated under this section shall annually submit
    20 15 a statement to the department regarding the progress
    20 16 achieved on the intended return on investment stated
    20 17 in the application.  The department, in cooperation
    20 18 with the department of revenue and finance, shall
    20 19 develop a method of identifying and tracking each new
    20 20 job created through financial assistance from moneys
    20 21 appropriated under this section.
    20 22    5.  The department may use moneys appropriated
    20 23 under this section to procure technical assistance
    20 24 from either the public or private sector, for
    20 25 information technology purposes, and for rail, air, or
    20 26 river port transportation=related purposes.  The use
    20 27 of moneys appropriated for rail, air, or river port
    20 28 transportation=related purposes must be directly
    20 29 related to an economic development project and the
    20 30 moneys must be used to leverage other financial
    20 31 assistance moneys.
    20 32    6.  Of the moneys appropriated under this section,
    20 33 the department may use one=quarter of one percent for
    20 34 administrative purposes.
    20 35    7.  The grow Iowa board is required to approve or
    20 36 deny applications for financial assistance from moneys
    20 37 appropriated under this section.
    20 38    Sec. 56.  UNIVERSITY AND COLLEGE FINANCIAL
    20 39 ASSISTANCE APPROPRIATION.
    20 40    1.  There is appropriated from the grow Iowa fund
    20 41 created in section 15G.107, if enacted by 2003 Iowa
    20 42 Acts, House File 692 or another Act, to the grow Iowa
    20 43 board for the fiscal period beginning July 1, 2003,
    20 44 and ending June 30, 2010, the following amounts, or so
    20 45 much thereof as is necessary, to be used for the
    20 46 purposes designated:
    20 47    For financial assistance for institutions of higher
    20 48 learning under the control of the state board of
    20 49 regents and for accredited private institutions as
    20 50 defined in section 261.9 for multiuse, goods
    21  1 manufacturing processes approved by the food and drug
    21  2 administration of the United States department of
    21  3 health and human services, protein purification
    21  4 facilities for plant, animal, and chemical
    21  5 manufactured proteins; upgrading food and drug
    21  6 administration drug approval laboratories in Iowa City
    21  7 to a larger multiclient, goods manufacturing processes
    21  8 facility; crop and animal livestock facilities for the
    21  9 growing of transgenic crops and livestock; and
    21 10 advanced laboratory space:
    21 11 FY 2003=2004...................................... $  5,325,000
    21 12 FY 2004=2005...................................... $  5,325,000
    21 13 FY 2005=2006...................................... $  5,325,000
    21 14 FY 2006=2007...................................... $  5,325,000
    21 15 FY 2007=2008...................................... $  5,325,000
    21 16 FY 2008=2009...................................... $  5,325,000
    21 17 FY 2009=2010...................................... $  5,325,000
    21 18    2.  Notwithstanding section 8.33, moneys that
    21 19 remain unexpended at the end of a fiscal year shall
    21 20 not revert to any fund but shall remain available for
    21 21 expenditure for the designated purposes during the
    21 22 succeeding fiscal year.
    21 23    3.  In the distribution of moneys appropriated
    21 24 pursuant to this section, the grow Iowa board shall
    21 25 examine the potential for using moneys appropriated
    21 26 pursuant to this section to leverage other moneys for
    21 27 financial assistance to accredited private
    21 28 institutions.
    21 29    4.  In awarding moneys appropriated pursuant to
    21 30 this section, the grow Iowa board shall consider
    21 31 whether the purchase of suitable existing
    21 32 infrastructure is more cost=efficient than building
    21 33 new infrastructure.
    21 34    5.  An institution of higher learning under the
    21 35 control of the state board of regents may apply to use
    21 36 financial assistance moneys under this section for
    21 37 purposes of a public and private joint venture to
    21 38 acquire infrastructure assets or research facilities
    21 39 or to leverage moneys in a manner consistent with
    21 40 meeting the goals and performance measures provided in
    21 41 section 15G.106, if enacted by 2003 Iowa Acts, House
    21 42 File 692 or another Act.
    21 43    Sec. 57.  REHABILITATION PROJECT TAX CREDITS
    21 44 APPROPRIATION.
    21 45    1.  There is appropriated from the grow Iowa fund
    21 46 created in section 15G.107, if enacted by 2003 Iowa
    21 47 Acts, House File 692 or another Act, to the general
    21 48 fund of the state, for the fiscal period beginning
    21 49 July 1, 2003, and ending June 30, 2010, the following
    21 50 amounts, or so much thereof as is necessary, to be
    22  1 used for the purpose designated:
    22  2    For payment of tax credits approved pursuant to
    22  3 section 404A.4 for projects located in certified
    22  4 cultural and entertainment districts:
    22  5 FY 2003=2004...................................... $    700,000
    22  6 FY 2004=2005...................................... $    700,000
    22  7 FY 2005=2006...................................... $    700,000
    22  8 FY 2006=2007...................................... $    700,000
    22  9 FY 2007=2008...................................... $    700,000
    22 10 FY 2008=2009...................................... $    700,000
    22 11 FY 2009=2010...................................... $    700,000
    22 12    2.  Notwithstanding section 8.33, moneys that
    22 13 remain unexpended at the end of a fiscal year shall
    22 14 not revert to any fund but shall remain available for
    22 15 expenditure for the designated purposes during the
    22 16 succeeding fiscal year.
    22 17    Sec. 58.  LOAN AND CREDIT GUARANTEE FUND
    22 18 APPROPRIATION.
    22 19    1.  There is appropriated from the grow Iowa fund
    22 20 created in section 15G.107, if enacted by 2003 Iowa
    22 21 Acts, House File 692 or another Act, to the department
    22 22 of economic development for the fiscal period
    22 23 beginning July 1, 2003, and ending June 30, 2010, the
    22 24 following amounts, or so much thereof as is necessary,
    22 25 to be used for the purpose designated:
    22 26    For deposit in the loan and credit guarantee fund
    22 27 created in section 15E.227:
    22 28 FY 2003=2004...................................... $  2,500,000
    22 29 FY 2004=2005...................................... $  7,500,000
    22 30 FY 2005=2006...................................... $  8,575,000
    22 31 FY 2006=2007...................................... $ 11,075,000
    22 32 FY 2007=2008...................................... $ 13,075,000
    22 33 FY 2008=2009...................................... $ 35,075,000
    22 34 FY 2009=2010...................................... $ 37,575,000
    22 35    2.  Notwithstanding section 8.33, moneys that
    22 36 remain unexpended at the end of a fiscal year shall
    22 37 not revert to any fund but shall remain available for
    22 38 expenditure for the designated purpose during the
    22 39 succeeding fiscal year.
    22 40    Sec. 59.  ENDOW IOWA TAX CREDITS.
    22 41    1.  There is appropriated from the grow Iowa fund
    22 42 created in section 15G.107, if enacted by 2003 Iowa
    22 43 Acts, House File 692 or another Act, to the general
    22 44 fund of the state, for the fiscal period beginning
    22 45 July 1, 2003, and ending June 30, 2010, the following
    22 46 amounts, or so much thereof as is necessary, to be
    22 47 used for the purpose designated:
    22 48    For payment of endow Iowa tax credits authorized
    22 49 pursuant to section 15E.305:
    22 50 FY 2003=2004...................................... $    200,000
    23  1 FY 2004=2005...................................... $    200,000
    23  2 FY 2005=2006...................................... $    200,000
    23  3 FY 2006=2007...................................... $    200,000
    23  4 FY 2007=2008...................................... $    200,000
    23  5 FY 2008=2009...................................... $    200,000
    23  6 FY 2009=2010...................................... $    200,000
    23  7    2.  Notwithstanding section 8.33, moneys that
    23  8 remain unexpended at the end of a fiscal year shall
    23  9 not revert to any fund but shall remain available for
    23 10 expenditure for the designated purposes during the
    23 11 succeeding fiscal year.
    23 12    Sec. 60.  ENDOW IOWA GRANTS APPROPRIATION.
    23 13    1.  There is appropriated from the grow Iowa fund
    23 14 created in section 15G.107, if enacted by 2003 Iowa
    23 15 Acts, House File 692 or another Act, to the department
    23 16 of economic development for the fiscal period
    23 17 beginning July 1, 2003, and ending June 30, 2010, the
    23 18 following amounts, or so much thereof as is necessary,
    23 19 to be used for the purpose designated:
    23 20    For endow Iowa grants to lead philanthropic
    23 21 entities pursuant to section 15E.304:
    23 22 FY 2003=2004...................................... $    200,000
    23 23 FY 2004=2005...................................... $    200,000
    23 24 FY 2005=2006...................................... $    200,000
    23 25 FY 2006=2007...................................... $    200,000
    23 26 FY 2007=2008...................................... $    200,000
    23 27 FY 2008=2009...................................... $    200,000
    23 28 FY 2009=2010...................................... $    200,000
    23 29    2.  Notwithstanding section 8.33, moneys that
    23 30 remain unexpended at the end of a fiscal year shall
    23 31 not revert to any fund but shall remain available for
    23 32 expenditure for the designated purposes during the
    23 33 succeeding fiscal year.
    23 34    Sec. 61.  ANTICIPATED FEDERAL MONEYS ==
    23 35 APPROPRIATION.
    23 36    1.  There is appropriated from the fund created by
    23 37 section 8.41, for the fiscal period beginning July 1,
    23 38 2003, and ending June 30, 2005, the following amounts
    23 39 to be used for the purpose designated:
    23 40    For deposit in the grow Iowa fund created in
    23 41 section 15G.107, if enacted by 2003 Iowa Acts, House
    23 42 File 692 or another Act:
    23 43 FY 2003=2004...................................... $ 59,000,000
    23 44 FY 2004=2005...................................... $ 41,000,000
    23 45    2.  Moneys appropriated in this section are moneys
    23 46 anticipated to be received from the federal government
    23 47 for state and local government fiscal relief under the
    23 48 federal Jobs and Growth Tax Relief Reconciliation Act
    23 49 of 2003 and shall be expended as provided in the
    23 50 federal law making the moneys available and in
    24  1 conformance with chapter 17A.
    24  2    3.  Notwithstanding section 8.33, moneys that
    24  3 remain unexpended at the end of a fiscal year shall
    24  4 not revert to any fund but shall remain available for
    24  5 expenditure for the designated purposes during the
    24  6 succeeding fiscal year.
    24  7    Sec. 62.  STREAMLINED SALES AND USE TAX REVENUE ==
    24  8 APPROPRIATION.
    24  9    1.  There is appropriated from the general fund
    24 10 from moneys credited to the general fund as a result
    24 11 of entering into the streamlined sales and use tax
    24 12 agreement, for the fiscal period beginning July 1,
    24 13 2005, and ending June 30, 2010, the following amounts
    24 14 to be used for the purpose designated:
    24 15    For deposit in the grow Iowa fund created in
    24 16 section 15G.107, if enacted by 2003 Iowa Acts, House
    24 17 File 692 or another Act:
    24 18 FY 2005=2006...................................... $ 70,000,000
    24 19 FY 2006=2007...................................... $ 70,000,000
    24 20 FY 2007=2008...................................... $ 70,000,000
    24 21 FY 2008=2009...................................... $ 70,000,000
    24 22 FY 2009=2010...................................... $ 70,000,000
    24 23    2.  Notwithstanding section 8.33, moneys that
    24 24 remain unexpended at the end of a fiscal year shall
    24 25 not revert to any fund but shall remain available for
    24 26 expenditure for the designated purposes during the
    24 27 succeeding fiscal year.
    24 28                      DIVISION VII
    24 29                WORKFORCE=RELATED ISSUES
    24 30    Sec. 63.  NEW SECTION.  260C.18A  WORKFORCE
    24 31 TRAINING AND ECONOMIC DEVELOPMENT FUNDS.
    24 32    1.  a.  A workforce training and economic
    24 33 development fund is created for each community
    24 34 college.  Moneys shall be deposited and expended from
    24 35 a fund as provided under this section.
    24 36    b.  Moneys in the funds shall consist of any moneys
    24 37 appropriated by the general assembly and any other
    24 38 moneys available to and obtained or accepted by the
    24 39 department of economic development from federal
    24 40 sources or private sources for placement in the funds.
    24 41 Notwithstanding section 8.33, moneys in the funds at
    24 42 the end of each fiscal year shall not revert to any
    24 43 other fund but shall remain in the funds for
    24 44 expenditure in subsequent fiscal years.
    24 45    2.  On July 1 of each year for the fiscal year
    24 46 beginning July 1, 2003, and for every fiscal year
    24 47 thereafter, moneys from the grow Iowa fund created in
    24 48 section 15G.107, if enacted by 2003 Iowa Acts, House
    24 49 File 692 or another Act, are appropriated to the
    24 50 department of economic development for deposit in the
    25  1 workforce training and economic development funds in
    25  2 amounts determined pursuant to subsection 3.  Moneys
    25  3 deposited in the funds and disbursed to community
    25  4 colleges for a fiscal year shall be expended for the
    25  5 following purposes:
    25  6    a.  Projects in which an agreement between a
    25  7 community college and an employer located within the
    25  8 community college's merged area meet all of the
    25  9 requirements of the accelerated career education
    25 10 program under chapter 260G.  However, moneys used by
    25 11 the community colleges from the workforce training and
    25 12 economic development fund for these projects shall be
    25 13 in lieu of the program job credits provided under
    25 14 chapter 260G.  Projects using moneys from the
    25 15 workforce training and economic development fund under
    25 16 this paragraph shall be in accordance with rules
    25 17 adopted by the department of economic development
    25 18 under chapter 260G.
    25 19    b.  Projects in which an agreement between a
    25 20 community college and a business meet all the
    25 21 requirements of the Iowa jobs training Act under
    25 22 chapter 260F.  However, when moneys are provided
    25 23 through the grow Iowa fund for such projects, section
    25 24 260F.6, subsections 1 and 2, and section 260F.8 shall
    25 25 not apply.  Projects using moneys from the workforce
    25 26 training and economic development fund under this
    25 27 paragraph shall be in accordance with rules adopted by
    25 28 the department of economic development under chapter
    25 29 260F.
    25 30    c.  For the development and implementation of
    25 31 career academies designed to provide new career
    25 32 preparation opportunities for high school students
    25 33 that are formally linked with postsecondary career and
    25 34 technical education programs.  Moneys from workforce
    25 35 training and economic development funds that are
    25 36 expended for purposes of this paragraph shall be in
    25 37 accordance with the plan submitted to the department
    25 38 of economic development and the grow Iowa board under
    25 39 subsection 5.  For purposes of this section, "career
    25 40 academy" means a program of study that combines a
    25 41 minimum of two years of secondary education with an
    25 42 associate degree, or the equivalent, career
    25 43 preparatory program in a nonduplicative, sequential
    25 44 course of study that is standards based, integrates
    25 45 academic and technical instruction, utilizes work=
    25 46 based and worksite learning where appropriate and
    25 47 available, utilizes an individual career planning
    25 48 process with parent involvement, and leads to an
    25 49 associate degree or postsecondary diploma or
    25 50 certificate in a career field that prepares an
    26  1 individual for entry and advancement in a high=skill
    26  2 and reward career field and further education.  The
    26  3 state board of education, in conjunction with the
    26  4 division of community colleges and workforce
    26  5 preparation of the department of education, and in
    26  6 consultation with the department of economic
    26  7 development, shall adopt administrative rules for the
    26  8 development and implementation of such career
    26  9 academies pursuant to section 256.11, subsection 5,
    26 10 paragraph "h", section 260C.1, and Title II of Pub. L.
    26 11 No. 105=332, Carl D. Perkins Vocational and Technical
    26 12 Education Act of 1998.
    26 13    d.  Programs and courses that provide vocational
    26 14 and technical training, and programs for in=service
    26 15 training and retraining under section 260C.1,
    26 16 subsections 2 and 3.
    26 17    3.  Moneys from the workforce training and economic
    26 18 development fund that are expended for purposes of
    26 19 this subsection shall be in accordance with the plan
    26 20 submitted to the department of economic development
    26 21 and the grow Iowa board under subsection 5.  The
    26 22 maximum cumulative total amount of moneys that may be
    26 23 deposited in all the workforce training and economic
    26 24 development funds for distribution to community
    26 25 colleges in a fiscal year shall be determined as
    26 26 follows:
    26 27    a.  Six million dollars for the fiscal year
    26 28 beginning July 1, 2003.
    26 29    b.  Eleven million dollars for the fiscal year
    26 30 beginning July 1, 2004.
    26 31    c.  Twenty million dollars for the fiscal year
    26 32 beginning July 1, 2005.
    26 33    d.  Twenty million dollars for the fiscal year
    26 34 beginning July 1, 2006.
    26 35    e.  Twenty million dollars for the fiscal year
    26 36 beginning July 1, 2007.
    26 37    f.  Fifteen million dollars for the fiscal year
    26 38 beginning July 1, 2008.
    26 39    g.  Fifteen million dollars for the fiscal year
    26 40 beginning July 1, 2009.
    26 41    4.  The department of economic development shall
    26 42 allocate the moneys appropriated pursuant to this
    26 43 section to the community college workforce training
    26 44 and economic development funds utilizing the same
    26 45 distribution formula used for the allocation of state
    26 46 general aid to the community colleges.
    26 47    5.  Each community college shall do all of the
    26 48 following:
    26 49    a.  Adopt a two=year workforce training and
    26 50 economic development fund plan outlining the community
    27  1 college's proposed use of moneys appropriated under
    27  2 subsection 2.
    27  3    b.  Update the two=year plan annually.
    27  4    c.  Prepare an annual progress report on the two=
    27  5 year plan's implementation.
    27  6    d.  Annually submit the two=year plan and progress
    27  7 report to the department of economic development in a
    27  8 manner prescribed by rules adopted by the department
    27  9 pursuant to chapter 17A and annually file a copy of
    27 10 the plan and progress report with the grow Iowa board.
    27 11    6.  Any individual project using over one million
    27 12 dollars of moneys from a workforce training and
    27 13 economic development fund shall require prior approval
    27 14 from the grow Iowa board.
    27 15    Sec. 64.  NEW SECTION.  260F.9  JOB RETENTION
    27 16 PROGRAM AND FUND.
    27 17    1.  A job retention fund is created in the state
    27 18 treasury under the control of the department of
    27 19 economic development to encourage the retention of
    27 20 existing jobs and income that would otherwise be lost
    27 21 and encourage large businesses to remain in the state.
    27 22 Moneys shall be deposited and expended from the fund
    27 23 as provided in this section.
    27 24    2.  There is appropriated from the grow Iowa fund
    27 25 created in section 15G.107, if enacted by 2003 Iowa
    27 26 Acts, House File 692 or another Act, to the department
    27 27 of economic development for the fiscal period
    27 28 beginning July 1, 2003, and ending June 30, 2006, the
    27 29 following amounts to be used for funding of job
    27 30 retention programs and agreements authorized by the
    27 31 department and participating community colleges as
    27 32 provided in this section:
    27 33    a.  One million dollars for the fiscal year
    27 34 beginning July 1, 2003.
    27 35    b.  One million dollars for the fiscal year
    27 36 beginning July 1, 2004.
    27 37    c.  One million dollars for the fiscal year
    27 38 beginning July 1, 2005.
    27 39    3.  Notwithstanding section 8.33, moneys that
    27 40 remain unexpended at the end of a fiscal year shall
    27 41 not revert to any fund but shall remain available for
    27 42 expenditure for the designated purposes during the
    27 43 succeeding fiscal year.
    27 44    4.  The department of economic development shall
    27 45 administer the allocation of moneys in the job
    27 46 retention fund and shall administer the job retention
    27 47 program.  The department shall adopt rules pursuant to
    27 48 chapter 17A necessary for the administration of this
    27 49 section.  By January 15 of each year, the department
    27 50 shall submit a written report to the general assembly
    28  1 and the governor regarding the activities of the job
    28  2 retention program during the previous calendar year.
    28  3    5.  A community college and the department may
    28  4 enter into an agreement to establish a job retention
    28  5 project.  A job retention project agreement shall
    28  6 include, but not be limited to, the following:
    28  7    a.  The date of the agreement.
    28  8    b.  The anticipated number of employees to be
    28  9 trained.
    28 10    c.  The estimated cost of training.
    28 11    d.  A statement regarding the number of employees
    28 12 employed by the participating business on the date of
    28 13 the agreement which must equal at least the lesser of
    28 14 one thousand employees or four percent or more of the
    28 15 county's resident labor force based on the most recent
    28 16 annual labor force statistics from the department of
    28 17 workforce development.
    28 18    e.  A commitment that the participating business
    28 19 shall invest at least fifteen million dollars to
    28 20 retool the workplace and upgrade the facilities of the
    28 21 participating business.
    28 22    f.  A commitment that the participating business
    28 23 shall not move the business operation out of this
    28 24 state or close the business operation for at least
    28 25 five years following the date of the agreement.
    28 26    g.  Other criteria established by the department of
    28 27 economic development.
    28 28    6.  A job retention project agreement entered into
    28 29 pursuant to this section must be approved by the board
    28 30 of trustees of the applicable community college, the
    28 31 department of economic development, and the
    28 32 participating business.
    28 33    Sec. 65.  NEW SECTION.  260F.101  REPORTING.
    28 34    A community college entering into an agreement
    28 35 pursuant to this chapter shall submit an annual
    28 36 written report by the end of each calendar year with
    28 37 the grow Iowa board created in section 15G.102, if
    28 38 enacted by 2003 Iowa Acts, House File 692 or another
    28 39 Act.  The report shall provide information regarding
    28 40 how the agreement affects the achievement of the goals
    28 41 and performance measures provided in section 15G.106,
    28 42 if enacted by 2003 Iowa Acts, House File 692 or
    28 43 another Act.
    28 44    Sec. 66.  Section 260G.3, subsection 2, Code 2003,
    28 45 is amended to read as follows:
    28 46    2.  An agreement may include reasonable and
    28 47 necessary provisions to implement the accelerated
    28 48 career education program.  If an agreement that
    28 49 utilizes program job credits is entered into, the
    28 50 community college and the employer shall notify the
    29  1 department of revenue and finance as soon as possible.
    29  2 The community college shall also file a copy of the
    29  3 agreement with the department of economic development
    29  4 as required in section 260G.4B.  The agreement shall
    29  5 provide for program costs, including deferred costs,
    29  6 which may be paid from any of the following sources:
    29  7    a.  Program job credits which the employer receives
    29  8 based on the number of program job positions agreed to
    29  9 by the employer to be available under the agreement.
    29 10    b.  Cash or in=kind contributions by the employer
    29 11 toward the program cost.  At a minimum, the employer
    29 12 contribution shall be twenty percent of the program
    29 13 costs.
    29 14    c.  Tuition, student fees, or special charges fixed
    29 15 by the board of directors to defray program costs.
    29 16    d.  Guarantee by the employer of payments to be
    29 17 received under paragraphs "a" and "b".
    29 18    e.  Moneys from a workforce training and economic
    29 19 development fund created in section 260C.18A, based on
    29 20 the number of program job positions agreed to by the
    29 21 employer to be available under the agreement, the
    29 22 amount of which shall be calculated in the same manner
    29 23 as the program job credits provided for in section
    29 24 260G.4A.
    29 25    Sec. 67.  NEW SECTION.  260G.101  REPORTING.
    29 26    A community college entering into an agreement
    29 27 pursuant to this chapter shall submit an annual
    29 28 written report by the end of each calendar year with
    29 29 the grow Iowa board created in section 15G.102, if
    29 30 enacted by 2003 Iowa Acts, House File 692 or another
    29 31 Act.  The report shall provide information regarding
    29 32 how the agreement affects the achievement of the goals
    29 33 and performance measures provided in section 15G.106,
    29 34 if enacted by 2003 Iowa Acts, House File 692 or
    29 35 another Act.
    29 36                      DIVISION VIII
    29 37             LOAN AND CREDIT GUARANTEE FUND
    29 38    Sec. 68.  NEW SECTION.  15E.227  LOAN AND CREDIT
    29 39 GUARANTEE FUND.
    29 40    1.  A loan and credit guarantee fund is created and
    29 41 established as a separate and distinct fund in the
    29 42 state treasury.  Moneys in the fund shall only be used
    29 43 for purposes provided in this section.  The moneys in
    29 44 the fund are appropriated to the department to be used
    29 45 for all of the following purposes:
    29 46    a.  Payment of claims pursuant to loan and credit
    29 47 guarantee agreements entered into under this division.
    29 48    b.  Payment of administrative costs of the
    29 49 department for actual and necessary administrative
    29 50 expenses incurred by the department in administering
    30  1 the program.
    30  2    c.  Purchase or buyout of superior or prior liens,
    30  3 mortgages, or security interests.
    30  4    2.  Moneys in the loan and credit guarantee fund
    30  5 shall consist of all of the following:
    30  6    a.  Moneys appropriated by the general assembly for
    30  7 that purpose and any other moneys available to and
    30  8 obtained or accepted by the department for placement
    30  9 in the fund.
    30 10    b.  Proceeds from collateral assigned to the
    30 11 department, fees for guarantees, gifts, and moneys
    30 12 from any grant made to the fund by any federal agency.
    30 13    c.  Moneys appropriated from the grow Iowa fund
    30 14 created in section 15G.107, if enacted by 2003 Iowa
    30 15 Acts, House File 692 or another Act.
    30 16    3.  Moneys in the fund are not subject to section
    30 17 8.33.  Notwithstanding section 12C.7, interest or
    30 18 earnings on the moneys in the fund shall be credited
    30 19 to the fund.
    30 20    4.  a.  The department shall only pledge moneys in
    30 21 the loan and credit guarantee fund and not any other
    30 22 moneys of the department.  The department may pledge
    30 23 an amount not to exceed a total of any of the
    30 24 following amounts of moneys in the fund to assure the
    30 25 repayment of loan and credit guarantees or other
    30 26 extensions of credit made to or on behalf of qualified
    30 27 businesses or targeted industry businesses for
    30 28 eligible project costs.
    30 29    (1)  Two million five hundred thousand dollars for
    30 30 the fiscal year beginning July 1, 2003.
    30 31    (2)  Seven million five hundred thousand dollars
    30 32 for the fiscal year beginning July 1, 2004.
    30 33    (3)  Eight million five hundred seventy=five
    30 34 thousand dollars for the fiscal year beginning July 1,
    30 35 2005.
    30 36    (4)  Eleven million seventy=five thousand dollars
    30 37 for the fiscal year beginning July 1, 2006.
    30 38    (5)  Thirteen million seventy=five thousand dollars
    30 39 for the fiscal year beginning July 1, 2007.
    30 40    (6)  Thirty=five million seventy=five thousand
    30 41 dollars for the fiscal year beginning July 1, 2008.
    30 42    (7)  Thirty=seven million five hundred seventy=five
    30 43 thousand dollars for the fiscal year beginning July 1,
    30 44 2009.
    30 45    b.  The department shall not pledge the credit or
    30 46 taxing power of this state or any political
    30 47 subdivision of this state or make debts payable out of
    30 48 any moneys except for those in the loan and credit
    30 49 guarantee fund.
    30 50    Sec. 69.  This division of this Act is repealed
    31  1 July 1, 2008.
    31  2                       DIVISION IX
    31  3          UNIVERSITY=BASED RESEARCH UTILIZATION
    31  4                  PROGRAM APPROPRIATION
    31  5    Sec. 70.  NEW SECTION.  262B.12  APPROPRIATION.
    31  6    On July 1 of each year there is appropriated from
    31  7 the general fund of the state to each university under
    31  8 the control of the state board of regents, an amount
    31  9 equal to the amount determined by the department of
    31 10 economic development pursuant to section 262B.11,
    31 11 subsection 4, paragraph "c", subparagraph (2), if
    31 12 enacted by 2003 Iowa Acts, House File 692 or another
    31 13 Act.
    31 14                       DIVISION X
    31 15                  ENDOW IOWA TAX CREDIT
    31 16    Sec. 71.  NEW SECTION.  15E.305  ENDOW IOWA TAX
    31 17 CREDIT.
    31 18    1.  For tax years beginning on or after January 1,
    31 19 2003, a tax credit shall be allowed against the taxes
    31 20 imposed in chapter 422, divisions II, III, and V, and
    31 21 in chapter 432, and against the moneys and credits tax
    31 22 imposed in section 533.24 equal to twenty percent of a
    31 23 taxpayer's endowment gift to a qualified community
    31 24 foundation.  An individual may claim a tax credit
    31 25 under this section of a partnership, limited liability
    31 26 company, S corporation, estate, or trust electing to
    31 27 have income taxed directly to the individual.  The
    31 28 amount claimed by the individual shall be based upon
    31 29 the pro rata share of the individual's earnings from
    31 30 the partnership, limited liability company, S
    31 31 corporation, estate, or trust.  A tax credit shall be
    31 32 allowed only for an endowment gift made to a qualified
    31 33 community foundation for a permanent endowment fund
    31 34 established to benefit a charitable cause in this
    31 35 state.  Any tax credit in excess of the taxpayer's tax
    31 36 liability for the tax year may be credited to the tax
    31 37 liability for the following five years or until
    31 38 depleted, whichever occurs first.  A tax credit shall
    31 39 not be carried back to a tax year prior to the tax
    31 40 year in which the taxpayer claims the tax credit.
    31 41    2.  The aggregate amount of tax credits authorized
    31 42 pursuant to this section shall not exceed a total of
    31 43 two million dollars.  The maximum amount of tax
    31 44 credits granted to a taxpayer shall not exceed five
    31 45 percent of the aggregate amount of tax credits
    31 46 authorized.
    31 47    3.  A tax credit shall not be transferable to any
    31 48 other taxpayer.
    31 49    4.  A tax credit shall not be authorized pursuant
    31 50 to this section after December 31, 2005.
    32  1    5.  The department shall develop a system for
    32  2 registration and authorization of tax credits under
    32  3 this section and shall control the distribution of all
    32  4 tax credits to taxpayers providing an endowment gift
    32  5 subject to this section.  The department shall adopt
    32  6 administrative rules pursuant to chapter 17A for the
    32  7 qualification and administration of endowment gifts.
    32  8    Sec. 72.  NEW SECTION.  422.11H  ENDOW IOWA TAX
    32  9 CREDIT.
    32 10    The tax imposed under this division, less the
    32 11 credits allowed under sections 422.12 and 422.12B,
    32 12 shall be reduced by an endow Iowa tax credit
    32 13 authorized pursuant to section 15E.305.
    32 14    Sec. 73.  Section 422.33, Code 2003, is amended by
    32 15 adding the following new subsection:
    32 16    NEW SUBSECTION.  14.  The taxes imposed under this
    32 17 division shall be reduced by an endow Iowa tax credit
    32 18 authorized pursuant to section 15E.305.
    32 19    Sec. 74.  Section 422.60, Code 2003, is amended by
    32 20 adding the following new subsection:
    32 21    NEW SUBSECTION.  7.  The taxes imposed under this
    32 22 division shall be reduced by an endow Iowa tax credit
    32 23 authorized pursuant to section 15E.305.
    32 24    Sec. 75.  NEW SECTION.  432.12D  ENDOW IOWA TAX
    32 25 CREDIT.
    32 26    The tax imposed under this chapter shall be reduced
    32 27 by an endow Iowa tax credit authorized pursuant to
    32 28 section 15E.305.
    32 29    Sec. 76.  Section 533.24, Code 2003, is amended by
    32 30 adding the following new unnumbered paragraph:
    32 31    NEW UNNUMBERED PARAGRAPH.  The moneys and credits
    32 32 tax imposed under this section shall be reduced by an
    32 33 endow Iowa tax credit authorized pursuant to section
    32 34 15E.305.
    32 35    Sec. 77.  EFFECTIVE AND RETROACTIVE APPLICABILITY
    32 36 DATES.  This division of this Act, being deemed of
    32 37 immediate importance, takes effect upon enactment and
    32 38 is retroactively applicable to January 1, 2003, for
    32 39 tax years beginning on or after that date.
    32 40                       DIVISION XI
    32 41           REHABILITATION PROJECT TAX CREDITS
    32 42    Sec. 78.  Section 404A.4, subsection 4, Code 2003,
    32 43 is amended to read as follows:
    32 44    4.  The total amount of tax credits that may be
    32 45 approved for a fiscal year under this chapter shall
    32 46 not exceed two million four hundred thousand dollars.
    32 47 For the fiscal years beginning July 1, 2003, and July
    32 48 1, 2004, an additional two million dollars of tax
    32 49 credits may be approved each fiscal year for purposes
    32 50 of projects located in cultural and entertainment
    33  1 districts certified pursuant to section 303.3B, if
    33  2 enacted by 2003 Iowa Acts, House File 692 or another
    33  3 Act.  Any of the additional tax credits allocated for
    33  4 projects located in certified cultural and
    33  5 entertainment districts that are not approved during a
    33  6 fiscal year may be carried over to the succeeding
    33  7 fiscal year.  Tax credit certificates shall be issued
    33  8 on the basis of the earliest awarding of
    33  9 certifications of completion as provided in subsection
    33 10 1.  The departments of economic development and
    33 11 revenue and finance shall each adopt rules to jointly
    33 12 administer this subsection and shall provide by rule
    33 13 for the method to be used to determine for which
    33 14 fiscal year the tax credits are approved.
    33 15                      DIVISION XII
    33 16  STATE ASSISTANCE FOR EDUCATIONAL INFRASTRUCTURE FUND
    33 17    Sec. 79.  Section 8.57, subsection 5, Code 2003, is
    33 18 amended by adding the following new paragraph:
    33 19    NEW PARAGRAPH.  f.  There is appropriated from the
    33 20 rebuild Iowa infrastructure fund to the state
    33 21 assistance for educational infrastructure fund created
    33 22 in 2003 Iowa Acts, House File 692 or another Act, for
    33 23 each fiscal year of the fiscal period beginning July
    33 24 1, 2004, and ending June 30, 2014, the sum of ten
    33 25 million dollars.  The appropriation in this paragraph
    33 26 shall be made after the appropriation to the
    33 27 environment first fund pursuant to section 8.57A,
    33 28 subsection 4.
    33 29    Sec. 80.  NEW SECTION.  292A.3A  APPROPRIATION.
    33 30    There is appropriated from the general fund of the
    33 31 state from the revenue collected as a result of the
    33 32 state entering into the streamlined sales and use tax
    33 33 agreement to the state assistance for educational
    33 34 infrastructure fund created in 2003 Iowa Acts, House
    33 35 File 692 or another Act, the sum of five million
    33 36 dollars for each fiscal year of the fiscal period
    33 37 beginning July 1, 2004, and ending June 30, 2014.  The
    33 38 appropriation in this section shall be made after the
    33 39 appropriation from the same source to the grow Iowa
    33 40 fund created in 2003 Iowa Acts, House File 692 or
    33 41 another Act.
    33 42                      DIVISION XIII
    33 43                         REPEALS
    33 44    Sec. 81.  The divisions of this Act designated
    33 45 economic development appropriations, workforce=related
    33 46 issues, loan and credit guarantee fund, university=
    33 47 based research utilization program appropriation,
    33 48 endow Iowa tax credit, and rehabilitation project tax
    33 49 credits are repealed effective June 30, 2010.
    33 50                      DIVISION XIV
    34  1                     EFFECTIVE DATE
    34  2    Sec. 82.  EFFECTIVE DATE.  Unless otherwise
    34  3 provided in this Act, this Act takes effect July 1,
    34  4 2003.>
    34  5 #2.  Title page, by striking lines 1 through 15 and
    34  6 inserting the following:  <An Act relating to economic
    34  7 development, financial, taxation, and regulatory
    34  8 matters, making and revising appropriations, and
    34  9 including effective, applicability, and retroactive
    34 10 applicability provisions.>
    34 11
    34 12
    34 13                               
    34 14 COMMITTEE ON APPROPRIATIONS
    34 15 JEFF LAMBERTI, CHAIRPERSON
    34 16 HF 683.313 80
    34 17 tm/cf

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