House Amendment 1548 PAG LIN 1 1 Amend House File 868 as follows: 1 2 #1. Page 1, by striking lines 18 through 34. 1 3 #2. Page 1, line 35, by striking the figure and 1 4 word <2. a.> and inserting the following: <1.> 1 5 #3. Page 2, line 2, by inserting after the word 1 6 <fund,> the following: <the average annual wage, 1 7 excluding benefits, of new jobs created must be equal 1 8 to or greater than one hundred ten percent of the 1 9 average county wage, and>. 1 10 #4. Page 2, by striking lines 7 through 10 and 1 11 inserting the following: 1 12 <2. An applicant may apply to the Iowa economic 1 13 development board for a waiver of the wage 1 14 requirements in subsection 1.> 1 15 #5. Page 4, line 32, by striking the words 1 16 <department of economic development> and inserting the 1 17 following: <Iowa economic development board>. 1 18 #6. Page 13, line 6, by inserting after the word 1 19 and figure <subsection 1,> the following: <if 1 20 enacted,>. 1 21 #7. Page 18, line 25, by inserting after the word 1 22 <chapter> the following: <for projects located inside 1 23 or outside certified cultural and entertainment 1 24 districts>. 1 25 #8. Page 20, by striking lines 20 through 22 and 1 26 inserting the following: <personnel in charge of 1 27 intellectual property management and technology at 1 28 colleges and universities in the state.> 1 29 #9. Page 20, lines 23 and 24, by striking the 1 30 words <at colleges and universities in the state>. 1 31 #10. Page 20, line 27, by inserting after the word 1 32 <businesses> the following: <at colleges and 1 33 universities in the state>. 1 34 #11. Page 29, by inserting after line 26 the 1 35 following: 1 36 <(11) Trucking and warehousing.> 1 37 #12. Page 29, line 27, by striking the word 1 38 <business> and inserting the following: <and service 1 39 businesses>. 1 40 #13. Page 31, line 35, by striking the word <, 1 41 whether> and inserting the following: <and>. 1 42 #14. Page 32, line 23, by striking the words <the 1 43 community and>. 1 44 #15. Page 32, line 24, by inserting after the word 1 45 <agreement.> the following: <If the business receives 1 46 a local property tax exemption, the business shall 1 47 also certify annually to the community the compliance 1 48 of the business with the requirements of the 1 49 agreement.> 1 50 #16. Page 45, line 21, by inserting after the 2 1 words <for a> the following: <project=specific>. 2 2 #17. Page 45, line 23, by inserting after the 2 3 words <grant a> the following: <project=specific>. 2 4 #18. Page 46, by inserting after line 16 the 2 5 following: 2 6 <6. The department shall negotiate the amount of 2 7 tax incentives provided to an applicant under the 2 8 program in accordance with this section.> 2 9 #19. Page 46, by striking lines 25 through 27, and 2 10 inserting the following: <community economic 2 11 betterment program or wage=benefits tax credits under 2 12 chapter 15H.> 2 13 #20. By striking page 48, line 32, through page 2 14 49, line 1. 2 15 #21. Page 51, line 8, by striking the words <and 2 16 made the qualifying investment>. 2 17 #22. Page 51, lines 11 and 12, by striking the 2 18 words <without making additional qualifying 2 19 investments>. 2 20 #23. Page 51, by striking lines 15 through 17. 2 21 #24. Page 51, line 19, by striking the words <and 2 22 made the qualifying investments>. 2 23 #25. Page 51, by striking lines 24 through 26, and 2 24 inserting the following: <by the department may 2 25 appeal the decision to the Iowa economic development 2 26 board within thirty days of notice of disapproval. If 2 27 the board>. 2 28 #26. Page 51, line 32, by striking the words 2 29 <department of economic development> and inserting the 2 30 following: <Iowa economic development board>. 2 31 #27. Page 51, line 35, by striking the words 2 32 <department of economic development> and inserting the 2 33 following: <Iowa economic development board>. 2 34 #28. Page 52, line 3, by striking the word 2 35 <department> and inserting the following: <board>. 2 36 #29. Page 52, by striking lines 19 and 20, and 2 37 inserting the following: <development program or tax 2 38 incentives under the high quality job creation program 2 39 in chapter 15, subchapter II, part 13.> 2 40 #30. Page 53, line 16, by striking the figure 2 41 <17.> and inserting the following: <18.> 2 42 #31. Page 53, line 21, by striking the figure <9.> 2 43 and inserting the following: <10.> 2 44 #32. Page 54, line 15, by striking the figure <6.> 2 45 and inserting the following: <7.> 2 46 #33. Page 54, by inserting after line 19 the 2 47 following: 2 48 <Sec. . CONTRACT VALIDITY == NEW JOBS AND 2 49 INCOME PROGRAM == NEW CAPITAL INVESTMENT PROGRAM. Any 2 50 contract entered into for a project or activity 3 1 approved by the department of economic development 3 2 under the new jobs and income program and the new 3 3 capital investment program remains valid. The 3 4 elimination of the new jobs and income program and the 3 5 new capital investment program under this Act shall 3 6 not constitute grounds for recision or modification of 3 7 contracts entered into with the department under the 3 8 programs.> 3 9 #34. By renumbering as necessary. 3 10 3 11 3 12 3 13 HOFFMAN of Crawford 3 14 HF 868.306 81 3 15 tm/cf/2873 -1-