House Amendment 8510
PAG LIN
1 1 Amend House File 2770 as follows:
1 2 #1. By striking page 1, line 1, through page 2,
1 3 line 24.
1 4 #2. Page 3, by inserting after line 1 the
1 5 following:
1 6 <Sec. . NEW SECTION. 15.362 ENDOWED CHAIRS.
1 7 1. The state board of regents may create endowed
1 8 chair positions at each of the regents universities
1 9 using, in part, moneys appropriated to the state board
1 10 of regents for purposes of implementing
1 11 recommendations provided in separate consultant
1 12 reports on bioscience, advanced manufacturing, and
1 13 information technology submitted to the department of
1 14 economic development in the calendar years 2004 and
1 15 2005. Such moneys may only be used to partially fund
1 16 an endowed chair position if significant private
1 17 contributions and contributions from governmental
1 18 entities other than the state and political
1 19 subdivisions of the state are used to fund the
1 20 position. Not more than fifty percent of the cost of
1 21 funding an endowed chair position shall be paid with
1 22 such moneys. The endowed chair positions shall be
1 23 used to attract scholars recruited nationally and
1 24 internationally who can bring with them related start=
1 25 up business ventures or a concept for near=term
1 26 commercialization.
1 27 2. The state board of regents shall not use moneys
1 28 appropriated to the board for purposes of implementing
1 29 recommendations provided in separate consultant
1 30 reports on bioscience, advanced manufacturing, and
1 31 information technology submitted to the department of
1 32 economic development in the calendar years 2004 and
1 33 2005 to pay the salary of a salaried employee, but may
1 34 use the moneys to pay the salary of a contract
1 35 employee provided that the employment contract is for
1 36 not more than five years.>
1 37 #3. Page 3, by inserting after line 19 the
1 38 following:
1 39 <Sec. . NEW SECTION. 262B.21 RESEARCH AND
1 40 DEVELOPMENT PLATFORMS.
1 41 1. For purposes of this section, and sections
1 42 262B.22 and 262B.23, "core platform areas" means the
1 43 areas of advanced manufacturing, biosciences,
1 44 information solutions, and financial services.
1 45 2. The state board of regents shall do all of the
1 46 following:
1 47 a. Recruit employees, build capacity, and invest
1 48 moneys to ensure rapid scientific progress in the core
1 49 platform areas.
1 50 b. Create endowed chair positions and employ
2 1 persons with entrepreneurial expertise.
2 2 c. Invest in technology development infrastructure
2 3 to strengthen and accelerate the scientific and
2 4 commercialization work in the core platform areas.
2 5 d. Provide financial assistance in the form of
2 6 grants for purposes of accelerating the transformation
2 7 of new and ongoing research and development
2 8 initiatives in the core platform areas into commercial
2 9 opportunities.
2 10 e. Actively participate in advisory groups
2 11 dedicated to the areas of bioscience advanced
2 12 manufacturing, and information solutions.
2 13 Sec. . NEW SECTION. 262B.22 TECHNOLOGY AND
2 14 COMMERCIALIZATION RESOURCE ORGANIZATION.
2 15 1. The general assembly finds and declares that
2 16 the public good requires that Iowa successfully
2 17 participate and compete in the emerging world economy.
2 18 A technology and commercialization resource
2 19 organization is established to formulate and implement
2 20 plans and programs for the core platform areas and to
2 21 facilitate their commercial application within the
2 22 state.
2 23 2. The technology and commercialization resource
2 24 organization shall receive recommendations for
2 25 research projects which have commercialization
2 26 potential from institutions of higher learning under
2 27 the control of the state board of regents. In
2 28 cooperation with commercialization experts in the
2 29 private sector, the organization shall analyze
2 30 research project submissions and make recommendations
2 31 regarding which projects should receive funding and
2 32 how much funding such projects should receive. The
2 33 recommendations of the organization shall be forwarded
2 34 to the state board of regents. The state board of
2 35 regents shall review the recommendations and may
2 36 approve, deny, or modify the recommendations. If the
2 37 state board of regents modifies a recommendation, the
2 38 modified recommendation shall be returned to the
2 39 technology and commercialization resource organization
2 40 for consideration and for recommendation. The state
2 41 board of regents may award financial assistance to
2 42 approved research projects.
2 43 3. A technology and commercialization resource
2 44 organization shall be incorporated under chapter 504.
2 45 The organization shall not be regarded as a state
2 46 agency, except for purposes of chapter 17A. A member
2 47 of the board of directors is not considered a state
2 48 employee, except for purposes of chapter 669. A
2 49 natural person employed by the organization is a state
2 50 employee for purposes of the Iowa public employees'
3 1 retirement system, state health and dental plans, and
3 2 other state employee benefit plans and chapter 669.
3 3 Chapters 8, 8A, and 20, and other provisions of law
3 4 that relate to requirements or restrictions dealing
3 5 with state personnel or state funds, do not apply to
3 6 the organization or any employees of the board of
3 7 directors or the organization except to the extent
3 8 provided in this chapter.
3 9 4. The board of directors of the organization
3 10 shall consist of eight voting members as follows:
3 11 a. The president of the state board of regents.
3 12 b. The three members of the economic development
3 13 subcommittee of the state board of regents.
3 14 c. The chief technology officer of the state.
3 15 d. One member selected by a biosciences
3 16 development organization designated by the department
3 17 of economic development pursuant to section 15G.111,
3 18 subsection 2.
3 19 e. The chairperson of the advanced manufacturing
3 20 steering group of the department of economic
3 21 development.
3 22 f. The chairperson of the information solutions
3 23 steering group of the department of economic
3 24 development.
3 25 5. The members of the board of directors shall
3 26 annually elect a president of the board from the board
3 27 membership. A vacancy shall be filled by the
3 28 appointing authority. Members are eligible for actual
3 29 expense reimbursement while fulfilling duties of the
3 30 board.>
3 31 #4. Page 4, line 6, by striking the words and
3 32 figure <Section 2 of this Act> and inserting the
3 33 following: <The section of this act amending section
3 34 15.335A>.
3 35 #5. Page 4, line 9, by striking the words and
3 36 figure <Section 5 of this Act> and inserting the
3 37 following: <The section of this Act enacting section
3 38 422.34A, subsection 8>.
3 39 #6. Title page, lines 1 and 2, by striking the
3 40 words <bioscience funding board and bioscience fund>
3 41 and inserting the following: <technology and
3 42 commercialization resource organization>.
3 43 #7. By renumbering as necessary.
3 44
3 45
3 46
3 47 STRUYK of Pottawattamie
3 48 HF 2770.204 81
3 49 tm/sh/33945
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