House File 754 H-1198 Amend House File 754 as follows: 1 1. By striking everything after the enacting clause and 2 inserting: 3 < Section 1. IOWA SMALL BUSINESS RELIEF PROGRAM. 4 1. There is appropriated from the general fund of the state 5 to the economic development authority for the fiscal year 6 beginning July 1, 2020, and ending June 30, 2021, the following 7 amount, or so much thereof as is necessary, to be used for the 8 purposes designated: 9 For the Iowa small business relief program: 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100,000,000 11 Eligibility for grants awarded under the program shall be 12 expanded to include the following: 13 a. Sole proprietors that were an established business prior 14 to March 17, 2020, who are owners and that had no employees. 15 b. Businesses that employed up to fifty individuals prior 16 to March 17, 2020. 17 2. Notwithstanding section 8.33, moneys appropriated in 18 this section that remain unencumbered or unobligated at the 19 close of the fiscal year shall not revert but shall remain 20 available for expenditure for the purposes designated until the 21 close of the succeeding fiscal year. 22 Sec. 2. EFFECTIVE DATE. This Act, being deemed of immediate 23 importance, takes effect upon enactment. > 24 2. Title page, by striking lines 1 and 2 and inserting < An 25 Act making an appropriation to the Iowa small business relief 26 program, and including effective date provisions. > 27 ______________________________ HUNTER of Polk -1- HF754.1335 (2) 89 je/rn 1/ 1 #1. #2.