H-1198

   Amend House File 754 as follows:
   1.  By striking everything after the enacting clause and inserting: 
   <Section 1.  IOWA SMALL BUSINESS RELIEF PROGRAM.
   1.  There is appropriated from the general fund of the state to the economic development authority for the fiscal year beginning July 1, 2020, and ending June 30, 2021, the following amount, or so much thereof as is necessary, to be used for the purposes designated:   For the Iowa small business relief program:
   ...................................................................... $100,000,000

   Eligibility for grants awarded under the program shall be expanded to include the following:
   a.  Sole proprietors that were an established business prior to March 17, 2020, who are owners and that had no employees.
   b.  Businesses that employed up to fifty individuals prior to March 17, 2020.
   2.  Notwithstanding section 8.33, moneys appropriated in this section that remain unencumbered or unobligated at the close of the fiscal year shall not revert but shall remain available for expenditure for the purposes designated until the close of the succeeding fiscal year.
   Sec. 2.  EFFECTIVE DATE.  This Act, being deemed of immediate importance, takes effect upon enactment.>
   2.  Title page, by striking lines 1 and 2 and inserting <An Act making an appropriation to the Iowa small business relief program, and including effective date provisions.>

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HUNTER of Polk