H-1440

   Amend House File 871 as follows:
   1.  Page 14, line 6, by striking <1,766,084> and inserting <2,416,084>
   2.  Page 15, line 10, by striking <2,850,000> and inserting <2,200,000>
   3.  Page 26, after line 6 by inserting: 
<DIVISION ___
WORKFORCE DEVELOPMENT FUND ACCOUNT

   Sec. ___.  Section 15.342A, subsection 3, Code 2021, is amended to read as follows:
   3.  For the fiscal year beginning July 1, 2014, and for each fiscal year thereafter, there is annually appropriated from the workforce development fund account to the job training fund created in section 260F.6 three four million seven hundred fifty thousand dollars for the purposes of chapter 260F.
DIVISION ___
ENERGY INFRASTRUCTURE REVOLVING LOAN PROGRAM

   Sec. ___.  Section 476.10A, subsection 2, Code 2021, is amended to read as follows:
   2.  Notwithstanding section 8.33, any unexpended moneys remitted to the treasurer of state under this section shall be retained for the purposes designated. Notwithstanding section 12C.7, subsection 2, interest or earnings on investments or time deposits of the moneys remitted under this section shall be retained and used for the purposes designated, pursuant to section 476.46.
   Sec. ___.  Section 476.46, subsection 2, paragraph e, subparagraph (3), Code 2021, is amended to read as follows:
   (3)  Interest on the fund shall be deposited in the fund. A portion of the interest on the fund, not to exceed fifty percent of the total interest accrued, shall be used for promotion and administration of the fund.
   Sec. ___.  Section 476.46, Code 2021, is amended by adding the following new subsections:
   NEW SUBSECTION.  3.  The Iowa energy center shall not initiate any new loans under this section after June 30, 2021.
   NEW SUBSECTION.  4.  Loan payments received under this section on or after July 1, 2021, and any other moneys in the fund on or after July 1, 2021, shall be deposited in the energy infrastructure revolving loan fund created in section 476.46A.
   Sec. ___.  NEW SECTION.  476.46A  Energy infrastructure revolving loan program.
   1.  a.  An energy infrastructure revolving loan fund is created in the office of the treasurer of state and shall be administered by the Iowa energy center established in section 15.120.
   b.  The fund may be administered as a revolving fund and may consist of any moneys appropriated by the general assembly for purposes of this section and any other moneys that are lawfully directed to the fund.
   c.  Moneys in the fund shall be used to provide financial assistance for the development and construction of energy infrastructure, including projects that support electric or gas generation transmission, storage, or distribution; electric grid modernization; energy-sector workforce development; emergency preparedness for rural and underserved areas; the expansion of biomass, biogas, and renewable natural gas; innovative technologies; and the development of infrastructure for alternative fuel vehicles.
   d.  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.
   e.  Notwithstanding section 12C.7, subsection 2, interest or earnings on moneys in the fund shall be credited to the fund. A percentage of the total interest credited to the fund, not to exceed fifty percent, shall be used for promotion of the energy infrastructure revolving loan program and for the administration of the fund.
   2.  a.  The Iowa energy center shall establish and administer an energy infrastructure revolving loan program to encourage the development of energy infrastructure within the state. 
   b.  An individual, business, rural electric cooperative, or municipal utility located and operating in this state shall be eligible for financial assistance under the program. With the approval of the Iowa energy center governing board established under section 15.120, subsection 2, the economic development authority shall determine the amount and the terms of all financial assistance awarded to an individual, business, rural electric cooperative, or municipal utility under the program. All agreements and administrative authority sha11 be vested in the Iowa energy center governing board.
   c.  The economic development authority may use not more than five percent of the moneys in the fund at the beginning of each fiscal year for purposes of administrative costs, marketing, technical assistance, and other program support. 
   3.  For the purposes of this section:
   a.  “Energy infrastructure” means land, buildings, physical plant and equipment, and services directly related to the development of projects used for, or useful for, electricity or gas generation, transmission, storage, or distribution.
   b.  “Financial assistance” means the same as defined in section 15.102.
   Sec. ___.  ALTERNATE ENERGY REVOLVING LOAN FUND —— MONEYS TRANSFERRED AND APPROPRIATED.  Any unencumbered or unobligated moneys remaining after June 30, 2021, in the alternate energy revolving loan fund created pursuant to section 476.46, are transferred and appropriated to the energy infrastructure revolving loan fund created pursuant to section 476.46A, to be used for purposes of the energy infrastructure revolving loan program.
DIVISION ___
ELECTRICAL INSPECTIONS —— POLITICAL SUBDIVISIONS

   Sec. ___.  Section 103.29, subsection 5, Code 2021, is amended to read as follows:
   5.  A political subdivision that performs electrical inspections shall act as the authority having jurisdiction for electrical inspections and for amending the national electrical code adopted by the board pursuant to section 103.6 for work performed within the jurisdictional limits of the political subdivision, provided those inspections and amendments conform to the requirements of this chapter. Any action by a political subdivision with respect to amendments to the national electrical code shall be filed with the board prior to enforcement by the political subdivision, and shall not be less stringent than the minimum standards established by the board by rule.>
   4.  By renumbering as necessary.

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THOMPSON of Greene