House
File
871
H-1448
Amend
House
File
871
as
follows:
1
1.
Page
26,
after
line
6
by
inserting:
2
<
DIVISION
___
3
IOWA
SMALL
BUSINESS
RELIEF
PROGRAM
4
Sec.
___.
IOWA
SMALL
BUSINESS
RELIEF
PROGRAM.
5
1.
There
is
appropriated
from
moneys
received
by
the
state
6
from
the
coronavirus
state
fiscal
recovery
fund
pursuant
to
the
7
American
Rescue
Plan
Act
of
2021,
Pub.
L.
No.
117-2,
to
the
8
economic
development
authority
for
the
fiscal
year
beginning
9
July
1,
2021,
and
ending
June
30,
2022,
the
following
amount,
10
or
so
much
thereof
as
is
necessary,
to
be
used
for
the
purposes
11
designated:
12
For
the
Iowa
small
business
relief
program:
13
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.
$100,000,000
14
Eligibility
for
grants
awarded
under
the
program
shall
be
15
expanded
to
include
the
following:
16
a.
Sole
proprietors
that
were
an
established
business
prior
17
to
March
17,
2020,
who
are
owners
and
that
had
no
employees.
18
b.
Businesses
that
employed
up
to
fifty
individuals
prior
19
to
March
17,
2020.
20
2.
Notwithstanding
section
8.33,
moneys
appropriated
in
21
this
section
that
remain
unencumbered
or
unobligated
at
the
22
close
of
the
fiscal
year
shall
not
revert
but
shall
remain
23
available
for
expenditure
for
the
purposes
designated.
24
3.
Moneys
appropriated
in
this
section
shall
be
expended
for
25
the
purposes
designated
no
later
than
December
31,
2024.
>
26
2.
By
renumbering
as
necessary.
27
______________________________
RUNNING-MARQUARDT
of
Linn
-1-
HF
871.2107
(2)
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ko/tm
1/
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#1.
#2.