H-1448

   Amend House File 871 as follows:
   1.  Page 26, after line 6 by inserting: 
<DIVISION ___
IOWA SMALL BUSINESS RELIEF PROGRAM

   Sec. ___.  IOWA SMALL BUSINESS RELIEF PROGRAM.
   1.  There is appropriated from moneys received by the state from the coronavirus state fiscal recovery fund pursuant to the American Rescue Plan Act of 2021, Pub. L. No. 117-2, to the economic development authority for the fiscal year beginning July 1, 2021, and ending June 30, 2022, 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.
   3.  Moneys appropriated in this section shall be expended for the purposes designated no later than December 31, 2024.>
   2.  By renumbering as necessary.

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RUNNING-MARQUARDT of Linn