House File 2402 - Introduced



                                       HOUSE FILE       
                                       BY  FALLON


    Passed House,  Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act relating to economic development programs and making
  2    appropriations.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 6335HH 81
  5 tm/je/5

PAG LIN



  1  1    Section 1.  NEW SECTION.  15E.315  REGULATORY EFFICIENCY
  1  2 COMMISSION.
  1  3    1.  A regulatory efficiency commission is established for
  1  4 purposes of identifying unneeded, outdated, or ineffective
  1  5 regulations, fines, and fees that hinder business development
  1  6 or efficient governmental operation relative to business
  1  7 development activities.  The commission shall also develop
  1  8 methods for streamlining business access to regulatory
  1  9 information.  The commission shall maintain an ongoing process
  1 10 for inviting, receiving, and considering suggestions from the
  1 11 public, business owners, employees, and others for regulatory
  1 12 changes.  Commission staffing shall be provided by the
  1 13 department.
  1 14    2.  The commission shall consist of ten voting members
  1 15 appointed by the governor and four ex officio members.
  1 16 Members appointed by the governor are subject to confirmation
  1 17 by the senate and shall serve three=year staggered terms as
  1 18 designated by the governor beginning and ending as provided in
  1 19 section 69.19.  A vacancy in membership shall be filled in the
  1 20 same manner as the original appointment.  The members shall
  1 21 serve without compensation, but shall be reimbursed for actual
  1 22 and necessary expenses incurred in the performance of official
  1 23 duties as a member.  The members of the commission shall
  1 24 select a chairperson and any other officers deemed by the
  1 25 commission to be necessary from their membership.  The
  1 26 commission shall meet at least quarterly but may meet as often
  1 27 as necessary.  Meetings shall be set by a majority of the
  1 28 commission or upon the call of the chairperson.  A majority of
  1 29 the commission members shall constitute a quorum.
  1 30    a.  The ten voting members shall consist of the following:
  1 31    (1)  Two members shall be economic development
  1 32 representatives from two different chambers of commerce.  One
  1 33 shall be from a metropolitan area with more than fifty
  1 34 thousand people and one shall be from a metropolitan area with
  1 35 fifty thousand people or less.
  2  1    (2)  Two members representing agricultural interests, at
  2  2 least one of whom is involved in marketing farm products
  2  3 directly to consumers or businesses.
  2  4    (3)  One member representing the Iowa association of
  2  5 business and industry.
  2  6    (4)  One member representing commercial=based businesses.
  2  7    (5)  One member representing manufacturing=based
  2  8 businesses.
  2  9    (6)  One member representing an environmental organization.
  2 10    (7)  One member representing labor interests.
  2 11    (8)  One member representing consumer advocacy
  2 12 organizations.
  2 13    b.  The four ex officio members shall be members of the
  2 14 general assembly.  Two members shall be from the senate and
  2 15 two members shall be from the house of representatives, with
  2 16 not more than one member from each chamber being from the same
  2 17 political party.  The two senators shall be designated by the
  2 18 president of the senate after consultation with the majority
  2 19 and minority leaders of the senate.  The two representatives
  2 20 shall be designated by the speaker of the house of
  2 21 representatives after consultation with the majority and
  2 22 minority leaders of the house of representatives.  Legislative
  2 23 members shall serve in an ex officio, nonvoting capacity.
  2 24    3.  The commission shall submit a written report annually
  2 25 by December 15 to the governor and the general assembly.  The
  2 26 report shall include the findings and legislative
  2 27 recommendations of the commission.  The report shall be
  2 28 distributed by the secretary of the senate and the chief clerk
  2 29 of the house of representatives to the chairpersons and
  2 30 members of the administrative rules review committee and to
  2 31 the standing committees in the senate and the house of
  2 32 representatives that deal with economic development and
  2 33 economic growth.
  2 34    Sec. 2.  NEW SECTION.  15E.316  REGULATORY OMBUDSMAN
  2 35 OFFICE.
  3  1    The department shall establish a regulatory ombudsman
  3  2 office for purposes of assisting businesses with regulatory
  3  3 issues.  The office shall assist businesses with state program
  3  4 and regulatory applications, direct businesses to proper
  3  5 entities for specialized assistance, and provide businesses
  3  6 with general information regarding programs and regulatory
  3  7 issues.
  3  8    Sec. 3.  Section 303.3B, Code Supplement 2005, is amended
  3  9 by adding the following new subsections:
  3 10    NEW SUBSECTION.  4.  A city may form a cultural and
  3 11 entertainment district administrative committee for purposes
  3 12 of administering and fostering activities in the district.  At
  3 13 least half of the committee membership must include members
  3 14 who are younger than thirty=five years of age at the time of
  3 15 appointment to the committee.
  3 16    NEW SUBSECTION.  5.  The department shall establish and
  3 17 administer a cultural and entertainment district events
  3 18 program for purposes of providing financial assistance for
  3 19 cultural and entertainment events located in cultural and
  3 20 entertainment districts certified pursuant to this section.
  3 21 Financial assistance under the program shall take the form of
  3 22 grants.
  3 23    Sec. 4.  Section 404A.4, subsection 4, Code Supplement
  3 24 2005, is amended to read as follows:
  3 25    4.  The For the fiscal year beginning July 1, 2006, the
  3 26 total amount of tax credits that may be approved for the
  3 27 fiscal year under this chapter shall not exceed twenty million
  3 28 dollars.  For the fiscal year beginning July 1, 2007, and
  3 29 every fiscal year thereafter, the total amount of tax credits
  3 30 that may be approved for a the fiscal year under this chapter
  3 31 shall not exceed two million four hundred thousand dollars.
  3 32 For the fiscal period beginning July 1, 2005, and ending June
  3 33 30, 2015, an additional four million dollars of tax credits
  3 34 may be approved each fiscal year for purposes of projects
  3 35 located in cultural and entertainment districts certified
  4  1 pursuant to section 303.3B.  Any of the additional tax credits
  4  2 allocated for projects located in certified cultural and
  4  3 entertainment districts that are not approved during a fiscal
  4  4 year shall be applied to reserved tax credits issued in
  4  5 accordance with section 404A.3 in order of original
  4  6 reservation.  The department of cultural affairs shall
  4  7 establish by rule the procedures for the application, review,
  4  8 selection, and awarding of certifications of completion.  The
  4  9 departments of economic development, cultural affairs, and
  4 10 revenue shall each adopt rules to jointly administer this
  4 11 subsection and shall provide by rule for the method to be used
  4 12 to determine for which fiscal year the tax credits are
  4 13 available.  With the exception of tax credits issued pursuant
  4 14 to contracts entered into prior to July 1, 2005, tax credits
  4 15 shall not be reserved for more than five years.
  4 16    Sec. 5.  APPROPRIATIONS.
  4 17    1.  MAIN STREET PROGRAM.
  4 18    a.  For the fiscal year beginning July 1, 2006, and ending
  4 19 June 30, 2007, there is appropriated from the general fund of
  4 20 the state to the department of cultural affairs $1,000,000 for
  4 21 purposes of the main street program.
  4 22    b.  The department of economic development shall transfer
  4 23 the administrative duties of the main street program to the
  4 24 department of cultural affairs.  The department of cultural
  4 25 affairs shall adopt rules pursuant to chapter 17A for purposes
  4 26 of administering the program.  The department of cultural
  4 27 affairs shall make the program available to cities of any size
  4 28 in the state.  Any approved project or activity originally
  4 29 approved by the department of economic development under the
  4 30 main street program remains valid.  The transfer of
  4 31 administrative duties to the department of cultural affairs
  4 32 shall not constitute grounds for recision or modification of
  4 33 main street program contracts entered into with the department
  4 34 of economic development.
  4 35    2.  CULTURAL AND ENTERTAINMENT DISTRICT EVENTS PROGRAM.
  5  1 For the fiscal year beginning July 1, 2006, and ending June
  5  2 30, 2007, there is appropriated from the general fund of the
  5  3 state to the department of cultural affairs $1,000,000 for
  5  4 purposes of administering section 303.3B.
  5  5    3.  WORKFORCE TRAINING.  For the fiscal year beginning July
  5  6 1, 2006, and ending June 30, 2007, there is appropriated from
  5  7 the general fund of the state to the department of economic
  5  8 development $14,000,000 for deposit into the workforce
  5  9 training and economic development funds of the community
  5 10 colleges created pursuant to section 260C.18A.
  5 11    4.  LOAN AND CREDIT GUARANTEE.
  5 12    a.  For the fiscal year beginning July 1, 2006, and ending
  5 13 June 30, 2007, there is appropriated from the general fund of
  5 14 the state to the department of economic development
  5 15 $10,000,000 for deposit into the loan and credit guarantee
  5 16 fund created pursuant to section 15E.227.
  5 17    b.  The moneys appropriated under this subsection shall be
  5 18 used by the department under the loan and credit guarantee
  5 19 program for purposes of loan or credit guarantees to small
  5 20 businesses in geographically diverse parts of the state.
  5 21 Within two years of receiving a loan or credit guarantee under
  5 22 the program, a small business must provide and pay at least
  5 23 eighty percent of the cost of a standard medical and dental
  5 24 insurance plan for full=time employees.  A small business
  5 25 receiving a loan or credit guarantee under the program shall
  5 26 agree to pay a median wage for new full=time jobs of at least
  5 27 thirteen dollars and thirty=five cents per hour indexed to
  5 28 2004 dollars based on the gross national product implicit
  5 29 price deflator published by the bureau of economic analysis of
  5 30 the United States department of commerce or one hundred thirty
  5 31 percent of the average wage in the county in which the small
  5 32 business is located, whichever is higher.  For purposes of
  5 33 this paragraph, "small business" means a business with less
  5 34 than fifty employees.
  5 35    5.  SMALL BUSINESS DEVELOPMENT CENTERS.
  6  1    a.  For the fiscal year beginning July 1, 2006, and ending
  6  2 June 30, 2007, there is appropriated from the general fund of
  6  3 the state to Iowa state university of science and technology
  6  4 $2,000,000 for the purposes provided in paragraph "b".
  6  5    b.  The moneys appropriated in this subsection shall be
  6  6 allocated by Iowa state university to small business
  6  7 development centers to develop and administer programs to
  6  8 assist small businesses to plan for the transfer of ownership
  6  9 of the business, including the transfer of all or a part of
  6 10 the ownership of a business to an employee stock ownership
  6 11 plan.
  6 12    6.  REGULATORY OMBUDSMAN OFFICE.  For the fiscal year
  6 13 beginning July 1, 2006, and ending June 30, 2007, there is
  6 14 appropriated from the general fund of the state to the
  6 15 department of economic development $250,000 for purposes of
  6 16 administering section 15E.316, if enacted in this Act.  The
  6 17 department may create three full=time equivalent positions for
  6 18 purposes of administering section 15E.316, if enacted in this
  6 19 Act.
  6 20                           EXPLANATION
  6 21    This bill relates to economic development programs and
  6 22 makes appropriations.
  6 23    The bill establishes a regulatory efficiency commission
  6 24 consisting of 10 voting members and four ex officio members
  6 25 for purposes of identifying unneeded, outdated, or ineffective
  6 26 regulations, fines, and fees that hinder business development
  6 27 or efficient governmental operation relative to business
  6 28 development activities.  The bill requires the commission to
  6 29 develop methods for streamlining business access to regulatory
  6 30 information and maintain an ongoing process for inviting,
  6 31 receiving, and considering suggestions from the public,
  6 32 business owners, employees, and others for regulatory changes.
  6 33 The bill requires the commission to submit a written report
  6 34 annually by December 15 to the governor and the general
  6 35 assembly which includes findings and legislative
  7  1 recommendations of the commission.
  7  2    The bill requires the department of economic development to
  7  3 establish a regulatory ombudsman office for purposes of
  7  4 assisting businesses with regulatory issues.
  7  5    The bill provides that a city may form a cultural and
  7  6 entertainment district administrative committee for purposes
  7  7 of administering and fostering activities in the district.
  7  8 The bill provides that the department of cultural affairs
  7  9 shall establish and administer a cultural and entertainment
  7 10 district events program for purposes of providing financial
  7 11 assistance for cultural and entertainment events located in
  7 12 certified cultural and entertainment districts.
  7 13    The bill provides that, for the fiscal year beginning July
  7 14 1, 2006, the total amount of historic preservation and
  7 15 cultural and entertainment district tax credits that may be
  7 16 approved for the fiscal year shall not exceed $20 million.
  7 17    The bill provides that for FY 2006=2007 there is
  7 18 appropriated from the general fund of the state to the
  7 19 department of cultural affairs $1 million for purposes of the
  7 20 main street program.  The bill requires the department of
  7 21 economic development to transfer the administrative duties of
  7 22 the main street program to the department of cultural affairs.
  7 23 The bill requires the department of cultural affairs to make
  7 24 the program available to cities of any size in the state.
  7 25    The bill provides that for FY 2006=2007 there is
  7 26 appropriated from the general fund of the state to the
  7 27 department of cultural affairs $1 million for purposes of
  7 28 administering the cultural and entertainment district events
  7 29 program.
  7 30    The bill provides that for FY 2006=2007 there is
  7 31 appropriated from the general fund of the state to the
  7 32 department of economic development $14 million for deposit
  7 33 into the workforce training and economic development funds of
  7 34 the community colleges.
  7 35    The bill provides that for FY 2006=2007 there is
  8  1 appropriated from the general fund of the state to the
  8  2 department of economic development $10 million for deposit
  8  3 into the loan and credit guarantee fund.  The bill provides
  8  4 that the moneys appropriated shall be used by the department
  8  5 under the loan and credit guarantee program for purposes of
  8  6 loan or credit guarantees to small businesses in
  8  7 geographically diverse parts of the state.
  8  8    The bill provides that for FY 2006=2007 there is
  8  9 appropriated from the general fund of the state to the Iowa
  8 10 state university of science and technology $2 million for the
  8 11 university to allocate to small business development centers
  8 12 to develop and administer programs to assist small businesses
  8 13 to plan for the transfer of ownership of the business,
  8 14 including the transfer of all or a part of the ownership of a
  8 15 business to an employee stock ownership plan.
  8 16    The bill provides that for FY 2006=2007 there is
  8 17 appropriated from the general fund of the state to the
  8 18 department of economic development $250,000 for purposes of
  8 19 administering the regulatory ombudsman office.
  8 20 LSB 6335HH 81
  8 21 tm:nh/je/5