Senate File 231 - Introduced SENATE FILE BY WARNSTADT Passed Senate, Date Passed House, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act relating to the utilization of a portion of economic 2 development=related financial assistance provided by state 3 agencies for certain agricultural purposes. 4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 5 TLSB 2775XS 81 6 tm/sh/8 PAG LIN 1 1 Section 1. Section 15A.1, Code 2005, is amended by adding 1 2 the following new subsection: 1 3 NEW SUBSECTION. 6. A state agency shall not provide 1 4 economic development=related financial assistance in the form 1 5 of grants, loans, or other financial assistance unless the 1 6 state agency utilizes ten percent of such economic 1 7 development=related financial assistance to provide financial 1 8 incentives for the production of organic agricultural products 1 9 as defined in section 190C.1 and the production of humanely 1 10 raised livestock and poultry. 1 11 EXPLANATION 1 12 This bill relates to the utilization of a portion of 1 13 economic development=related financial assistance provided by 1 14 state agencies for certain agricultural purposes. 1 15 The bill prohibits a state agency from providing economic 1 16 development=related financial assistance unless the state 1 17 agency utilizes 10 percent of such economic 1 18 development=related financial assistance to provide financial 1 19 incentives for the production of organic agricultural products 1 20 and the production of humanely raised livestock and poultry. 1 21 LSB 2775XS 81 1 22 tm:nh/sh/8