Senate Study Bill 3223 SENATE FILE BY (PROPOSED COMMITTEE ON ECONOMIC GROWTH BILL BY CO=CHAIRPERSON HATCH) Passed Senate, Date Passed House, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act relating to the time period for enterprise zone 2 certification and providing effective and retroactive 3 applicability dates. 4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 5 TLSB 6546SK 81 6 tm/je/5 PAG LIN 1 1 Section 1. Section 15E.192, subsection 3, paragraph b, 1 2 Code Supplement 2005, is amended to read as follows: 1 3 b. A county or city may apply to the department for an 1 4 area to be certified as an enterprise zone at any time prior 1 5 to March 1,20062007. However, the total amount of land 1 6 designated as enterprise zones under subsections 1 and 2, and 1 7 any other enterprise zones certified by the department, 1 8 excluding those approved pursuant to section 15E.194, 1 9 subsection 4, shall not exceed in the aggregate one percent of 1 10 the total county area. 1 11 Sec. 2. EFFECTIVE AND RETROACTIVE APPLICABILITY DATES. 1 12 This Act, being deemed of immediate importance, takes effect 1 13 upon enactment and is retroactively applicable to February 28, 1 14 2006, and is applicable on and after that date. 1 15 EXPLANATION 1 16 This bill relates to enterprise zone certification. 1 17 Currently, an area must be certified as an enterprise zone 1 18 prior to March 1, 2006. The bill extends this date to March 1 19 1, 2007. 1 20 The bill takes effect upon enactment and applies 1 21 retroactively to February 28, 2006. 1 22 LSB 6546SK 81 1 23 tm:rj/je/5