House File 280 - Introduced
HOUSE FILE
BY BAILEY, PETTENGILL, D. OLSON,
H. MILLER, MERTZ, TJEPKES,
GRANZOW, UPMEYER, DEYOE,
DE BOEF, and JACOBY
Passed House, Date Passed Senate, Date
Vote: Ayes Nays Vote: Ayes Nays
Approved
A BILL FOR
1 An Act relating to distress criteria for enterprise zones.
2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
3 TLSB 1895HH 82
4 tm/es/88
PAG LIN
1 1 Section 1. Section 15E.194, subsection 5, paragraph a,
1 2 Code 2007, is amended to read as follows:
1 3 a. A city of any size or any county may designate an
1 4 enterprise zone at any time prior to July 1, 2010, when a
1 5 business closure or permanent layoff occurs involving. The
1 6 business closure or permanent layoff must involve the loss of
1 7 full=time employees, not including retail employees, at one
1 8 place of business totaling at least one thousand employees or
1 9 four percent or more of the county's resident labor force
1 10 based on the most recent annual resident labor force
1 11 statistics from the department of workforce development,
1 12 whichever is lower. A permanent layoff must occur on or after
1 13 July 1, 2005. The enterprise zone may be established on the
1 14 property of the place of business that has closed or imposed a
1 15 permanent layoff and the enterprise zone may include an area
1 16 up to an additional three miles adjacent to the property. The
1 17 area meeting the requirements for enterprise zone eligibility
1 18 under this subsection shall not be included for the purpose of
1 19 determining the area limitation pursuant to section 15E.192,
1 20 subsection 4. An eligible housing business under section
1 21 15E.193B shall not receive incentives or assistance for a home
1 22 or multiple dwelling unit built or rehabilitated in an
1 23 enterprise zone designated pursuant to this subsection.
1 24 EXPLANATION
1 25 This bill relates to distress criteria for enterprise
1 26 zones.
1 27 Currently, a city or county may designate an enterprise
1 28 zone at any time prior to July 1, 2010, when a business
1 29 closure occurs involving the loss of full=time employees, not
1 30 including retail employees, at one place of business totaling
1 31 at least 1,000 employees or 4 percent or more of the county's
1 32 resident labor force based on the most recent annual resident
1 33 labor force statistics from the department of workforce
1 34 development, whichever is lower. The bill changes the
1 35 requirement from a business closure to a business closure or a
2 1 permanent layoff. The permanent layoff must occur on or after
2 2 July 1, 2005.
2 3 LSB 1895HH 82
2 4 tm:nh/es/88