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