Senate File 2130 - Introduced
SENATE FILE
BY COMMITTEE ON ECONOMIC GROWTH
(SUCCESSOR TO SF 2063)
Passed Senate, Date Passed House, Date
Vote: Ayes Nays Vote: Ayes Nays
Approved
A BILL FOR
1 An Act relating to certain county distress criteria under the
2 enterprise zone program.
3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
4 TLSB 5544SV 82
5 tw/rj/8
PAG LIN
1 1 Section 1. Section 15E.194, subsection 1, paragraph c,
1 2 Code Supplement 2007, is amended to read as follows:
1 3 c. The county has experienced a percentage population loss
1 4 that ranks among the top twenty=five counties in the state
1 5 between 1995 and 2000.
1 6 (1) For purposes of this paragraph "c", prison population
1 7 shall be excluded in the population loss calculations.
1 8 (2) If a county not otherwise qualified to participate in
1 9 the enterprise zone program qualifies as a result of excluding
1 10 the county's prison population, a business engaged in the
1 11 production of ethanol or biodiesel in the county,
1 12 nothwithstanding its status as an eligible business under
1 13 section 15E.193, shall not be eligible for assistance under
1 14 section 15E.196.
1 15 EXPLANATION
1 16 This bill relates to certain county distress criteria under
1 17 the enterprise zone program.
1 18 Currently, an enterprise zone may be designated by a county
1 19 that meets two of four possible distress criteria. One of the
1 20 criteria is that the county must have experienced a percentage
1 21 population loss between 1995 and 2000 that ranks it among the
1 22 top 25 counties in the state for population loss.
1 23 The bill qualifies the population loss criterion by
1 24 providing that the county's prison population cannot be used
1 25 in calculating the population.
1 26 The bill further provides that ethanol and biodiesel
1 27 businesses in the county are not eligible for enterprise zone
1 28 assistance in the form of tax credits, payments, or refunds if
1 29 the county qualifies for the enterprise zone program only when
1 30 its prison population is excluded from the calculation.
1 31 LSB 5544SV 82
1 32 tw/rj/8