Senate File 2241 - Introduced
SENATE FILE
BY DOTZLER
Passed Senate, Date Passed House, Date
Vote: Ayes Nays Vote: Ayes Nays
Approved
A BILL FOR
1 An Act relating to economic development by making the Sac and Fox
2 tribe of the Mississippi in Iowa eligible for certain economic
3 development programs.
4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
5 TLSB 6134XS 82
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PAG LIN
1 1 Section 1. Section 15F.202, subsection 2, unnumbered
1 2 paragraph 1, Code 2007, is amended to read as follows:
1 3 A city or county in the state or, the Sac and Fox tribe of
1 4 the Mississippi in Iowa, or a public organization may submit
1 5 an application to the board for financial assistance for a
1 6 project under the program. The assistance shall be provided
1 7 only from funds, rights, and assets legally available to the
1 8 board and shall be in the form of grants, loans, forgivable
1 9 loans, and credit enhancement and financing instruments. The
1 10 application shall include, but not be limited to, the
1 11 following information:
1 12 Sec. 2. Section 15F.302, subsection 2, unnumbered
1 13 paragraph 1, Code 2007, is amended to read as follows:
1 14 A city or county, the Sac and Fox tribe of the Mississippi
1 15 in Iowa, or a public organization in the state may submit an
1 16 application to the board for financial assistance for a
1 17 project under the program. For purposes of this subsection,
1 18 "public organization" means a nonprofit economic development
1 19 organization or other nonprofit organization that sponsors or
1 20 supports community or tourism attractions and activities. The
1 21 financial assistance from the fund shall be provided only from
1 22 funds, rights, and assets legally available to the board and
1 23 shall be in the form of grants, loans, forgivable loans,
1 24 pledges, and credit enhancements and financing instruments.
1 25 The application shall include, but not be limited to, the
1 26 following information:
1 27 EXPLANATION
1 28 This bill relates to economic development assistance for
1 29 the Sac and Fox tribe of the Mississippi in Iowa located in
1 30 Tama.
1 31 Currently, the tribe is not eligible for programs
1 32 administered by the department of economic development.
1 33 The bill makes the tribe eligible to apply for assistance
1 34 from the community attraction and tourism program and the
1 35 vision Iowa program.
2 1 LSB 6134XS 82
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