House File 741 - Introduced
HOUSE FILE
BY COMMITTEE ON REBUILD IOWA
AND DISASTER RECOVERY
(SUCCESSOR TO HSB 253)
Passed House, Date Passed Senate, Date
Vote: Ayes Nays Vote: Ayes Nays
Approved
A BILL FOR
1 An Act providing for a lead containment and abatement equipment
2 program and fund and making an appropriation.
3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
4 TLSB 2472HV 83
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PAG LIN
1 1 Section 1. NEW SECTION. 15.296 LEAD CONTAINMENT AND
1 2 ABATEMENT EQUIPMENT FUND AND PROGRAM.
1 3 1. A lead containment and abatement equipment fund is
1 4 created in the state treasury under the control of the
1 5 department of economic development consisting of the
1 6 following:
1 7 a. The moneys appropriated to the department for deposit
1 8 in the fund.
1 9 b. Payments of interest, repayments of moneys loaned, and
1 10 recaptures of grants and loans made pursuant to this section.
1 11 c. Moneys credited to the fund are not subject to section
1 12 8.33. Notwithstanding section 12C.7, interest or earnings on
1 13 moneys in the fund shall be credited to the fund.
1 14 2. The department shall establish and administer a lead
1 15 containment and abatement equipment program for purposes of
1 16 providing financial assistance to applicants from the lead
1 17 containment and abatement equipment fund. Financial
1 18 assistance awarded under the program may include grants,
1 19 loans, or forgivable loans.
1 20 3. a. Awards of financial assistance pursuant to this
1 21 section shall be in an amount equal to fifty percent of the
1 22 cost incurred in the purchase of lead containment and
1 23 abatement equipment. However, an applicant shall not receive
1 24 assistance in an amount greater than two thousand dollars.
1 25 b. To be eligible to receive financial assistance pursuant
1 26 to this section, an applicant shall be certified as a lead
1 27 abater pursuant to section 135.105A and shall have
1 28 successfully completed a lead abatement contractor course.
1 29 c. In administering the program described in this section,
1 30 the department shall encourage minority persons and
1 31 minority=owned businesses to apply. For purposes of this
1 32 paragraph, "minority person" means the same as defined in
1 33 section 15.102, subsection 7.
1 34 4. The department may adopt rules pursuant to chapter 17A
1 35 for the administration of this section.
2 1 Sec. 2. APPROPRIATION == LEAD CONTAINMENT AND ABATEMENT
2 2 EQUIPMENT PROGRAM. There is appropriated from the general
2 3 fund of the state to the department of economic development
2 4 for deposit in the lead containment and abatement equipment
2 5 fund for the fiscal year beginning July 1, 2009, and ending
2 6 June 30, 2010, the following amount, or so much thereof as is
2 7 necessary, to be used for the purposes designated:
2 8 For providing financial assistance to applicants under the
2 9 lead containment and abatement equipment program created in
2 10 section 15.296, as enacted in this Act:
2 11 .................................................. $ 50,000
2 12 EXPLANATION
2 13 This bill establishes a lead containment and abatement
2 14 equipment fund and program. The purpose of the program is to
2 15 make awards of financial assistance from the fund to
2 16 applicants. To be eligible, an applicant must be certified as
2 17 a lead abater and have successfully completed a lead abatement
2 18 contractor course. Applicants who are eligible qualify for a
2 19 grant or loan in the amount of 50 percent of the cost of lead
2 20 containment and abatement equipment, not to exceed $2,000.
2 21 The bill appropriates $50,000 to the lead containment and
2 22 abatement equipment fund for purposes of providing awards of
2 23 financial assistance under the program.
2 24 LSB 2472HV 83
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