Senate File 393 - Introduced SENATE FILE 393 BY J. SMITH A BILL FOR An Act extending the deadline to enter into withholding 1 agreements under the targeted jobs withholding credit pilot 2 project. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 2508XS (1) 89 jm/jh
S.F. 393 Section 1. Section 403.19A, subsection 3, paragraph c, 1 subparagraph (2), Code 2021, is amended to read as follows: 2 (2) The pilot project city and the economic development 3 authority shall not enter into a withholding agreement after 4 June 30, 2021 2026 . 5 EXPLANATION 6 The inclusion of this explanation does not constitute agreement with 7 the explanation’s substance by the members of the general assembly. 8 This bill extends, by five years, the deadline for entering 9 into withholding agreements under the targeted jobs withholding 10 credit pilot project from June 30, 2021, to June 30, 2026. 11 -1- LSB 2508XS (1) 89 jm/jh 1/ 1