HSB 521 (LSB 5421YC (1) 91)

HOUSE FILE _____ 

BY  (PROPOSED COMMITTEE ON COMMERCE BILL BY CHAIRPERSON YOUNG)

A BILL FOR

An Act  authorizing the transfer of funds to assist the state load forecasting center.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 476.46A, subsection 2, Code 2026, is amended by adding the following new paragraph:
   NEW PARAGRAPH.  d.  Each fiscal year beginning July 1, 2026, the economic development authority shall be authorized to transfer an amount not to exceed six hundred thirty-three thousand dollars from the energy and water infrastructure revolving loan fund to Iowa state university of science and technology to be used for the purposes of providing financial assistance to the state load forecasting center.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill authorizes the transfer of funds to assist the state load forecasting center.
   The bill authorizes the Iowa economic development authority to transfer up to $633,000 annually to Iowa state university of science and technology to be used for providing financial assistance to the state load forecasting center.