Read the full stored bill text
Senate
File
2485
-
Introduced
SENATE
FILE
2485
BY
COMMITTEE
ON
APPROPRIATIONS
(SUCCESSOR
TO
SSB
3188)
A
BILL
FOR
An
Act
relating
to
and
making
appropriations
for
the
economic
1
development
of
the
state,
including
to
the
economic
2
development
authority,
Iowa
finance
authority,
department
3
of
workforce
development,
and
state
board
of
regents
and
4
certain
regents
institutions.
5
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
6
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2485
Section
1.
GOALS
AND
ACCOUNTABILITY
——
ECONOMIC
1
DEVELOPMENT.
2
1.
For
the
fiscal
year
beginning
July
1,
2026,
the
goals
3
for
the
economic
development
authority
shall
be
to
expand
and
4
stimulate
the
state
economy,
increase
the
wealth
of
Iowans,
and
5
increase
the
population
of
the
state.
6
2.
To
achieve
the
goals
in
subsection
1,
the
economic
7
development
authority
shall
do
all
of
the
following
for
the
8
fiscal
year
beginning
July
1,
2026:
9
a.
Concentrate
its
efforts
on
programs
and
activities
that
10
result
in
commercially
viable
products
and
services.
11
b.
Adopt
practices
and
services
consistent
with
free
12
market,
private
sector
philosophies.
13
c.
Ensure
economic
growth
and
development
throughout
the
14
state.
15
d.
Work
with
businesses
and
communities
to
continually
16
improve
the
economic
development
climate
along
with
the
17
economic
well-being
and
quality
of
life
for
Iowans.
18
e.
Establish
a
strong
and
aggressive
marketing
image
to
19
showcase
Iowa’s
workforce,
existing
industry,
and
potential.
20
The
authority
shall
prioritize
recruitment
of
new
businesses,
21
business
expansion,
and
retention
of
existing
Iowa
businesses.
22
In
addition,
the
authority
shall
emphasize
entrepreneurial
23
development
through
helping
entrepreneurs
secure
capital,
24
and
developing
networks
and
a
business
climate
conducive
to
25
entrepreneurs
and
small
businesses.
26
f.
Encourage
the
development
of
communities
and
quality
of
27
life
to
foster
economic
growth.
28
g.
Prepare
communities
for
future
growth
and
development
29
through
development,
expansion,
and
modernization
of
30
infrastructure.
31
h.
Develop
public-private
partnerships
with
Iowa
businesses
32
in
the
tourism
industry,
Iowa
tour
groups,
Iowa
tourism
33
organizations,
and
political
subdivisions
in
this
state
to
34
assist
in
the
development
of
advertising
efforts.
35
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Sec.
2.
ECONOMIC
DEVELOPMENT
AUTHORITY.
1
1.
APPROPRIATION
2
a.
There
is
appropriated
from
the
general
fund
of
the
state
3
to
the
economic
development
authority
for
the
fiscal
year
4
beginning
July
1,
2026,
and
ending
June
30,
2027,
the
following
5
amount,
or
so
much
thereof
as
is
necessary,
to
be
used
for
the
6
purposes
designated
in
this
subsection:
7
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
12,903,510
8
b.
(1)
For
salaries,
support,
miscellaneous
purposes,
9
programs,
marketing,
administration,
business
development,
10
community
development,
small
business
development,
and
any
11
divisions
the
authority
may
organize.
12
(2)
For
business
development
operations
and
programs,
13
international
trade,
export
assistance,
workforce
recruitment,
14
and
the
partner
state
program.
15
(3)
For
transfer
to
a
fund
created
pursuant
to
section
16
15.313
for
purposes
of
financing
strategic
infrastructure
17
projects.
18
(4)
For
community
economic
development
programs,
tourism
19
operations,
community
assistance,
and
the
community
development
20
block
grant.
21
(5)
For
achieving
the
goals
and
accountability,
and
22
fulfilling
the
requirements
and
duties
required
under
this
Act.
23
c.
Notwithstanding
section
8.33
,
moneys
appropriated
in
24
this
subsection
that
remain
unencumbered
or
unobligated
at
the
25
close
of
the
fiscal
year
shall
not
revert
but
shall
remain
26
available
for
expenditure
for
the
purposes
designated
in
this
27
subsection
until
the
close
of
the
succeeding
fiscal
year.
28
2.
FINANCIAL
ASSISTANCE
RESTRICTIONS
29
a.
A
business
creating
jobs
through
moneys
appropriated
in
30
subsection
1
shall
be
subject
to
contract
provisions
requiring
31
new
and
retained
jobs
to
be
filled
by
individuals
who
are
32
citizens
of
the
United
States
who
reside
within
the
United
33
States,
or
individuals
authorized
to
work
in
the
United
States
34
pursuant
to
federal
law,
including
legal
resident
aliens
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residing
in
the
United
States.
1
b.
Any
vendor
who
receives
moneys
appropriated
in
2
subsection
1
shall
adhere
to
such
contract
provisions
and
3
provide
periodic
assurances
as
the
state
shall
require
that
the
4
jobs
are
filled
solely
by
citizens
of
the
United
States
who
5
reside
within
the
United
States,
or
individuals
authorized
to
6
work
in
the
United
States
pursuant
to
federal
law,
including
7
legal
resident
aliens
residing
in
the
United
States.
8
c.
A
business
that
receives
financial
assistance
from
9
the
authority
from
moneys
appropriated
in
subsection
1
shall
10
only
employ
individuals
legally
authorized
to
work
in
this
11
state.
In
addition
to
all
other
applicable
penalties
provided
12
by
current
law,
all
or
a
portion
of
the
assistance
received
13
by
a
business
which
is
found
to
knowingly
employ
individuals
14
not
legally
authorized
to
work
in
this
state
is
subject
to
15
recapture
by
the
authority.
16
3.
USES
OF
APPROPRIATIONS
17
a.
From
the
moneys
appropriated
in
subsection
1,
the
18
authority
may
provide
financial
assistance
in
the
form
of
19
grants,
loans,
or
forgivable
loans
for
advanced
research
and
20
commercialization
projects
involving
value-added
agriculture,
21
advanced
technology,
or
biotechnology.
22
b.
The
authority
shall
not
use
any
moneys
appropriated
in
23
subsection
1
for
purposes
of
providing
financial
assistance
24
for
any
program
or
project
that
involves
the
installation
of
25
geothermal
systems
for
melting
snow
and
ice
from
streets
or
26
sidewalks.
27
4.
WORLD
FOOD
PRIZE
28
In
lieu
of
the
standing
appropriation
in
section
15.368
,
29
there
is
appropriated
from
the
general
fund
of
the
state
to
the
30
economic
development
authority
for
the
fiscal
year
beginning
31
July
1,
2026,
and
ending
June
30,
2027,
the
following
amount
to
32
be
used
for
support
of
the
world
food
prize:
33
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
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.
.
.
.
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.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
500,000
34
5.
TOURISM
OFFICE
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a.
There
is
appropriated
from
the
general
fund
of
the
state
1
to
the
economic
development
authority
for
the
fiscal
year
2
beginning
July
1,
2026,
and
ending
June
30,
2027,
the
following
3
amount,
or
so
much
thereof
as
is
necessary,
to
be
used
for
the
4
tourism
office
for
the
advertisement,
promotion,
placement,
5
and
implementation
of
the
economic
development
authority’s
6
strategic
plan
for
tourism
and
travel:
7
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
1,050,000
8
b.
Notwithstanding
section
8.33
,
moneys
appropriated
in
9
this
subsection
that
remain
unencumbered
or
unobligated
at
the
10
close
of
the
fiscal
year
shall
not
revert
but
shall
remain
11
available
for
expenditure
for
the
purposes
designated
until
the
12
close
of
the
succeeding
fiscal
year.
13
c.
The
economic
development
authority
shall
submit
an
14
annual
report
on
or
before
January
15
to
the
general
assembly
15
regarding
the
tourism
office’s
activities
funded
with
moneys
16
appropriated
under
this
subsection.
The
report
must
be
17
provided
in
an
electronic
format
and
must
include
metrics
18
and
criteria
that
allow
the
general
assembly
to
quantify
and
19
evaluate
the
effectiveness
and
economic
impact
of
the
tourism
20
office’s
activities
related
to
the
advertisement,
promotion,
21
placement,
and
implementation
of
the
economic
development
22
authority’s
strategic
plan
for
tourism
and
travel.
23
6.
CULTURAL
AFFAIRS
ACTIVITIES
24
a.
There
is
appropriated
from
the
general
fund
of
the
state
25
to
the
economic
development
authority
for
the
fiscal
year
26
beginning
July
1,
2026,
and
ending
June
30,
2027,
the
following
27
amount,
or
so
much
thereof
as
is
necessary,
to
be
used
for
28
support
of
the
Iowa
arts
council:
29
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
1,601,800
30
b.
Of
the
moneys
appropriated
in
paragraph
“a”,
the
economic
31
development
authority
shall
allocate
$321,800
for
deposit
in
32
the
arts
and
culture
enhancement
fund
established
in
section
33
15.436
.
34
c.
Notwithstanding
section
8.33
,
moneys
appropriated
in
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this
subsection
that
remain
unencumbered
or
unobligated
at
the
1
close
of
the
fiscal
year
shall
not
revert
but
shall
remain
2
available
for
expenditure
for
the
purposes
designated
until
the
3
close
of
the
succeeding
fiscal
year.
4
Sec.
3.
LIMITATIONS
OF
STANDING
APPROPRIATIONS
——
FY
5
2026-2027.
Notwithstanding
the
standing
appropriations
in
the
6
following
designated
sections
for
the
fiscal
year
beginning
7
July
1,
2026,
and
ending
June
30,
2027,
the
amount
appropriated
8
from
the
general
fund
of
the
state
pursuant
to
the
following
9
sections
for
the
following
purposes
shall
not
exceed
the
10
following
amounts:
11
1.
For
the
arts
and
culture
enhancement
fund
under
section
12
99F.11,
subsection
4
,
paragraph
“d”,
subparagraph
(1):
13
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
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.
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.
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.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
448,403
14
2.
For
the
purposes
of
tourism
marketing
under
section
15
99F.11,
subsection
4
,
paragraph
“d”,
subparagraph
(2):
16
.
.
.
.
.
.
.
.
.
.
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.
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.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
1,443,700
17
Sec.
4.
FINANCIAL
ASSISTANCE
REPORTING
——
ECONOMIC
18
DEVELOPMENT
AUTHORITY.
The
economic
development
authority
19
shall
submit
an
annual
report
to
the
general
assembly
no
later
20
than
November
1,
2026,
that
details
the
amount
of
every
direct
21
loan,
forgivable
loan,
tax
credit,
tax
exemption,
tax
refund,
22
grant,
or
any
other
financial
assistance
awarded
to
a
person
23
during
the
prior
fiscal
year
by
the
authority
under
an
economic
24
development
program
administered
by
the
authority.
The
report
25
must
identify
the
county
where
the
project
associated
with
each
26
such
award
is
located.
27
Sec.
5.
INSURANCE
ECONOMIC
DEVELOPMENT.
From
the
moneys
28
collected
by
the
insurance
division
of
the
department
of
29
insurance
and
financial
services
in
excess
of
the
anticipated
30
gross
revenues
under
section
505.7,
subsection
3
,
during
31
the
fiscal
year
beginning
July
1,
2026,
$100,000
shall
be
32
transferred
to
the
economic
development
authority
for
insurance
33
economic
development
and
international
insurance
economic
34
development.
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Sec.
6.
IOWA
FINANCE
AUTHORITY.
1
1.
There
is
appropriated
from
the
general
fund
of
the
state
2
to
the
Iowa
finance
authority
for
the
fiscal
year
beginning
3
July
1,
2026,
and
ending
June
30,
2027,
the
following
amounts,
4
or
so
much
thereof
as
is
necessary,
to
be
used
for
the
purposes
5
designated:
6
a.
To
provide
reimbursement
for
rent
expenses
to
eligible
7
persons
under
the
home
and
community-based
services
rent
8
subsidy
program
established
in
section
16.55
:
9
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
873,000
10
b.
Of
the
moneys
appropriated
in
paragraph
“a”,
not
more
11
than
$35,000
may
be
used
for
administrative
costs.
12
2.
Notwithstanding
section
8.33
,
moneys
appropriated
in
13
this
section
that
remain
unencumbered
or
unobligated
at
the
14
close
of
the
fiscal
year
shall
not
revert
but
shall
remain
15
available
for
expenditure
for
the
purposes
designated
until
the
16
close
of
the
succeeding
fiscal
year.
17
Sec.
7.
IOWA
FINANCE
AUTHORITY
AUDIT.
The
auditor
of
state
18
is
requested
to
review
the
audit
of
the
Iowa
finance
authority
19
performed
by
the
auditor
hired
by
the
authority.
20
Sec.
8.
DEPARTMENT
OF
WORKFORCE
DEVELOPMENT.
There
21
is
appropriated
from
the
general
fund
of
the
state
to
the
22
department
of
workforce
development
for
the
fiscal
year
23
beginning
July
1,
2026,
and
ending
June
30,
2027,
the
following
24
amounts,
or
so
much
thereof
as
is
necessary,
to
be
used
for
the
25
purposes
designated:
26
1.
WORKFORCE
DEVELOPMENT
OPERATIONS
27
a.
For
the
operation
of
field
offices
and
the
workforce
28
development
board:
29
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
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.
.
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.
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.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
6,902,636
30
b.
Of
the
moneys
appropriated
in
paragraph
“a”,
the
31
department
shall
allocate
$150,000
to
the
state
library
for
32
the
purpose
of
licensing
an
online
resource
which
prepares
33
individuals
to
succeed
in
the
workplace
through
programs
which
34
improve
job
skills
and
vocational
test-taking
abilities.
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S.F.
2485
2.
OFFENDER
REENTRY
PROGRAM
1
a.
For
the
development
and
administration
of
an
offender
2
reentry
program
to
provide
offenders
with
employment
skills:
3
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
387,158
4
b.
The
department
of
workforce
development
shall
partner
5
with
the
department
of
corrections
to
provide
staff
within
6
the
correctional
facilities
resources
to
improve
offenders’
7
abilities
to
find
and
retain
productive
employment.
8
3.
STATE
ACCOUNTING
SYSTEM
9
For
the
payment
of
services
provided
by
the
department
of
10
administrative
services
related
to
the
state
accounting
system:
11
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
228,822
12
4.
WORKPLACE
INJURY
AND
SAFETY
SURVEYS
13
For
the
operation
of
workplace
safety
surveys
and
workplace
14
data
collection
and
analysis,
including
salaries,
support,
15
maintenance,
and
miscellaneous
purposes:
16
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
125,555
17
5.
VOCATIONAL
REHABILITATION
SERVICES
DIVISION
18
a.
For
salaries,
support,
maintenance,
and
miscellaneous
19
purposes:
20
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
6,226,739
21
For
purposes
of
optimizing
the
job
placement
of
individuals
22
with
disabilities,
the
division
shall
make
its
best
efforts
23
to
work
with
community
rehabilitation
program
providers
for
24
job
placement
and
retention
services
for
individuals
with
25
significant
disabilities
and
most
significant
disabilities.
By
26
January
15,
2027,
the
division
shall
submit
a
written
report
to
27
the
general
assembly
regarding
the
division’s
outreach
efforts
28
with
community
rehabilitation
program
providers.
29
b.
For
the
entrepreneurs
with
disabilities
program
30
described
in
section
84H.4
:
31
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
138,506
32
6.
ADULT
EDUCATION
AND
LITERACY
PROGRAMS
33
For
distribution
as
grants
to
community
colleges
for
34
the
purpose
of
adult
basic
education
programs
for
students
35
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(1)
91
nls/ko
7/
15
S.F.
2485
requiring
instruction
in
English
as
a
second
language:
1
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
500,000
2
In
issuing
grants
under
this
subsection,
the
department
of
3
workforce
development
shall
use
the
same
application
process
4
and
criteria
as
are
used
for
purposes
of
awarding
grants
to
5
community
colleges
for
the
purpose
of
adult
basic
education
6
programs
for
students
requiring
instruction
in
English
as
a
7
second
language
using
moneys
that
are
appropriated
to
the
8
department
from
the
Iowa
skilled
worker
and
job
creation
fund
9
created
in
section
8.57J
.
10
7.
REGISTERED
APPRENTICESHIP
PROGRAMS
11
For
the
funding
of
the
registered
apprenticeship
programs
12
under
chapter
84F
to
encourage
small
to
midsize
businesses
to
13
start
or
grow
registered
apprenticeships:
14
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
760,000
15
8.
REVERSION
16
Notwithstanding
section
8.33
,
moneys
appropriated
in
this
17
section
that
remain
unencumbered
or
unobligated
at
the
close
of
18
the
fiscal
year
shall
not
revert
but
shall
remain
available
for
19
expenditure
for
the
purposes
designated
until
the
close
of
the
20
succeeding
fiscal
year.
21
Sec.
9.
DEPARTMENT
OF
WORKFORCE
DEVELOPMENT
——
SPECIAL
22
EMPLOYMENT
SECURITY
CONTINGENCY
FUND.
23
1.
There
is
appropriated
from
the
special
employment
24
security
contingency
fund
created
in
section
96.13
to
the
25
department
of
workforce
development
for
the
fiscal
year
26
beginning
July
1,
2026,
and
ending
June
30,
2027,
the
following
27
amount,
or
so
much
thereof
as
is
necessary,
to
be
used
for
28
field
offices:
29
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
4,616,084
30
2.
Any
remaining
additional
penalty
and
interest
revenue
31
collected
by
the
department
of
workforce
development
is
32
appropriated
to
the
department
for
the
fiscal
year
beginning
33
July
1,
2026,
and
ending
June
30,
2027,
to
accomplish
the
34
mission
of
the
department.
35
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2485
Sec.
10.
IOWA
SKILLED
WORKER
AND
JOB
CREATION
FUND.
1
1.
There
is
appropriated
from
the
Iowa
skilled
worker
and
2
job
creation
fund
created
in
section
8.57J
to
the
following
3
departments,
agencies,
and
institutions
for
the
fiscal
year
4
beginning
July
1,
2026,
and
ending
June
30,
2027,
the
following
5
amounts,
or
so
much
thereof
as
is
necessary,
to
be
used
for
the
6
purposes
designated:
7
a.
ECONOMIC
DEVELOPMENT
AUTHORITY
8
(1)
For
providing
financial
assistance
to
eligible
9
businesses
for
the
business
incentives
for
growth
program
10
pursuant
to
chapter
15,
subchapter
II,
part
33:
11
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
11,700,000
12
(a)
Of
the
moneys
appropriated
in
this
subparagraph
(1),
13
not
more
than
$1,000,000
may
be
used
for
purposes
of
providing
14
infrastructure
grants
to
main
street
communities
under
the
main
15
street
Iowa
program.
16
(b)
As
a
condition
of
receiving
moneys
appropriated
in
this
17
subparagraph
(1),
an
entity
shall
testify
upon
the
request
of
18
the
joint
appropriations
subcommittee
on
economic
development
19
regarding
the
expenditure
of
such
moneys.
20
(2)
For
support
of
the
manufacturing
4.0
technology
21
investment
program
established
in
section
15.371
:
22
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
2,350,000
23
(3)
For
the
empower
rural
Iowa
program:
24
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
700,000
25
b.
STATE
BOARD
OF
REGENTS
AND
REGENTS
INSTITUTIONS
26
(1)
STATE
BOARD
OF
REGENTS.
For
capacity
building
27
infrastructure
in
areas
related
to
technology
28
commercialization,
marketing
and
business
development
29
efforts
in
areas
related
to
technology
commercialization,
30
entrepreneurship,
and
business
growth,
and
infrastructure
31
projects
and
programs
needed
to
assist
in
implementation
of
32
activities
under
chapter
262B
:
33
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
3,000,000
34
(a)
Of
the
moneys
appropriated
pursuant
to
this
35
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5011SV
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2485
subparagraph
(1),
35
percent
shall
be
allocated
for
Iowa
state
1
university
of
science
and
technology,
35
percent
shall
be
2
allocated
for
the
state
university
of
Iowa,
and
30
percent
3
shall
be
allocated
for
the
university
of
northern
Iowa.
4
(b)
The
institutions
shall
provide
a
one-to-one
match
5
of
additional
moneys
for
the
activities
funded
with
moneys
6
appropriated
under
this
subparagraph
(1).
7
(c)
The
state
board
of
regents
shall
submit
a
report
by
8
January
15,
2027,
to
the
governor
and
the
general
assembly
9
regarding
the
activities,
projects,
and
programs
funded
with
10
moneys
appropriated
under
this
subparagraph
(1).
The
report
11
must
be
provided
in
an
electronic
format
and
must
include
a
12
list
of
metrics
and
criteria
mutually
agreed
to
in
advance
by
13
the
board
of
regents
and
the
economic
development
authority.
14
The
metrics
and
criteria
must
allow
the
governor’s
office
and
15
the
general
assembly
to
quantify
and
evaluate
the
progress
16
of
the
board
of
regents
institutions
with
regard
to
their
17
activities,
projects,
and
programs
in
the
areas
of
technology
18
commercialization,
entrepreneurship,
regional
development,
and
19
market
research.
20
(2)
IOWA
STATE
UNIVERSITY
OF
SCIENCE
AND
TECHNOLOGY.
For
21
small
business
development
centers,
the
research
park,
and
the
22
center
for
industrial
research
and
service:
23
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
2,424,302
24
(a)
Of
the
moneys
appropriated
in
this
subparagraph
(2),
25
Iowa
state
university
of
science
and
technology
shall
allocate
26
at
least
$735,728
for
purposes
of
funding
small
business
27
development
centers.
Iowa
state
university
of
science
and
28
technology
may
allocate
the
appropriated
moneys
to
the
various
29
small
business
development
centers
in
any
manner
necessary
to
30
achieve
the
purposes
of
this
subparagraph
(2).
31
(b)
Iowa
state
university
of
science
and
technology
shall
32
do
all
of
the
following:
33
(i)
Direct
expenditures
for
research
toward
projects
that
34
will
provide
economic
stimulus
for
Iowa.
35
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2485
(ii)
Emphasize
providing
services
to
Iowa-based
companies.
1
(c)
It
is
the
intent
of
the
general
assembly
that
the
2
center
for
industrial
research
and
service
industrial
incentive
3
program
focus
on
Iowa
industrial
sectors
and
seek
contributions
4
and
in-kind
donations
from
businesses,
industrial
foundations,
5
and
trade
associations,
and
that
moneys
for
the
program
shall
6
be
allocated
only
for
projects
which
are
matched
by
private
7
sector
moneys
for
directed
contract
research
or
for
nondirected
8
research.
The
match
required
of
small
businesses
as
defined
9
in
section
15.102
for
directed
contract
research
or
for
10
nondirected
research
shall
be
$1
for
each
$3
of
state
funds.
11
The
match
required
for
other
businesses
for
directed
contract
12
research
or
for
nondirected
research
shall
be
$1
for
each
$1
of
13
state
funds.
The
match
required
of
industrial
foundations
or
14
trade
associations
shall
be
$1
for
each
$1
of
state
funds.
15
(d)
Iowa
state
university
of
science
and
technology
shall
16
report
annually
to
the
general
assembly
the
total
amount
of
17
private
contributions,
the
proportion
of
contributions
from
18
small
businesses
and
other
businesses,
and
the
proportion
for
19
directed
contract
research
and
nondirected
research
of
benefit
20
to
Iowa
businesses
and
industrial
sectors.
21
(3)
STATE
UNIVERSITY
OF
IOWA
22
(a)
For
the
state
university
of
Iowa
research
park
and
for
23
university
of
Iowa
pharmaceuticals
located
at
the
research
24
park,
including
salaries,
support,
maintenance,
equipment,
and
25
miscellaneous
purposes:
26
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
209,279
27
The
state
university
of
Iowa
shall
do
all
of
the
following:
28
(i)
Direct
expenditures
for
research
toward
projects
that
29
will
provide
economic
stimulus
for
Iowa.
30
(ii)
Emphasize
providing
services
to
Iowa-based
companies.
31
(b)
For
the
purpose
of
implementing
the
entrepreneurship
32
and
economic
growth
initiative:
33
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
2,000,000
34
(4)
UNIVERSITY
OF
NORTHERN
IOWA
35
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15
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2485
(a)
For
the
metal
casting
and
foundry
4.0
centers,
1
advance
Iowa,
family
business
center,
and
the
institute
for
2
decision
making,
including
salaries,
support,
maintenance,
and
3
miscellaneous
purposes:
4
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
1,466,419
5
The
university
of
northern
Iowa
shall
do
all
of
the
6
following:
7
(i)
Direct
expenditures
for
research
toward
projects
that
8
will
provide
economic
stimulus
for
Iowa.
9
(ii)
Emphasize
providing
services
to
Iowa-based
companies.
10
(b)
For
the
purpose
of
providing
in-state
undergraduate
11
tuition
and
undergraduate
mandatory
fees
to
individuals
12
who
reside
in
a
state
contiguous
to
Iowa,
who
enroll
in
an
13
undergraduate
program
offered
by
the
university
of
northern
14
Iowa,
and
who
are
classified
as
residents
of
this
state
for
15
purposes
of
undergraduate
tuition
and
undergraduate
mandatory
16
fees:
17
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
1,000,000
18
(c)
For
the
purpose
of
expanding
the
nursing
program:
19
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
600,000
20
(5)
DUTY
TO
TESTIFY
21
As
a
condition
of
receiving
moneys
appropriated
in
this
22
lettered
paragraph
“b”,
an
entity
shall
testify
upon
the
23
request
of
the
joint
appropriations
subcommittee
on
economic
24
development
regarding
the
expenditure
of
such
moneys.
25
c.
DEPARTMENT
OF
WORKFORCE
DEVELOPMENT
26
(1)
For
staffing
costs
related
to
completing
workforce
27
preparation
outcome
reporting
in
conjunction
with
the
28
department
of
education:
29
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
125,000
30
(2)
For
distribution
to
community
colleges
for
the
purposes
31
of
implementing
adult
education
and
literacy
programs
pursuant
32
to
section
84A.19
:
33
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
4,500,000
34
(a)
From
the
moneys
appropriated
in
this
numbered
35
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subparagraph,
$3,125,000
shall
be
allocated
pursuant
to
the
1
formula
established
in
section
260C.18C
.
2
(b)
From
the
moneys
appropriated
in
this
numbered
3
subparagraph,
not
more
than
$150,000
shall
be
used
by
the
4
department
of
workforce
development
for
implementation
of
adult
5
education
and
literacy
programs
pursuant
to
section
84A.19
.
6
(c)
From
the
moneys
appropriated
in
this
numbered
7
subparagraph,
not
more
than
$1,015,000
shall
be
distributed
8
as
grants
to
community
colleges
for
the
purpose
of
adult
9
basic
education
programs
for
students
requiring
instruction
10
in
English
as
a
second
language.
The
department
of
workforce
11
development
shall
establish
an
application
process
and
criteria
12
to
award
grants
pursuant
to
this
subparagraph
division
to
13
community
colleges.
The
criteria
must
be
based
on
need
for
14
instruction
in
English
as
a
second
language
in
the
region
15
served
by
each
community
college
as
determined
by
factors
16
including
data
from
the
latest
federal
decennial
census
and
17
outreach
efforts
to
determine
regional
needs.
18
(d)
From
the
moneys
appropriated
in
this
numbered
19
subparagraph,
$210,000
shall
be
transferred
to
the
department
20
of
health
and
human
services
for
purposes
of
administering
21
a
program
to
provide
access
to
international
resources
to
22
Iowans
and
new
Iowans
to
provide
economic
and
leadership
23
development
resulting
in
Iowa
being
a
more
welcoming
place
24
to
live,
work,
and
raise
a
family.
The
program
must
provide
25
supplemental
support
services
for
international
refugees
to
26
improve
learning,
English
literacy,
life
skills,
cultural
27
competencies,
and
integration
in
a
county
with
a
population
28
over
350,000
as
determined
by
the
2020
federal
decennial
29
census.
The
department
of
health
and
human
services
shall
30
utilize
a
request-for-proposals
process
to
identify
the
entity
31
best
qualified
to
implement
the
program.
32
2.
Notwithstanding
section
8.33
,
moneys
appropriated
in
33
this
section
that
remain
unencumbered
or
unobligated
at
the
34
close
of
the
fiscal
year
shall
not
revert
but
shall
remain
35
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15
S.F.
2485
available
for
expenditure
for
the
purposes
designated
until
the
1
close
of
the
succeeding
fiscal
year.
2
Sec.
11.
GENERAL
FUND
——
CERTAIN
REGENTS
INSTITUTIONS.
3
1.
There
is
appropriated
from
the
general
fund
of
the
state
4
to
the
following
institutions
for
the
fiscal
year
beginning
5
July
1,
2026,
and
ending
June
30,
2027,
the
following
amounts,
6
or
so
much
thereof
as
is
necessary,
to
be
used
for
the
purposes
7
designated:
8
a.
IOWA
STATE
UNIVERSITY
OF
SCIENCE
AND
TECHNOLOGY
9
In
cooperation
with
the
economic
development
authority,
for
10
support
of
a
biosciences
innovation
ecosystem,
to
strengthen
11
Iowa’s
leadership
positions
in
the
area
of
bio-based
chemicals,
12
digital
agriculture,
vaccines,
and
medical
devices,
including
13
salaries,
support,
maintenance,
and
miscellaneous
purposes:
14
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
2,963,995
15
b.
STATE
UNIVERSITY
OF
IOWA
16
In
cooperation
with
the
economic
development
authority,
for
17
support
of
a
biosciences
innovation
ecosystem,
to
strengthen
18
Iowa’s
leadership
positions
in
the
area
of
bio-based
chemicals,
19
digital
agriculture,
vaccines,
and
medical
devices,
including
20
salaries,
support,
maintenance,
and
miscellaneous
purposes:
21
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
1,000,000
22
c.
UNIVERSITY
OF
NORTHERN
IOWA
23
For
equipment
and
technology
to
expand
the
university’s
24
additive
manufacturing
capabilities
related
to
investment
25
castings
technology
and
industry
support,
including
salaries,
26
support,
maintenance,
and
miscellaneous
purposes:
27
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
$
394,321
28
The
university
of
northern
Iowa
shall
make
a
good-faith
29
effort
to
coordinate
with
private
entities
to
seek
moneys
to
30
supplement
this
appropriation
to
support
the
expansion
of
the
31
university’s
additive
manufacturing
capabilities.
32
2.
Notwithstanding
section
8.33
,
moneys
appropriated
in
33
subsection
1,
paragraphs
“a”
and
“b”,
that
remain
unencumbered
34
or
unobligated
at
the
close
of
the
fiscal
year
shall
not
revert
35
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S.F.
2485
but
shall
remain
available
for
expenditure
for
the
purposes
1
designated
until
the
close
of
the
succeeding
fiscal
year.
2
EXPLANATION
3
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
4
the
explanation’s
substance
by
the
members
of
the
general
assembly.
5
This
bill
relates
to
and
makes
appropriations
for
the
6
economic
development
of
the
state.
7
The
bill
appropriates
moneys
for
FY
2026-2027
from
the
8
general
fund
of
the
state
to
the
economic
development
authority
9
(IEDA),
Iowa
finance
authority
(IFA),
department
of
workforce
10
development
(IWD),
Iowa
state
university
of
science
and
11
technology
(ISU),
state
university
of
Iowa,
and
university
of
12
northern
Iowa.
13
For
FY
2026-2027,
the
bill
limits
standing
appropriations
14
for
the
world
food
prize,
the
arts
and
culture
enhancement
15
fund,
and
tourism
marketing.
16
The
bill
transfers
certain
moneys
collected
by
the
insurance
17
division
in
excess
of
the
anticipated
gross
revenues
under
Code
18
section
505.7
to
IEDA.
19
The
bill
appropriates
moneys
for
FY
2026-2027
from
the
20
special
employment
security
contingency
fund
to
IWD.
The
bill
21
also
appropriates
moneys
for
FY
2026-2027
from
the
Iowa
skilled
22
worker
and
job
creation
fund
to
IEDA,
IWD,
and
the
state
board
23
of
regents
and
institutions
under
the
control
of
the
board.
24
The
auditor
of
state
is
requested
to
review
the
audit
of
IFA
25
performed
by
the
auditor
hired
by
IFA.
26
The
bill
requires
IEDA,
the
vocational
rehabilitation
27
services
division
of
IWD,
the
state
board
of
regents,
and
ISU
28
to
submit
various
reports
to
the
general
assembly.
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