Bill Text: IA HSB634 | 2015-2016 | 86th General Assembly | Introduced
Bill Title: A study bill relating to economic development by establishing an enhance Iowa board to assume the powers and duties of the vision Iowa board and additional powers and duties, establishing an enhance Iowa fund, establishing a sports tourism program and fund, making appropriations, and including transition provisions.
Spectrum: Unknown
Status: (Introduced - Dead) 2016-02-17 - 8:00AM; House Lounge Economic Growth. [HSB634 Detail]
Download: Iowa-2015-HSB634-Introduced.html
House
Study
Bill
634
-
Introduced
HOUSE
FILE
_____
BY
(PROPOSED
COMMITTEE
ON
ECONOMIC
GROWTH
BILL
BY
CHAIRPERSON
HANUSA)
A
BILL
FOR
An
Act
relating
to
economic
development
by
establishing
an
1
enhance
Iowa
board
to
assume
the
powers
and
duties
of
2
the
vision
Iowa
board
and
additional
powers
and
duties,
3
establishing
an
enhance
Iowa
fund,
establishing
a
sports
4
tourism
program
and
fund,
making
appropriations,
and
5
including
transition
provisions.
6
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
7
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DIVISION
I
1
ENHANCE
IOWA
2
Section
1.
Section
15F.101,
subsection
2,
Code
2016,
is
3
amended
to
read
as
follows:
4
2.
“Board”
means
the
vision
enhance
Iowa
board
as
created
5
in
section
15F.102
.
6
Sec.
2.
Section
15F.102,
Code
2016,
is
amended
by
striking
7
the
section
and
inserting
in
lieu
thereof
the
following:
8
15F.102
Enhance
Iowa
board.
9
1.
An
enhance
Iowa
board
is
established
consisting
of
the
10
members
described
in
subsection
2.
The
board
is
located
within
11
the
authority
for
administrative
purposes.
The
director
of
the
12
authority
shall
provide
office
space,
staff
assistance,
and
13
necessary
supplies
and
equipment
for
the
board.
The
director
14
shall
budget
moneys
to
cover
the
compensation
and
expenses
15
of
the
board.
In
performing
its
functions,
the
board
is
16
performing
a
public
function
on
behalf
of
the
state
and
is
a
17
public
instrumentality
of
the
state.
18
2.
The
board
shall
consist
of
the
following
voting
members
19
appointed
by
the
governor:
20
a.
Two
members
from
each
United
States
congressional
21
district
in
the
state
as
established
in
section
40.1.
22
b.
Three
members
from
the
state
at
large.
23
3.
a.
Of
the
voting
members
appointed
pursuant
to
24
subsection
2,
the
governor
shall
appoint
the
following:
25
(1)
One
person
selected
by
the
board
of
the
Iowa
natural
26
heritage
foundation.
27
(2)
One
person
with
professional
experience
in
finance
or
28
investment
banking.
29
(3)
One
person
with
professional
experience
in
the
tourism
30
industry.
31
(4)
One
person
with
professional
experience
in
architecture
32
or
historic
preservation.
33
(5)
One
person
with
professional
experience
in
cultural
34
attractions
and
programming.
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(6)
Six
persons
actively
employed
in
the
private,
1
for-profit
sector
of
the
economy
who
have
substantial
expertise
2
in
economic
development.
3
b.
The
governor
shall
appoint
the
voting
members
pursuant
to
4
subsection
2,
subject
to
sections
69.16,
69.16A,
and
69.16C,
5
and
subject
to
confirmation
by
the
senate.
6
c.
The
members
appointed
pursuant
to
subsection
2
shall
7
be
appointed
to
two-year
staggered
terms
and
the
terms
shall
8
commence
and
end
as
provided
by
section
69.19.
If
a
vacancy
9
occurs,
a
successor
shall
be
appointed
to
serve
the
unexpired
10
term.
A
successor
shall
be
appointed
in
the
same
manner
and
11
subject
to
the
same
qualifications
as
the
original
appointment
12
to
serve
the
unexpired
term.
13
4.
In
addition
to
the
voting
members,
the
membership
of
14
the
board
shall
include
four
members
of
the
general
assembly
15
with
one
member
designated
by
each
of
the
following:
the
16
majority
leader
of
the
senate,
the
minority
leader
of
the
17
senate,
the
speaker
of
the
house
of
representatives,
and
the
18
minority
leader
of
the
house
of
representatives.
A
legislative
19
member
serves
for
a
term
as
provided
in
section
69.16B
in
an
ex
20
officio,
nonvoting
capacity.
21
5.
a.
In
addition
to
the
voting
members,
the
membership
22
of
the
board
shall
include
the
following
ex
officio,
nonvoting
23
members:
24
(1)
The
director
of
the
economic
development
authority
or
25
the
director’s
designee.
26
(2)
The
director
of
the
department
of
transportation
or
the
27
director’s
designee.
28
(3)
The
director
of
the
department
of
natural
resources
or
29
the
director’s
designee.
30
(4)
The
director
of
the
department
of
cultural
affairs
or
31
the
director’s
designee.
32
b.
A
person
serving
as
a
designee
pursuant
to
paragraph
33
“a”
shall
serve
a
one-year
term
as
an
ex
officio,
nonvoting
34
member
of
the
board.
A
designee
whose
term
has
expired
may
be
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redesignated.
1
6.
The
governor
shall
designate
the
chairperson
and
vice
2
chairperson
of
the
board
from
the
members
appointed
pursuant
3
to
subsection
2.
In
the
case
of
absence
or
disability
of
the
4
chairperson
and
vice
chairperson,
the
members
of
the
board
5
shall
elect
a
temporary
chairperson
by
a
majority
vote
of
those
6
members
who
are
present
and
voting.
7
7.
Each
voting
member
of
the
board
shall
serve
on
one
of
the
8
two
review
committees
described
in
sections
15F.203,
subsection
9
2,
and
15F.304,
subsection
2.
10
8.
A
majority
of
the
total
voting
membership
of
the
board
11
constitutes
a
quorum.
12
Sec.
3.
Section
15F.103,
Code
2016,
is
amended
by
adding
the
13
following
new
subsections:
14
NEW
SUBSECTION
.
3A.
Oversee
the
administration
by
the
15
authority
of
the
sports
tourism
program
pursuant
to
this
16
chapter.
17
NEW
SUBSECTION
.
3B.
Oversee
the
administration
of
the
river
18
enhancement
community
attraction
and
tourism
program
pursuant
19
to
this
chapter.
20
Sec.
4.
Section
15F.104,
Code
2016,
is
amended
to
read
as
21
follows:
22
15F.104
Authority
duties.
23
The
authority,
subject
to
approval
by
the
board,
shall
24
adopt
administrative
rules
pursuant
to
chapter
17A
necessary
25
to
administer
the
community
attraction
and
tourism
program
26
and
the
vision
Iowa
program
the
programs
established
pursuant
27
to
this
chapter
.
The
authority
shall
provide
the
board
with
28
assistance
in
implementing
administrative
functions,
marketing
29
the
programs,
providing
technical
assistance
and
application
30
assistance
to
applicants
under
the
programs,
negotiating
31
contracts,
and
providing
project
follow-up.
The
authority,
32
in
cooperation
with
the
treasurer
of
state,
may
conduct
33
negotiations
on
behalf
of
the
board
with
applicants
regarding
34
terms
and
conditions
applicable
to
awards
under
the
programs.
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Sec.
5.
NEW
SECTION
.
15F.107
Enhance
Iowa
fund
and
1
appropriation.
2
1.
a.
The
authority
shall
establish
a
fund
pursuant
to
3
section
15.106A,
subsection
1,
paragraph
“o”
,
for
purposes
of
4
allocating
moneys
to
the
programs
described
in
this
section.
5
A
fund
established
for
purposes
of
this
section
may
be
6
administered
as
a
revolving
fund
and
may
consist
of
any
moneys
7
appropriated
by
the
general
assembly
for
purposes
of
this
8
section
and
any
other
moneys
that
are
lawfully
available
to
the
9
authority.
10
b.
Notwithstanding
section
8.33,
at
the
end
of
each
fiscal
11
year
moneys
in
a
fund
established
for
purposes
of
this
section
12
shall
not
revert
to
any
other
fund
but
shall
remain
in
the
fund
13
for
expenditure
for
subsequent
fiscal
years.
14
c.
Notwithstanding
section
12C.7,
subsection
2,
interest
or
15
earnings
on
moneys
in
the
fund
shall
be
credited
to
the
fund.
16
Repayments
and
recaptures
of
program
moneys
shall
be
credited
17
to
the
fund.
18
2.
Commencing
with
appropriations
made
by
this
section
for
19
the
fiscal
year
beginning
July
1,
2016,
and
for
each
fiscal
20
year
thereafter,
not
to
exceed
a
total
of
ten
fiscal
years,
21
if
moneys
are
transferred
to
the
general
fund
of
the
state
22
pursuant
to
section
8.55,
subsection
2,
paragraph
“b”
,
during
23
a
fiscal
year
in
an
amount
that
exceeds
one
hundred
million
24
dollars,
there
is
appropriated
from
the
general
fund
of
the
25
state
to
the
authority
for
deposit
in
the
fund
created
pursuant
26
to
subsection
1,
for
that
fiscal
year,
twenty-five
million
27
dollars
to
be
used
for
the
purposes
designated
in
subsection
3.
28
3.
For
each
fiscal
year
in
which
moneys
are
appropriated
to
29
the
fund
pursuant
to
subsection
2,
the
authority
shall
allocate
30
the
moneys
in
the
fund
for
the
following
purposes
and
in
the
31
following
amounts:
32
a.
For
purposes
of
administration,
marketing
enhance
Iowa
33
programs,
expenses,
and
compensation
of
board
members,
two
34
hundred
fifty
thousand
dollars.
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b.
For
deposit
in
the
sports
program
fund
established
1
pursuant
to
section
15F.402,
one
million
dollars.
2
c.
For
deposit
in
the
community
attraction
and
tourism
fund
3
established
pursuant
to
section
15F.204,
two
million
dollars.
4
d.
For
deposit
in
the
river
enhancement
community
attraction
5
and
tourism
fund
established
pursuant
to
section
15F.205,
two
6
million
dollars.
7
e.
For
allocation
as
grants,
at
the
discretion
of
the
8
board,
to
the
department
of
natural
resources,
the
department
9
of
transportation,
or
the
department
of
agriculture
and
land
10
stewardship
as
follows:
11
(1)
For
purposes
of
improving
state
parks
infrastructure,
12
financing
low
head
dam
mitigation
or
removal
projects,
or
13
funding
projects
under
the
natural
resources
account
created
in
14
section
461.32
in
the
natural
resources
and
outdoor
recreation
15
trust
fund,
two
million
dollars.
16
(2)
For
purposes
of
funding
projects
under
the
watershed
17
protection
account
created
in
section
461.34
in
the
natural
18
resources
and
outdoor
recreation
trust
fund,
two
million
19
dollars.
20
(3)
For
purposes
of
funding
projects
under
the
trails
21
account
created
in
section
461.37
in
the
natural
resources
and
22
outdoor
recreation
trust
fund,
two
million
dollars.
23
(4)
The
departments
of
natural
resources,
transportation,
24
and
agriculture
and
land
stewardship
shall
submit
applications
25
to
the
board
for
each
project
to
be
funded
pursuant
to
this
26
paragraph
“e”
.
The
board
shall
prioritize
the
projects
and
27
negotiate
with
the
departments
on
which
projects
to
fund
28
pursuant
to
this
paragraph
“e”
.
29
f.
For
allocation
to
the
funds,
programs,
and
purposes
30
described
in
paragraphs
“a”
through
“e”
,
at
the
discretion
of
31
the
board,
thirteen
million
seven
hundred
fifty
dollars.
32
4.
If,
at
any
point
in
a
fiscal
year,
the
board
determines
33
that
demand
for
any
one
of
the
purposes
described
in
subsection
34
3
will
not
meet
or
exceed
the
amounts
initially
allocated,
the
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board
may
reallocate
amounts
from
one
purpose
to
any
of
the
1
other
purposes
for
that
fiscal
year
or
may
carry
the
moneys
2
allocated
to
any
one
purpose
over
to
a
future
fiscal
year
for
3
that
same
purpose
in
the
next
fiscal
year.
4
5.
The
authority
shall
submit
a
report
to
the
general
5
assembly
and
the
governor’s
office
each
year
describing
the
use
6
of
moneys
appropriated
pursuant
to
this
section
and
the
results
7
achieved
under
each
of
the
programs
receiving
fund
moneys.
8
Sec.
6.
Section
15F.203,
subsection
2,
Code
2016,
is
amended
9
to
read
as
follows:
10
2.
A
review
committee
composed
of
five
members
of
the
11
board
shall
review
community
attraction
and
tourism
program
12
applications
submitted
to
the
board
and
make
recommendations
13
regarding
the
applications
to
the
board.
The
review
committee
14
shall
consist
of
members
of
the
board
listed
in
,
with
one
15
member
from
each
congressional
district
under
section
15F.102,
16
subsection
2
,
paragraphs
paragraph
“a”
through
“c”
,
and
17
one
member
from
the
state
at
large
under
section
15F.102,
18
subsection
2,
paragraph
“b”
.
19
Sec.
7.
Section
15F.204,
subsection
8,
Code
2016,
is
amended
20
by
striking
the
subsection.
21
Sec.
8.
Section
15F.304,
subsection
2,
Code
2016,
is
amended
22
to
read
as
follows:
23
2.
A
review
committee
composed
of
eight
six
members
of
24
the
board
shall
review
vision
Iowa
program
applications
and
25
river
enhancement
community
attraction
and
tourism
project
26
applications
submitted
to
the
board
and
make
recommendations
27
regarding
the
applications
to
the
board.
The
review
committee
28
shall
consist
of
members
of
the
board
listed
in
,
with
one
29
member
from
each
congressional
district
under
section
15F.102,
30
subsection
2
,
paragraphs
“d”
through
“h”
paragraph
“a”
,
and
31
two
members
from
the
state
at
large
under
section
15F.102,
32
subsection
2,
paragraph
“b”
.
33
Sec.
9.
NEW
SECTION
.
15F.401
Sports
tourism
program.
34
1.
a.
The
authority
shall
establish,
and,
at
the
direction
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of
the
board,
shall
administer
a
sports
tourism
program
1
to
provide
financial
assistance
for
projects
that
promote
2
sporting
events
for
accredited
colleges
and
universities
and
3
professional
sporting
events
in
the
state.
4
b.
For
purposes
of
this
section:
5
(1)
“District”
means
a
regional
sports
authority
district
6
certified
under
section
15E.321.
7
(2)
“Financial
assistance”
means
assistance
provided
only
8
from
the
funds,
rights,
and
assets
legally
available
to
the
9
authority
or
the
board
and
includes
but
is
not
limited
to
10
assistance
in
the
form
of
grants,
loans,
and
forgivable
loans.
11
c.
The
authority,
by
rule,
shall
define
“accredited
colleges
12
and
universities”
,
in
consultation
with
the
college
student
aid
13
commission.
14
2.
a.
A
convention
and
visitors
bureau
or
a
district
15
may
apply
to
the
authority
for
financial
assistance
for
a
16
project
that
actively
and
directly
promotes
sporting
events
for
17
accredited
colleges
and
universities
and
professional
sporting
18
events
in
the
area
served
by
the
convention
and
visitors
bureau
19
or
the
district.
20
b.
A
convention
and
visitors
bureau
or
a
district
may
apply
21
for
and
receive
financial
assistance
for
more
than
one
project.
22
c.
A
convention
and
visitors
bureau
or
a
district
may
apply
23
for
financial
assistance
for
a
project
that
spans
multiple
24
fiscal
years
or
may
apply
for
renewal
of
financial
assistance
25
awarded
in
a
prior
year
if
all
applicable
contractual
26
requirements
are
met.
The
decision
as
to
whether
to
renew
27
an
award
shall
be
at
the
discretion
of
the
board.
The
board
28
may
adopt
by
rule
certain
metrics
and
return
on
investment
29
estimates
for
purposes
of
this
paragraph.
The
authority
may
30
include
such
metrics
and
estimates
in
a
program
agreement
31
executed
pursuant
to
this
section.
32
d.
A
convention
and
visitors
bureau
may
apply
to
the
33
board
for
financial
assistance
pursuant
to
this
section
and
34
a
district
may
apply
to
the
authority
for
district
financial
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assistance,
but
a
convention
and
visitors
bureau
shall
not
in
1
the
same
year
receive
financial
assistance
under
the
program
2
created
in
this
section
and
financial
assistance
as
part
of
a
3
district.
4
3.
a.
The
authority
shall
forward
all
applications
received
5
pursuant
to
this
section
to
the
board,
and
the
board
shall
6
review
the
applications
and
award
financial
assistance
on
a
7
competitive
basis.
8
b.
The
board
shall
consider
the
following
when
awarding
9
financial
assistance:
10
(1)
Impact
of
the
project
on
the
local,
regional,
and
state
11
economies.
12
(2)
Potential
to
attract
Iowans
and
out-of-state
visitors.
13
(3)
Amount
of
positive
advertising
or
media
coverage
the
14
project
generates.
15
(4)
Quality,
size,
and
scope
of
the
project.
16
(5)
Ratio
of
public-to-private
investment.
17
4.
An
applicant
shall
demonstrate
matching
funds
in
order
18
to
receive
financial
assistance
pursuant
to
this
section.
The
19
amount
of
matching
funds
that
may
be
required
shall
be
at
the
20
board’s
discretion.
The
board
may
waive
this
requirement
for
21
good
cause
shown.
22
5.
The
board
shall
make
final
funding
decisions
on
23
each
application
and
may
approve,
deny,
defer,
or
modify
24
applications
for
financial
assistance
under
the
program,
in
25
its
discretion,
in
order
to
fund
as
many
projects
with
the
26
moneys
available
as
possible.
The
board
and
the
authority
may
27
negotiate
with
applicants
regarding
the
details
of
projects
and
28
the
amount
and
terms
of
any
award.
In
making
final
funding
29
decisions
pursuant
to
this
subsection,
the
board
and
the
30
authority
are
exempt
from
chapter
17A.
31
6.
a.
A
convention
and
visitors
bureau
or
district
may
use
32
financial
assistance
received
under
the
program
for
marketing,
33
promotions,
infrastructure,
and
other
purposes
directly
related
34
to
the
promotion
and
operation
of
the
sporting
event.
Whether
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an
activity
or
individual
cost
item
is
directly
related
to
the
1
promotion
and
operation
of
the
sporting
event
shall
be
within
2
the
discretion
of
the
authority.
3
b.
All
applications
to
the
board
for
financial
assistance
4
shall
be
made
at
least
ninety
days
prior
to
an
event’s
5
scheduled
date.
A
convention
and
visitors
bureau
or
district
6
shall
not
use
financial
assistance
received
under
the
program
7
as
reimbursement
for
completed
projects.
8
7.
A
convention
and
visitors
bureau
or
district
receiving
9
financial
assistance
shall
provide
an
annual
report
to
the
10
authority
for
years
in
which
it
receives
financial
assistance
11
under
this
section.
The
report
shall
include
the
information
12
the
authority
deems
relevant.
13
8.
Each
applicant
receiving
an
award
of
financial
14
assistance
from
the
board
shall
enter
into
an
agreement
with
15
the
authority.
The
agreement
shall
contain
such
terms
and
16
conditions
as
the
board
may
place
on
the
award
or
the
authority
17
may
deem
necessary
for
the
efficient
administration
of
the
18
program
established
in
this
subchapter.
19
9.
The
authority,
with
the
approval
of
the
board,
may
adopt
20
rules
for
the
administration
of
this
subchapter.
21
Sec.
10.
NEW
SECTION
.
15F.402
Sports
program
fund.
22
1.
a.
The
authority
shall
establish
a
fund
pursuant
to
23
section
15.106A,
subsection
1,
paragraph
“o”
,
for
purposes
24
of
financing
sports
tourism
projects
as
described
in
this
25
subchapter.
The
fund
established
for
purposes
of
this
section
26
may
be
administered
as
a
revolving
fund
and
may
consist
of
any
27
moneys
appropriated
by
the
general
assembly
for
purposes
of
28
this
section
and
any
other
moneys
that
are
lawfully
available
29
to
the
authority.
30
b.
Notwithstanding
section
8.33,
moneys
in
a
fund
31
established
for
purposes
of
this
section
at
the
end
of
each
32
fiscal
year
shall
not
revert
to
any
other
fund
but
shall
remain
33
in
the
fund
for
expenditure
for
subsequent
fiscal
years.
34
c.
Notwithstanding
section
12C.7,
subsection
2,
interest
or
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earnings
on
moneys
in
the
fund
shall
be
credited
to
the
fund.
1
2.
a.
Moneys
in
the
fund
are
appropriated
to
the
authority
2
for
purposes
of
providing
financial
assistance
to
convention
3
and
visitors
bureaus
and
districts
under
the
sports
tourism
4
program
established
and
administered
pursuant
to
this
5
subchapter.
6
b.
The
board
in
its
discretion
shall
allocate
the
available
7
moneys
in
the
fund
among
the
programs
described
in
paragraph
“a”
8
in
the
amounts
determined
by
the
board.
9
DIVISION
II
10
CONFORMING
PROVISIONS
11
Sec.
11.
Section
12.71,
subsection
1,
Code
2016,
is
amended
12
to
read
as
follows:
13
1.
The
treasurer
of
state
may
issue
bonds
upon
the
request
14
of
the
vision
enhance
Iowa
board
created
in
section
15F.102
and
15
do
all
things
necessary
with
respect
to
the
purposes
of
the
16
vision
Iowa
fund.
The
treasurer
of
state
shall
have
all
of
17
the
powers
which
are
necessary
to
issue
and
secure
bonds
and
18
carry
out
the
purposes
of
the
fund.
The
treasurer
of
state
may
19
issue
bonds
in
principal
amounts
which,
in
the
opinion
of
the
20
board,
are
necessary
to
provide
sufficient
funds
for
the
vision
21
Iowa
fund
created
in
section
12.72
,
the
payment
of
interest
22
on
the
bonds,
the
establishment
of
reserves
to
secure
the
23
bonds,
the
costs
of
issuance
of
the
bonds,
other
expenditures
24
of
the
treasurer
of
state
incident
to
and
necessary
or
25
convenient
to
carry
out
the
bond
issue
for
the
fund,
and
all
26
other
expenditures
of
the
board
necessary
or
convenient
to
27
administer
the
fund;
provided,
however,
excluding
the
issuance
28
of
refunding
bonds,
bonds
issued
pursuant
to
this
section
shall
29
not
be
issued
in
an
aggregate
principal
amount
which
exceeds
30
three
hundred
million
dollars.
The
bonds
are
investment
31
securities
and
negotiable
instruments
within
the
meaning
of
and
32
for
purposes
of
the
uniform
commercial
code,
chapter
554
.
33
Sec.
12.
Section
12.72,
subsection
1,
Code
2016,
is
amended
34
to
read
as
follows:
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1.
A
vision
Iowa
fund
is
created
and
established
as
a
1
separate
and
distinct
fund
in
the
state
treasury.
The
moneys
2
in
the
fund
are
appropriated
to
the
vision
enhance
Iowa
3
board
for
purposes
of
the
vision
Iowa
program
established
in
4
section
15F.302
.
Moneys
in
the
fund
shall
not
be
subject
to
5
appropriation
for
any
other
purpose
by
the
general
assembly,
6
but
shall
be
used
only
for
the
purposes
of
the
vision
Iowa
7
fund.
The
treasurer
of
state
shall
act
as
custodian
of
the
8
fund
and
disburse
moneys
contained
in
the
fund
as
directed
9
by
the
vision
enhance
Iowa
board,
including
automatic
10
disbursements
of
funds
received
pursuant
to
the
terms
of
bond
11
indentures
and
documents
and
security
provisions
to
trustees.
12
The
fund
shall
be
administered
by
the
vision
enhance
Iowa
13
board
which
shall
make
expenditures
from
the
fund
consistent
14
with
the
purposes
of
the
vision
Iowa
program
without
further
15
appropriation.
An
applicant
under
the
vision
Iowa
program
16
shall
not
receive
more
than
seventy-five
million
dollars
in
17
financial
assistance
from
the
fund.
18
Sec.
13.
Section
12.75,
subsection
1,
Code
2016,
is
amended
19
to
read
as
follows:
20
1.
The
vision
enhance
Iowa
board
may
undertake
a
project
21
for
two
or
more
applicants
jointly
or
for
any
combination
22
of
applicants,
and
may
combine
for
financing
purposes,
with
23
the
consent
of
all
of
the
applicants
which
are
involved,
the
24
project
and
some
or
all
future
projects
of
any
applicant,
and
25
sections
12.71
,
12.72
,
and
12.74
,
this
section
,
and
sections
26
12.76
and
12.77
apply
to
and
for
the
benefit
of
the
vision
27
enhance
Iowa
board
and
the
joint
applicants.
However,
the
28
money
set
aside
in
a
fund
or
funds
pledged
for
any
series
or
29
issue
of
bonds
or
notes
shall
be
held
for
the
sole
benefit
30
of
the
series
or
issue
separate
and
apart
from
money
pledged
31
for
another
series
or
issue
of
bonds
or
notes
of
the
treasurer
32
of
state.
To
facilitate
the
combining
of
projects,
bonds
or
33
notes
may
be
issued
in
series
under
one
or
more
resolutions
or
34
trust
agreements
and
may
be
fully
open-ended,
thus
providing
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for
the
unlimited
issuance
of
additional
series,
or
partially
1
open-ended,
limited
as
to
additional
series.
2
Sec.
14.
Section
15.108,
subsection
5,
paragraph
c,
Code
3
2016,
is
amended
to
read
as
follows:
4
c.
Coordinate
and
develop
with
the
department
of
5
transportation,
the
department
of
natural
resources,
the
6
department
of
cultural
affairs,
the
vision
enhance
Iowa
7
board,
other
state
agencies,
and
local
and
regional
entities
8
public
interpretation,
marketing,
and
education
programs
that
9
encourage
Iowans
and
out-of-state
visitors
to
participate
in
10
the
recreational
and
leisure
opportunities
available
in
Iowa.
11
The
authority
shall
establish
and
administer
a
program
that
12
helps
connect
both
Iowa
residents
and
residents
of
other
states
13
to
new
and
existing
Iowa
experiences
as
a
means
to
enhance
the
14
economic,
social,
and
cultural
well-being
of
the
state.
The
15
program
shall
include
a
broad
range
of
new
opportunities,
both
16
rural
and
urban,
including
main
street
destinations,
green
17
space
initiatives,
and
artistic
and
cultural
attractions.
18
Sec.
15.
Section
15E.321,
Code
2016,
is
amended
by
adding
19
the
following
new
subsection:
20
NEW
SUBSECTION
.
3A.
Each
district
may
apply
for
and
21
receive
financial
assistance
under
the
sports
tourism
program
22
established
by
the
authority
pursuant
to
section
15F.401.
23
DIVISION
III
24
TRANSITION
PROVISIONS
25
Sec.
16.
BOARD
COOPERATION
——
TRANSITION
PROVISIONS.
The
26
economic
development
authority
shall
ensure
the
effective
27
transition
of
powers
and
duties
from
the
vision
Iowa
board
28
to
the
enhance
Iowa
board
in
implementing
this
Act.
The
29
initial
members
of
the
enhance
Iowa
board
shall
be
appointed
by
30
September
1,
2016.
31
EXPLANATION
32
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
33
the
explanation’s
substance
by
the
members
of
the
general
assembly.
34
This
bill
relates
to
economic
development
by
establishing
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an
enhance
Iowa
board
to
assume
the
powers
and
duties
of
1
the
vision
Iowa
board
and
additional
powers
and
duties,
2
establishing
an
enhance
Iowa
fund,
establishing
a
sports
3
tourism
program
and
fund,
and
making
appropriations.
4
Under
the
bill,
the
current
vision
Iowa
board
is
replaced
5
with
a
new
enhance
Iowa
board
(board)
to
direct
community
6
attraction
and
tourism
development.
The
board
is
required
7
to
be
located
within
the
Iowa
economic
development
authority
8
(authority)
for
administrative
purposes.
The
board
is
required
9
to
consist
of
two
members
from
each
of
the
state’s
four
10
congressional
districts
and
three
statewide
members,
appointed
11
by
the
governor
and
subject
to
confirmation
by
the
senate.
Of
12
these
voting
members,
one
person
is
required
to
be
selected
by
13
the
board
of
the
Iowa
natural
heritage
foundation,
one
person
14
is
required
to
have
professional
experience
in
finance
or
15
investment
banking,
one
person
is
required
to
have
professional
16
experience
in
the
tourism
industry,
one
person
is
required
17
to
have
professional
experience
in
architecture
or
historic
18
preservation,
one
person
is
required
to
have
professional
19
experience
in
cultural
attractions
and
programming,
and
six
20
persons
are
required
to
be
actively
employed
in
the
private,
21
for-profit
sector
of
the
economy
and
each
possess
substantial
22
expertise
in
economic
development.
The
bill
requires
that
23
each
voting
member
of
the
board
serve
on
one
of
two
review
24
committees:
the
community
attraction
and
tourism
program
25
application
review
committee
or
the
vision
Iowa
program
and
26
river
enhancement
community
attraction
and
tourism
project
27
application
review
committee.
28
The
board
is
also
required
to
include
four
ex
officio,
29
nonvoting
legislative
members
and
four
ex
officio,
nonvoting
30
executive
branch
representatives.
The
ex
officio
executive
31
branch
members
are
to
include
the
director
of
the
economic
32
development
authority,
the
director
of
the
department
of
33
transportation,
the
director
of
the
department
of
natural
34
resources,
the
director
of
the
department
of
cultural
affairs,
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or
the
designees
of
those
directors.
The
bill
provides
for
the
1
terms
of
all
voting
and
nonvoting
members,
for
the
compensation
2
of
members
for
expenses,
for
the
filling
of
vacancies
on
the
3
board,
and
sets
a
quorum
for
the
operation
of
the
board.
The
4
bill
requires
that
the
governor
designate
a
chairperson
and
5
vice
chairperson
of
the
board
and
makes
provisions
for
the
6
election
of
a
temporary
chairperson
in
case
of
absence
or
7
disability
of
the
chairperson
and
vice
chairperson.
8
Under
the
bill,
the
board
assumes
responsibility
for
9
overseeing
programs
previously
under
the
vision
Iowa
board.
10
The
bill
also
requires
that
the
board
oversee
a
sports
tourism
11
program
and
fund
and
oversee
the
community
attraction
and
12
tourism
program
and
community
attraction
and
tourism
fund
and
13
the
river
enhancement
community
attraction
and
tourism
fund.
14
The
bill
requires
the
authority
to
establish
an
enhance
Iowa
15
fund
and
provides
for
a
contingent
fiscal
year
appropriation
of
16
$25
million
from
the
general
fund
of
the
state
to
the
enhance
17
Iowa
fund.
The
bill
provides
for
appropriations
in
that
amount
18
for
10
fiscal
years,
beginning
with
the
2016-2017
fiscal
year.
19
Under
the
bill,
the
$25
million
appropriation
occurs
only
if
20
the
general
fund
receives
a
transfer
of
over
$100
million
21
in
that
fiscal
year
from
the
Iowa
economic
emergency
fund,
22
pursuant
to
Code
section
8.55.
Moneys
in
the
fund
shall
not
23
revert
to
the
general
fund
and
interest
and
earnings
on
the
24
fund
are
required
to
be
credited
to
the
fund.
25
The
bill
requires
that
the
authority
allocate
moneys
in
26
the
fund
to
specified
funds
or
for
specified
purposes
and
27
to
provide
an
annual
report
to
the
general
assembly
and
the
28
governor.
The
bill
provides
the
board
with
discretion
to
29
reallocate
amounts
from
one
purpose
to
other
purposes,
if
it
30
determines
that
demand
for
one
purpose
will
not
meet
or
exceed
31
the
amounts
allocated
for
that
purpose.
The
bill
provides
for
32
the
following
allocations
in
years
when
the
fund
receives
an
33
allocation:
34
1.
$250,000
for
administration,
expenses,
and
compensation
35
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of
board
members,
and
marketing
enhance
Iowa
programs.
1
2.
$1
million
for
deposit
in
the
sports
program
fund.
2
3.
$2
million
for
deposit
in
the
community
attraction
and
3
tourism
fund.
4
4.
$2
million
for
deposit
in
the
river
enhancement
community
5
attraction
and
tourism
fund.
6
5.
$6
million
for
allocation
as
grants,
at
the
discretion
7
of
the
board,
to
the
department
of
natural
resources,
the
8
department
of
transportation,
or
the
department
of
agriculture
9
and
land
stewardship.
Of
the
$6
million,
$2
million
is
10
allocated
for
improving
state
parks
infrastructure,
financing
11
low
head
dam
mitigation
or
removal
projects,
or
funding
12
projects
under
the
natural
resources
account
in
the
natural
13
resources
and
outdoor
recreation
trust
fund.
Of
the
$6
14
million,
$2
million
is
allocated
for
funding
projects
under
15
the
watershed
protection
account
in
the
natural
resources
and
16
outdoor
recreation
trust
fund.
Of
the
$6
million,
the
final
17
$2
million
is
allocated
for
funding
projects
under
the
trails
18
account
in
the
natural
resources
and
outdoor
recreation
trust
19
fund.
Under
the
bill,
the
departments
of
natural
resources,
20
transportation,
and
agriculture
and
land
stewardship
are
21
required
to
submit
applications
to
the
board
for
each
project
22
to
be
funded
from
the
$6
million
allocation
and
the
board
is
23
required
to
prioritize
the
projects
and
negotiate
with
the
24
departments
on
which
projects
to
fund.
25
6.
$13.75
million
for
allocation,
at
the
discretion
of
the
26
board,
to
the
above-listed
funds,
programs,
and
purposes.
27
The
bill
requires
the
authority
to
establish
a
sports
28
tourism
program,
at
the
direction
of
the
board.
The
program’s
29
purpose
is
to
provide
financial
assistance
for
projects
30
that
promote
sporting
events
for
accredited
colleges
and
31
universities
and
professional
sporting
events
in
the
state.
32
The
bill
provides
that
the
term
“financial
assistance”
includes
33
assistance
in
the
form
of
grants,
loans,
and
forgivable
loans.
34
The
bill
requires
the
authority
to
define
the
term
“accredited
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colleges
and
universities”
by
rule,
in
consultation
with
the
1
college
student
aid
commission.
2
The
bill
establishes
a
sports
tourism
program.
Under
3
the
bill,
a
convention
and
visitors
bureau
(bureau)
or
a
4
regional
sports
authority
district
(district)
may
apply
to
the
5
authority
for
financial
assistance
for
a
project
that
actively
6
and
directly
promotes
sporting
events
in
the
area
served
by
7
the
bureau
or
district.
The
bill
specifies
that
a
bureau
or
8
district
may
apply
for
and
receive
financial
assistance
for
9
more
than
one
project,
but
a
bureau
shall
not
receive
financial
10
assistance
under
the
program
and
financial
assistance
under
11
the
program
as
part
of
a
district
in
the
same
year.
The
bill
12
specifies
that
a
bureau
or
district
may
apply
for
financial
13
assistance
for
a
project
that
spans
multiple
fiscal
years
or
14
may
apply
for
renewal
of
financial
assistance
awarded
in
a
15
prior
year.
Under
the
bill,
the
board
has
the
discretion
as
to
16
whether
to
renew
an
award.
The
bill
provides
that
the
board
17
may
adopt
certain
metrics
and
return
on
investment
estimates
18
for
purposes
of
multiyear
awards
and
renewal
decisions.
Under
19
the
bill,
a
bureau
may
apply
to
the
board
for
financial
20
assistance
under
the
sports
tourism
program
and
a
district,
21
under
Code
section
15E.321,
may
apply
to
the
authority
for
22
district
financial
assistance.
23
The
bill
requires
the
board
to
review
the
applications
under
24
the
sports
tourism
program
and
award
financial
assistance
on
a
25
competitive
basis.
The
board
is
required
to
consider
project
26
impacts,
potential
to
attract
Iowans
and
visitors,
advertising
27
and
media
coverage,
investment
ratios,
and
the
quality,
size,
28
and
scope
of
the
project
in
awarding
financial
assistance
29
under
the
program.
The
bill
requires
that
program
applicants
30
demonstrate
matching
funds,
but
permits
the
board
to
waive
this
31
requirement.
32
The
bill
requires
that
the
board
make
final
funding
33
decisions
on
each
application
and
allows
the
board
to
approve,
34
deny,
defer,
or
modify
applications
for
financial
assistance
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under
the
program.
The
bill
allows
the
board
and
the
authority
1
to
negotiate
with
applicants
regarding
the
details
of
projects
2
and
the
amount
and
terms
of
any
award.
The
bill
specifies
that
3
the
board
and
the
authority
are
exempt
from
Code
chapter
17A
in
4
making
final
funding
decisions
under
the
program.
5
Under
the
bill,
a
bureau
or
district
receiving
a
sports
6
tourism
program
award
may
use
financial
assistance
received
7
for
marketing,
promotions,
infrastructure,
and
other
purposes
8
directly
related
to
the
promotion
and
operation
of
the
sporting
9
event.
The
bill
requires
that
all
applications
for
financial
10
assistance
under
the
program
be
made
at
least
90
days
prior
to
11
an
event’s
scheduled
date
and
prohibits
a
bureau
or
district
12
from
using
financial
assistance
received
under
the
program
as
13
reimbursement
for
completed
projects.
The
bill
requires
that
a
14
bureau
or
district
receiving
financial
assistance
provide
an
15
annual
report
to
the
authority
for
years
in
which
it
receives
16
financial
assistance
under
the
program
and
requires
that
each
17
applicant
receiving
an
award
from
the
board
enter
into
an
18
agreement
with
the
authority.
The
bill
provides
that
such
an
19
agreement
shall
contain
such
terms
and
conditions
as
the
board
20
may
place
on
the
award
or
as
the
authority
may
deem
necessary
21
for
the
efficient
administration
of
the
sports
tourism
program.
22
The
bill
requires
the
authority
to
establish
a
fund
for
23
the
purposes
of
financing
sports
tourism
projects.
The
bill
24
specifies
that
the
authority
may
administer
the
fund
as
a
25
revolving
fund.
Moneys
in
the
fund
shall
not
revert
to
the
26
general
fund
of
the
state
and
interest
and
earnings
on
the
fund
27
are
required
to
be
credited
to
the
fund.
Moneys
in
the
fund
are
28
appropriated
to
the
authority
to
provide
financial
assistance
29
to
the
bureaus
and
districts
under
the
sports
tourism
program.
30
The
bill
strikes
Code
language
that
provided
annual
fiscal
31
year
appropriations
from
the
rebuild
Iowa
infrastructure
fund
32
to
the
community
attraction
and
tourism
fund
for
fiscal
years
33
beginning
on
July
1,
2004,
and
ending
on
June
30,
2015.
34
The
bill
makes
conforming
changes
related
to
transitioning
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the
powers
and
duties
of
the
vision
Iowa
board
to
the
enhance
1
Iowa
board.
The
bill
also
requires
that
the
authority
ensure
2
the
effective
transition
of
powers
and
duties
from
the
vision
3
Iowa
board
to
the
enhance
Iowa
board
in
implementing
the
bill,
4
and
provides
that
initial
members
of
the
enhance
Iowa
board
be
5
appointed
by
September
1,
2016.
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