A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and state board of regents and certain regents institutions, and codifying the housing renewal program.
Signed by Governor. H.J. 1169.
Summary
The bill allocates more than $30 million to the Economic Development Authority, Iowa Finance Authority, Department of Workforce Development, and state universities, and it creates a housing renewal program funded by a new state treasury account. It sets goals for the Economic Development Authority, requires reporting, and places hiring restrictions on jobs created with state money. The measures aim to boost jobs, attract businesses, improve workforce skills, and revitalize low‑income housing.
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