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.
Committee report approving bill, renumbered as HF 2772.
Summary
The bill provides $12,903,510 and up to 102.6 full‑time positions to the Economic Development Authority, directing it to expand the state economy, attract and retain businesses, and improve quality of life. It requires any jobs created with these funds to be filled by U.S. citizens or legally authorized workers and outlines specific grant programs for workforce recruitment, women‑owned startups, and advanced research, while banning funding for geothermal snow‑melt projects. Additional allocations include $500,000 for the World Food Prize and $350,000 for Iowa’s councils of governments.
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