HF 700 — A bill for an act establishing a dairy innovation fund and program to be administered by the department of agriculture and land stewardship.

KimHouse RFile e700 y- nEnrolled oHouse lFile d700 sAN OACT fESTABLISHING f i c e o f t h e G o v e r n o r A dDAIRY aINNOVATION mFUND GreggAND GPROGRAM OTO VBE EADMINISTERED RBY NTHE ODEPARTMENT ROF LAGRICULTURE TAND gLAND oSTEWARDSHIP. v e r n o r May 26,2023 The Honorable Paul Pate SecretaryofStateofIowa StateCapitol Des Moines.Iowa 50319 Dear Mr.Secretary.

Iherebytransmit:BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

HouseSection File700,an1. Actestablishingadairyinnovationfundand programtobe administeredbythedepartmentofagricultureandlandstewardship.

Theabove House isherebyapprovedon thisdate.

Sincere!).

Kim Rev Go\'eri cc:

SecretaryoftheSenate Clerk of the House state CAPITOL DES MOINES,IOWA 50319 515.281.5211 FAX 515.725.352WWW.GOVERNOR.IOWA.GOV e ^i2E® ftfllGHT Will majntai G E N E R A L .

A S S I L M B I .

Y i H o u s e F i l e 7 0 0 A N A C T E S T A B L I S H I N G A D A I R Y I N N O V A T I O N F U N D A N D P R O G R A M T O B E A D M I N I S T E R E D B Y T H E D E P A R T M E N T O F A G R I C U L T U R E A N D L A N D S T E W A R D S H I P , B E I T E N A C T E D B Y T H E G E N E R A L A S S E M B L Y O F T H E S T A T E O F I O W A Section 1.

159.31A Dairy innovation fund and pprogram. r o g r a m .

1.

a,a. "^Financial assistance" means assistance provided only from the moneys and assets legally available to the department pursuant to this section and includes assistance in the form of grants, low-interest loans, and forgivable loans.

b,“Financial "^Fund"assistance” means assistance provided only from the dairymoneys innovationand fund.assets legally available to the department pursuant to this section and includes assistance in the form of grants, low-interest loans, and forgivable loans.

b.

“Fund” means the dairy innovation fund.

2 c,c. ^Located i n " means the place or places at which a business's operations are located and where at least ninety-eight percent of the business's employees work, or where employees that are paid at least ninety-eight percent of the business's payroll work.

d,“Located ^Program"in” means the dairyplace innovationor program.places at which a business’s operations are located and where at least ninety-eight percent of the business’s employees work, or where employees that are paid at least ninety-eight percent of the business’s payroll work.

d.

“Program” means the dairy innovation program.

Expand or refurbish existing milk plants or establish a new milk plant, operating pursuant to a permit issued pursuant tto osection s192.111. e c t i o n 1 9 2 .

1 1 1 .

The department shall establish eligibility criteria for House File 700, p>p. 3 the program by rule.

The3 eligibilitythe criteriaprogram mustby includerule. all of the following;

aThe .eligibility criteria must include all of the following:

Ta. h eb u s i nm u sb el o c a ti nt h is t a t e .

The business must be located in this state.

The business must only employ individuals legally aauthorized uto twork hin othis rstate. t ow o ri nt h i s s t a t e .

A financial assistance award shall not exceed the amount of eligible project costs included in the eligible business'sbusiness’s application.

The department shall adopt rules pursuant to chapter 17A tto oadminister athis dsection. m i n it h i s s e c t i o n .

DIRECTIONS TO CODE EDITOR ——— NEW PART.

______________________________ ______________________________ PAT GRASSL^GRASSLEY AMY SINC^IRSINCLAIR Speaker of the House President of the Senate I hereby certify that this bill originated in the House and is known as House File 700, Ninetieth General Assembly.

N______________________________ EMEGHAN LNELSON SChief OClerk Nof Cthe hHouse i e f Cleo ft h e H o u s e Approved ,_______________, 22023 023______________________________ fa I KIM REYNOLDS /Governor G o v e r n o r