Making appropriations to the department of cultural affairs, the economic development authority, the Iowa finance authority, the public employment relations board, the department of workforce development, the state board of regents and certain regents institutions, providing for properly related matters, and including applicability provisions

This bill is organized by divisions. Division I of the bill appropriates moneys for the fiscal year 2022-2023 from the general fund of the state to the department of cultural affairs, the economic development authority, the Iowa finance authority, the public employment relations board, the department of workforce development, Iowa state university of science and technology, the state university of Iowa, and the university of northern Iowa. The division appropriates moneys for fiscal year 2022-2023 from the general fund of the state to the economic development authority for support of the butchery innovation and revitalization program, for deposit in the community attraction and tourism fund, and for broadband forward and telecommuter forward certifications. 75 to the economic development authority, the department of workforce development, and the state board of regents and institutions under the control of the board. For the fiscal year 2022-2023, the division limits standing appropriations established in the Code for the world food prize, certain operational support grants, community cultural grants, and regional tourism marketing.7 to the economic development authority. The division appropriates moneys for the fiscal year 2022-2023 from the special employment security contingency fund to the department of workforce development. The division appropriates interest earned on the unemployment compensation reserve fund for the fiscal year 2022-2023 to the department of workforce development. Moneys credited to the state by the secretary of treasury of the United States pursuant to section 903 of the Social Security Act are appropriated to the department of workforce development. The auditor of state is requested to review the audit of the Iowa finance authority performed by the auditor hired by the authority. The division requires the economic development authority to submit an annual report to the general assembly by November 1, 2022, detailing all financial assistance awarded in the prior fiscal year. Division II of the bill appropriates moneys for fiscal year 2022-2023 from the general fund of the state to the economic development authority for support of the dairy processing and milk production innovation and revitalization program. The contingent effective date for the appropriation is the effective date of 2022 Iowa Acts, House File 2433, or successor legislation, if enacted. Division III reduces the tax credits allocated to the high quality jobs program from no more than $70 million to no more than $68 million for the fiscal year beginning July 1, 2022, and for each fiscal year thereafter. Division IV creates an employer child tax credit for tax years beginning on or after January 1, 2023. Division V creates a housing renewal program fund in the state treasury under the control of the Iowa finance authority. Moneys in the fund are appropriated to the authority to establish and administer the housing renewal pilot program described in the division.