Bills › 89th General Assembly
Making an appropriation to the Iowa small business relief program, and including effective date provisions
Topics:State budget
Where it is now
- Done: IntroducedFebruary 18, 2021
- Stopped: SubcommitteeDied when the General Assembly ended
- Next: House committee
- Next: Passes the House
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2022 session adjourned on May 24, 2022, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
For the fiscal year beginning July 1, 2020, and ending June 30, 2021, this bill appropriates $100 million from the general fund of the state to the economic development authority for the Iowa small business relief program (program). The bill expands eligibility under the program to include sole proprietors that were an established business prior to March 17, 2020, who are owners and that had no employees; and businesses that employed up to individuals prior to March 17, 2020. Current eligibility under the program includes sole proprietors that had at least one part-time or full-time employee other than the owner, and businesses that employed between and employees.
Read the full explanation
The moneys appropriated that remain unencumbered or unobligated at the close of the fiscal year do not revert and remain available for expenditure for the program until June 30, 2022. The bill is effective upon enactment.
Similar bills
- SF 325 Relating to the Iowa small business relief program, making appropriations, and including e…89th General Assembly · In committeeVery similar
Matched by wording or an identical title.