SF 2055: Permitting businesses’ new on-site daycare facilities or businesses’ expansion of existing on-site daycare facilities to qualify as projects under the high quality jobs program, and making penalties applicable

What it does

This bill permits businesses’ new on-site daycare facilities or businesses’ expansion of existing on-site daycare facilities to qualify as projects under the high quality jobs program. Under current law, the economic development authority (authority) may consider whether a proposed project will provide a licensed childcare center for a business’s employees in determining a business’s eligibility for the high quality job program (program). The bill permits the authority to provide tax incentives (incentives) or project completion assistance (assistance) under the program to a business for a project that involves a new on-site child care facility or the expansion of an existing on-site facility that offers low-cost child care for the business’s employees.

Senate subcommittee · named January 25, 2022

• Sen. Carrie Koelker (R) · carrie.koelker@legis.iowa.gov
• Sen. Herman C. Quirmbach (D) · herman.quirmbach@legis.iowa.gov
• Sen. Craig Steven Williams (R) · craig.williams@legis.iowa.gov

Lobbying · 6 for, 0 against

For: Association of Early Childhood Iowa Area Boards and Advocates; Common Good Iowa; Iowa Bankers Association; Iowa Community Action Association; Iowa Speech Language Hearing Association; Save the Children Action Network

In plain words

1. January 18, 2022Filed in the Senate and sent to the Commerce committee
2. January 25, 2022Senate subcommittee named: Koelker, Quirmbach and Williams