HF 2633: Providing for the use of appropriations to the economic development authority for the certified site program, and including effective date provisions

What it does

In 2023, the general assembly appropriated $11.7 million to the economic development authority (IEDA) from the Iowa skilled worker and job creation fund for FY 2023-2024 for purposes of providing assistance for the high quality jobs program. Pursuant to the appropriation, those moneys are also authorized for use in FY 2024-2025. This bill allocates a portion of that appropriation for use by IEDA for certification costs associated with IEDA’s certified site program. Moneys so allocated must be used to certify sites in counties with a population of less than 50,000 (88 counties) and to certify at least two sites in each of Iowa’s four U.S. congressional districts. The bill takes effect upon enactment.

Lobbying · 7 for, 0 against

For: Cedar Rapids Metro Economic Alliance; Greater Des Moines Partnership; Iowa Association of Business and Industry (ABI); Iowa Chamber Alliance; Marshalltown Area Chamber of Commerce; MidAmerican Energy Company; Professional Developers of Iowa (PDI)

In plain words

1. February 28, 2024Filed in the House