|LAWS OF THE 2001 REGULAR SESSION
OF THE SEVENTY-NINTH
GENERAL ASSEMBLY OF THE STATE OF IOWA
Section 1. Section 15A.1, Code 2001, is amended by adding the following new subsection:
NEW SUBSECTION. 5. In addition to the other requirements of this section, a state agency may give additional consideration or additional points in the application of rating or evaluation criteria in providing a grant, loan, or other financial assistance for economic development-related purposes to a person or business for whose benefit the financial assistance is to be provided if the person or business is located in an area that meets one of the following criteria:
a. The area is a brownfield site as defined in section 15.291.
b. The area is a blighted area as defined in section 403.17.
c. The area is located in a city or county that meets the distress criteria provided under the enterprise zone program in section 15E.194, subsection 1 or 2.
Approved May 22, 2001
Updated: 29-Oct-2001 03:45 PM