Assistance for certain programs and projects.

; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; courier new tur ; arial (vietnamese) ; courier new (arabic) ; times new roman ce ; tahoma (vietnamese) ; arial (hebrew) ; times new roman cyr ; courier new greek ; symbol ; tahoma (hebrew) ; arial ; arial baltic ; arial tur ; times new roman (arabic) ; courier new ; imperial bt ; tahoma ce ; wingdings ; tahoma cyr ; times new roman tur ; courier new ce ; tahoma ; courier new (hebrew) ; arial (arabic) ; courier new baltic ; courier new cyr ; times new roman ; tahoma baltic ; tahoma (arabic) ; arial ce ; courier new (vietnamese) ; tahoma (thai) ; times new roman greek ; tahoma greek ; tahoma tur ; times new roman (hebrew) ; times new roman baltic ; times new roman (vietnamese) ; arial greek ; arial cyr ; \* .;
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 ?; ; ; Normal ; heading 1 ; heading 2 ; heading 3 ; heading 4 ; heading 5 ; heading 6 ; heading 7 ; heading 8 ; heading 9 ; Balloon Text ; Block Text ; Body Text ; Body Text 2 ; Body Text 3 ; Body Text First Indent ; Body Text First Indent 2 ; Body Text Indent 2 ; Body Text Indent 3 ; caption ; Closing ; annotation text ; annotation subject ; Date ; Document Map ; E-mail Signature ; endnote text ; envelope address ; envelope return ; footer ; footnote text ; header ; HTML Address ; HTML Preformatted ; index 1 ; index 2 ; index 3 ; index 4 ; index 5 ; index 6 ; index 7 ; index 8 ; index 9 ; index heading ; List ; List 2 ; List 3 ; List 4 ; List 5 ; List Bullet ; List Bullet 2 ; List Bullet 3 ; List Bullet 4 ; List Bullet 5 ; List Continue ; List Continue 2 ; List Continue 3 ; List Continue 4 ; List Continue 5 ; List Number ; List Number 2 ; List Number 3 ; List Number 4 ; List Number 5 ; macro ; Message Header ; Normal (Web) ; Normal Indent ; Note Heading ; Plain Text ; Salutation ; Signature ; Subtitle ; table of authorities ; table of figures ; Title ; toa heading ; toc 1 ; toc 2 ; toc 3 ; toc 4 ; toc 5 ; toc 6 ; toc 7 ; toc 8 ; toc 9 ; \~\~ \~\~ \~\~ \~\~ \~\~ 15.111 \~\~ Assistance for certain programs and projects. \~\~ 1. \~\~ a. \~\~ Under the authority provided in section 15.106A , there shall be established one or more funds within the state treasury, under the control of the authority, to be used for purposes of this section . \~\~ b. \~\~ A fund established for purposes of this section shall consist of any moneys appropriated to the authority for purposes of this section , or moneys otherwise accruing to the authority and deposited in the fund for purposes of this section . \~\~ c. \~\~ Interest or earnings on moneys in a fund used for the purposes of this section , and all repayments or recaptures of the assistance provided under this section , shall accrue to the authority and shall be used for purposes of this section , notwithstanding section 12C.7 . Moneys in a fund are not subject to section 8.33 . \~\~ 2. \~\~ a. \~\~ The moneys in a fund established for purposes of this section , as described in subsection 1 , shall be allocated by the authority in appropriate amounts to be used for the following purposes: \~\~ (1) \~\~ For program support. For purposes of this subparagraph, “program support” means the services necessary for the efficient administration of a program administered by the authority, including but not limited to administrative costs, conducting a statewide laborshed study in coordination with the department of workforce development, outreach to business and marketing programs, the procurement of technical assistance, and the implementation of information technology. \~\~ (2) \~\~ For deposit in the innovation and commercialization development fund created pursuant to section 15.412 . \~\~ (3) \~\~ For providing financial assistance to businesses engaged in disaster recovery. For purposes of this subparagraph, “business engaged in disaster recovery” means a business located in an area declared a disaster area by a federal official, that has sustained physical damage, has closed as a result of a natural disaster, and has a plan for reopening that includes employing a substantial number of the employees the business employed before the natural disaster occurred. \~\~ (4) \~\~ For deposit in the entrepreneur investment awards program fund pursuant to section 15E.363 . \~\~ (5) \~\~ For deposit in a fund created for purposes of the strategic infrastructure program established pursuant to section 15.313 . \~\~ (6) \~\~ For deposit in the nuisance property remediation fund established pursuant to section 15.338 . \~\~ (7) \~\~ For deposit in the community catalyst building remediation fund established pursuant to section 15.231 . \~\~ (8) \~\~ For providing financial assistance to eligible businesses for the business incentives for growth program pursuant to section 15.504 . \~\~ b. \~\~ Each fiscal year, the authority shall estimate the amount of revenues available for purposes of this section and shall develop a budget appropriate for the expenditure of the revenues available. 2025 Acts, ch 136, §8, 20 Referred to in §8.55 , 15.511 , 15E.351 NEW section