Title I, STATE SOVEREIGNTY AND MANAGEMENT (Ch. 1 - 38D)

1. As used in this section , “district” means a regional sports authority district certified under this section . 2. a. A convention and visitors bureau may apply to the authority for certification of a regional sports authority district which may include more than one city and m…

1. The authority shall establish and administer a business accelerator program to provide financial assistance for the establishment and operation of a business accelerator for technology-based, value-added agricultural, information solutions, alternative and renewable energy inc…

1. The authority shall establish and administer a small business disaster recovery financial assistance program. Under the program, the authority shall provide grants to administrative entities for purposes of providing financial assistance to eligible businesses that sustained p…

1. For purposes of this subchapter , unless the context otherwise requires: a. “Business development services” includes but is not limited to corporate development services, business model development services, business planning services, marketing services, financial strategies …

1. An entrepreneur investment awards program fund is created in the state treasury under the control of the authority and consisting of any moneys appropriated by the general assembly and any other moneys available to and obtained or accepted by the authority for placement in the…

1. For tax years beginning on or after January 1, 2021, but before January 1, 2025, a tax credit shall be allowed against the taxes imposed in chapter 422, subchapters II , III , and V , and in chapter 432 , and against the moneys and credits tax imposed in section 533.329 , equa…

1. As used in this section unless the context otherwise requires: a. “Department” means the department of agriculture and land stewardship. b. “Financial assistance” means assistance provided only from the funds and assets legally available to the authority pursuant to this secti…

Repealed by 2025 Acts, ch 136, §68 . For preservation of existing rights relating to investment tax credits awarded, issued, or allowed before July 1, 2026, see 2025 Acts, ch 136, §77

1. For purposes of this section, unless the context otherwise requires: a. “Board” means the same as defined in section 15.102 . b. “Innovation fund” means one or more early-stage capital funds certified by the board. c. “Innovative business” means a business applying novel or or…

1. The general assembly finds the following: Fundamental changes have occurred in national and international financial markets and in the financial markets of this state. A critical shortage of seed and venture capital resources exists in the state, and such shortage is impairing…

As used in this subchapter , unless the context otherwise requires: 1. “Board” means the Iowa capital investment board created in section 15E.63 . 2. “Certificate” means a contract between the board and a designated investor pursuant to which a tax credit is available and issued …

1. The Iowa capital investment board is created as a state governmental board and the exercise by the board of powers conferred by this subchapter shall be deemed and held to be the performance of essential public purposes. The purpose of the board shall be to mobilize venture eq…

1. An Iowa capital investment corporation may be organized as a private, not-for-profit corporation under chapter 504 . The Iowa capital investment corporation is not a public corporation or instrumentality of the state and shall not enjoy any of the privileges and shall not be r…

1. The Iowa capital investment corporation shall organize the Iowa fund of funds. The Iowa fund of funds shall be authorized to make investments in private seed and venture capital partnerships or entities in a manner which will encourage the availability of a wide variety of ven…

1. The board may issue certificates and related tax credits to designated investors which, if redeemed for the maximum possible amount, shall not exceed a total aggregate of sixty million dollars of tax credits. The certificates shall be issued contemporaneously with a commitment…

This subchapter shall not be construed as a restriction or limitation upon any power which the board might otherwise have under any other law of this state and the provisions of this subchapter are cumulative to such powers. This subchapter shall be construed to provide a complet…

Investments by designated investors in the Iowa fund of funds shall be deemed permissible investments for state-chartered banks, for credit unions, and for domestic insurance companies under applicable state laws. 2002 Acts, ch 1005, §8 ; 2002 Acts, ch 1006, §13, 14 Insurance com…

The attorney general may enforce the provisions of this subchapter and conduct any investigations necessary for such enforcement. 2002 Acts, ch 1005, §9 ; 2002 Acts, ch 1006, §13, 14 ; 2017 Acts, ch 54, §76

By July 1 of each year, the Iowa fund of funds, the Iowa capital investment corporation, and designated investors shall submit a financial statement for the previous calendar year to the auditor of state. 2009 Acts, ch 179, §193

Notwithstanding section 7D.29, subsection 1 , the executive council in full consultation with the attorney general, and with the agreement of the attorney general, shall take any action deemed necessary to protect the interests of the state with respect to any certificates, tax c…

1. Organization of additional funds prohibited. Notwithstanding section 15E.65 , an Iowa fund of funds shall not be organized on or after June 20, 2013. 2. New investments by the fund of funds prohibited. Notwithstanding section 15E.65 , the Iowa fund of funds shall not make new …

As used in this chapter , unless the context otherwise requires: 1. “Authority” means the economic development authority created in section 15.105 . 2. “Board” means the economic development authority board as created in section 15.105 . 2000 Acts, ch 1174, §1 ; 2011 Acts, ch 118…

The board shall do all of the following: 1. Organize. 2. Establish the vision Iowa program and the community attraction and tourism program. 3. Oversee and provide approval of the administration of the vision Iowa program and the community attraction and tourism program by the au…

The board shall adopt administrative rules pursuant to chapter 17A necessary to administer the programs established pursuant to this chapter . The authority shall provide the board with assistance in implementing administrative functions, marketing the programs, providing technic…

The members of the board are entitled to receive reimbursement for actual expenses incurred while engaged in the performance of official duties. A member of the board may also be eligible to receive compensation as provided in section 7E.6 . 2000 Acts, ch 1174, §5

Repealed by 2025 Acts, ch 147, §11 – 13 . 2025 repeal applies to an applicant awarded financial assistance under both the vision Iowa program established in section 15F.302, and the community attraction and tourism program established in section 15F.202, prior to, on, or after Ju…

1. a. The authority shall establish a fund pursuant to section 15.106A, subsection 1 , paragraph “o” , for purposes of allocating moneys to programs specified in an appropriation made to the enhance Iowa fund. A fund established for purposes of this section may be administered as…

As used in this subchapter , unless the context otherwise requires: 1. “Fund” means the community attraction and tourism fund created in section 15F.204 . 2. “Program” means the community attraction and tourism program established in section 15F.202 . 3. “River enhancement commun…

1. The board shall establish and the authority, subject to direction and approval by the board, shall administer a community attraction and tourism program to assist communities in the development, creation, and regional marketing of multiple-purpose attraction or tourism facilit…

1. Applications for assistance under the program shall be submitted to the authority. For those applications that meet the eligibility criteria, the authority shall forward the applications to the board and provide a staff review analysis and evaluation to the community attractio…

1. A community attraction and tourism fund is created as a separate fund in the state treasury under the control of the board, consisting of any moneys appropriated by the general assembly and any other moneys available to and obtained or accepted by the board for placement in th…

1. For purposes of this section , “lake” means a lake of which the state or a political subdivision owns the lake bed up to the ordinary high water line and which is open to the use of the general public. 2. A river enhancement community attraction and tourism fund is created as …

1. Applications for assistance for river enhancement community attraction and tourism projects shall be submitted to the authority. For those applications that meet the eligibility criteria, the authority shall provide a staff review analysis and evaluation to the vision Iowa pro…

As used in this subchapter , unless the context otherwise requires: 1. “Fund” means the vision Iowa fund created in section 12.72 . 2. “Program” means the vision Iowa program established in section 15F.302 . 2000 Acts, ch 1174, §11

1. The board shall establish and the authority, subject to direction and approval by the board, shall administer a vision Iowa program to assist communities in the development of major tourism facilities. 2. A city or county or a public organization in the state may submit an app…

1. The total cost for a project must be at least twenty million dollars in order for an applicant to receive financial assistance under the program. An applicant or the board may divide a proposed project into component parts. The board may choose to provide financial assistance …

1. Applications for assistance under the program shall be submitted to the authority. For those applications that meet the eligibility criteria, the authority shall forward the applications to the board and provide a staff review and evaluation to the vision Iowa program review c…

1. a. The authority shall establish, and, at the direction of the board, shall administer a sports tourism infrastructure program to provide financial assistance for infrastructure projects supporting sporting events for organizations of accredited colleges and universities, prof…

1. Applications for assistance under the sports tourism infrastructure program established in section 15F.401 shall be submitted to the authority. For those applications that meet the eligibility criteria, the authority shall forward the applications to the board and provide a st…

1. a. The authority shall establish a fund pursuant to section 15.106A, subsection 1 , paragraph “o” , for purposes of financing sports tourism infrastructure projects as described in this subchapter . The fund established for purposes of this section may be administered as a rev…

As used in this chapter , unless the context otherwise requires: 1. “Board” means the same as defined in section 15.102 . 2. “Entity” means an Iowa nonprofit organization established to promote economic development and tourism in an area. 3. “Event” means a tourism-oriented athle…

1. The authority shall establish and administer the Iowa major events and tourism program to provide financial assistance to eligible entities that support events in this state, or support events involving a geographic region that includes this state, and the event generates larg…

1. An application for financial assistance under the program shall be submitted to the authority. For each application that meets the eligibility criteria under subsection 2 , the authority shall conduct a staff evaluation of the application and forward the application and staff …

1. a. The authority shall establish an Iowa major events and tourism fund pursuant to section 15.106A, subsection 1 , paragraph “o” , for purposes of providing financial assistance as described in this chapter . The fund may be administered as a revolving fund and shall consist o…

The general assembly finds: 1. There is a compelling need for more civic participation to solve community and state problems, and to address many of the country’s unmet social, environmental, educational, and public safety needs. 2. Promoting the capability of Iowa’s people, comm…

1. Subject to an appropriation of funds by the general assembly for this purpose, the commission shall establish a volunteer mentor program to support implementation of the future ready Iowa skilled workforce last-dollar scholarship and the future ready Iowa skilled workforce gra…