reglab/housing_qa huggingface dataset:
IA Code § 15E.205 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.205 - Iowa agricultural industry finance corporations — requirements.

15E.205 Iowa agricultural industry finance corporations — requirements.   1. A corporation incorporated under chapter 490 is an Iowa agricultural industry finance corporation if the corporation complies with the requirements of this section and section 15E.206. In addition to the other requirements for a corporation organized under chapter 490, all of the following shall apply:   a. Agricultural producers must hold at least fifty-one percent of the corporation’s common stock and at least fifty-one percent of the corporation’s voting stock. The status of an agricultural producer shall be determined at the time of the transfer of stock from the corporation to the shareholder in a manner and as provided in the corporation’s articles of incorporation or bylaws.   b. A director of the corporation’s board of directors shall not serve for more than seven consecutive years as a board director.   c. The purpose of the corporation must be limited to providing financing to eligible persons under section 15E.209 who are engaging in Iowa agricultural industry ventures limited to establishing a business structure in which agricultural producers produce agricultural commodities for processing and marketing as agricultural processed products.   2. The requirements of this section shall be memorialized in the corporation’s articles of incorporation.  98 Acts, ch 1207, §6; 99 Acts, ch 66, §1  Referred to in §15E.208
IA Code § 15E.206 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.206 - Formation of an Iowa agricultural industry finance corporation.

15E.206 Formation of an Iowa agricultural industry finance corporation.   1. This section authorizes the formation of Iowa agricultural industry finance corporations in order to perfect the manner in which such corporations are formed and operate. Such a corporation is a private business corporation and not a public corporation or instrumentality of the state. The corporation shall not enjoy any of the privileges nor be required to comply with any of the requirements of a state agency.   2. In facilitating the formation of an Iowa agricultural industry finance corporation, the following persons shall serve as incorporators as provided in section 490.201:   a. A member of the economic development authority chosen by the members of the authority or a designee of the member.   b. The director of the economic development authority, or a designee of the director.   c. The secretary of agriculture or a designee of the secretary.   3. a. After incorporation, such a corporation shall be organized by an initial board of directors as provided in chapter 490, subchapter II. The initial board of directors shall be elected by the members of an appointment committee. The members of the appointment committee shall be appointed by the economic development authority. The initial board of directors shall consist of seven members. The members of the appointment committee shall include persons who have an expertise in areas of banking, agricultural lending, business development, agricultural production and processing, seed and venture capital investment, and other areas of expertise as deemed appropriate by the interim board of directors.   b. The members of the appointment committee shall exercise due care to assure that persons appointed to the initial board of directors have the requisite financial experience necessary in order to carry out the duties of the corporation as established in this subchapter, including in areas related to agricultural lending, commercial banking, and investment management.   c. Upon the election of the initial board of directors, the terms of the members of the appointment committee shall expire.   d. The authority shall assist the incorporators and the appointment committee in any manner determined necessary and appropriate by the economic development authority and the director of the authority in order to administer this section.  98 Acts, ch 1207, §7; 2011 Acts, ch 118, §63, 64, 84, 85, 89; 2017 Acts, ch 54, §76; 2019 Acts, ch 24, §104  Referred to in §15E.205
IA Code § 15E.207 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.207 - Iowa agricultural industry finance corporations — guiding principles.

15E.207 Iowa agricultural industry finance corporations — guiding principles.   In carrying out its duties and exercising its powers under this subchapter, an Iowa agricultural industry finance corporation shall be guided by the following principles:   1. a. The corporation must exercise diligence and care in the selection of persons and projects to receive financing as provided in section 15E.209. The corporation must apply customary and acceptable business and lending standards and practices in selecting persons and projects designated for financing and managing agreements under which financing is provided.   b. In selecting projects to receive financing, it is the intent of the general assembly that the corporation seek projects with wage, benefit, and work safety plans which improve the quality of employment in the state and which would not displace employees of existing Iowa agricultural industry ventures.   2. Except as otherwise provided in this section, the corporation shall not become an owner of real or depreciable property, including agricultural land, as provided in section 9H.4. However, this subsection shall not preclude the corporation from holding an interest in real or depreciable property if any of the following apply:   a. The corporation holds nonagricultural property for purposes of carrying out the management of its corporate affairs, including office space, furniture, and supplies.   b. The corporation holds an interest in real or depreciable property on a temporary basis, and any of the following apply:   (1) The interest is a bona fide encumbrance taken for purposes of security in connection with providing financing under section 15E.209.   (2) The interest is acquired by operation of law, including by any of the following:   (a) Devise or bequest.   (b) Court order.   (c) Dissolution under chapter 490, subchapter XIV.   (d) Order in bankruptcy.   (e) Pursuant to a proceeding to enforce a debt against real property under chapter 654, to forfeit a contract to purchase real property under chapter 656, to enforce a secured interest in real or depreciable property under chapter 554, or to otherwise garnish, levy on, execute on, seize, or attach real or depreciable property in the collection of debts, or by any procedure for the enforcement of a lien or claim.   (3) The interest is acquired in order to facilitate a transfer between persons pursuant to a transaction authorized under this subchapter.  98 Acts, ch 1207, §8; 2008 Acts, ch 1032, §201; 2017 Acts, ch 54, §76; 2019 Acts, ch 24, §104  Referred to in §15E.208, 16.79
IA Code § 15E.210 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.210 - Obligations.

15E.210 Obligations.   The obligations of the corporation are not obligations of this state or any political subdivision of this state within the meaning of any constitutional or statutory debt limitations, but are obligations of the corporation payable solely and only from the corporation’s funds. The corporation shall not pledge the credit or taxing power of this state or any political subdivision of this state or make its debts payable out of any moneys except for those of the corporation.  98 Acts, ch 1207, §11
IA Code § 15E.211 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.211 - Rules.

15E.211 Rules.   The authority may adopt rules pursuant to chapter 17A necessary to administer this subchapter.  98 Acts, ch 1207, §12; 2011 Acts, ch 118, §87, 89; 2017 Acts, ch 54, §76
IA Code § 15E.227 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.227 - Loan and credit guarantee fund.

15E.227 Loan and credit guarantee fund. Repealed by  2009 Acts, ch 123, §8  .
IA Code § 15E.231 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.231 - Economic development regions.

15E.231 Economic development regions.   In order for an economic development region to receive assistance pursuant to section 15.335B, an economic development region’s regional development plan must be approved by the authority. An economic development region shall consist of three or more contiguous counties or two or more contiguous counties and one or more public or private, nonprofit entities that have entered into an agreement to pursue mutual economic development goals with a regional focus. An economic development region shall establish a focused economic development effort that shall include a regional development plan relating to one or more of the following areas:   1. Regional marketing strategies.   2. Development of the information solutions sector.   3. Development of the advanced manufacturing sector.   4. Development of the life sciences and biotechnology sector.   5. Development of the insurance or financial services sector.   6. Physical infrastructure including, but not limited to, horizontal infrastructure, water and sewer infrastructure, and telecommunications infrastructure.   7. Entrepreneurship.   8. Development of the alternative and renewable energy sector.  2005 Acts, ch 150, §9; 2006 Acts, ch 1142, §18; 2009 Acts, ch 123, §27; 2010 Acts, ch 1138, §10, 16; 2011 Acts, ch 118, §86, 87, 89; 2012 Acts, ch 1126, §18; 2014 Acts, ch 1124, §28, 29  Allocation of funds for regional financial assistance, see §15.335B(2)(a)(2)
IA Code § 15E.233 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.233 - Economic enterprise areas.

15E.233 Economic enterprise areas.   1. An economic development region may apply to the authority for approval to be designated as an economic enterprise area based on criteria provided in subsection 3. The authority shall approve no more than ten regions as economic enterprise areas.   2. a. An approved economic enterprise area may apply to the authority for financial assistance from a fund established pursuant to section 15.335B for up to seventy-five thousand dollars each fiscal year during the fiscal period beginning July 1, 2005, and ending June 30, 2015, for any of the following purposes:   (1) Economic development-related strategic planning and marketing for the region as a whole.   (2) Economic development of fully-served business sites.   (3) The construction of speculative buildings on a fully served lot.   (4) The rehabilitation of an existing building to marketable standards.   b. In order to receive financial assistance under this subsection, an economic enterprise area must demonstrate the ability to provide local matching moneys on a basis of a one dollar contribution of local moneys for every three dollars received from a fund established pursuant to section 15.335B.   3. An economic enterprise area shall consist of at least one county containing no city with a population of more than twenty-three thousand five hundred and shall meet at least three of the following criteria:   a. A per capita income of eighty percent or less than the national average.   b. A household median income of eighty percent or less than the national average.   c. Twenty-five percent or more of the population of the economic enterprise area with an income level of one hundred fifty percent or less of the United States poverty level as defined by the most recently revised poverty income guidelines published by the United States department of health and human services.   d. A population density in the economic enterprise area of less than ten people per square mile.   e. A loss of population as shown by the 2000 certified federal census when compared with the 1990 certified federal census.   f. An unemployment rate greater than the national rate of unemployment.   g. More than twenty percent of the population of the economic enterprise area consisting of people over the age of sixty-five.  2005 Acts, ch 150, §11; 2011 Acts, ch 118, §86, 87, 89; 2013 Acts, ch 90, §12, 13  Referred to in §15E.232
IA Code § 15E.301 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.301 - Short title.

15E.301 Short title.   This subchapter shall be known as and may be cited as the “Endow Iowa Program Act”.  2003 Acts, 1st Ex, ch 1, §88, 93  [2003 enactment of section rescinded pursuant to Rants v. Vilsack, 684 N.W.2d 193]  2004 Acts, 1st Ex, ch 1001, §3, 4; 2017 Acts, ch 54, §76
IA Code § 15E.302 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.302 - Purpose.

15E.302 Purpose.   The purpose of this subchapter is to enhance the quality of life for citizens of this state through increased philanthropic activity by providing capital to new and existing citizen groups of this state organized to establish endowment funds that will address community needs. The purpose of this subchapter is also to encourage individuals, businesses, and organizations to invest in community foundations.  2003 Acts, 1st Ex, ch 1, §89, 93  [2003 enactment of section rescinded pursuant to Rants v. Vilsack, 684 N.W.2d 193]  2004 Acts, 1st Ex, ch 1001, §3, 4; 2017 Acts, ch 54, §76
IA Code § 15E.303 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.303 - Definitions.

15E.303 Definitions.   As used in this subchapter, unless the context otherwise requires:   1. “Board” means the governing board of the lead philanthropic entity identified by the authority pursuant to section 15E.304.   2. “Business” means a business operating within the state and includes individuals operating a sole proprietorship or having rental, royalty, or farm income in this state and includes a consortium of businesses.   3. “Community affiliate organization” means a group of five or more community leaders or advocates organized for the purpose of increasing philanthropic activity in an identified community or geographic area in this state with the intention of establishing a community affiliate endowment fund.   4. “Endow Iowa qualified community foundation” means a community foundation organized or operating in this state that attains the national standards established by the national council on foundations as determined by the authority in collaboration with the Iowa council of foundations.   5. “Endowment gift” means an irrevocable contribution to a permanent endowment held by an endow Iowa qualified community foundation.   6. “Lead philanthropic entity” means the entity identified by the authority pursuant to section 15E.304.  2003 Acts, 1st Ex, ch 1, §90, 93  [2003 enactment of section rescinded pursuant to Rants v. Vilsack, 684 N.W.2d 193]  2004 Acts, 1st Ex, ch 1001, §3, 4; 2005 Acts, ch 150, §71, 81; 2011 Acts, ch 118, §87, 89; 2014 Acts, ch 1124, §27; 2017 Acts, ch 54, §76  Referred to in §15E.311, 22.7(52)(a)
IA Code § 15E.305 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.305 - Endow Iowa tax credit.

15E.305 Endow Iowa tax credit.   1. For tax years beginning on or after January 1, 2003, 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 equal to twenty-five percent of a taxpayer’s endowment gift to an endow Iowa qualified community foundation. An individual may claim a tax credit under this section of a partnership, limited liability company, S corporation, estate, or trust electing to have income taxed directly to the individual. The amount claimed by the individual shall be based upon the pro rata share of the individual’s earnings from the partnership, limited liability company, S corporation, estate, or trust. A tax credit shall be allowed only for an endowment gift made to an endow Iowa qualified community foundation for a permanent endowment fund established to benefit a charitable cause in this state. The amount of the endowment gift for which the tax credit is claimed shall not be deductible in determining taxable income for state income tax purposes. Any tax credit in excess of the taxpayer’s tax liability for the tax year may be credited to the tax liability for the following five years or until depleted, whichever occurs first. A tax credit shall not be carried back to a tax year prior to the tax year in which the taxpayer claims the tax credit.   2. The aggregate amount of tax credits authorized pursuant to this section shall not exceed a total of six million dollars annually.   a. The maximum amount of tax credits granted to a taxpayer shall not exceed five percent of the aggregate amount of tax credits authorized.   b. Ten percent of the aggregate amount of tax credits authorized in a calendar year shall be reserved for those endowment gifts in amounts of thirty thousand dollars or less. If by September 1 of a calendar year the entire ten percent of the reserved tax credits is not distributed, the remaining tax credits shall be available to any other eligible applicants.   3. A tax credit shall not be transferable to any other taxpayer.   4. The authority shall develop a system for registration and authorization of tax credits under this section and shall control the distribution of all tax credits to taxpayers providing an endowment gift subject to this section. The authority shall adopt administrative rules pursuant to chapter 17A for the qualification and administration of endowment gifts.  2003 Acts, 1st Ex, ch 2, §83, 89; 2005 Acts, ch 150, §74 – 77, 81; 2006 Acts, ch 1151, §1 – 3, 7, 8; 2007 Acts, ch 174, §89; 2008 Acts, ch 1032, §201; 2009 Acts, ch 179, §105, 106, 153; 2010 Acts, ch 1138, §17 – 19; 2011 Acts, ch 107, §1, 2; 2011 Acts, ch 118, §87, 89; 2013 Acts, ch 126, §11, 13, 14; 2020 Acts, ch 1062, §94  Referred to in §2.48, 422.11H, 422.33, 422.60, 432.12D, 533.329  Code editor directive applied
IA Code § 15E.306 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.306 - Reports.

15E.306 Reports. Repealed by  2008 Acts, ch 1122, §16  .
IA Code § 15E.321 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.321 - Regional sports authority districts.

15E.321 Regional sports authority districts.   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 more than one convention and visitors bureau within the district. The authority shall not certify more than ten such districts.   b. If more than ten applications are received in any certification year, the authority shall certify the districts on a competitive basis. In evaluating the applications for certification, the authority shall consider the economic impact to the state of the activities proposed in the application, the geographic diversity of the districts applying, and any other factors the authority deems relevant.   3. Each district shall actively promote youth sports, high school athletic activities, the special olympics, and other nonprofessional sporting events in the local area.   4. Each district may apply for and receive financial assistance under the sports tourism program established by the authority pursuant to section 15F.401.   5. Each district shall be governed by a seven-member board consisting of seven members appointed by the convention and visitors bureau filing the application pursuant to subsection 2. At least three members of the board shall consist of city council members of any cities located in the district. Each board shall be responsible for administering programs designed to promote the activities enumerated in subsection 3.  2007 Acts, ch 219, §32; 2011 Acts, ch 118, §87, 89; 2012 Acts, ch 1018, §8; 2016 Acts, ch 1115, §16  Referred to in §15F.401
IA Code § 15E.361 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.361 - Small business disaster recovery financial assistance program.

15E.361 Small business disaster recovery financial assistance program.   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 physical damage or economic loss due to a natural disaster occurring after May 24, 2008, and before August 14, 2008. Moneys shall be allocated to administrative entities on the basis of the percentage of disaster loans awarded by the United States small business administration to businesses located within a city’s jurisdiction or a disaster recovery area as defined by the authority.   2. An eligible business is a business that sustained physical damage or economic loss due to a natural disaster occurring after May 24, 2008, and before August 14, 2008, and has executed loan documents for a disaster loan from an eligible lender as defined by the authority. Financial assistance shall be in the form of forgivable loans and reimbursement for acquisition of energy-efficient equipment. The maximum amount of a forgivable loan is twenty-five percent of the loan amount from the eligible lender up to a maximum of fifty thousand dollars. Up to an additional five thousand dollars of assistance shall be available for the reimbursement of energy-efficient purchases and installation.   3. As determined by the authority, unused or unobligated moneys may be reclaimed and reallocated by the authority to other administrative agencies.   4. For purposes of this section, “administrative entity” means cities identified by the authority that administer local disaster recovery programs and councils of government.  2009 Acts, ch 170, §1, 11; 2011 Acts, ch 118, §87, 89
IA Code § 15E.363 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15E - DEVELOPMENT ACTIVITIES|Section 15E.363 - Entrepreneur investment awards program fund.

15E.363 Entrepreneur investment awards program fund.   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 fund.   2. Payments of interest, repayments of moneys provided, and recaptures of moneys provided shall be deposited in the fund.   3. Moneys credited to the fund are appropriated to the authority and shall be used to provide financial assistance under the program.   4. Moneys in the fund are not subject to section 8.33. Notwithstanding section 12C.7, interest or earnings on moneys in the fund shall be credited to the fund.  2012 Acts, ch 1126, §22; 2015 Acts, ch 138, §84, 161, 162  Referred to in §15.335B, 15E.362
IA Code § 15F.101 (2021)
2021 Iowa Code|Title I - STATE SOVEREIGNTY AND MANAGEMENT|Chapter 15F - COMMUNITY ATTRACTION AND TOURISM DEVELOPMENT|Section 15F.101 - Definitions.

15F.101 Definitions.   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 enhance Iowa board as created in section 15F.102.  2000 Acts, ch 1174, §1; 2011 Acts, ch 118, §68, 69, 89; 2016 Acts, ch 1115, §2