Bill > SSB1236

This bill appropriates funds for economic development initiatives in Iowa for the fiscal year beginning July 1, 2025, and ending June 30, 2026. * **Economic Development Authority (IEDA):** * $12,921,510 from the General Fund for salaries, support, programs, marketing, business development, community development, small business development, and strategic infrastructure projects. * $500,000 from the General Fund for the World Food Prize. * $150,000 from the General Fund for financial assistance to Iowa's councils of governments. * $1,100,000 from the General Fund for the tourism office's advertising and promotion efforts. * $1,771,800 from the General Fund for the Iowa Arts Council. * $100,000 from excess insurance division revenues for insurance economic development. * $11,700,000 from the Iowa Skilled Worker and Job Creation Fund for the high-quality jobs program, including $1,000,000 for main street community infrastructure grants. * $2,016,675 from the Iowa Skilled Worker and Job Creation Fund for the manufacturing 4.0 technology investment program. * $700,000 from the Iowa Skilled Worker and Job Creation Fund for the empower rural Iowa program. * $448,403 from gambling game taxes for operational support grants and community cultural grants. * **Iowa Finance Authority (IFA):** * $873,000 from the General Fund for the rent subsidy program, with $35,000 for administrative costs. * $550,000 from the General Fund for a housing renewal pilot program. * **Department of Workforce Development (IWD):** * $6,902,636 from the General Fund for workforce development operations. * $387,158 from the General Fund for an offender reentry program. * $228,822 from the General Fund for services related to the integrated information for Iowa system. * $125,555 from the General Fund for workplace injury and safety surveys. * $250,000 from the General Fund for a summer youth intern pilot program. * $6,226,739 from the General Fund for vocational rehabilitation services. * $84,804 from the General Fund for matching moneys for programs for persons with severe disabilities. * $138,506 from the General Fund for the entrepreneurs with disabilities program. * $86,547 from the General Fund for costs associated with centers for independent living. * $500,000 from the General Fund for adult education and literacy programs distributed as grants to community colleges. * $760,000 from the General Fund for registered apprenticeship development programs. * $379,631 from the General Fund for enhancing efforts to investigate employer misclassification of workers. * $4,616,084 from the Special Employment Security Contingency Fund for field offices. * $125,000 from the Iowa Skilled Worker and Job Creation Fund for workforce preparation outcome reporting. * $5,500,000 from the Iowa Skilled Worker and Job Creation Fund for adult education and literacy programs, including grants for English as a second language and a transfer to the Department of Health and Human Services for refugee integration support. * $633,325 from the Iowa Skilled Worker and Job Creation Fund for STEM internships. * **State Board of Regents and Institutions:** * $3,000,000 from the Iowa Skilled Worker and Job Creation Fund for capacity building infrastructure, technology commercialization, marketing, and business development efforts, allocated 35% to Iowa State University, 35% to the University of Iowa, and 30% to the University of Northern Iowa. * $2,424,302 from the Iowa Skilled Worker and Job Creation Fund for Iowa State University's small business development centers, research park, and center for industrial research and service. * $209,279 from the Iowa Skilled Worker and Job Creation Fund for the University of Iowa's research park and pharmaceuticals. * $2,000,000 from the Iowa Skilled Worker and Job Creation Fund for the University of Iowa's entrepreneurship and economic growth initiative. * $1,466,419 from the Iowa Skilled Worker and Job Creation Fund for the University of Northern Iowa's metal casting and foundry centers, Advance Iowa, family business center, and institute for decision making. * $2,963,995 from the General Fund for Iowa State University's biosciences innovation ecosystem. * $1,000,000 from the General Fund for the University of Iowa's biosciences innovation ecosystem. * $394,321 from the General Fund for the University of Northern Iowa's additive manufacturing capabilities expansion. Most appropriations are available until the close of the succeeding fiscal year, meaning they do not revert at the end of the fiscal year. The bill also includes provisions regarding job filling requirements for businesses receiving financial assistance and requires various reporting from agencies.