Iowa Code (Last Updated: December 05, 2016) |
Title I. STATE SOVEREIGNTY AND MANAGEMENT |
Chapter 15. ECONOMIC DEVELOPMENT AUTHORITY |
Section 15.251. Industrial new job training program certificates — fee.
Latest version.
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The authority may charge, within thirty days following the sale of certificates under chapter 260E, the board of directors of the merged area a fee of up to one percent of the gross sale amount of the certificates issued. The amount of this fee shall be deposited and allowed to accumulate in a job training fund created in the authority. Moneys in the fund are appropriated to the authority for purposes of workforce development program coordination and activities including salaries, support, maintenance, legal and compliance, and miscellaneous purposes.
See annual Iowa Acts for temporary exceptions, changes, or other noncodified enactments modifying the funding provided for in this section