Iowa Code § 15.112
Mass layoffs and business closures
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2026
As of January 1, 2012
If the federal government funds the “farmworks” national demonstration project for distressed family farmers, the authority shall allocate to the project from the rural enterprise fund or another fund, an amount equal to four percent of the federal funding each year for a three-year period on a dollar-for-dollar matching basis with local or private contributions.
93 Acts, ch 180, §38; 2011 Acts, ch 118, §87, 89
Code editor directive applied
If an entity that is awarded a tax incentive or other financial assistance under any of the programs administered by the authority experiences a business closure or a mass layoff for which notice is required under chapter 84C, the authority may reduce or eliminate some or all of the financial assistance awarded by the authority to the entity.
NEW section
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.