Iowa Code § 260G.6
Fund established — allocation of moneys
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2026
As of January 1, 2012
1. An accelerated career education fund is established in the state treasury under the control of the economic development authority consisting of moneys appropriated to the authority for purposes of funding the cost of accelerated career education program capital projects.
1. An accelerated career education fund is established in the state treasury under the control of the department of workforce development consisting of moneys appropriated to the fund for purposes of funding the cost of accelerated career education program capital projects.
2. Projects funded pursuant to this section shall be for vertical infrastructure as defined in section 8.57, subsection 6, paragraph “c”.
2. Projects funded pursuant to this section shall be for vertical infrastructure as defined in section 8.57, subsection 3, paragraph “c”.
3. If moneys are appropriated by the general assembly to support program capital costs, the moneys shall be allocated according to rules adopted by the economic development authority pursuant to chapter 17A.
3. If moneys are appropriated by the general assembly to support program capital costs, the moneys shall be allocated equally to each community college.
4. In order to receive moneys pursuant to this section, a program agreement approved by the community college board of directors shall be in place, program capital cost requests shall be approved by the economic development authority created in section 15.105, and employer contributions toward program capital costs shall be certified and agreed to in the agreement. Program capital cost requests shall be approved or denied not later than sixty days following receipt of the request by the economic development authority.
99 Acts, ch 179, §9, 12; 2000 Acts, ch 1154, §19; 2009 Acts, ch 123, §7; 2011 Acts, ch 34, §68; 2011 Acts, ch 118, §80, 85, 89
99 Acts, ch 179, §9, 12; 2000 Acts, ch 1154, §19; 2009 Acts, ch 123, §7; 2011 Acts, ch 34, §68; 2011 Acts, ch 118, §80, 85, 89; 2012 Acts, ch 1018, §2; 2012 Acts, ch 1021, §137; 2023 Acts, ch 19, §2226
See Code editor’s note
Code editor directive applied
Subsection 4 amended
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.