Iowa Code § 15.107B

Current through March 29, 2024
Section 15.107B - Annual reporting requirements
1. On or before January 31 of each year, the director shall submit to the authority board and the general assembly a report that describes the activities of the authority during the preceding fiscal year. The report shall include detailed information about jobs created, capital invested, wages paid, and awards made under the programs the authority administers. The report may include such other information as the director deems necessary or as otherwise required by law. Subsequent to submitting the report and within the same session of the general assembly, the director shall discuss and review the report with the general assembly's standing committees on economic growth and rebuild Iowa.
2. The report submitted pursuant to subsection 1 shall at a minimum include the following:
a. A summary of the report filed by December 1 of each year by the department of administrative services with the authority regarding targeted small business procurement activities conducted during the previous fiscal year.
b. A summary of certifications of targeted small businesses. At a minimum, the summary shall include the number of certified targeted small businesses for the previous year, the increase or decrease in that number during the previous fiscal year compared to the prior fiscal year, and the number of targeted small businesses that have been decertified in the previous fiscal year.
c. A list of the procurement goals established pursuant to section 73.16, subsection 2, and compiled by the authority's targeted small business marketing and compliance manager and the performance of each agency in meeting the goals. The performance of each agency shall be determined based upon the reports required pursuant to section 73.16, subsection 2.
d. An assessment of economic development efforts in the state as measured by the goals and metrics contained in the strategic plan developed by the members of the authority pursuant to section 15.105.
3. The director may, notwithstanding any provision of law to the contrary, include in the report submitted pursuant to subsection 1, any other annual report relating to a program or activity required to be prepared by the authority, the director, or the board, and submitted to the general assembly.

Iowa Code § 15.107B

2011 Acts, ch 118, § 14, 89; 2012 Acts, ch 1126, §35; 2013 Acts, ch 13, § 2; 2017 Acts, ch 160, § 6

Amended by 2024 Iowa, ch Chapter 1182,s 118, eff. 7/1/2024.
Amended by 2017 Iowa, ch 160, s 6, eff. 7/1/2017.
Amended by 2013 Iowa, ch 13, s 2, eff. 7/1/2013.
2011 Acts, ch 118, §14, 89; 2012 Acts, ch 1126, §35

Report to general assembly by November 1 detailing financial assistance awarded during the prior fiscal year by the economic development authority; 2018 Acts, ch 1169, § 4; 2019 Acts, ch 154, § 5; 2020 Acts, ch 1121, § 1; 2021 Acts, ch 171, § 5; 2022 Acts, ch 1148, § 5; 2023 Acts, ch 110, § 4