Statutes, codes, and regulations
Iowa Administrative Code
Agency 261 - ECONOMIC DEVELOPMENT AUTHORITYPart V - INNOVATION AND COMMERCIALIZATION ACTIVITIES
Chapter 112 - STATE SMALL BUSINESS CREDIT INITIATIVE (SSBCI)
Rule 261-112.7 - Ineligible applicants

Iowa Admin. Code r. 261-112.7

Download
PDF
Current through Register Vol. 47, No. 8, October 30, 2024
Rule 261-112.7 - Ineligible applicants
(1) A business which is engaged in retail sales or which provides health services is ineligible.
(2) A business which closes or substantially reduces its workforce by more than 20 percent at existing operations in order to relocate substantially the same operation to another area of the state is ineligible for 36 consecutive months at any of its Iowa sites from the date the new establishment opens.

Iowa Admin. Code r. 261-112.7

ARC 8212B, lAB 10/7/09, effective 11/11/09