15.327 - DEFINITIONS.
15.327 DEFINITIONS.
As used in this part, unless the context otherwise requires:
1. "Benefit" has the same meaning as defined in section
15G.101.
2. "Community" means a city, county, or entity established
pursuant to chapter 28E.
3. "Contractor or subcontractor" means a person who contracts
with the eligible business or subcontracts with a contractor for the
provision of property, materials, or services for the construction or
equipping of a facility of the eligible business.
4. "Created job" has the same meaning as defined in section
15G.101.
5. "Department" means the Iowa department of economic
development.
6. "Eligible business" means a business meeting the
conditions of section 15.329.
7. "Fiscal impact ratio" has the same meaning as defined in
section 15G.101.
8. "Maintenance period completion date" has the same meaning
as defined in section 15G.101.
9. "Program" means the high quality jobs program.
10. "Project completion date" has the same meaning as defined
in section 15G.101.
11. "Qualifying investment" means a capital investment in
real property including the purchase price of land and existing
buildings and structures, site preparation, improvements to the real
property, building construction, and long-term lease costs.
"Qualifying investment" also means a capital investment in
depreciable assets.
12. "Qualifying wage threshold" has the same meaning as
defined in section 15G.101.
13. "Retained job" has the same meaning as defined in section
15G.101. Section History: Recent Form
94 Acts, ch 1008, §5; 96 Acts, ch 1185, § 1; 96 Acts, ch 1199, §1;
98 Acts, ch 1175, §5; 2003 Acts, ch 145, §286; 2005 Acts, ch 150,
§43, 68, 69; 2009 Acts, ch 123, §11
Referred to in § 15.119