15E.203 - FINDINGS -- INTENT AND PURPOSES.
15E.203 FINDINGS -- INTENT AND PURPOSES.
1. The general assembly finds that this state is in a period when
the economic structure of agriculture and the production, processing,
and marketing of agricultural products is undergoing a period of
rapid transformation.
2. It is the intent of the general assembly and purpose of this
division that this state capture the greatest benefit from
opportunities created during this period, by encouraging local
agricultural producer-led ventures to expand production and
processing of high value agricultural products, including
agricultural processed products, to organize new business structures
within the state to carry out these ventures, and to market and
deliver increasingly high value agricultural products to consumers
around the world. In carrying out this purpose, state resources
provided by this division shall be used to assure all of the
following:
a. That the majority of the wealth created by Iowa
agricultural productivity is retained in this state.
b. That employment in the production, processing, and
marketing of agricultural products, and especially agricultural
processed products, is increased in this state.
c. That agricultural producers in this state are provided
with an opportunity to acquire a majority ownership interest in Iowa
agricultural industry ventures promoted under this division.
d. That this state becomes a world model for agricultural
producer-based vertical cooperation which depends upon broadly shared
access to information, capital, and cooperative action.
e. That the use of private resources with state incentives
establish Iowa as the world leader in responsibly produced
agricultural products that meet the needs of consumers throughout the
world.
3. It is the intent of the general assembly and the purpose of
this division that the state encourage Iowa agricultural industry
ventures which promote the research and application of biological
techniques for the development of specialized plant or animal
characteristics for beneficial nutritional, commercial, or industrial
purposes. Section History: Recent Form
98 Acts, ch 1207, §4
Referred to in §15E.209
Additional legislative findings; 98 Acts, ch 1207, §1