A bill for an act establishing a dairy innovation fund and program to be administered by the department of agriculture and land stewardship.(Formerly HSB 155; See HF 700.)
Impact
The bill proposes that DALS create a fund composed of both state appropriations and other available funds to ensure financial assistance can be readily provided. It allows funds to remain available beyond the current fiscal year if unencumbered, thus ensuring sustainability for the dairy support initiatives over extended periods. This measure is intended to not only increase processing capacity but also to support local small-scale milk producers in accessing new markets and improving production methods.
Summary
House File 580 aims to establish a dairy innovation fund and program to be managed by the Iowa Department of Agriculture and Land Stewardship (DALS). The purpose of this initiative is to provide financial assistance to businesses involved in dairy production and processing, enhancing their capabilities and adoption of new technologies. Eligible businesses may receive support in forms such as grants, low-interest loans, and forgivable loans to facilitate the expansion or refurbishment of milk plants and mobile dairy processing units, as well as to rent required facilities and equipment.
Contention
While the bill primarily focuses on strengthening the dairy industry, it has also sparked discussions concerning eligibility criteria for assistance. The bill mandates that participating businesses must fulfill certain requirements, including size limitations (employing fewer than 50 individuals) and a clean regulatory record over the past five years. This aspect has raised some concerns among stakeholders about potential barriers for smaller outfits that may struggle to meet all stipulated criteria. Proponents argue these measures ensure accountability and the effective utilization of public funds.
Related
A bill for an act establishing a dairy innovation fund and program to be administered by the economic development authority.(See HF 580, HF 700.)
Similar To
A bill for an act establishing a dairy innovation fund and program to be administered by the department of agriculture and land stewardship. (Formerly HF 580, HSB 155.) Effective date: 07/01/2023.
A bill for an act establishing a dairy innovation fund and program to be administered by the department of agriculture and land stewardship. (Formerly HF 580, HSB 155.) Effective date: 07/01/2023.
An Act Implementing The Recommendations Of The Program Review And Investigations Committee Concerning The Postponement Of Program Termination Dates In The Sunset Law.
An Act Implementing The Recommendations Of The Program Review And Investigations Committee Concerning The Postponement Of Program Termination Dates In The Sunset Law.