Iowa HF 872: A bill for an act relating to the redemption of beverage containers, providing civil penalties, and including effective date provisions.(Formerly HF 814, HSB 252; See HF 892.)

Bill Text

House
File
872
-
Reprinted

HOUSE
FILE
872

BY
COMMITTEE
ON
ECONOMIC

GROWTH
AND
TECHNOLOGY

(SUCCESSOR
TO
HF
112)

(As
Amended
and
Passed
by
the
House
March
25,
2025
)

A
BILL
FOR

An
Act
relating
to
the
maximum
annual
gross
income
for
an
1

enterprise
to
qualify
as
a
targeted
small
business.
2

BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3

HF
872
(4)
91

nls/ko/md

H.F.
872

Section
1.
Section
15.102,
subsection
12,
paragraph
a,
Code
1

2025,
is
amended
to
read
as
follows:
2

a.
“Targeted
small
business”
means
a
small
business

any
3

enterprise
which
is
fifty-one
percent
or
more
owned,
operated,
4

and
actively
managed
by
one
or
more
women,
minority
persons,
5

service-disabled
veterans,
or
persons
with
a
disability
6

provided
the
business
enterprise
meets
all
of
the
following
7

requirements:
8

(1)
Is
located
in
this
state.
9

(2)
Is
operated
for
profit
and
under
single
management

.
10

(3)
Has
fewer
than
twenty
employees
and

an
annual
gross
11

income
of
less
than
four
ten
million
dollars
computed
as
an
12

average
of
the
three
preceding
fiscal
years.
13

-1-

HF
872
(4)
91

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