AMES, IOWA – Gov. Branstad signed legislation Wednesday paving the way for the production of a new generation of biochemical products in Iowa.
Governor Terry Branstad, Lt. Gov. Kim Reynolds and Iowa Economic Development Authority Director Debi Durham were at the Sukup Atrium on Iowa State University’s campus on Wednesday at 4:00 PM as the Governor signed Senate File 2300, an Act relating to the administration of programs by the economic development authority by creating a renewable chemical production tax credit program, modifying the high quality jobs program, and including effective date and other applicability provisions. This bill passed the Iowa Senate 46-3 on March 16, 2016 and the Iowa House 95-1 on March 28.
“This legislation, the first of its kind in the nation, will help build Iowa’s renewable chemicals industry by using biomass as feedstocks for the production of building block chemicals,” said Branstad. “Iowa is the nation’s premier leader in the renewable fuels industry and we will now build on our legacy of leveraging homegrown renewable resources to produce the next generation of building block chemicals.”
Lt. Gov. Reynolds added, “The production of biochemicals is perhaps the fastest growing segment of the bioscience industry which means it represents one of Iowa’s best opportunities for development of a high density industry cluster. I want to commend the Iowa Legislature on passing this bill in a bi-partisan fashion to put Iowa in a unique position to grow Iowa’s biorenewables industry.”
Gov. Terry Branstad also signed the following 3 bills into law Thursday:
House File 2264—an Act concerning varsity athletics eligibility of students in open enrollment subjected to harassment or bullying and including effective date provisions.
Senate File 2191—an Act establishing an office within the Department of Public Safety to oversee efforts to combat human trafficking.
Senate File 2196—an Act relating to reading and literacy requirements for practitioner preparation programs.
Good ! Build them next to the factory hog farms and the chinese hog kill/packing plant in little chitcago once known as Mason City .