Iowa Admin. Code r. 261-105.6

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 261-105.6 - [Effective 1/15/2025] Ineligible applicants

The following businesses are not eligible:

(1) A business that is engaged in retail sales or provides health services is ineligible. In determining whether a business is engaged in retail sales, factors the authority will consider include but are not limited to the sources of the business's revenue, whether the business manufactures a product it sells, and whether the business owns intellectual property associated with a product the business sells.

(2) A business that closes or substantially reduces its workforce by more than 20 percent at existing operations in order to relocate substantially the same operation to another area of the state is ineligible for 36 consecutive months at any of the business's Iowa sites from the date the new establishment opens.

Iowa Admin. Code r. 261-105.6

Adopted by IAB December 11, 2024/Volume XLVII, Number 11, effective 1/15/2025