Growing Values Fund

Shields, Yvette
September 2004
Bond Buyer;9/15/2004, Vol. 349 Issue 31969, p31
Trade Publication
The article reports that state lawmakers last week approved pumping $100 million into the depleted Grow Iowa Values Fund, which promotes economic development initiatives. The state has previously pledged about $56 million to three dozen companies seeking aid to either relocate or expand in the state. Governor Tom Vilsack called a special session of the Legislature in order to replenish the job-creation program. A state Supreme Court ruling this past spring that threw out the law creating the seven-year, $500 million program had seemingly jeopardized the Grow Iowa Value Fund's future.


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