262B.2 - LEGISLATIVE INTENT.
262B.2 LEGISLATIVE INTENT.
It is the intent of the general assembly that the three
universities under the control of the state board of regents have as
part of their missions the use of their universities' expertise to
expand and stimulate economic growth across the state. This activity
may be accomplished through a wide variety of partnerships, public
and private joint ventures, and cooperative endeavors, primarily, but
not exclusively, in the area of high technology, and may result in
investments by the private sector for commercialization of the
technology and job creation. It is imperative that whenever
possible, the investments and job creation be in Iowa but need not be
in the proximity of the universities. The purpose of the investments
and job creation shall be to expand and stimulate Iowa's economy,
increase the wealth of Iowans, and increase the population of Iowa,
which may be accomplished through research conducted within the state
that will competitively position Iowa on an economic basis with other
states and create high-wage, high-growth employers and jobs.
Accredited private universities located in the state are encouraged
to incorporate the intent of this section into the mission of their
universities. Section History: Recent Form
88 Acts, ch 1268, §10; 2003 Acts, 1st Ex, ch 1, §96, 133
[2003 Acts, 1st Ex, ch 1, § 96, 133 amendment to this section
rescinded pursuant to Rants v. Vilsack, 684 N.W.2d 193]
2005 Acts, ch 150, §31