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House Amendment 5303

Amendment Text

PAG LIN
  1  1    Amend House File 308 as follows:
  1  2    #1.  Page 1, by inserting before line 1 the
  1  3 following:
  1  4    "Section 1.  Section 85.1, subsection 3, paragraph
  1  5 b, subparagraph (3), Code 1995, is amended to read as
  1  6 follows:
  1  7    (3)  Officers of a family farm corporation or
  1  8 members of a limited liability company, spouses of the
  1  9 officers or members, the parents, brothers, sisters,
  1 10 children and stepchildren of either the officers or
  1 11 members, or the spouses of the officers or members,
  1 12 and the spouses of the brothers, sisters, children,
  1 13 and stepchildren of either the officers or members, or
  1 14 the spouses of the officers or members who are
  1 15 employed by the corporation or limited liability
  1 16 company, the primary purpose of which, although not
  1 17 necessarily the stated purpose, is farming or
  1 18 ownership of agricultural land, and who are actually
  1 19 engaged in agricultural pursuits or operations
  1 20 immediately connected with the agricultural pursuits
  1 21 either on or off the premises of the corporation or
  1 22 limited liability company."
  1 23    #2.  By renumbering as necessary.  
  1 24 
  1 25 
  1 26                              
  1 27 METCALF of Polk
  1 28 HF 308.302 76
  1 29 ec/cf
     

Text: H05302                            Text: H05304
Text: H05300 - H05399                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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