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Text: SCR00030 Text: SCR00032 Text: SCR00000 - SCR00099 Text: SCR Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 SENATE CONCURRENT RESOLUTION NO.
1 2 BY COMMITTEE ON APPROPRIATIONS
1 3 (SUCCESSOR TO SSB 368)
1 4 A Concurrent Resolution requesting that Congress
1 5 introduce legislation providing for state
1 6 sovereignty through the low-cost financing of
1 7 debt and needed capital projects by state and
1 8 local governments.
1 9 WHEREAS, the State of Iowa has consistently
1 10 supported legislation that has been in harmony with
1 11 the needs of the federal government as well as the
1 12 state and local governments; and
1 13 WHEREAS, the demands for infrastructure, including
1 14 sewers, roads, public buildings, and other capital
1 15 assets, which are provided through federal, state, and
1 16 local governments are not being met due to the lack of
1 17 money; and
1 18 WHEREAS, American taxpayers are already heavily
1 19 burdened with various taxes; and
1 20 WHEREAS, governmental entities must from time to
1 21 time issue bonds to finance capital projects that are
1 22 necessary to ensure the health and welfare of the
1 23 citizens of the State of Iowa; and
1 24 WHEREAS, the sovereignty proposal currently under
1 25 discussion would make interest-free loans available to
1 26 states and local governments from federal government
1 27 funds, which must be used for building and repairing
1 28 capital assets and for paying off existing debt; and
1 29 WHEREAS, if federal legislation is properly written
1 30 and implemented, the sovereignty proposal has the
2 1 potential of saving citizens an enormous amount of
2 2 taxes, building needed infrastructure, increasing
2 3 employment, and reducing federal, state, and local
2 4 government deficits and debts; NOW THEREFORE,
2 5 BE IT RESOLVED BY THE SENATE, THE HOUSE OF
2 6 REPRESENTATIVES CONCURRING, That the General Assembly
2 7 of the State of Iowa supports the concept of the
2 8 sovereignty proposal and joins with other states in
2 9 requesting that the Congress of the United States
2 10 introduce the formal legislation necessary to generate
2 11 national debate on the proposal; and
2 12 BE IT FURTHER RESOLVED, That following public
2 13 discussion of the proposal, the General Assembly of
2 14 the State of Iowa will be better able to determine the
2 15 full merits of the proposal and will advise the
2 16 members of Iowa's congressional delegation
2 17 accordingly; and
2 18 BE IT FURTHER RESOLVED, That copies of this
2 19 Resolution be transmitted to the Speaker of the United
2 20 States House of Representatives, the President of the
2 21 United States Senate, and all of the members of Iowa's
2 22 congressional delegation.
2 23 LSB 2668SV 76
2 24 lh/sc/14
Text: SCR00030 Text: SCR00032 Text: SCR00000 - SCR00099 Text: SCR Index Bills and Amendments: General Index Bill History: General Index
© 1996 Cornell College and League of Women Voters of Iowa
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Last update: Mon Mar 4 09:39:45 CST 1996
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