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Read first time and referred to committee on judiciary. Senate File 159, by committee on business and labor relations, a bill for an act relating to the payment of wages to a suspended or terminated employee under the Iowa wage payment collection law. Read first time and passed on file. Senate File 175, by committee on commerce, a bill for an act relating to the definition of the federal Truth in Lending Act in the Iowa consumer credit code. Read first time and referred to committee on commerce-regulation. CONSIDERATION OF BILLS Special Order Calendar The House resumed consideration of Senate File 69, a bill for an act relating to county expenditures of property taxes for mental health and developmental disabilities costs by providing for reduction of property taxes, making appropriations, and providing an effective date, previously deferred and the committee amendment H-3030, pending. Halvorson of Clayton offered amendment H-3195, to the committee amendment H-3030, filed by him as follows: H-3195 1 Amend the amendment, H-3030, to Senate File 69 as 2 passed by the Senate, as follows: 3 1. Page 13, line 9, by inserting after the figure 4 "1." the following: "a." 5 2. Page 13, line 17, by inserting after the word 6 "dollars" the following: "of which eight million 7 eight hundred thousand dollars shall be allocated as 8 provided in paragraph "b"". 9 3. Page 13, by inserting after line 17 the 10 following: 11 "b. Beginning with the fiscal year beginning July 12 1, 1995, of the appropriations made in paragraph "a", 13 eight million eight hundred thousand dollars for each 14 fiscal year shall be allocated with sixty percent to 15 be allocated to cities and forty percent to counties 16 from which the franchise taxes were collected under 17 chapter 422, division V. The amount to each city or 18 county shall be based upon the amount of tax the 19 financial institution located in the city or county 20 pays in franchise tax. If the financial institution 21 maintains one or more offices for the transaction of 22 business, other than its principal office, a portion 23 of its franchise tax shall be allocated to each 24 office, based upon a reasonable measure of the
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Last update: Sun Jan 14 21:05:02 CST 1996
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