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House Journal: Page 1146: Monday, April 3, 1995

Running of Linn offered amendment H-3278, previously deferred, 
filed by Running, et. al., and requested division as follows:
H-3278
 1     Amend House Joint Resolution 14 as follows:
H-3278A
 2     1.  Page 1, line 4, by inserting after the figure
 3   "XIII" the following:  ", effective for the first
 4   state fiscal year beginning at least six months after
 5   the article is approved and ratified by the electorate
 6   except that the article shall not take effect unless
 7   each fund balance of the following funds is restored
 8   to the amount of the fund balance as of January 1,
 9   1991:  marine fuel tax fund; gamblers assistance fund;
10   bellas hess fund; insurance trust fund; security
11   deposit fund; milk fund; commercial feed fund;
12   fertilizer fund; pesticide fund; energy research and
13   development fund; racing commission fund; railroad
14   assistance fund; dairy trade fund; vehicle salvage
15   fund; odometer fraud fund; agriculture drainage wells
16   fund; special railroad facility fund; aviation fund;
17   public transit assistance fund; excursion boat fund;
18   administration fund; alcoholic beverages fund; banking
19   fund; credit union fund; insurance fund; professional
20   licensing fund; savings and loan fund; and utilities
21   fund".
22     2.  Page 1, line 4, by inserting after the figure
23   "XIII" the following:  ", effective for the first
24   state fiscal year beginning at least six months after
25   the article is approved and ratified by the electorate
26   except that the article shall not take effect until
27   the state fiscal year following the calendar year in
28   which the department of revenue and finance certifies
29   to the general assembly that three-fourths of the for-
30   profit corporations doing business in this state
31   incurred state corporate income tax liability".
32     3.  Page 1, line 4, by inserting after the figure
33   "XIII" the following:  ", effective for the first
34   state fiscal year beginning at least six months after
35   the article is approved and ratified by the electorate
36   except that the article shall not take effect unless
37   the state income tax structure is simplified by
38   repealing the corporate and individual income tax
39   deduction for federal income tax liability and by
40   repealing the option to file separately on a joint
41   return and the revenue realized by these changes is
42   utilized to reduce the school foundation property tax
43   levy".
44     4.  Page 1, line 4, by inserting after the figure
45   "XIII" the following:  ", effective for the first
46   state fiscal year beginning at least six months after

Iowa General Assembly

Index: House Journal (76th General Assembly: Session 1)

© 1995 Cornell College and League of Women Voters of Iowa

Comments? hjourn@legis.iowa.gov.

Last update: Sun Jan 14 21:05:02 CST 1996
URL: /DOCS/GA/76GA/Session.1/HJournal/01100/01146.html
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