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UNFINISHED BUSINESS (Deferred April 17, 1995) Senate File 478 The Senate resumed consideration of Senate File 478, a bill for an act relating to the state franchise tax imposed on financial institutions by disallowing the deduction for expenses related to a financial institutions investment in investment subsidiaries and providing effective and applicability dates, and amendment S-3447 by Senators Vilsack, Drake and Douglas to page 1 and the title page of the bill, deferred April 17, 1995. Senator Vilsack asked and received unanimous consent that action on amendment S-3447 continue to be deferred. Senator Gronstal withdrew amendment S-3553 filed by him on April 24, 1995, to page 1 of the bill. Senator Bennett offered amendment S-3605 filed by him on April 27, 1995, to strike everything after the enacting clause of the bill. Senator Bisignano offered amendment S-3630 filed by Senators Bisignano and Palmer from the floor to amendment S-3605. Senator Drake raised the point of order that amendment S-3630 to amendment S-3605 was not germane to the bill. The Chair ruled the point well taken and amendment S-3630 out of order. Senator Bisignano asked and received unanimous consent that action on amendment S-3605 and Senate File 478 be deferred. IMMEDIATELY MESSAGED Senator Horn asked and received unanimous consent that Senate File 486 be immediately messaged to the House. The Senate stood at ease at 5:16 p.m. until the fall of the gavel for the purpose of party caucuses. The Senate resumed session at 7:48 p.m., President Boswell presiding.
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