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House Journal: Page 268: Wednesday, February 7, 1996

The House stood at ease at 1:11 p.m., until the fall of the
gavel.

The House resumed session at 2:14 p.m., Speaker Corbett in the
chair.
Halvorson of Clayton offered the following amendment H-5011
filed by him and moved its adoption:

H-5011

 1     Amend House File 2111 as follows:
 2     1.  Page 1, line 3, by striking the words
 3   "paragraph a" and inserting the following:
 4   "paragraphs a and d".
 5     2.  Page 1, line 4, by striking the word "is" and
 6   inserting the following:  "are".
 7     3.  Page 1, by inserting after line 22 the
 8   following:
 9     "d.  Notwithstanding the computation of the annual
10   inflation factor under paragraph "a", the annual
11   inflation factor is one hundred percent for any
12   calendar year in which the unobligated state general
13   fund balance on June 30 as certified by the director
14   of the department of management by October 10, is less
15   than sixty million dollars.  Notwithstanding section
16   8.58, in determining the unobligated state general
17   fund balance on June 30, unobligated moneys in the
18   cash reserve fund and Iowa economic emergency fund on
19   June 30 shall be counted as part of the unobligated
20   state general fund balance for purposes of this
21   paragraph."
Amendment H-5011 was adopted.
Main of Jefferson asked and received unanimous consent to defer
action on amendment H-5030.
Dinkla of Guthrie offered the following amendment H-5017 filed
by Dinkla et. al. and moved its adoption:

H-5017

 1     Amend House File 2111 as follows:
 2     1.  By striking page 2, line 20, through page 3,
 3   line 25, and inserting the following:
 4     "Sec. ___.  Section 450.10, subsection 1, Code
 5   1995, is amended to read as follows:
 6     1.  When the property, interest, or income passes
 7   to the father or mother, or to a child or lineal
 8   descendant of the decedent, grantor, donor, or vendor,
 9   including a legally adopted child or biological child
10   entitled to inherit under the laws of this state, the
11   tax imposed shall be on the individual share so

Iowa General Assembly

Index: House Journal (76th General Assembly: Session 2)

© 1996 Cornell College and League of Women Voters of Iowa

Comments? hjourn@legis.iowa.gov.

Last update: Mon Feb 12 10:55:03 CST 1996
URL: /DOCS/GA/76GA/Session.2/HJournal/00200/00268.html
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