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House Journal: Page 601: Thursday, March 7, 1996

IMMEDIATE MESSAGE
Siegrist of Pottawattamie asked and received unanimous consent
that House File 2316 be immediately messaged to the Senate.

House File 2409, a bill for an act relating to the regulation of
activities of state banks and state bank affiliates, interstate
branching or banking, and personnel of the banking division,
state banks, and state bank affiliates, and the regulation of
financial transactions involving such entities and personnel,
was taken up for consideration.
Holveck of Polk offered the following amendment H-5234 filed by
him and moved its adoption:

H-5234

 1     Amend House File 2409 as follows:
 2     1.  Page 2, by inserting after line 9 the
 3   following:
 4     "Sec. ___.  Section 524.211, subsection 5, Code
 5   Supplement 1995, is amended to read as follows:
 6     5.  An employee of the banking division, other than
 7   the superintendent or a member of the state banking
 8   board, shall not perform any services for, and shall
 9   not be a shareholder, member, partner, owner,
10   director, officer, or employee of, any enterprise,
11   person, or affiliate subject to the regulatory purview
12   of the banking division."
13     2.  Page 14, by inserting after line 19 the
14   following:
15     "Sec. ___.  Section 524.211, subsection 5, as
16   amended by this Act, shall not apply to the individual
17   who is serving as the superintendent of banking on
18   March 1, 1996."
19     3.  By renumbering as necessary.
Amendment H-5234 lost.
Nelson of Pottawattamie offered the following amendment H-5231
filed by Nelson et. al. and moved its adoption:

H-5231

 1     Amend House File 2409 as follows:
 2     1.  Page 14, by inserting after line 19, the
 3   following:
 4     "Sec. ___.  Section 535B.2, Code 1995, is amended
 5   by adding the following new subsection:
 6     NEW SUBSECTION.  13.  A nonprofit organization
 7   qualifying for tax exempt status under the Internal
 8   Revenue Code as defined in section 422.3 which offers
 9   housing services to low and moderate income families.

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 Mar 11 13:25:03 CST 1996
URL: /DOCS/GA/76GA/Session.2/HJournal/00600/00601.html
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