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House Journal: Page 884: Wednesday, March 20, 1996

Koenigs of Mitchell offered the following amendment H-5493, to
the committee amendment H-5419, filed by him from the floor and
moved its adoption:

H-5493

 1     Amend the amendment, H-5419, to Senate File 2443,
 2   as amended, passed, and reprinted by the Senate, as
 3   follows:
 4     1.  Page 3, line 17, by striking the word "four"
 5   and inserting the following:  "one".
 6     2.  Page 13, by inserting after line 33 the
 7   following:
 8     "Sec. 101.  Section 15E.112, subsection 3, Code
 9   1995, is amended to read as follows:
10     3.  Payments of interest, recaptures of awards, or
11   repayments of moneys loaned under the value-added
12   agricultural products and processes financial
13   assistance program shall be deposited into the fund.
14   Section 8.33 does not apply to any moneys in the fund.
15   Unencumbered or unobligated moneys in the fund derived
16   from moneys deposited pursuant to section 423.24,
17   which are in excess of three two million six
hundred
18   fifty thousand dollars of unencumbered or unobligated
19   moneys in the fund deposited pursuant to that section,
20   which are remaining on June 30 of each fiscal year,
21   shall be credited on August 31 to the road use tax
22   fund as created in section 312.1.
23     Sec. ___.  Section 423.24, subsection 1, paragraph
24   b, subparagraph (1), Code Supplement 1995, is amended
25   to read as follows:
26     (1)  Ninety-one and one-quarter percent of these
27   moneys or so much thereof as is necessary to bring the
28   balance in the value-added agricultural products and
29   processes financial assistance fund created in section
30   15E.122 up to two million dollars shall be deposited
31   in the value-added agricultural products and processes
32   financial assistance fund as created in section
33   15E.112.  The remainder of the ninety-one and one-
34   quarter percent shall be transferred and credited to
35   the road use tax fund as created in section 312.1."
36     3.  Page 13, line 50, by striking the word and
37   figure "Section 22" and inserting the following:
38   "Sections 101 and 22".
39     4.  Page 14, line 1, by striking the word "takes"
40   and inserting the following:  "take".
41     5.  By renumbering as necessary.
A non-record roll call was requested.
The ayes were 30, nays 51.
Amendment H-5493 lost.

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: Thu Mar 21 13:30:02 CST 1996
URL: /DOCS/GA/76GA/Session.2/HJournal/00800/00884.html
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