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House Journal: Page 1022: Wednesday, March 27, 1996

        	Jacobs         	Klemme         	Kremer        
	Lamberti       		Larson         	Lord           	Martin        
	McCoy          		Metcalf        	Meyer          	Millage       
	Nelson, B.      	Nutt           	Rants          	Renken        
	Schulte        		Siegrist       	Sukup          	Thomson       
	Tyrrell        		Van Fossen     	Van Maanen     	Vande Hoef    
	Veenstra       	Weidman        	Welter         	Mr. Speaker 
 		 Corbett
Absent or not voting, 3:

Arnold         	Ertl           	Grubbs         	
Amendment H-5652 lost.
Fallon of Polk offered the following amendment H-5630, to
amendment H-5523 filed by him and moved its adoption:

H-5630

 1     Amend the amendment, H-5523, to Senate File 2449,
 2   as amended, passed, and reprinted by the Senate, as
 3   follows:
 4     1.  Page 1, by striking line 6 and inserting the
 5   following:  "INCOME TAXATION".
 6     2.  Page 2, by inserting after line 16 the
 7   following:
 8     "Sec. ___.  Section 422.7, Code Supplement 1995, is
 9   amended by adding the following new subsection:
10     NEW SUBSECTION.  35.  Subtract the portion of the
11   special assessment installment paid during the tax
12   year which constitutes interest, as determined by the
13   director."
14     3.  Page 2, line 21, by inserting after the figure
15   "1996." the following:  "This division of this Act
16   applies retroactively to January 1, 1996, to tax years
17   beginning on or after that date."
18     4.  Page 6, line 6, by striking the word "of" and
19   inserting the following:  "and allowing an interest
20   deduction for special assessments for".
Amendment H-5630 lost.
Speaker pro tempore Van Maanen of Marion in the chair at 11:33
a.m.
Brammer of Linn offered the following amendment H-5655, to
amendment H-5523, filed by him from the floor and moved its
adoption:

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 28 13:30:02 CST 1996
URL: /DOCS/GA/76GA/Session.2/HJournal/01000/01022.html
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