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House Journal: Page 1589: Thursday, April 11, 1996

Coach Floyd addressed the House briefly and introduced Gene
Smith, Athletic Director of Iowa State University, Ames, who
also addressed the House.
The House rose and expressed its welcome and appreciation.
The House resumed consideration of Senate File 2464, a bill for
an act relating to housing development, including tax increment
financing, providing for the assessment of certain property for
tax purposes, and providing an effective date, previously
deferred and the committee amendment H-5896 pending.

Fallon of Polk offered the following amendment H-5938, to the
committee amendment H-5896, filed by him and Holveck from the
floor and moved its adoption:

H-5938

 1     Amend the amendment, H-5896, to Senate File 2464,
 2   as amended, passed, and reprinted by the Senate, as
 3   follows:
 4     1.  Page 1, by striking lines 25 through 32.
 5     2.  By renumbering as necessary.
Amendment H-5938 lost.
On motion by Jacobs of Polk, the committee amendment H-5896, as
amended, was adopted.
Weigel of Chickasaw offered the following amendment H-5926 filed
by him from the floor and moved its adoption:

H-5926

 1     Amend Senate File 2464, as amended, passed, and
 2   reprinted by the Senate, as follows:
 3     1.  Page 12, line 1, by inserting after the word
 4   "guidelines" the following:  ", by limiting the tax
 5   revenues to be deposited in the special fund from that
 6   portion of the assessed value defined in section
 7   403.19, subsection 2, of property assessed as
 8   residential property, to the tax revenues from any
 9   levy on the first two hundred thousand dollars of
10   improvements to each parcel of such residential
11   property.  Any value of such property in excess of two
12   hundred thousand dollars shall be included in the
13   valuation defined in section 403.19, subsection 1,".
14     2.  Page 12, line 1, by inserting after the word
15   "or" the following:  "by providing".
Amendment H-5926 was adopted.

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: Fri Apr 12 13:30:03 CDT 1996
URL: /DOCS/GA/76GA/Session.2/HJournal/01500/01589.html
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