Senate Journal: Page 1120: Thursday, March 28, 1996

    House Concurrent Resolution 122

         On motion of Senator Fink, House Concurrent Resolution 122, a
    concurrent resolution to designate March 29, 1996, Iowa State Flag Day,
    with report of committee recommending passage, was taken up for
    consideration.

         Senator Fink  moved the adoption of House Concurrent Resolution
    122, which motion prevailed by a voice vote.



                           HOUSE AMENDMENT CONSIDERED

    Senate File 2449

         Senator Palmer called up for consideration Senate File 2449, a bill
    for  an act changing the computation of the inflation factors for the
    tax brackets and standard deduction under the individual income tax;
    changing the computation of taxable income of certain subchapter S
    corporations and their shareholders; increasing inheritance tax
    exemptions for certain relatives; increasing the amount of the
    appropriations for homestead credit, military service credit, and
    low-income credit and reimbursement claims; providing income tax credits
    for investing in a qualified venture capital company; establishing
    incentives for family farm animal feeding operations and making an
    appropriation; adjusting the funding for the family farm and
    agricultural land tax credits; and providing effective and applicability
    date provisions, amended by the House in House amendment S-5574 filed
    March 27, 1996.

         Senator Bennett offered amendment S-5598 filed by him from the
    floor to amendment S-5574.

         Senator Priebe asked and received unanimous consent that action  on
    amendment S-5598 to House amendment S-5574 be deferred.

         Senator Lind asked and received unanimous consent that action  on
    House amendment S-5574 and Senate File 2449 be deferred.



                          UNFINISHED BUSINESS CALENDAR

    Senate File 2370

         On motion of Senator Gronstal, Senate File 2370, a bill for an act

Iowa General Assembly

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

© 1996 Cornell College and League of Women Voters of Iowa

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Last update: Mon Apr 1 13:30:14 CST 1996
URL: /DOCS/GA/76GA/Session.2/SJournal/01100/01120.html
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