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Senate Journal: Page 1274: Tuesday, April 9, 1996

         ALSO: That the members of the Conference Committee appointed April
    9, 1996, on 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, on the part of the House
    are: The Representative from Clayton, Mr. Halvorson, Chair; the
    Representative from Story, Mr. Bernau; the Representative from Emmet,
    Mr. Greig; the Representative from Linn, Mr. Larson; the Representative
    from Johnson, Mr. Myers.



                                 SPECIAL GUESTS

         Senator Hedge presented Jill Verhey, Queen of the Sixty-first
    Annual Tulip Time Festival, who in turn introduced the members of her
    court: Allison Mulder, Livija Shannon, Julie Steenhoek and Crystal
    Vander Waal. They were accompanied by their parents.

         Queen Jill invited members of the Senate to attend the Tulip Time
    Festival in Pella on May 9, 10 and 11.

         The Queen, her attendants and their parents distributed the famous
    Dutch cookies to the senators and staff.



                           BILLS ASSIGNED TO COMMITTEE

         President Boswell announced the assignment of the following bills
    to committee:


         S.C.R.        118           Education
         H.C.R.        123           Rules and Administration
         H.F.          2422          Ways and Means
         H.F.          2488          Ways and Means
         H.F.          2491          Ways and Means

         The Senate stood at ease at 9:30 a.m. until the fall of the gavel
    for the purpose of a committee meeting.

         The Senate resumed session at 10:55 a.m., President Boswell
    presiding.

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© 1996 Cornell College and League of Women Voters of Iowa


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