Text: H08125                            Text: H08127
Text: H08100 - H08199                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

House Amendment 8126

Amendment Text

PAG LIN
  1  1    Amend Senate File 2052, as amended, passed and
  1  2 reprinted by the Senate, as follows:
  1  3    #1.  Page 1, by striking lines 12 through 22 and
  1  4 inserting the following:
  1  5    "5.  During the period of January 1 through October
  1  6 25, five percent of the state ceiling shall be
  1  7 reserved for private activity bonds issued by
  1  8 political subdivisions, the proceeds of which are used
  1  9 by the issuing political subdivisions.  Twenty-one
  1 10 percent of the state ceiling shall be allocated to
  1 11 bonds issued by municipalities for purposes of
  1 12 financing projects to support industry or industries
  1 13 for the manufacturing, processing, or assembling of
  1 14 agricultural or manufactured products, as provided in
  1 15 chapter 419.
  1 16    6.  a.  The amount of the state ceiling not
  1 17 allocated reserved under subsections 1 through 4 5,
  1 18 and after but not allocated by October 25, the amount
  1 19 of the state ceiling reserved under subsection 5 and
  1 20 not allocated, shall be allocated to all bonds
  1 21 requiring an allocation under section 146 of the
  1 22 Internal Revenue Code without priority for any type of
  1 23 bond over another, except as otherwise provided in
  1 24 sections 7C.5 and 7C.11."
  1 25    #2.  Page 1, line 29, by striking the figure "4"
  1 26 and inserting the following:  "4 5".  
  1 27 
  1 28 
  1 29                               
  1 30 RANTS of Woodbury 
  1 31 SF 2052.703 77
  1 32 da/sc/28
     

Text: H08125                            Text: H08127
Text: H08100 - H08199                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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