Text: H08138 Text: H08140 Text: H08100 - H08199 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend Senate File 2052, as amended, passed, and 1 2 reprinted by the Senate, as follow: 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 October1 625, five percent of the state ceiling shall be1 7reserved for private activity bonds issued by1 8political subdivisions, the proceeds of which are used1 9by the issuing political subdivisions.Eighteen 1 10 percent of the state ceiling shall be allocated to a 1 11 qualified industry or industries for the 1 12 manufacturing, processing, or assembling of 1 13 agricultural or manufactured products as defined in 1 14 section 419.1, subsection 12, paragraph "a", 1 15 subparagraph (4). 1 16 6. a. The amount of the state ceiling not 1 17 allocated under subsections 1 through45,and after1 18October 25, the amount of the state ceiling reserved1 19under subsection 5 and not allocated,shall be 1 20 allocated to all bonds requiring an allocation under 1 21 section 146 of the Internal Revenue Code without 1 22 priority for any type of bond over another, except as 1 23 otherwise provided insections 7C.5 andsection 1 24 7C.11." 1 25 1 26 1 27 1 28 RANTS of Woodbury 1 29 SF 2052.302 77 1 30 da/cf/28
Text: H08138 Text: H08140 Text: H08100 - H08199 Text: H Index Bills and Amendments: General Index Bill History: General Index
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