Text: H08359                            Text: H08361
Text: H08300 - H08399                   Text: H Index
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House Amendment 8360

Amendment Text

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 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.  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 through 4 5, and after
  1 18 October 25, the amount of the state ceiling reserved
  1 19 under 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 in sections 7C.5 and section
  1 24 7C.11." 
  1 25 
  1 26 
  1 27                               
  1 28 COMMITTEE ON AGRICULTURE
  1 29 EDDIE of Buena Vista, Chairperson
  1 30 SF 2052.302 77
  1 31 da/cf/28
     
Text: H08359                            Text: H08361
Text: H08300 - H08399                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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