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House Journal: Page 893: Thursday, March 27, 1997

44     c.  Not be operated out of the home of any person,
45   unless the person is eligible for a deduction on
46   federal income taxes pursuant to 26 U.S.C. "/g" 280A.
47     d.  Not involve real estate investments, rental of
48   real estate, leasing of real estate, or real estate
49   speculation.
50     e.  Not provide the services of persons practicing

Page 5

 1   medicine and surgery pursuant to chapter 148,
 2   dentistry pursuant to chapter 153, chiropractic
 3   pursuant to chapter 151, optometry pursuant to chapter
 4   154, osteopathic medicine and surgery pursuant to
 5   chapter 150A, podiatry pursuant to chapter 149,
 6   psychology pursuant to chapter 154B, or law pursuant
 7   to section 602.10101 et seq.
 8     f.  Liquor, beer, and wine sales must not exceed
 9   twenty percent of annual sales.
10     6.  Loan proceeds shall not be used to refinance
11   existing debt, including credit card debt.  However,
12   proceeds may be used to refinance a short-term bridge
13   loan made in anticipation of the treasurer of state's
14   approval of the linked investment loan package.
15     7.  Eligible lending institutions shall verify the
16   borrower is eligible to participate under the
17   provisions of this section pursuant to rules adopted
18   by the treasurer of state pursuant to chapter 17A.
19     Sec. ___.  This Act shall have no effect, pursuant
20   to section 4.13, on loans in effect on the effective
21   date of this Act."
22     2.  By renumbering as necessary.
Wise of Lee offered the following amendment H-1445, to amendment
H-1436, filed by him from the floor and moved its adoption:

H-1445

 1     Amend the amendment, H-1436, to House File 613 as
 2   follows:
 3     1.  Page 2, line 8, by striking the words "sixty-
 4   five" and inserting the following:  "seventy-five".
Roll call was requested by Wise of Lee and Jochum of Dubuque.
On the question "Shall amendment H-1445, to amendment H-1436, be
adopted?" (H.F. 613)

The ayes were, 44:
Bell           	Bernau         	Brand          	Bukta         
	Burnett        	Cataldo	Chapman        	Chiodo         	Cohoon 
       	Connors        	Doderer        	Dotzler        	

Iowa General Assembly

Index: House Journal (77th General Assembly: Session 1)

© 1997 Cornell College and League of Women Voters of Iowa

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URL: /DOCS/GA/77GA/Session.1/HJournal/00800/00893.html
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