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2 follows:
3 1. Page 1, by striking lines 8 through 11 and
4 inserting the following: "amount of the tax credit by
5 recomputing the amount of tax under this division by
6 reducing the taxable income of the taxpayer by the
7 taxpayer's pro rata share of the items of income and
8 expense of the financial institution and subtracting
9 the credits allowed under section 422.12. This
10 recomputed tax shall be subtracted from the amount of
11 tax computed under this division after the deduction
12 for".
A non-record roll call was requested.
The ayes were 45, nays 34.
The committee amendment H-1974 was adopted.
Larson of Linn moved that the bill be read a last time now and
placed upon its passage which motion prevailed and the bill was
read a last time.
On the question "Shall the bill pass?" (S.F. 553)
The ayes were, 98:
Arnold Barry Bell Bernau
Blodgett Boddicker Boggess Bradley
Brand Brauns Brunkhorst Bukta Burnett
Carroll Cataldo Chapman Chiodo
Churchill Cohoon Corbett, Spkr. Cormack
Dinkla Dix Doderer Dolecheck
Dotzler Drake Drees Eddie
Falck Fallon Foege Ford
Frevert Garman Gipp Greig
Greiner Gries Grundberg Hahn
Hansen Heaton Holmes Holveck
Houser Huseman Huser Jacobs
Jenkins Jochum Kinzer Klemme
Koenigs Kreiman Kremer Lamberti
Larkin Larson Lord Martin
Mascher May Mertz Metcalf
Meyer Millage Moreland Mundie
Murphy Myers O'Brien Osterhaus
Rants Rayhons Reynolds-Knight Richardson
Scherrman Schrader Shoultz Siegrist Sukup
Taylor Teig Thomas Thomson
Tyrrell Van Fossen Van Maanen Vande
Hoef Warnstadt Weidman Weigel
Welter Whitead Wise Witt
Veenstra,
Presiding
The nays were, none.
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