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Senate Journal: Page 60: Wednesday, January 15, 1997

  THIRD CALENDAR DAY
  THIRD SESSION DAY

  Senate Chamber
  Des Moines, Iowa, Wednesday, January 15, 1997

  The Senate met in regular session at 9:02 a.m., President Kramer
  presiding.
  Prayer was offered by the Reverend Keith Scott, pastor of the First
  United Methodist Church, Cedar Falls, Iowa.
  The Journal of Tuesday, January 14, 1997, was approved.

  INTRODUCTION OF BILLS

  Senate File 25, by Rife, a bill for an act relating to state
  reimbursement for the granting of certain property tax credits and rent
  reimbursements and including effective and applicability
  date provisions.
  Read first time and passed on file.

  Senate File 26, by Rife, a bill for an act relating to the individual
  income tax by extending the special method of computation of tax for
  value-added S corporation shareholders to all S corporation
  shareholders and eliminating the refund limitation and providing a
  retroactive applicability date provision.

  Read first time and passed on file.

  The Senate stood at ease at 9:10 a.m., for the purpose of a party
  caucus until 9:45 a.m. for the joint convention in the House.
  JOINT CONVENTION

  In accordance with law and House Concurrent Resolution 2, duly
  adopted, the joint convention was called to order at 9:56 a.m., President
  Kramer presiding.

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