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Senate Journal: Page 1405: Wednesday, April 23, 1997

  101st Day WEDNESDAY, APRIL 23, 1997 1405
  APPENDIX

  COMMITTEE REPORTS

  WAYS AND MEANS

  Final Bill Action: SENATE FILE 553 (SSB 267), a bill for an act relating to
  the tax
  treatment of financial institutions and its shareholders which have made an
  election
  under subchapter S of the Internal Revenue Code and including a retroactive
  applicability date provision.

  Recommendation: APPROVED COMMITTEE BILL.

  Final Vote: Ayes, 13: Douglas, McKibben, Borlaug, Connolly, Deluhery, Drake,
  Freeman, Hedge, Judge, Maddox, Redfern, Szymoniak and Vilsack. Nays, none.
  Absent or not voting, 2: Palmer and McLaren.

  Fiscal Note: REQUIRED UNDER JOINT RULE 17.

  ALSO:

  Final Bill Action: *SENATE FILE 554 (SSB 270), a bill for an act providing
  for the
  creation of an Iowa educational savings plan trust, addressing tax aspects,
  and
  containing applicability provisions.

  Recommendation: APPROVED COMMITTEE BILL.

  Final Vote: Ayes, 15: Douglas, McKibben, Palmer, Borlaug, Connolly,
  Deluhery,
  Drake, Freeman, Hedge, Judge, Maddox, McLaren, Redfern, Szymoniak and
  Vilsack.
  Nays, none.

  Fiscal Note: REQUIRED UNDER JOINT RULE 17.

  *Pursuant to Senate Rule 40, the Legislative Service Bureau reported
  nonsubstantive changes to the members of the Ways and Means Committee on
  Senate
  File 554 and they were attached to the committee report.

  ALSO:

  Final Bill Action: HOUSE FILE 724, a bill for an act relating to investments
  in
  counties and cities by providing for the establishment of enterprise zones
  in areas of
  counties and cities for which tax incentives and assistance are available
  for eligible
  businesses locating or located in the enterprise zone.

  Recommendation: AMEND AND DO PASS AS PROVIDED IN AMENDMENT
  S(3736.

  Final Vote: Ayes, 14 Douglas, McKibben, Palmer, Borlaug, Connolly, Deluhery,
  Drake, Freeman, Hedge, Judge, Maddox, McLaren, Redfern and Szymoniak. Nays,
  1:
  Vilsack.

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