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House Journal: Page 1131: Wednesday, April 1, 1998

Also: That the Senate has on April 1, 1998, amended the House
amendment, concurred in the House amendment as amended, and
passed the following bill in which the concurrence of the House
is asked:
Senate File 2321, a bill for an act relating to the
confidentiality of certain records and reports held by the labor

Unfinished Business Calendar
Senate File 2052, a bill for an act relating to programs
involving government finance, by providing for the issuance of
private activity bonds to administer programs by governmental
entities, including the Iowa agricultural development authority
and political subdivisions, and providing program assistance to
beginning farmers, with report of committee recommending
amendment and passage, was taken up for consideration.
Klemme of Plymouth asked and received unanimous consent that the
committee amendment H-8360 be deferred.
Rants of Woodbury asked and received unanimous consent that
amendment H-8126 and amendment H-8139 be deferred.
Warnstadt of Woodbury offered amendment H-8717 filed by
Warnstadt, et al., as follows:


 1     Amend Senate File 2052, as amended, passed, and
 2   reprinted by the Senate, as follows:
 3     1.  By striking page 1, line 1, through page 2,
 4   line 7, and inserting the following:
 5     "Sec. ___.  Section 7C.4A, Code 1997, is amended to
 6   read as follows:
 8     For each calendar year, the The state ceiling
 9   be allocated among bonds issued for various purposes
10   as follows:
11     1.  For each calendar year, ninety-seven percent of
12   the first one hundred fifty million dollars of the
13   state ceiling shall be allocated as follows:
14     a.  Thirty percent of the state ceiling amount
15   shall be allocated solely to the Iowa finance
16   authority for the following purposes:
17     a. (1)  Issuing qualified mortgage bonds.
18     b. (2)  Reallocating the amount, or any portion
19   thereof, to another qualified political subdivision
20   for the purpose of issuing qualified mortgage bonds;

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