This file contains STRIKE and UNDERSCORE. If you cannot see either STRIKE or UNDERSCORE attributes or would like to change how these attributes are displayed, please use the following form to make the desired changes.

House Journal: Page 1243: Friday, April 3, 1998

 5   to this paragraph shall include the compensation
 6   received, including salary and benefits, received by
 7   each employee and board member.
 8     NEW SUBSECTION.  20.  Require any nonprofit
 9   corporation created by or in association with the
10   authority since January 1, 1989, to adopt a written
11   conflict of interests policy.
12     Sec. 13D.  AUDIT.  By January 15, 1999, the auditor
13   of state shall conduct an audit, or review any
14   previously completed audit, of any nonprofit
15   corporation in existence which has been incorporated
16   since January 1, 1989, by or in association with the
17   Iowa finance authority, for the entire time period
18   since the corporation was incorporated.  The auditor
19   shall make or cause to be made a written report
20   consistent with and similar to the type of report
21   required under section 11.4.  The auditor of state may
22   conduct similar additional audits of the same
23   nonprofit corporation as the auditor deems necessary
24   and the nonprofit corporation shall pay a fee for all
25   audits conducted.
26     Sec. 13E.  HOUSING CORPORATION BOARD.  The board of
27   directors of the Iowa housing corporation shall
28   consist of seven voting members serving staggered
29   three-year terms.  Two members shall be
30   representatives of nonprofit housing organizations
31   appointed by the governor subject to confirmation by
32   the senate.  The Iowa association of realtors, the
33   home builders association of Iowa, and the Iowa
34   bankers association shall all appoint one member to
35   the board.  The governor shall appoint the remaining
36   two board members subject to confirmation by the
37   senate.  The initial terms of one representative of a
38   nonprofit housing organization and the representative
39   of the Iowa association of realtors shall be appointed
40   for terms commencing by July 1, 1998, or as soon
41   thereafter as possible, the representative of the Iowa
42   bankers association and one appointment by the
43   governor from the general public shall be appointed
44   for terms commencing May 1, 1999, and the
45   representative of the home builders association of
46   Iowa, one representative of a nonprofit housing
47   organization, and one appointment by the governor from
48   the general public shall be appointed for terms
49   commencing May 1, 2000.  Board members serving on the
50   effective date of this section shall continue to serve

Page 3

 1   on the board until replaced by members designated in
 2   this section.  After the initial appointments, all
 3   succeeding appointees shall serve staggered three year
 4   terms beginning and ending as provided in chapter 69.

© 1998 Cornell College and League of Women Voters of Iowa

Comments about this site or page? hjourn@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.

Last update: Mon Apr 6 13:40:03 CDT 1998
URL: /DOCS/GA/77GA/Session.2/HJournal/01200/01243.html
jhf