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House Journal: Page 1249: Friday, April 3, 1998

37   liquidation or sale of the ISCC liquidation
38   corporation.
39     The ISCC liquidation corporation board may
40   determine the potential administrative, legal, and
41   contractual service costs for the liquidation or sale
42   of the corporation and may maintain a prudent reserve
43   fund from liquid assets of the corporation for such
44   purposes.  Upon the unanimous vote of the ISCC
45   liquidation corporation board the remainder of the
46   liquid assets shall be transferred to the strategic
47   investment fund established in section 15.313.
48     Following the complete liquidation and dissolution
49   of the corporation or the sale of the corporation, all
50   remaining moneys shall be transferred to the strategic

Page 5

 1   investment fund.  Upon transfer of the remaining
 2   moneys to the strategic investment fund, the ISCC
 3   liquidation corporation board shall be dissolved.""
 4     3.  Page 3, by inserting after line 49 the
 5   following:
 6     "   .  Page 19, by inserting after line 26 the
 7   following:
 8     "Sec. __.  Section 15E.86, Code 1997, is
 9   repealed.""
Amendment H-8898 was adopted.
Churchill of Polk asked and received unanimous consent that the
committee amendment H-8711, as amended, be deferred.
Millage of Scott asked and received unanimous consent that
amendment H-8900 be deferred.
Holveck of Polk asked and received unanimous consent that
amendment H-8852 be deferred.
Dotzler of Black Hawk asked and received unanimous consent that
amendment H-8860 and amendment H-8861 be deferred.
Reynolds-Knight of Van Buren asked and received unanimous
consent that amendment H-8862 be deferred.
Larkin of Lee offered the following amendment H-8818 filed by
him and Cohoon of Des Moines and moved its adoption:

H-8818

 1     Amend Senate File 2296, as amended, passed, and
 2   reprinted by the Senate, as follows:
 3     1.  Page 7, by inserting after line 4 the

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