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House Journal: Page 1751: Friday, April 17, 1998

 7   industry venture, unless the board of directors for
 8   the corporation determines that the eligible recipient
 9   has a substantial equity position in the Iowa
10   agricultural industry venture."
Amendment H-9268 lost.
Churchill of Polk offered the following amendment H-9265 filed
by him from the floor and moved its adoption:

H-9265

 1     Amend Senate File 2415, as amended, passed, and
 2   reprinted by the Senate, as follows:
 3     1.  Page 12, by striking lines 25 through 28 and
 4   inserting the following:  "articles shall provide that
 5   an audit of the corporation must be conducted each
 6   year for the preceding year by a certified public
 7   accountant licensed pursuant to chapter 542C.  The
 8   auditor of state may audit the books and accounts of
 9   the corporation at any time.  The results of the
10   annual audit and any audit for the current year
11   conducted by the auditor of state shall be included as
12   part of the report."
Amendment H-9265 was adopted.
Reynolds-Knight of Van Buren asked and received unanimous
consent to withdraw amendment H-9221 filed by her on April 16,
1998.
Weigel of Chickasaw asked and received unanimous consent that
amendment H-9242 be deferred.
Dotzler of Black Hawk asked and received unanimous consent to
withdraw amendment H-9243 filed by him on April 16, 1998.
Taylor of Linn asked and received unanimous consent to withdraw
amendments H-9244 and H-9245,  filed by him on April 16, 1998.
Holveck of Polk offered the following amendment H-9249 filed by
him and moved its adoption:

H-9249

 1     Amend Senate File 2415, as amended, passed, and
 2   reprinted by the Senate, as follows:
 3     1.  Page 15, by inserting after line 20 the
 4   following:
 5     "(__)  The agricultural products processor must
 6   make a capital investment in the certified facility of
 7   at least twice the amount of financing invested in the
 8   certified facility by the corporation."

© 1998 Cornell College and League of Women Voters of Iowa

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