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House Journal: Page 1756: Friday, April 17, 1998

H-9269

 1     Amend Senate File 2415, as amended, passed, and
 2   reprinted by the Senate, as follows:
 3     1.  Page 16, by inserting after line 21 the
 4   following:
 5     "Sec. ___.  NEW SECTION.  15E.213  REAUTHORIZATION.
 6     Any Iowa agricultural industry finance corporation
 7   formed under this division shall be dissolved as
 8   provided in chapter 490, division XIV, unless the
 9   general assembly reauthorizes the corporation during a
10   session of a general assembly which convenes every
11   five years beginning when the 2003 Session of the
12   Eightieth General Assembly.  If the general assembly
13   fails to reauthorize a corporation, the corporation
14   shall wind up the affairs of the corporation within
15   six months of the adjournment of that session of the
16   general assembly, as provided by rules adopted by the
17   department.  The corporation shall provide for the
18   orderly liquidation of all assets, settle existing
19   liabilities, and transfer unobligated moneys to the
20   department for deposit into the road use tax fund.
21   This section shall not interfere with existing
22   contractual relationships executed by the corporation
23   and other parties, including eligible persons under
24   section 15E.210."
Amendment H-9269 lost.
Speaker pro tempore Van Maanen of Marion in the chair at 4:10
p.m.
Speaker Corbett in the chair at 4:40 p.m.
Houser of Pottawattamie moved that the bill be read a last time
now and placed upon its passage which motion prevailed and the
bill was read a last time.
On the question "Shall the bill pass?" (S.F. 2415)

The ayes were, 72:

Arnold 	Barry 	Bell 	Blodgett 
Boggess 	Bradley 	Brand 	Brauns 
Brunkhorst 	Bukta 	Carroll 	Cataldo 
Cohoon 	Cormack 	Dinkla 	Dolecheck 
Dotzler 	Drake 	Eddie 	Falck 
Frevert 	Gipp 	Greig 	Greiner 
Gries 	Grundberg 	Hahn 	Hansen 
Heaton 	Holmes 	Houser 	Huseman 
Huser 	Jacobs 	Jenkins 	Kinzer 
Klemme 	Kreiman 	Kremer 	Lamberti 
Larkin 	Larson 	Lord 	Martin 

© 1998 Cornell College and League of Women Voters of Iowa

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Last update: Mon Apr 20 13:40:03 CDT 1998
URL: /DOCS/GA/77GA/Session.2/HJournal/01700/01756.html
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