Senate Journal: Page 1271: Wednesday, April 15, 1998

  CONSIDERATION OF BILL
  (Ways and Means Calendar)

  Senator Iverson asked and received unanimous consent to take up
  for consideration House File 2513.

  House File 2513

  On motion of Senator McKibben, House File 2513, a bill for an act
  relating to the individual income tax by eliminating the taxation of
  certain capital gains and providing special treatment of gains from
  the sales of businesses to descendants, increasing the amount of
  pension income excluded, increasing certain personal exemption tax
  credits, and increasing and expanding the tuition and textbook tax
  credit, exempting sales and services to certain nonprofit hospitals
  from the sales, services, and use taxes, and relating to the income
  eligibility requirements for the homestead property tax credit, mobile
  home tax credit, or reimbursement for rent constituting property
  taxes paid, and including effective and prospective and retroactive
  applicability date provision, with report of committee recommending
  passage, was taken up for consideration.

  The Senate stood at ease at 10:02 a.m. until the fall of the gavel for
  the purpose of party caucuses.

  The Senate resumed session at 12:20 p.m., President Kramer
  presiding.

  (Action on House File 2513 was deferred.)

  QUORUM CALL

  Senator Iverson requested a non-record roll call to determine that
  a quorum was present.

  The vote revealed 34 present, 16 absent, and a quorum present.

  HOUSE MESSAGES RECEIVED

  The following messages were received from the Chief Clerk of the
  House:

© 1998 Cornell College and League of Women Voters of Iowa

Comments about this site or page? sjourn@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: Thu Apr 16 13:40:37 CDT 1998
URL: /DOCS/GA/77GA/Session.2/SJournal/01200/01271.html
jhf