Text: H08764                            Text: H08766
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House Amendment 8765

Amendment Text

PAG LIN
  1  1    Amend House Joint Resolution 2006 as follows:
  1  2    #1.  Page 1, by striking line 1 and inserting the
  1  3 following:
  1  4    "Section 1.  The following amendment to the
  1  5 Constitution of the State of Iowa is proposed:
  1  6    Article VII of the Constitution of the State of".
  1  7    #2.  Page 1, by inserting after line 24, the
  1  8 following:
  1  9    "Sec. 2.  The following amendment to the
  1 10 Constitution of the State of Iowa is proposed:
  1 11    Section 5 of Article VII of the Constitution of the
  1 12 State of Iowa is repealed and the following adopted in
  1 13 lieu thereof:
  1 14    CONTRACTING DEBT – SUBMISSION TO THE PEOPLE.  SEC.
  1 15 5.  Except the debts herein before specified in this
  1 16 article, no debt shall be hereafter contracted by, or
  1 17 on behalf of this State, unless such debt shall be
  1 18 authorized by some law for some single work or object,
  1 19 to be distinctly specified therein; and such law shall
  1 20 impose and provide for the collection of a direct
  1 21 annual tax or for collection of a tax on gambling
  1 22 activity or for diversion of proceeds from a tax on
  1 23 gambling activity which tax is already authorized by
  1 24 law, sufficient to pay the interest on such debt, as
  1 25 it falls due, and also to pay and discharge the
  1 26 principal of such debt, within twenty years from the
  1 27 time of the contracting thereof; but no such law shall
  1 28 take effect until at a general election it shall have
  1 29 been submitted to the people, and have received a
  1 30 majority of all the votes cast for and against it at
  1 31 such election; and all money raised by authority of
  1 32 such law, shall be applied only to the specific object
  1 33 therein stated, or to the payment of the debt created
  1 34 thereby; and such law shall be published in at least
  1 35 one newspaper in each County, if one is published
  1 36 therein, throughout the State, for three months
  1 37 preceding the election at which it is submitted to the
  1 38 people."
  1 39    #3.  Page 1, by striking line 25, and inserting the
  1 40 following:
  1 41    "Sec.  3.  The foregoing proposed amendments to
  1 42 the".
  1 43    #4.  Page 1, line 26, by striking the word "is" and
  1 44 inserting the following:  "are".
  1 45    #5.  Title page, line 1, by striking the words "an
  1 46 amendment" and inserting the following:  "amendments".
  1 47    #6.  Title page, line 4, by inserting after the
  1 48 words "use tax" the following:  "and relating to the
  1 49 state contracting debt".
  1 50    #7.  By renumbering as necessary.  
  2  1 
  2  2 
  2  3                               
  2  4 SHOULTZ of Black Hawk
  2  5 HJR 2006.702 78
  2  6 sc/cls
     

Text: H08764                            Text: H08766
Text: H08700 - H08799                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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