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RULES AND ADMINISTRATION Final Bill Action: SENATE RESOLUTION 29, a resolution relating to a nonsubstantive redrafting of Iowa's campaign finance laws. Recommendation: DO PASS. Final Vote: Ayes, 9: Iverson, Kramer, Boettger, Dvorsky, Gaskill, Harper, Johnson, McKean, and Rittmer. Nays, none. Absent or not voting, 2: Gronstal and Fink. Fiscal Note: NOT REQUIRED UNDER JOINT RULE 17. WAYS AND MEANS Final Bill Action: SENATE FILE 521 (SSB 1254), a bill for an act establishing a new economy employment initiative by providing for a partial deduction under the individual income tax for the capital gain from the sale or exchange of capital stock of a corporation which was acquired by an individual on account of employment with the corporation, limiting the fiscal impact of the partial deductions, and including an effective and retroactive applicability date provision. Recommendation: APPROVED COMMITTEE BILL. Final Vote: Ayes, 9: McKibben, McKinley, Drake, Greiner, Lamberti, Maddox, Miller, Redwine, and Rehberg. Nays, 5: Harper, Bolkcom, Connolly, Flynn, and Holveck. Absent or not voting, 1: Deluhery. Fiscal Note: NOT REQUIRED UNDER JOINT RULE 17. ALSO: Final Bill Action: SENATE FILE 522 (SSB 1255), a bill for an act relating to a community renewal initiative by establishing a community development program to provide tax credits for income tax, franchise tax, premiums tax, and moneys and credits tax for businesses contributing to community development projects to aid certain neighborhoods and communities or contributing to child care benefits for employees and including effective and applicability date provisions. Recommendation: APPROVED COMMITTEE BILL. Final Vote: Ayes, 9: McKibben, McKinley, Drake, Greiner, Lamberti, Maddox, Miller, Redwine, and Rehberg. Nays, 5: Harper, Bolkcom, Connolly, Deluhery, and Flynn. Absent or not voting, 1: Holveck. Fiscal Note: NOT REQUIRED UNDER JOINT RULE 17. ALSO: Final Bill Action: SENATE FILE 523 (SSB 1260), a bill for an act relating to the size of an estate that may be distributed by affidavit, making related inheritance tax changes, and providing for the Act's applicability.
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