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Senate Journal: Page 1138: Monday, April 16, 2001

  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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