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state board of regents, amended by the House in House amendment S-3632, filed May 3, 2001. (Action on Senate File 535 was deferred, House amendment S-3632 pending.) The Senate stood at ease at 5:32 p.m. until the fall of the gavel for the purpose of party caucuses. The Senate resumed session at 7:25 p.m., Senator Angelo presiding. QUORUM CALL Senator Iverson requested a nonrecord roll call to determine that a quorum was present. The vote revealed 43 present, 7 absent, and a quorum present. LEAVES OF ABSENCE Leaves of absence were granted as follows: Senators McCoy and Shearer, until they return, on request of Senator Gronstal; and Senators McLaren and Miller, until they return, on request of Senator Freeman. BUSINESS PENDING House File 714 The Senate resumed consideration of House File 714, 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, previously deferred. Senator McKinley moved that the bill be read the last time now and placed upon its passage, which motion prevailed by a voice vote, and the bill was read the last time.
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