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House Journal: Page 28: Monday, January 14, 2002

H.S.B. 503 Education

Adding certain information concerning school or educational
institution security or emergency preparedness to the list of public
records kept confidential.

H.S.B. 504 Ways and Means

Relating to deferment of taxable income for start-up businesses and
providing an effective and retroactive applicability date.

H.S.B. 505 Ways and Means

Allowing a tax deduction for equity investments in venture capital
funds, limiting the fiscal impact of the tax deductions, and including
an effective and retroactive applicability date provision.

H.S.B. 506 Ways and Means

Updating the Iowa Code references to the Internal Revenue Code,
repealing an adjustment to net income for capital gains from
installment sales, relating to an adjustment to income for school
district income surtax paid, providing that refunds from the federal
rebate are not taxable, correcting a reference in the innocent spouse
statute, and providing retroactive applicability dates and an effective
date.

H.S.B. 507 Ways and Means

Creating an Iowa capital investment board, authorizing the
organization of an Iowa capital investment corporation and an Iowa
fund of funds, and authorizing the issuance of contingent tax credits
to investors in the Iowa fund of funds.

H.S.B. 508 Transportation

Increasing the speed limit for certain vehicular traffic on certain
interstate highways that have been identified by federal law as high
priority corridors.



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