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House Journal: Page 302: Tuesday, February 12, 2002

Tymeson of Madison offered the following amendment H-8033 filed
by the committee on ways and means and moved its adoption:

H-8033

1 Amend House File 2035 as follows:
2 1. Page 1, line 5, by striking the words and
3 figure "or division III" and inserting the following:
4 ", ~~or division~~ III, or V".
5 2. Page 1, line 13, by inserting after the word
6 "taxes" the following: "and the franchise tax".
7 3. Page 1, by inserting after line 17 the
8 following:
9 "Sec. . Section 422.60, Code 2001, is amended
10 by adding the following new subsection:
11 NEW SUBSECTION. 4. a. The taxes imposed under
12 this division shall be reduced by a property
13 rehabilitation tax credit equal to the amount as
14 computed under chapter 404A for rehabilitating
15 eligible property. Any credit in excess of the tax
16 liability shall be refunded as provided in section
17 404A.4, subsection 3.
18 b. For purposes of this subsection, "eligible
19 property" means the same as used in section 404A.1."
20 4. By renumbering as necessary.

The committee amendment H-8033 was adopted.

Tymeson of Madison moved that the bill be read a last time now
and placed upon its passage which motion prevailed and the bill was
read a last time.

On the question "Shall the bill pass?" (H.F. 2035)

The ayes were, 97:

Alons	Arnold	Atteberry	Baudler
Bell	Boal	Boddicker	Boggess
Bradley	Brauns	Broers	Brunkhorst
Carroll	Chiodo	Cohoon	Connors
Cormack	De Boef	Dix	Dolecheck
Dotzler	Drake	Eddie	Eichhorn
Elgin	Fallon	Finch	Foege
Frevert	Garman	Gipp	Greimann
Grundberg	Hahn	Hansen	Hatch
Heaton	Hoffman	Horbach	Hoversten
Huseman	Huser	Jacobs	Jenkins
Jochum	Jones	Kettering	Klemme
Kreiman	Kuhn	Larkin	Larson

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