Senate Journal: Page 78: Tuesday, January 22, 2002
SSB 3024
JUDICIARY: Maddox, Chair; Fraise and McKean
SSB 3025
BUSINESS AND LABOR RELATIONS: Freeman, Chair; Fraise and Schuerer
SSB 3026
BUSINESS AND LABOR RELATIONS: Freeman, Chair; Fraise and Schuerer
SSB 3027
NATURAL RESOURCES AND ENVIRONMENT: Sexton, Chair; Fink and Miller
SSB 3028
NATURAL RESOURCES AND ENVIRONMENT: Sexton, Chair; Black and Miller
SSB 3029
NATURAL RESOURCES AND ENVIRONMENT: Black, Chair; Houser and Sexton
SSB 3030
NATURAL RESOURCES AND ENVIRONMENT: Freeman, Chair; Bolkcom and
Lundby
SSB 3031
NATURAL RESOURCES AND ENVIRONMENT: Fink, Chair; Drake and Lundby
COMMITTEE REPORT
WAYS AND MEANS
Final Bill Action: *SENATE FILE 2025 (formerly SF 2021), a bill for an act relating
to economic stimulus measures for businesses by 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; 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, and limiting the fiscal
impact of the partial deductions; establishing a small business growth initiative by
adjusting the allocation to Iowa of income earned by an S corporation for purposes of
the state individual income tax; and including effective and retroactive applicability
date provisions.
Recommendation: APPROVED COMMITTEE BILL.
© 2002 Cornell College and
League of Women Voters of Iowa
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Last update: Tue Mar 26 15:15:00 CST 2002
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