Text: H08606                            Text: H08608
Text: H08600 - H08699                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index



House Amendment 8607

Amendment Text

PAG LIN
  1  1    Amend House File 2578 as follows:
  1  2    #1.  Page 20, line 30, by striking the word
  1  3 "subdivision" and inserting the following:
  1  4 "subdivisions".
  1  5    #2.  Page 21, by inserting after line 6 the
  1  6 following:
  1  7    "NEW SUBPARAGRAPH SUBDIVISION.  (d)  This
  1  8 subparagraph subdivision applies to the annual amount
  1  9 that the corporation is required to repay the
  1 10 department pursuant to this subparagraph and the
  1 11 annual amount that the department is required to
  1 12 deposit into the road use tax fund pursuant to
  1 13 subsection 8.  That amount shall at least equal four
  1 14 percent of the total amount of the Iowa agricultural
  1 15 industry finance loan that the department awarded to
  1 16 the corporation.  However, the amount required to be
  1 17 repaid to the department and deposited into the road
  1 18 use tax fund shall never be less than one million
  1 19 dollars.  The amount shall not be altered by any
  1 20 financing provided to an eligible person or other
  1 21 transfer of moneys made by the corporation, including
  1 22 but not limited to a loan made by the corporation the
  1 23 assignment of which the department has accepted
  1 24 pursuant to this subparagraph."
  1 25    #2.  By renumbering as necessary.  
  1 26 
  1 27 
  1 28                               
  1 29 KUHN of Floyd
  1 30 HF 2578.714 80
  1 31 da/gg
     

Text: H08606                            Text: H08608
Text: H08600 - H08699                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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