House Journal: Page 1262: Wednesday, April 23, 2003
Lukan of Dubuque offered the following amendment H-1378 filed
by him and moved its adoption:
H-1378
1 Amend House File 679 as follows:
2 1. Page 5, by inserting after line 13 the
3 following:
4 "Sec. . EFFECTIVE AND RETROACTIVE APPLICABILITY
5 DATES. Sections 2 and 3 of this Act, relating to the
6 franchise tax credit, being deemed of immediate
7 importance, take effect May 1, 2003, and, if approved
8 by the governor after May 1, 2003, shall apply
9 retroactively to May 1, 2003."
10 2. Title page, line 1, by striking the words
11 "program and" and inserting the following:
12 "program,".
13 3. Title page, line 2, by inserting after the
14 word "credit" the following: ", and providing
15 effective and retroactive applicability dates".
16 4. By renumbering as necessary.
Amendment H-1378 was adopted.
Jochum of Dubuque asked and received unanimous consent that
amendment H-1341 be deferred.
Shoultz of Black Hawk offered the following amendment H-1439,
previously deferred, filed by him from the floor and moved its
adoption:
H-1439
1 Amend House File 679 as follows:
2 1. Page 1, by inserting before line 1 the
3 following:
4 "Section 1. NEW SECTION. 15.115 ACCOUNTABILITY.
5 1. If the department of economic development
6 determines that a recipient of financial assistance in
7 the form of a tax credit under a program administered
8 by the department of economic development has not met
9 performance measures and benchmarks developed by the
10 department, the department of economic development
11 shall notify the department of revenue and finance.
12 Upon notification, the department of revenue and
13 finance shall initiate an investigation of the failure
14 of the recipient to achieve the performance measures
15 and benchmarks. If the department of revenue and
16 finance determines that the performance and benchmarks
17 were not met by the recipient, the department of
© 2003 Cornell College and
League of Women Voters of Iowa
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Last update: Fri Aug 8 12:00:00 CDT 2003
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