House Journal: Page 1263: Wednesday, April 23, 2003
18 revenue and finance shall initiate proceedings to
19 recover state taxes received by the recipient.
20 2. Any state taxes recovered by the department of
21 revenue and finance shall be deposited in the state
22 tax recovery fund. The state tax recovery fund is
23 created in the state treasury under the control of the
24 department of revenue and finance. Moneys in the fund
25 are appropriated to the department of revenue and
26 finance for purposes of initiating investigations and
27 recovery proceedings under this section. On June 30
28 of each fiscal year, any unobligated moneys remaining
29 in the fund shall be deposited in a fund enacted by
30 the general assembly during the 2003 legislative
31 session and funded with bond sale proceeds totaling
32 more than five hundred million dollars."
33 2. Title page, line 1, by inserting after the
34 word "program" the following: ", economic development
35 accountability and funding,".
36 3. By renumbering as necessary.
Amendment H-1439 lost.
Jochum of Dubuque asked and received unanimous consent to
withdraw amendment H-1341, previously deferred, filed by her on
April 15, 2003.
The House stood at ease at 1:40 p.m., until the fall of the gavel.
The House resumed session at 1:55 p.m., Jacobs of Polk in the
chair.
Huser of Polk offered the following amendment H-1442 filed by her
from the floor and moved its adoption:
H-1442
1 Amend House File 679 as follows:
2 1. Page 4, by inserting after line 20 the
3 following:
4 "Sec. ___. Section 15E.193B, subsection 4, Code
5 2003, is amended to read as follows:
6 4. The eligible housing business shall complete
7 its building or rehabilitation within two years from
8 the time the business begins construction on the
9 single-family homes and dwelling units. The failure
10 to complete construction or rehabilitation within two
11 years shall result in the eligible housing business
12 becoming ineligible and subject to the repayment
13 requirements and penalties enumerated in subsection 7.
14 The department may extend the prescribed two-year
© 2003 Cornell College and
League of Women Voters of Iowa
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