House Journal: Page 1721: Thursday, May 1, 2003
15 trust fund. The total amount transferred, in the
16 aggregate, under this paragraph for all fiscal years
17 shall not exceed the difference between sixty one
18 hundred one million five seven hundred fifty-one
19 thousand dollars and the amounts transferred to the
20 endowment for Iowa's health account to repay the
21 amounts transferred or appropriated from the endowment
22 for Iowa's health account in 2002 Iowa Acts, chapter
23 1165, 2002 Iowa Acts, chapter 1166, 2002 Iowa Acts,
24 chapter 1167, and 2002 Iowa Acts, Second Extraordinary
25 Session, chapter 1003, and 2003 Iowa Acts, House File
26 685."
27 2. By renumbering as necessary.
Amendment H-1562 was adopted.
Schickel of Cerro Gordo offered amendment H-1574 filed by
Schickel, et al., as follows:
H-1574
1 Amend House File 700 as follows:
2 1. Page 10, by inserting after line 25 the
3 following:
4 "Sec. . Section 427B.19A, subsection 1, as
5 amended by 2003 Iowa Acts, Senate File 453, if
6 enacted, is amended to read as follows:
7 1. The industrial machinery, equipment and
8 computers property tax replacement fund is created.
9 For the fiscal year beginning July 1, 1996, through
10 the fiscal year ending June 30, 2004, there is
11 appropriated annually from the general fund of the
12 state to the department of revenue and finance to be
13 credited to the industrial machinery, equipment and
14 computers property tax replacement fund, an amount
15 sufficient to implement this division. However, for
16 the fiscal year beginning July 1, 2003, the amount
17 appropriated to the department of revenue and finance
18 to be credited to the industrial machinery, equipment
19 and computers tax replacement fund is ten eleven
20 million two hundred eighty-one thousand six hundred
21 eight-five dollars."
22 2. Page 11, by inserting after line 32 the
23 following:
24 "Sec. . FRANCHISE TAX REVENUE ALLOCATION.
25 There is appropriated from the franchise tax revenues
26 deposited in the general fund of the state to the
27 department of revenue and finance for the fiscal year
28 beginning July 1, 2003, and ending June 30, 2004,
29 $8,800,000 to be allocated as follows:
30 1. Sixty percent to the general fund of the city
© 2003 Cornell College and
League of Women Voters of Iowa
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