House Journal: Page 1722: Thursday, May 1, 2003
31 from which the tax is collected.
32 2. Forty percent to the county from which the tax
33 is collected.
34 If the financial institution maintains one or more
35 offices for the transaction of business, other than
36 its principal office, a portion of its franchise tax
37 shall be allocated to each office, based upon a
38 reasonable measure of the business activity of each
39 office. The director of revenue and finance shall
40 prescribe, for each type of financial institution, a
41 method of measuring the business activity of each
42 office. Financial institutions shall furnish all
43 necessary information for this purpose at the request
44 of the director. The allocation shall be distributed
45 quarterly.
46 Sec. . 2003 Iowa Acts, Senate File 453, section
47 28, if enacted, is repealed."
Wise of Lee offered the following amendment H-1599, to
amendment H-1574, filed by Wise, Bell of Jasper, Cohoon of Des
Moines, Winckler of Scott, Lykam of Scott, Ford of Polk, Osterhaus of
Jackson, Mascher of Johnson, Murphy of Dubuque and Jochum of
Dubuque and moved its adoption:
H-1599
1 Amend the amendment, H-1574, to House File 700 as
2 follows:
3 1. Page 1, by striking lines 19 and 20 and
4 inserting the following: "and computers tax
5 replacement fund is ten twenty million eighty-one
6 thousand six hundred".
7 2. Page 1, by striking lines 24 through 45.
Roll call was requested by Wise of Lee and Murphy of Dubuque.
On the question "Shall amendment H-1599 be adopted?" (H.F. 700)
The ayes were, 43:
|
Bell | Berry | Cohoon | Connors |
|
Davitt | Eichhorn | Fallon | Foege |
|
Ford | Frevert | Gaskill | Greimann |
|
Hahn | Heddens | Hunter | Jochum |
|
Kuhn | Lensing | Lykam | Mascher |
|
McCarthy | Mertz | Miller | Murphy |
|
Myers | Oldson | Olson, D. | Osterhaus |
|
Petersen | Quirk | Reasoner | Shoultz |
|
Smith | Stevens | Swaim | Taylor, D. |
|
|
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League of Women Voters of Iowa
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