The director of revenue and finance and the administrator of the securities bureau of the insurance division shall each report on an annual basis to the senate's and house of representatives' committees on ways and means concerning issuers using the seed capital tax credit, as authorized for personal taxpayers by section 422.11C* and for corporate taxpayers by section 422.33, subsection 8,* and the expedited filing by registration system provided by section 502.207A.
90 Acts, ch 1196, §4
*Section 422.11C and section 422.33, subsection 8, repealed effective January 1, 1996; corrective legislation is pending
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