House Amendment 1440


PAG LIN




     1  1    Amend House File 690 as follows:
     1  2 #1.  Page 6, by striking lines 3 and 4 and
     1  3 inserting the following:
     1  4    <Sec.    .  EFFECTIVE AND APPLICABILITY DATE
     1  5 PROVISION.  This Act takes effect on the date the
     1  6 legislative fiscal bureau notifies the department of
     1  7 revenue and finance that new revenues for the general
     1  8 fund of the state have been generated from the new
     1  9 jobs created as a result of the assistance provided
     1 10 businesses by the Iowa values fund that will at least
     1 11 offset the estimated future revenue loss to the
     1 12 general fund of the state as a result of the
     1 13 implementation of this Act.  If this Act takes effect,
     1 14 this Act applies retroactively to January 1 preceding
     1 15 the effective date for tax years beginning on or after
     1 16 that date.  The "Iowa values fund" means a fund
     1 17 established during the 2003 legislative session which
     1 18 is financed through the issuance of bonds or notes.>
     1 19 #2.  Title page, line 3, by inserting after the
     1 20 word <including> the following:  <and effective and>.
     1 21
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     1 23                               
     1 24 SHOULTZ of Black Hawk
     1 25 HF 690.201 80
     1 26 mg/sh
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