Amend House File 599, as passed by the House, as follows:
   1.  Page 1, before line 1 by inserting: 

<DIVISION I

GENERAL PROVISIONS>
   2.  Page 1, after line 24 by inserting: 
   <Sec. ___.  Section 175.8, subsection 1, unnumbered paragraph 1, Code 2013, is amended to read as follows:

   The authority shall submit a report to the governor and to the members of the general assembly as request it, not later than January 15 of each year, a. The report shall be complete and economically designed and reproduced, report setting forth all of the following:>
   3.  Page 2, line 22, after <experience> by inserting <in>
   4.  Page 9, line 31, by striking <agricultural development> 
   5.  Page 12, line 9, before <Act> by inserting <division of this>
   6.  Page 12, line 11, before <Act> by inserting <division of this>
   7.  Page 12, after line 13 by inserting: 

<DIVISION II

FUTURE REPEALS
   Sec. ___.  FUTURE REPEALS.
   1.  The sections of this Act amending sections 2.48, 175.8, 175.37, 422.11M, and 422.33, are repealed. The Code editor shall revise the applicable Code language to that language existing in the 2013 Code of Iowa.
   2.  The sections of this Act enacting section 175.2, subsection 1, paragraphs “0h”, “0t”, “00t”, and “v”, section 175.36A, section 175.36B, section 175.38, and section 175.39, are repealed.
   3.  Any intervening amendments effective prior to the effective date of this division of this Act that relates to the beginning farmer tax credit program shall be stricken with the repeal, unless a subsequent Act specifically provides otherwise.
   Sec. ___.  PRESERVATION OF EXISTING RIGHTS.

   This division of this Act shall not limit, modify, or otherwise adversely affect any of the following:

   1.  A tax credit or tax credit certificate issued, awarded, or allowed before the effective date of this division of this Act.
   2.  A taxpayer’s right to claim or redeem a tax credit issued, awarded, or allowed before the effective date of this division of this Act, including but not limited to any tax credit carryforward amount.
   Sec. ___.  IOWA FINANCE AUTHORITY.  The Iowa finance authority established in chapter 16 shall propose legislation to the general assembly necessary to implement this division of this Act. The Iowa finance authority shall propose such legislation for consideration by the general assembly during its 2017 legislative session.
   Sec. ___.  EFFECTIVE DATES.
   1.  Except as provided in subsection 2, this division of this Act takes effect December 31, 2017.
   2.  The section of this division of this Act which requires the Iowa finance authority to propose legislation for consideration by the general assembly takes effect July 1, 2013.>
   8.  By renumbering, redesignating, and correcting internal references as necessary.

______________________________
CHRIS BRASE