Iowa Trust funds fully recovered after $7.9 million settlement
The court appointed receiver, David Lyons, says the Iowa Trust Fund has recovered 100 percent of the initial theft from Steven Wymer. Palm Desert and Indio agreed to repay funds, restoring balances to Dec 10, 1991 levels. Distributions totaling nearly $98 million have been made to members, with more possible. Wymer serves a federal prison term for stealing over $75 million.
MENTIONED IN THIS ARTICLE
Gazene Ves Moines
Sureau
DES Moines
Iowa Trust Fund
California
Palm Desert
Indio
Steven Wymer
Iowa
David Lyons
Iowa Insurance
Iowa Trust
Lyons
Wymer
Dial
Polk County
Michael Streit
Iowa considers community service for delinquent child support
Iowa judges could order up to 120 hours of community service for parents in contempt of court for failing to pay child support. A $100,000 pilot would reimburse counties to run 500 cases at $200 each, with up to 20 hours weekly for six weeks and possible jail time for violations.
MENTIONED IN THIS ARTICLE
Rod Boshart
Des Moines
Iowa
Bonnie Campbell
Campbell
Joint Legislative Human Services Budget Subcommittee
Wisconsin
Small firms seek same tax breaks as Ipsco
Iowa legislators debate broadening property tax abatements to lure big capital projects and high paying jobs. The Ipsco package grants a 30 day window for similar incentives to other companies investing 250 million dollars, while changes loosen farmland rules for foreign companies and drop land use restrictions.
MENTIONED IN THIS ARTICLE
Ipsco
Des Moines
Canada Steel
Muscatine County
Senate
Wally Horn
Cedar Rapids
House
Small Business, Economic Development and Trade Committee
Gaming measure rerouted in Des Moines alluding to gambling limits
House Speaker Harold Van Maanen quietly moved a gambling bill to a committee where action may stall. The measure lifting betting limits and allowing slot machines at tracks was approved 13 to 8 by the House Small Business and Economic Development Committee before being sent to the House State Government Committee led by Rep. Dorothy Carpenter, who opposes gambling and may block debate.
MENTIONED IN THIS ARTICLE
Des Moines
Harold van Maanen
House
Small Business and Economic Development Committee
van Maanen
R-Pella
State Government Committee
Dorothy Carpenter
West Des Moines
Senate
Iowa Senate approves board for fiber-optic network
The Senate voted 47-0 to create an eight member Iowa Communications Network Board to oversee the state fiber optic system started in 1989. Gov Branstad would appoint members for Senate confirmation this spring as the House works on bids for local hookups amid ongoing overruns and incomplete school and government connections.
MENTIONED IN THIS ARTICLE
Des Moines
Senate
Jack Rife
R-Durant
Iowa Communications Network Board
Board of Regents
Joe Welsh
Dubuque
Senate Communication and Information Policy Committee
Terry Branstad
Branstad
House
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