Iowa to work on a workable usury law this session
The Iowa General Assembly aims to craft a workable usury law amid debates over floating rate ceilings. Bills differ on real estate and non real estate loans with terms from four percent above rates to no ceiling, while political leaders push for careful reform before mid-session.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa General Assembly
68Th General Assembly
Iowa
General Assembly
House Commerce Committee
Robert M.L. Johnson
Cedar Rapids
House
Senate Committee
Iowa AG rules on farm tax question unconstitutional
Iowa's single factor corporate income tax cannot tax the entire net income of a farm corporation doing business partly out of state. The attorney general's opinion says only income fairly attributable to Iowa sales may be taxed, citing Moorman Manufacturing Co. v. Iowa and the U.S. and Iowa constitutions. The ruling supports limited state taxation where minimal connection exists between income activities and Iowa.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Tom Miller
Harry Grieger
Herbert Hinkhouse
D-West Branch
Hugo Schnekloth
R-Eldridge
U.S
Senate to debate $6.75 million in supplemental inflation aid
Iowa Senate plans seven bills totaling 6 752 407 dollars for supplemental funding to state agencies facing inflation and unexpected costs. An amendment would provide up to 1 million for loans to grain elevator creditors in Stockport losses affecting southeast farmers. Major items include 4.57 million for Aid to Dependent Children and 60 thousand for Cedar Rapids Public Safety land purchase.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Senate
Lowell Junkins
D-Montrose
Iowa
Prairie Grain Co
Stockport
Junkins
Senate
Appropriations Committee
Sen
John Murray
Ames
Appropriations
House
Murray
Richard Welden
Lowa Falls
Robert Ray
Public Safety Department
Cedar Rapids
Iowa AG reports 1979 consumer recoveries top records
Iowa residents recovered or saved more than 1.2 million in 1979 as the AG’s Consumer Protection Division handled 9,303 new complaints and closed 10,967. Backlog fell by about 1,600 with a 64 percent success rate, cars and business opportunity schemes dominating complaints.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Attorney General
Tom Miller
Miller
Consumer Protection Division
Iowa Automobile Dealers Association
Cedar Rapids suit dismissed over late filing in arrest case
A Cedar Rapids man whose 100000 civil suit against the city Police Department and a officer alleged false arrest and abuse has been dismissed by Linn District Court for missing a six month filing window. Expungement of the arrest record remains separate. The ruling cites a law requiring suits against local governments to be filed within six months of the incident or notice of suit within that period.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Thomas C. Sturgeon
Linn District Court
Sturgeon
Ansel Chapman
Also Mentioned on This Page
Legislature
Ray
Willard Hansen
Cedar Falls
Rep
James West
State Center
Ronald Mosher
Hansen
Mosher
Ken Sullivan
U.S. Supreme Court
Moorman Manufacturing Co
By John McCarroll
Partment of Social Services
ADC
Frank Nye
John McCarroll
Flu
Guttenberg
Reader's Digest
Newsweek
People Magazine
St. S.E
Runner Company
Westdale Mall
The
Kirkwood
Kirkwood Admissions Office
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