16 Jan 2012
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 16, 2012
Page
1
The Iowa General Assembly heads back to the Statehouse Tuesday to tackle the $6.244 billion FY2013 budget and push education reform, tax relief, and Guard benefits. House and Senate subcommittees will meet Thursday as leaders promise swift action after the long weekend.
A House subcommittee will continue work on a relief plan for Iowa property owners focusing on commercial and industrial properties. Gov. Branstad seeks a 5 percentage point annual cut for eight years, plus spending growth limits and a 2 percent cap on residential and agricultural tax increases. The plan would backfill revenue with 50 million annually for three years, then 30 million for two years, with expectations of local-government mandate relief. Rep. Nick Wagner cites a target of reducing commercial taxes to 60 percent of current levels over 14 years via exemptions, while Democrats in the Senate hold a different stance.
The Senate will discuss a 1.3 million supplemental appropriation to boost Education Assistance Program funding for Iowa National Guard members at regents universities community colleges and private colleges. The move lifts total aid from 3.19 million to 4.49 million this semester amid higher enrollments and a planned funding shift to offset a cut. Maj. Gen. Timothy Orr will deliver the Condition of the Guard address covering readiness mobilizations operations and community support.
Iowa lawmakers plan to begin scrutiny of Branstad s 156 page education reform bill this week as a likely centerpiece of the 2012 session. House Speaker Kraig Paulsen notes it will require work and may attract attention even if it does not move quickly.
Presence of Super PACS alters race as allies flood ads. Romney backers spent millions to hinder Gingrich, who placed fourth in Iowa and New Hampshire. Winning Our Future plans a $3.4 million run in South Carolina to attack Romney over Bain Capital and job losses amid near 10 percent unemployment.
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