Branstad vetoes bill limiting bank terminals outside market
AP report: Governor Terry Branstad vetoes a bill restricting the number of electronic transfer terminals banks may install outside their market areas. He argues the move would hinder rapid tech growth and consumer convenience. He notes out of state banks could still enter Iowa and that franchise tax changes would have limited impact.
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Terry Branstad
Iowa
Towa
Branstad Signs Bill to Help Cedar Rapids Children's Home
Governor Branstad signed a bill allowing Cedar Rapids Children’s Home to qualify for Title 19 funds if designated as a psychiatric hospital. Reimbursement could reach up to 120 per day or actual costs, whichever is lower, replacing the current 64 per day. St Luke's Hospital opposed the measure citing bed expansion concerns. a June 9 hearing will consider the certificate of need.
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Iowa Health Facilities Council
Gephardt Backers Win Delegates at Iowa Democratic Conventions
In Eastern Iowa Gephardt supporters secure four of the 12 delegates to the Democratic National Convention while Dukakis and Jackson groups also win representation. Delegates from the 2nd and 3rd Districts include Norman Sterzenbach, Connie Balcom, Burtine Motley, and Philip Hougen among others. The ballots reflect ongoing division over endorsements and platform planks ahead of the Ames state convention.
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Iowa
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Iowa firms keep pay hikes down in 1987 survey
The Iowa Association of Business and Industry reports more firms kept pay increases below 5 percent in 1987 than in 1985. Among respondents, 55 percent of hourly and 44 percent of salaried workers received raises under 15 percent. Hospital premiums were less often fully paid, while group life insurance remained common.
MENTIONED IN THIS ARTICLE
Wan Ute
Death of dog spurs suit against Lightfoot
Linda Hauck of Shenandoah filed suit in Page County District Court seeking 227.40 for the loss of her purebred poodle after her dog was killed by Rep. Jim Lightfoot and Nancy Lightfoot’s German shepherd in her yard on March 28. Hauck says she asked for payment and was refused.
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