Iowa legislature opens with tax reform and stimulus plans
Lawmakers convene to consider simplifying Iowa tax and property systems, easing business regulations, and directing up to 180 million dollars in federal stimulus aid. Senate Republicans back gradual income tax cuts and property tax reforms, while debates continue on the Iowa Values Fund and deductibility.
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Iowa
Bush
Senate
House
Vilsack
Senate Gop
Iowa Values Fund
Matt Paul
GOP
Senate Republicans
Lawmakers in neighboring states also in special sessions
The Minnesota Legislature has been in special session since May 20 and Missouri Illinois and South Dakota lawmakers face ongoing budget battles. Key issues include taxes budgets health education ethics and potential voter approvals. Wisconsin nears completion on a 22 billion two year budget with tuition hikes and no tax increases.
MENTIONED IN THIS ARTICLE
James Q. Lynch
Gazette
Iowa
Minnesota
Missouri
Illinois
South Dakota
Andrea Mokros
Minnesota Senate Democratic-Farmer-Labor
DFL
Tim Pawlenty
House
Jeff Bakken
Senate
Bakken
Bob Holden
Jack Cardetti
Holden
Cardetti
Mike Rounds
Wisconsin
Cedar Rapids Kernels
Tom Petri
University of Wisconsin
Petri
RiverRun Hotel and Water Park eyed near City Market site
Amana Nordstrom Hotel Co seeks to invest 15 to 17 million in RiverRun with a four to five story hotel and a 25 000 square foot water park. The project aims to spur private office and housing investment after Cedar River site redevelopment across from Czech Village. Local officials expect RiverRun to attract meetings business and boost Cedar Rapids tourism.
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Cedar River
Czech Village
Paul Pate
Amana
Nordstrom
Pate
Amana-Nordstrom
Amana-Nordstrom Hotel Co
Amana Society
Nordstrom Oil Co
Nordstrom Oil
Iowa
Cedar Rapids
Novak Design Group
RiverRun Hotel & Water Park
Mike Dexter
Bush signs tax cuts and Medicare prescription bill
President Bush signs a package advancing prescription drug benefits under Medicare and tax cuts. The IRS posts new tables for employers to adjust withholding by July 1, with larger paychecks possible next month. Autopayments will reach 25 million child tax credit claimants for 2003 up to 400 per child. Unemployment benefits are extended through December.
MENTIONED IN THIS ARTICLE
Finance Committee
Internal Revenue Service
Foundations ride rebound as assets dip amid market shifts
Ruth Ratliff cites a 2 percent decline over three months with a 3.77 percent yield for four months to April. Sarah Buck notes Iowa State University Foundation assets fell about 3 percent to 332.6 million by March 31, with 1.02 percent return Jan 1 to Apr 30.
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Ruth Ratliff
Advancement Services
Ratliff
Iowa State University Foundation
Sarah Buck
Buck
Tiffani Shaw
UI Foundation
New
Foundation
University fund-raising steady in face of donor portfolio declines
UNI Foundation contributions fell about a quarter this year due to last year’s peak giving, active campaigns like Students First, and market conditions. ISU and US Foundation results improved with more donors and higher gift income, ISU up nearly 9 percent to 45.73 million. Kurt Rogalin reports with contact details for Gazette Communications.
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UNI Foundation
Ratliff
New Said
US Foundation
ISU Foundation
Buck
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