We propose to search for far-infrared emission from remnant dusty disks around 16 solar type stars that are members of the 30 Myr old open cluster IC2602. According to the accepted models, pre-main sequence gas and dust disks (like those around classical T Tauri stars) agglomerate into planetesimals in a runaway process, leaving only large bodies and very little of the original gas and dust particles by an age of order 10 Myr. Subsequent collisions of the planetesimals create a new population of small particles which should produce detectable IR excesses around young main sequence stars. Thus, these Vega-type disks can be interpreted as signposts of planet formation. IC2602 is the youngest nearby open cluster observable by ISO whose age is older than 10 Myr, and thus ISO photometry of G dwarfs in IC2602 may provide the best estimate of the fraction of solar mass stars that form planets. In order to determine this fraction so that small number statistics do not dominate, a sample size of at least 20 stars is needed. A GTO program will also search for debris disks around G dwarf members of IC2602; however, based on our ROSAT xray images of the cluster, we believe that only 4 of the 10 stars proposed by the GTO team are actually members of the cluster. By contrast, the 16 stars on our target list are confirmed as members by the xray data and by new optical photometry and high resolution spectroscopy. Our proposed observations are therefore essential to meeting the original goals of the GTO program and will insure that ISO data capable of verifying the presence or absence of dust associated with young planetary systems will be obtained for a statistically significant sample of ZAMS G dwarfs. Moreover, our sample is large enough to enable deeper physical understanding of the planet-formation process via correlation of the presence of debris disks with the observed stellar rotational velocities.