2001 Legislation
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HOUSE JOINT MEMORIAL NO. 10 – Tax relief plan, federal, endorsed

HOUSE JOINT MEMORIAL NO. 10

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HJM010..............................................by REVENUE AND TAXATION
TAX RELIEF PLAN - FEDERAL - Stating findings of the Legislature; endorsing
President George W. Bush's plan for cutting taxes; and requesting that
Congress enact necessary measures to implement the President's tax relief
plan.
                                                                        
03/08    House intro - 1st rdg - to printing
    Rls susp - ADOPTED - 59-8-3
      AYES -- Barraclough, Barrett, Bedke, Bell, Bolz, Bradford, Bruneel,
      Callister, Campbell, Clark, Collins, Crow, Deal, Denney, Ellis,
      Ellsworth, Eskridge, Field(13), Field(20), Gagner, Gould, Hadley,
      Hammond, Harwood, Higgins, Hornbeck, Jones, Kellogg, Kendell, Kunz,
      Lake, Langford, Loertscher, Mader, McKague, Meyer, Montgomery,
      Mortensen, Moss, Moyle, Pearce, Pischner, Pomeroy, Raybould,
      Ridinger, Roberts, Sali, Schaefer, Smith, Smylie, Stevenson, Stone,
      Swan, Tilman, Trail, Wheeler, Wood, Young, Mr. Speaker
      NAYS -- Bieter, Boe, Chase, Henbest, Jaquet, Marley, Robison,
      Shepherd
      Absent and excused -- Black, Cuddy, Sellman
    Floor Sponsor -- Crow
    Title apvd - to Senate
03/09    Senate intro - 1st rdg - to Loc Gov
03/15    Rpt out - rec d/p - to 10th Ord
03/16    10th ord - ADOPTED - voice vote
    Title apvd - to House
03/19    To enrol
03/20    Rpt enrol - Sp signed
03/21    Pres signed
    To Secretary of State

Bill Text


                                                                        
                                                                        
  ||||              LEGISLATURE OF THE STATE OF IDAHO             ||||
 Fifty-sixth Legislature                  First Regular Session - 2001
                                                                        
                                                                        
                              IN THE HOUSE OF REPRESENTATIVES
                                                                        
                                HOUSE JOINT MEMORIAL NO. 10
                                                                        
                             BY REVENUE AND TAXATION COMMITTEE
                                                                        
  1                                   A JOINT MEMORIAL
  2    TO THE SENATE AND HOUSE OF REPRESENTATIVES OF THE UNITED  STATES  IN  CONGRESS
  3        ASSEMBLED,  AND  TO THE CONGRESSIONAL DELEGATION REPRESENTING THE STATE OF
  4        IDAHO IN THE CONGRESS OF THE UNITED STATES.
                                                                        
  5        We, your Memorialists, the House of Representatives and the Senate of  the
  6    State of Idaho assembled in the First Regular Session of the Fifty-sixth Idaho
  7    Legislature, do hereby respectfully represent that:
                                                                        
  8        WHEREAS,  President George W. Bush has proposed a bold and fair tax relief
  9    plan that will reduce the inequities of the current federal tax code and  help
 10    ensure that America remains prosperous; and
 11        WHEREAS,  the President Bush tax relief plan promotes the values that make
 12    the American economy second to none -- access to  the  middle  class,  family,
 13    equal  opportunity and the entrepreneurial spirit -- and this plan will reduce
 14    taxes for everyone who pays income taxes and will encourage enterprise by low-
 15    ering marginal tax rates; and
 16        WHEREAS, over the past several months, the economy has slowed considerably
 17    and President Bush's tax cut will give the economy a  boost  by  placing  more
 18    money in the hands of consumers and entrepreneurs; and
 19        WHEREAS,  Federal  Reserve  Chairman  Alan Greenspan endorsed a tax cut to
 20    spur economic growth in the following statement before the Senate Committee on
 21    the Budget: "In today's context, where tax reduction appears required  in  any
 22    event  over  the next several years to assist in forestalling the accumulation
 23    of private assets, starting that process sooner rather than later likely would
 24    help smooth the transition to longer-term fiscal balance. And  should  current
 25    economic  weakness  spread beyond what now appears likely, having a tax cut in
 26    place may, in fact, do noticeable good."; and
 27        WHEREAS, since 1992, the American family's tax burden  to  federal,  state
 28    and  local  governments  has  increased  by 11% from 30.3% of family income in
 29    1992, to 33.5% in 1999; and
 30        WHEREAS, budget estimates by the Congressional  Budget  Office  show  that
 31    America  is  going  to run a surplus of $5.610 trillion and the on-budget sur-
 32    plus, the portion used for new spending and tax relief, has grown by 44% since
 33    the July 2000 estimate from $2.173 trillion to $3.122 trillion; and
 34        WHEREAS, President Bush's tax plan is more progressive  than  the  current
 35    federal  income  tax  code as the top one percent would pay a greater share of
 36    income taxes under President Bush's plan than they pay now,  and  six  million
 37    families with children would be removed from the tax rolls completely.
 38        NOW, THEREFORE, BE IT RESOLVED by the members of the First Regular Session
 39    of  the  Fifty-sixth  Idaho  Legislature, the House of Representatives and the
 40    Senate concurring therein, that we endorse President George W. Bush's plan for
 41    cutting taxes and we respectfully request that Congress enact  necessary  mea-
 42    sures to implement the President's tax relief  plan.
 43        BE  IT  FURTHER  RESOLVED that the Chief Clerk of the House of Representa-
 44    tives be, and she is hereby authorized and directed to forward a copy of  this
                                                                        
                                           2
                                                                        
  1    Memorial to the President of the Senate and the Speaker of the House of Repre-
  2    sentatives  of  Congress,  and  the  congressional delegation representing the
  3    State of Idaho in the Congress of the United States.

Statement of Purpose / Fiscal Impact


        

                      STATEMENT OF PURPOSE
        
                          RS 11244
        
This Memorial to the Senate and House of Representatives of the

United States in Congress assembled, and to the Congressional

delegation representing the state of Idaho in Congress of the

United States respectfully endorse President George W. Bush’s

plan for cutting taxes and we respectfully request that congress

enact necessary measures to implement the President’s tax relief

plan.
        
        
        
        
                            FISCAL IMPACT   
        
        
        
        None to the state of Idaho.
        
        
        
Contact
       Name:   Representative Crow
       Phone:  332—1000
                                 



STATEMENT OF PURPOSE/FISCAL NOTE                       HJM 10