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* * * * * * * * * HJM011..............................................by REVENUE AND TAXATION DEATH TAX - FEDERAL - Stating findings of the Legislature concerning the impact of the temporary repeal of the death tax; and urging the members of the Congress of the United States representing the state of Idaho to support, work to pass and vote for the permanent repeal of the death tax. 01/21 House intro - 1st rdg - to printing 01/22 Rpt prt - to 2nd rdg Rls susp - ADOPTED, voice vote Title apvd - to Senate 01/23 Senate intro - 1st rdg - to Loc Gov 01/24 Rpt out - rec d/p - to 10th Ord 01/25 10th Ord - ADOPTED - voice vote - to House 01/28 To enrol 01/29 Rpt enrol - Sp signed 01/30 Pres signed 01/31 To Secretary of State
|||| LEGISLATURE OF THE STATE OF IDAHO |||| Fifty-sixth Legislature Second Regular Session - 2002IN THE HOUSE OF REPRESENTATIVES HOUSE JOINT MEMORIAL NO. 11 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 Second Regular Session of the Fifty-sixth 7 Idaho Legislature, do hereby respectfully represent that: 8 WHEREAS, under tax relief legislation passed in 2001, the death tax was 9 temporarily phased out, not permanently eliminated; and 10 WHEREAS, women and minorities are very often owners of small and medium- 11 sized businesses, and the death tax prevents their children from reaping the 12 rewards of a lifetime spent trying to make a better life; and 13 WHEREAS, farmers will face losing their farms if the federal government 14 resumes the heavy taxation of the estates of people who invested most of their 15 earnings back into their farms; and 16 WHEREAS, if the estate tax had been repealed in 1996, over the next nine 17 years the United States economy would have averaged as much as $11 billion per 18 year in extra output, and an average of 145,000 additional new jobs would have 19 been created; and 20 WHEREAS, the persistent uncertainty created by the sunset provision pre- 21 vents families and small businesses from taking advantage of the repeal; and 22 WHEREAS, having passed both the United States House of Representatives and 23 the United States Senate, the elimination of the death tax has proven to hold 24 wide bipartisan support. 25 NOW, THEREFORE, BE IT RESOLVED by the members of the Second Regular Ses- 26 sion of the Fifty-sixth Idaho Legislature, the House of Representatives and 27 the Senate concurring therein, that we urge the members of the Congress of the 28 United States representing the state of Idaho to support, work to pass and 29 vote for the permanent repeal of the death tax. 30 BE IT FURTHER RESOLVED that the Chief Clerk of the House of Representa- 31 tives be, and she is hereby authorized and directed to forward a copy of this 32 Memorial to the President of the Senate and the Speaker of the House of Repre- 33 sentatives of Congress, and the congressional delegation representing the 34 State of Idaho in the Congress of the United States.
STATEMENT OF PURPOSE RS 11701 The purpose of this memorial is to urge Congress to work to pass and vote for the permanent repeal of the death tax. FISCAL IMPACT None Contact Name: Representative Dolores Crow Phone: 332-1000 STATEMENT OF PURPOSE/FISCAL NOTE HJM11