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SJM102.....................................................by STATE AFFAIRS DEATH TAX - Stating findings of the Legislature and urging the United States Congress and Idaho's elected Representatives and Senators in the United States Congress to support, work to pass and vote for the immediate and permanent repeal of the death tax. 02/20 Senate intro - 1st rdg - to printing 02/21 Rpt prt - to 10th Ord 02/24 10th Ord - ADOPTED - 25-9-1 AYES -- Andreason, Bailey, Brandt, Bunderson, Burtenshaw, Cameron, Compton, Darrington, Davis, Gannon, Geddes, Goedde, Hill, Ingram, Keough, Little, Lodge, McKenzie, McWilliams, Pearce, Richardson, Sorensen, Stegner, Sweet, Williams NAYS -- Burkett, Calabretta, Kennedy, Malepeai(Ellis), Marley, Noh, Schroeder, Stennett, Werk Absent and excused -- Noble Floor Sponsor - Davis Title apvd - to House 02/25 House intro - 1st rdg - to Rev/Tax 03/25 Rpt out - rec d/p - to 2nd rdg 03/26 2nd rdg - to 3rd rdg 03/28 3rd rdg - ADOPTED - voice vote Floor Sponsor - Denney Title apvd - to Senate 03/31 To enrol 04/01 Rpt enrol - Pres signed 04/02 Sp signed 04/03 To Secretary of State
|||| LEGISLATURE OF THE STATE OF IDAHO |||| Fifty-seventh Legislature First Regular Session - 2003 IN THE SENATE SENATE JOINT MEMORIAL NO. 102 BY STATE AFFAIRS 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 Senate and the House of Representatives of the 6 State of Idaho assembled in the First Regular Session of the Fifty-seventh 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 but not permanently eliminated; and 10 WHEREAS, farmers and other small business owners will face losing their 11 farms and businesses if the federal government resumes the heavy taxation of 12 citizens at death; and 13 WHEREAS, this is a tax that is particularly damaging to families who are 14 working their way up the ladder and trying to accumulate wealth for the first 15 time; and 16 WHEREAS, employees suffer layoffs when small and medium businesses are 17 liquidated to pay death taxes; and 18 WHEREAS, if the death tax had been repealed in 1996, the United States 19 economy would have realized billions of dollars each year of extra output and 20 an average of 145,000 additional new jobs would have been created; and 21 WHEREAS, having repeatedly passed in the United States House of Represen- 22 tatives and the Senate, repeal of the death tax holds wide bipartisan support. 23 NOW, THEREFORE, BE IT RESOLVED by the members of the First Regular Session 24 of the Fifty-seventh Idaho Legislature, the Senate and the House of Represen- 25 tatives concurring therein, that we respectfully urge the Congress of the 26 United States and our elected Senators and Representatives in the United 27 States Congress to support, work to pass and vote for the immediate and perma- 28 nent repeal of the death tax. 29 BE IT FURTHER RESOLVED that the Secretary of the Senate be, and she is 30 hereby authorized and directed to forward a copy of this Memorial to the Pres- 31 ident of the Senate and the Speaker of the House of Representatives of Con- 32 gress, and the congressional delegation representing the State of Idaho in the 33 Congress of the United States.
STATEMENT OF PURPOSE RS 12915 The purpose of this memorial would be to encourage Congress to immediately and permanently repeal the death tax. FISCAL IMPACT This is a memorial to Congress, and the mere passage creates no fiscal impact to the State of Idaho. In the event that Congress did repeal the death tax and should Idaho not de-couple, the fiscal impact would be projected at $4.05 million. Contact Name: Senator Bart M. Davis Phone: 332-1305 STATEMENT OF PURPOSE/FISCAL NOTE SJM 102