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SJM103.....................................................by STATE AFFAIRS
ALTERNATIVE MINIMUM TAX - Stating findings of the Legislature and urging
the Congress of the United States and Idaho's elected Representatives and
Senators in the United States Congress to vote to repeal the individual and
corporate alternative minimum tax.
02/20 Senate intro - 1st rdg - to printing
02/21 Rpt prt - to 10th Ord
02/24 10th Ord - ADOPTED - 33-1-1
AYES -- Andreason, Bailey, Brandt, Bunderson, Burkett, Burtenshaw,
Cameron, Compton, Darrington, Davis, Gannon, Geddes, Goedde, Hill,
Ingram, Kennedy, Keough, Little, Lodge, Malepeai(Ellis), Marley,
McKenzie, McWilliams, Noh, Pearce, Richardson, Schroeder, Sorensen,
Stegner, Stennett, Sweet, Werk, Williams
NAYS -- Calabretta
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 - 65-3-2
AYES -- Andersen, Barraclough, Barrett, Bauer, Bedke, Black, Block,
Boe, Bolz, Bradford, Campbell, Cannon, Clark, Collins, Crow, Cuddy,
Deal, Denney, Douglas, Eberle, Edmunson, Eskridge, Field(18),
Field(23), Gagner, Garrett, Harwood, Henbest(Bray), Jaquet, Jones,
Kellogg, Kulczyk, Lake, Langford, Langhorst, Martinez, McGeachin,
McKague, Meyer, Miller, Moyle, Nacarrato, Nielsen, Raybould,
Ridinger, Ring, Ringo, Roberts, Rydalch, Sali, Sayler, Schaefer,
Shepherd, Shirley, Skippen, Smith(30), Smith(24), Smylie, Snodgrass,
Stevenson, Tilman, Trail, Wills, Wood, Mr. Speaker
NAYS -- Bieter, Mitchell, Robison
Absent and excused -- Bell, Ellsworth
Floor Sponsor - Moyle
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. 103
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, in 1969, the United States Congress created the Alternative Mini-
9 mum Tax to prevent wealthy Americans and corporations from using otherwise
10 available deductions to reduce their income tax liability; and
11 WHEREAS, today the Alternative Minimum Tax has placed an onerous burden on
12 working, middle-class families and productive companies; and
13 WHEREAS, any family with an annual income of more than $49,000 which
14 deducts its state and local taxes, mortgage interest, children and college
15 education will be subject to the Alternative Minimum Tax; and
16 WHEREAS, the corporate Alternative Minimum Tax targets capital-intensive
17 industries that create jobs, raise the incomes of workers and increase the
18 standard of living for all Americans; and
19 WHEREAS, corporations subject to the Alternative Minimum Tax during
20 recessions are more likely to lay off their employees; and
21 WHEREAS, it is important to protect working families and productive compa-
22 nies from tax burdens that reduce the possibility of economic prosperity.
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 hereby respectfully urge the Congress of
26 the United States and our elected Senators and Representatives in the United
27 States Congress to vote to repeal the individual and corporate Alternative
28 Minimum 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 12916
The purpose of this Joint Memorial is to encourage the Congress
of the United States to abolish the alternative minimum tax for
individuals and corporations.
FISCAL IMPACT
None
Contact
Name: Bart M. Davis
Phone: 332-1305
STATEMENT OF PURPOSE/FISCAL NOTE SJM 103