Senate Resolution 111 - Introduced SENATE RESOLUTION NO. 111 BY DIX , GREINER , WARD , KAPUCIAN , SMITH , BACON , BOETTGER , HAHN , KETTERING , ERNST , ZAUN , BEHN , SEYMOUR , WHITVER , CHELGREN , FEENSTRA , SORENSON , HAMERLINCK , BARTZ , BERTRAND , HOUSER , ANDERSON , and JOHNSON A Resolution requesting the United States Congress to 1 make permanent the federal tax reductions provided 2 to all Iowans. 3 WHEREAS, in the first decade of the twenty-first 4 century a series of historic tax reductions were 5 enacted, benefitting Iowans in all walks of life; and 6 WHEREAS, those tax reductions were provided in three 7 federal Acts: the Economic Growth and Tax Relief 8 Reconciliation Act of 2001 and the Jobs and Growth 9 Tax Relief Reconciliation Act of 2003, as amended by 10 the Tax Increase Prevention and Reconciliation Act of 11 2005; and 12 WHEREAS, the tax reductions are essential to assist 13 Iowans in making ends meet during difficult economic 14 times; and 15 WHEREAS, an increase in taxes on hard-working Iowans 16 will result in decreased economic spending and greater 17 individual financial hardship; and 18 WHEREAS, Iowans deserve an efficient, effective 19 government that is fiscally responsible with the 20 taxpayers’ money; and 21 WHEREAS, the expiration of the tax reductions will 22 have a harmful effect on Iowans and lead to a $376 23 million decrease in revenues for the state of Iowa over 24 -1- LSB 5720XS (8) 84 jr/rj 1/ 2

S.R. 111 the next four years; and 1 WHEREAS, the tax reductions have had a positive 2 impact on Iowa’s taxpayers, economy, and job 3 growth; NOW THEREFORE, 4 BE IT RESOLVED BY THE SENATE, That the Senate 5 formally requests the Iowa congressional delegation to 6 support legislation making permanent the tax reductions 7 provided to Iowans and the American people in the 8 Economic Growth and Tax Relief Reconciliation Act of 9 2001 and the Jobs and Growth Tax Relief Reconciliation 10 Act of 2003, as amended by the Tax Increase Prevention 11 and Reconciliation Act of 2005. 12 -2- LSB 5720XS (8) 84 jr/rj 2/ 2