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12 passing in excess of the exemptions allowed as 13 follows: 14 One percent of the firstfiveten thousand dollars. 15 Two percent of any amount in excess offiveten 16 thousand dollars and up totwelvetwenty-five thousand 17five hundreddollars. 18 Three percent on any amount in excess oftwelve19 twenty-five thousandfive hundreddollars and up to 20twenty-fivefifty thousand dollars. 21 Four percent on any amount in excess oftwenty-five22 fifty thousand dollars and up tofiftyone hundred 23 thousand dollars. 24 Five percent onany amountall sums in excess of 25fiftyone hundred thousand dollarsand up toseventy-26five thousand dollars. 27Six percent on any amount in excess of seventy-five28thousand dollars and up to one hundred thousand29dollars.30Seven percent on any amount in excess of one31hundred thousand dollars and up to one hundred fifty32thousand dollars.33Eight percent on all sums in excess of one hundred34fifty thousand dollars." A non-record roll call was requested. The ayes were 36, nays 56. Amendment H-5017 lost. LEAVE OF ABSENCE Leave of absence was granted as follows: Van Fossen of Scott, until his return, on request of Siegrist of Pottawattamie. Weigel of Chickasaw asked and received unanimous consent to withdraw amendment H-5019 filed by him on January 30, 1996. Weigel of Chickasaw offered the following amendment H-5037 filed by him and moved its adoption: H-5037 1 Amend House File 2111 as follows: 2 1. By striking page 2, line 19, through page 3, 3 line 25, and inserting the following: 4 "INHERITANCE TAX CREDIT ON INCOME TAX 5 Sec. ___. NEW SECTION. 422.12A INHERITANCE TAX 6 CREDIT. 7 The taxes imposed under this division, less the 8 credits allowed under sections 422.12 and 422.12B, 9 shall be reduced by an inheritance tax credit. The 10 inheritance tax credit is equal to the amount of Iowa
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