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House Journal: Page 2154: Wednesday, May 1, 1996

The House stood at ease at 11:06 p.m., until the fall of the
gavel.
The House resumed session at 11:31 p.m., Speaker Corbett in the
chair.
MESSAGES FROM THE SENATE
The following messages were received from the Senate:
Mr. Speaker: I am directed to inform your honorable body that
the Senate has on May 1, 1996, concurred in the House amendment
to the Senate amendment, and passed the following bill in which
the concurrence of the Senate was asked:
House File 560, a bill for an act relating to the definition of
"designated person" for purposes of the family farm tax credit
and providing effective and applicability dates.
Also: That the Senate has on May 1, 1996, concurred in the House
amendment to the Senate amendment, and passed the following bill
in which the concurrence of the Senate was asked:
House File 2369, a bill for an act relating to the postdelivery
care requirements for mothers and newborns and providing for an
exception of follow-up care outside of the hospital setting.
Also: That the Senate has on May 1, 1996, adopted the conference
committee report and passed Senate File 2449, a bill for an act
changing the computation of the inflation factors for the tax
brackets and standard deduction under the individual income tax;
changing the computation of taxable income of certain subchapter
S corporations and their shareholders; increasing inheritance
tax exemptions for certain relatives; increasing the amount of
the appropriations for homestead credit, military service
credit, and low-income credit and reimbursement claims;
providing income tax credits for investing in a qualified
venture capital company; establishing incentives for family farm
animal feeding operations and making an appropriation; adjusting
the funding for the family farm and agricultural land tax
credits; establishing a study of the property tax system as the
sole or major source of local funding and of alternate sources
of funding for school, city, and county services, the repayment
of bonds or other debt obligations, and capital improvements;
and providing effective and applicability date provisions.
Also: That the Senate has on May 1, 1996, concurred in the House
amendment and passed the following bill in which the concurrence
of the Senate was asked:
Senate File 2470, a bill for an act relating to state
expenditure and regulatory matters by making standing and other
appropriations, and providing technical provisions, studies of
runaway youth, physician utilization, and retirement system
issues, and providing a penalty and effective dates.
JOHN F. DWYER, Secretary

ADOPTION OF THE REPORT OF THE
CONFERENCE COMMITTEE
(Senate File 2449)
Halvorson of Clayton called up for consideration the report of
the conference committee on Senate File 2449 and moved the
adoption of

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