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ALSO: That the members of the Conference Committee appointed April 9, 1996, on 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; and providing effective and applicability date provisions, on the part of the House are: The Representative from Clayton, Mr. Halvorson, Chair; the Representative from Story, Mr. Bernau; the Representative from Emmet, Mr. Greig; the Representative from Linn, Mr. Larson; the Representative from Johnson, Mr. Myers. SPECIAL GUESTS Senator Hedge presented Jill Verhey, Queen of the Sixty-first Annual Tulip Time Festival, who in turn introduced the members of her court: Allison Mulder, Livija Shannon, Julie Steenhoek and Crystal Vander Waal. They were accompanied by their parents. Queen Jill invited members of the Senate to attend the Tulip Time Festival in Pella on May 9, 10 and 11. The Queen, her attendants and their parents distributed the famous Dutch cookies to the senators and staff. BILLS ASSIGNED TO COMMITTEE President Boswell announced the assignment of the following bills to committee: S.C.R. 118 Education H.C.R. 123 Rules and Administration H.F. 2422 Ways and Means H.F. 2488 Ways and Means H.F. 2491 Ways and Means The Senate stood at ease at 9:30 a.m. until the fall of the gavel for the purpose of a committee meeting. The Senate resumed session at 10:55 a.m., President Boswell presiding.
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Last update: Wed Apr 10 13:30:13 CDT 1996
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