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House Journal: Page 161: Wednesday, February 4, 1998

HOUSE STUDY BILL SUBCOMMITTEE ASSIGNMENTS

House Study Bill 549

Education: Thomson, Chair; Cohoon and Garman.

House Study Bill 556

Ways and Means: Holmes, Chair; Chapman and Hansen.

House Study Bill 557

State Government: Gipp, Chair; Connors and Drake.

House Study Bill 559

Human Resources: Blodgett, Chair; Lord and Witt.

House Study Bill 560

Commerce and Regulation: Churchill, Chair; Chapman and Dix.

House Study Bill 561

Judiciary: Churchill, Chair; Kreiman and Larson.

HOUSE STUDY BILL COMMITTEE ASSIGNMENTS

H.S.B. 562 Ways and Means

Relating to the state inheritance tax by treating stepchildren
and adopted children the same as biological children; exempting
intangible personal property owned by an inhabitant of another
state; determining the net market value of transfers made within
three years of death as the net market value on the date of
transfer; exempting the tax only upon the portion of retirement
benefits and individual retirement accounts that will be subject
to federal income tax when paid; applying compromised
settlements for federal estate tax purposes the same for state
purposes; and requiring deferred estates to be recorded by the
department of revenue and finance if tax is not paid when tax
accrues; and providing an applicability date provision.

H.S.B. 563 Ways and Means

Eliminating the limitation of the increase in agricultural and
residential assessed values to the percentage increase of the
other class of property if the other class of property increases
less than the allowable limit and providing an applicability
date provision.

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