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House Journal: Page 1123: Tuesday, March 31, 1998

O'Brien 	Osterhaus 	Rants 	Rayhons 
Reynolds-Knight 	Richardson 	Scherrman 	Schrader 
Shoultz 	Siegrist 	Sukup 	Taylor 
Teig 	Thomas 	Thomson 	Tyrrell 
Van Fossen 	Van Maanen 	Vande Hoef 	Veenstra 
Warnstadt 	Weidman 	Weigel 	Welter 
Whitead 	Wise 	Witt 	Mr. Speaker
			  Corbett

The nays were, 4:

Fallon 	Ford 	Kreiman 	Moreland 


Absent or not voting, none.
The bill having received a constitutional majority was declared
to have passed the House and the title was agreed to.
IMMEDIATE MESSAGE
Siegrist of Pottawattamie asked and received unanimous consent
that House File 2539 be immediately messaged to the Senate.
INTRODUCTION OF BILL
House File 2543, by committee on ways and means, a bill for
an act relating to the state inheritance tax by 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.
Read first time and placed on the ways and means calendar.
MESSAGES FROM THE SENATE
The following messages were received from the Senate:

© 1998 Cornell College and League of Women Voters of Iowa

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Last update: Wed Apr 1 13:30:12 CST 1998
URL: /DOCS/GA/77GA/Session.2/HJournal/01100/01123.html
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