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House Journal: Page 1128: Tuesday, March 31, 1998

that the following committee recommendations have been received
and are on file in the office of the Chief Clerk.
ELIZABETH A. ISAACSON
Chief Clerk of the House
COMMITTEE ON WAYS AND MEANS
Senate File 2061, a bill for an act relating to a delay in
implementing the inclusion of certain information on property
tax statements by providing a deferral application process and
providing an effective date.
Fiscal Note is not required.
Recommended Amend and Do Pass with amendment H-8801 March 31,
1998.
Senate File 2365, a bill for an act relating to the imposition
of the sales and use tax on building materials, supplies, and
equipment sold and used in the construction of facilities of
rural water districts.
Fiscal Note is not required.
Recommended Do Pass March 31, 1998.
Committee Bill (Formerly House Study Bill 562), 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.
Fiscal Note is not required.
Recommended Amend and Do Pass March 31, 1998.
RESOLUTION FILED
HR 103, by Corbett, Siegrist, Sukup, Nelson, Jacobs, Cormack,
Ford, Burnett, Mascher, Myers, Bernau, and Gipp, a resolution
congratulating the Drake Bulldogs, Iowa State Cyclones, and Iowa
Hawkeyes Women's Basketball Teams.
Laid over under Rule 25.
AMENDMENTS FILED

H-8801	S.F.	2061	Committee on Ways and
				  Means
H-8802	S.F.	2374	Boddicker of Cedar

© 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/01100/01128.html
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