| 1 | The Finance & Tax Committee recommends the following: |
| 2 |
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| 3 | Council/Committee Substitute |
| 4 | Remove the entire bill and insert: |
| 5 | House Memorial |
| 6 | A memorial to the Congress of the United States urging the |
| 7 | immediate and permanent repeal of the death tax. |
| 8 |
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| 9 | WHEREAS, under federal tax relief legislation passed in |
| 10 | 2001, the death tax was temporarily phased out but not |
| 11 | permanently eliminated, and |
| 12 | WHEREAS, farmers and other small business owners face |
| 13 | losing their farms and businesses if the Federal Government |
| 14 | resumes the heavy taxation of citizens at death, and |
| 15 | WHEREAS, the death tax is particularly damaging to families |
| 16 | who are trying to accumulate wealth for the first time, and |
| 17 | WHEREAS, employees suffer layoffs when small and medium- |
| 18 | sized businesses are liquidated to pay death taxes, and |
| 19 | WHEREAS, the United States House of Representatives has |
| 20 | repeatedly passed legislation repealing the death tax, which |
| 21 | shows widespread, bipartisan support for such a repeal, NOW, |
| 22 | THEREFORE, |
| 23 |
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| 24 | Be It Resolved by the Legislature of the State of Florida: |
| 25 |
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| 26 | That the United States Congress is requested to immediately |
| 27 | and permanently repeal the death tax. |
| 28 | BE IT FURTHER RESOLVED that copies of this memorial be |
| 29 | dispatched to the President of the United States, to the |
| 30 | President of the United States Senate, to the Speaker of the |
| 31 | United States House of Representatives, and to each member of |
| 32 | the Florida delegation to the United States Congress. |