72nd Legislative Session -- 1997

Committee: Senate Taxation

Wednesday, February 5, 1997

                                            P - Present
                                            E - Excused
                                            A - Absent

Roll Call
P      Brown (Arnold)
P      Daugaard
P      Flowers
P      Lange
P      Olson
P      Staggers
P      Thompson
P      Shoener, Vice-Chair
P      Paisley, Chair


OTHERS PRESENT: See Original Minutes

The meeting was called to order by Senator Keith Paisley, Chairman.


MOTION:      TO APPROVE THE MINUTES OF THE PREVIOUS MEETING.

Moved by:      Senator Shoener
Second by:      Senator Flowers
Action:      Prevailed by voice vote.

          SB 128:   to increase certain inheritance tax exemptions.

Proponents:      Rep. Windhorst, sponsor
          Marie Ingalls, SD Farm Bureau
          Darlene Huettel, SD Stockgrowers
          John Brown, National Federation of Independent Business
Opponents:      Jim Fry, Dept. Of Revenue
Presented by:      Sen. Staggers, Prime Sponsor

MOTION:      DO PASS SB 128

Moved by:      Senator Olson
Second by:      Senator Lange
Action:      Prevailed by roll call vote.   (5-4-0-0)



Voting yes:      Flowers, Lange, Olson, Staggers, Thompson

Voting no:      Brown (Arnold), Daugaard, Shoener, Paisley

          SB 161:   to revise the inheritance tax exemptions.

Proponents:      Brian Jennings, SD Farmer's Union
          Rep. Dean Schrempp
          John Steckly,self, Platte
         
Presented by:      Sen. Kloucek, Prime Sponsor

MOTION:      DO PASS SB 161

Moved by:      Senator Staggers
Second by:      Senator Olson
Action:      Prevailed by roll call vote.   (5-4-0-0)

Voting yes:      Flowers, Lange, Olson, Staggers, Thompson

Voting no:      Brown (Arnold), Daugaard, Shoener, Paisley

          SB 98:   to repeal the inheritance tax.

Opponents:      Rich Sattgast, SD Assn. Of County Officials
Presented by:      Sen. Thompson, Prime Sponsor
Comments by:      Jim Fry, Dept. Of Revenue

MOTION:      DO PASS SB 98 AS AMENDED
        (The motion to amend was made on Jan. 24, 1997.)

Moved by:      Senator Olson
Second by:      Senator Thompson
Action:      Prevailed by roll call vote.   (5-4-0-0)

Voting yes:      Lange, Olson, Staggers, Thompson, Shoener

Voting no:      Brown (Arnold), Daugaard, Flowers, Paisley


          SB 176:   to repeal the contractor's excise tax.

Proponents:      Tim Dougherty, SD Homebuilder's Assn.
Opponents:      Sec. Gary Viken, Dept. Of Revenue
          Jim Keyes, Dir. Of Assn. Of General Contractors
         
Presented by:      Sen. Kloucek, Prime Sponsor
Comments by:      Scott Peterson, Dir. Of Business Revenue

MOTION:      TO TABLE SB 176

Moved by:      Senator Thompson
Second by:      Senator Brown (Arnold)
Action:      Prevailed by roll call vote.   (7-2-0-0)

Voting yes:      Brown (Arnold), Daugaard, Flowers, Olson, Thompson, Shoener, Paisley

Voting no:      Lange, Staggers

          SB 17:   to revise the property tax levies for general funds of a school district.



MOTION:      DEFER SB 17 UNTIL THE 41ST LEGISLATIVE DAY

Moved by:      Senator Flowers
Second by:      Senator Shoener
Action:      Prevailed by roll call vote.   (5-4-0-0)

Voting yes:      Daugaard, Flowers, Olson, Shoener, Paisley

Voting no:      Brown (Arnold), Lange, Staggers, Thompson

MOTION:      ADJOURN

Moved by:      Senator Shoener
Second by:      Senator Olson
Action:      Prevailed by voice vote.



Gayle Schekel

_________________________________

Committee Secretary
Keith Paisley, Chair


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