REVENUE COMMITTEE
EXECUTIVE SESSIONS
LB 401
DATE: March
27,1997
The motion was made to amend LB 401 by adopting a proposal
for an increase in the personal exemption credit of $39 for tax years 1997
& 1998.
MOTION: Senator
Wickersham
SECONDED:
Senator Landis
VOTE:
AYE: Senators
Coordsen, Landis, Schellpeper and Wickersham
NAY: Senators
Hartnett, Kristensen, Warner and Will
NOT PASSED
DATE: April
3,1997
A motion was made to advance LB 401 to General File.
MOTION: Senator
Will
SECONDED:
Senator Kristensen
VOTE:
AYE: Senators
Hartnett, Kristensen, Warner and Will
NAY: Senators
Coordsen, Landis, Schellpeper and Wickersham
NOT PASSED
LB 401
PAGE 2
A motion was made to amend LB 401 to provide a rate cut
creating a liability cut of about three percent, and a $20 increase in the
personal exemption credit, each effective for tax years 1997 and 1998 only.
MOTION: Senator
Wickersham
SECONDED:
Senator Shellpeper
VOTE:
AYE: Senators
Coordsen, Hartnett, Kristensen, Landis, Schellpeper and Wickersham
NAY: Senators
Warner and Will
AMENDED
A motion was made to advance LB 401 to General File as
amended (AM1315).
MOTION: Senator
Landis
SECONDED:
Senator Wickersham
VOTE:
AYE: Senators Coordsen,
Hartnett, Kristensen, Landis, Schellpeper, Warner, Wickersham and Will
PASSED
Senator Jerome Warner,
Chairperson
Erma J. James,
Committee Clerk