Minnesota Session Laws - 1985, 1st Special Session

 

                         Laws of Minnesota 1985 

                         RESOLUTION 2-H.F.No. 7 
 A resolution memorializing the President and Congress 
to retain the federal income tax deduction for state 
and local taxes. 
    WHEREAS, the federal income tax deduction for state and 
local income, sales, and property taxes has been a critical 
feature of fiscal federalism since 1913; and 
    WHEREAS, the deduction for state and local taxes 
strengthens federalism by enhancing the ability of state and 
local governments to serve their citizens independently; and 
    WHEREAS, the deduction for state and local taxes reduces 
excessive tax burdens that result from fiscal disparities among 
states; and 
    WHEREAS, the deduction for state and local taxes dampens 
destructive tax competition among competing jurisdictions by 
reducing the disparity in tax burdens; and 
    WHEREAS, the expanding federal deficit represents a growing 
threat to state and local government finances, to our nation's 
economic health, and to future generations; and 
    WHEREAS, state and local governments are willing to do 
their part to improve and simplify the federal tax system and to 
reduce the growing federal deficit; and 
    WHEREAS, the general economic benefits of federal tax 
reform must be balanced with the vital intergovernmental 
objectives served by the deduction for state and local taxes; 
and 
    WHEREAS, prominent legislative proposals for the outright 
elimination of the deduction for state and local taxes would 
upset this intergovernmental balance; and 
    WHEREAS, this intergovernmental balance can best be 
achieved by retaining the deduction for state and local taxes; 
NOW, THEREFORE, 
    BE IT RESOLVED by the Legislature of the State of Minnesota 
that Congress should enact tax reform legislation that retains 
the federal income tax deduction for state and local taxes. 
    BE IT FURTHER RESOLVED that the Secretary of State of 
Minnesota shall transmit certified copies of this memorial 
resolution to the President of the United States, the President 
and the Secretary of the United States Senate, the Speaker and 
the Clerk of the United States House of Representatives and to 
Minnesota's Senators and Representatives in Congress. 
    Approved without governor's signature June 27, 1985