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HomeMy WebLinkAbout1988-072 CCR1 1 Member Celia Scott resolution and moved its adoption: RESOLUTION NO. 88 -72 introduced the following RESOLUTION IN SUPPORT OF CORRECTING THE REQUIREMENT OF TAXATION OF STATE AND LOCAL GOVERNMENT EMPLOYEE BENEFITS WHEREAS, the U.S. Department of Treasury continues in its unilateral quest to tax certain public employee fringe benefits; and WHEREAS, public workers will be forced to pay annual income taxes on the value of accumulated annual and sick leave, death and disability benefits, and severance and compensatory pay for tax year 1988 and beyond; and WHEREAS, this tax will be paid on benefits which employees have not yet received and may never receive; the taxation of these benefits at accrual instead of when the benefit is actually used by the employee will create additional financial and record keeping burdens on political subdivisions and their employees; and WHEREAS, U.S. Representative Robert Matsui (D -CA) has introduced H.R. 4221 to correct this situation; and WHEREAS, it is the desire of the City Council of the City of Brooklyn Center to hold down costs to the public sector, its employees, and taxpayers whenever possible. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota, that members of the U.S. Congress are urged to eliminate the requirement of taxation of state and local government employee benefits by supporting H.R. 4221 or any other similar legislation. May 23, 1988 Date ATTEST: Deputy City 1erk The motion for the adoption of the foregoing resolution was duly seconded by member Bill Hawes and upon vote being taken thereon, the following voted in favor thereof: Dean Nyquist, Celia Scott, Bill Hawes, and Rich Theis; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.