Senate Joint Resolution No. 15--Senators Augustine, 
    Adler, Coffin, Jacobsen, James, Lowden, Mathews, 
    McGinness, Neal, O'Connell, O'Donnell, Porter, 
    Raggio, Rawson, Regan and Washington

                FILE NUMBER........


SENATE JOINT RESOLUTION--Urging Congress to pass legislation 
       prohibiting each state from imposing a tax on the income 
       from a pension of a person who is not a resident of that 
       state.


  WHEREAS, Nevada is one of the fastest growing 
states in the nation; and
  WHEREAS, The continuous influx of persons into 
this state promotes a growing, healthy and diversified 
economy; and
  WHEREAS, Many persons who migrate into this 
state are retired and live on limited and fixed incomes; and
  WHEREAS, Many of these persons retire to 
Nevada with the expectation of being exempt from any state 
income tax and have planned their finances accordingly; and
  WHEREAS, For many of these persons, the 
income that they earn from their pension, savings and other 
investments is barely sufficient to pay their expenses and 
offset inflation; and
  WHEREAS, Other states have enacted legislation 
that authorizes the imposition of a tax on income from a 
pension that originates in those states, even if the person 
who earns the income resides in another state; and
  WHEREAS, As a result, many persons who have 
retired to Nevada are required to pay a tax imposed by other 
states on the income from their pensions; and
  WHEREAS, These laws have placed an unexpected 
and often insurmountable financial burden on many of these 
persons; and
  WHEREAS, United States Representative Barbara 
Vucanovich has introduced a bill in the House of 
Representatives, H.R. 394 of the 104th Congress, 1st Session 
(1995), which would prohibit each state from imposing a tax 
on the income from a pension of any person who is not a 
resident of that state; and
  WHEREAS, United States Senator Harry Reid has 
introduced a similar bill in the Senate, S. 44 of the 104th 
Congress, 1st Session (1995); now, therefore, be it
  RESOLVED BY THE SENATE AND ASSEMBLY OF THE STATE OF 
NEVADA, JOINTLY, That the Nevada Legislature urges the 
Congress of the United States to pass H.R. 394 or S. 44 of 
the 104th Congress, 1st Session (1995), which would prohibit 
each state from imposing a tax on the income from a pension 
of any person who is not a resident of that state; and be it 
further
  RESOLVED, That the Secretary of the Senate 
prepare and transmit a copy of this resolution to the Vice 
President of the United States as presiding officer of the 
Senate, the Speaker of the House of Representatives and each 
member of the Nevada Congressional Delegation; and be it 
further
  RESOLVED, That this resolution becomes 
effective upon passage and approval.

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