00:50 - Gavel. 00:54 - "The Wealth Effects of Housing": a presentation by Glenn Dorfman, Minnesota Association of Realtors. 48:32 - Discussion of <A HREF="http://www.house.leg.state.mn.us/bills/billnum.asp?billnumber=HF705&session_number=0&ls_year=84&year=2005">HF705</A> (Lenczewski) Corporate franchise and income tax sales weighting of the apportionment formula increased - and - <A HREF="http://www.house.leg.state.mn.us/bills/billnum.asp?billnumber=HF760&session_number=0&ls_year=84&year=2005">HF760</A> (Abrams) Single sales apportionment adopted relating to corporate franchise taxation. 1:18:27 - Discussion of <A HREF="http://www.house.leg.state.mn.us/bills/billnum.asp?billnumber=HF711&session_number=0&ls_year=84&year=2005">HF711</A> (Abrams) Alternative minimum taxable income modified - and - <A HREF="http://www.house.leg.state.mn.us/bills/billnum.asp?billnumber=HF845&session_number=0&ls_year=84&year=2005">HF845</A> (Lenczewski) Alternative minimum income tax repealed. Runs 1 hour, 45 minutes.