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Revenue and Taxation Interim Committee
NOTICE OF MEETING
TO: Revenue and Taxation Interim Committee
FROM: Bryant R. Howe, Research Analyst
DATE: October 7, 1998
SUBJECT: October 21 Meeting
Sen. Howard C. Nielson and Rep. Raymond W. Short have scheduled a meeting of the Revenue
and Taxation Interim Committee as follows:
DATE: Wednesday, October 21, 1998
TIME: 9:00 a.m.
PLACE: 223 State Capitol
An agenda is included. If you are unable to attend, please call me or Kaye Clark at 538-1032.
COMMITTEE MEMBERS
Sen. Howard C. Nielson, Senate Chair
Rep. Raymond W. Short, House Chair
Sen. Leonard M. Blackham
Sen. Mike Dmitrich
Sen. E. George Mantes
Sen. L. Steven Poulton
Sen. Howard A. Stephenson
Rep. Judy A. Buffmire
Rep. Greg J. Curtis
Rep. Kevin S. Garn
Rep. James R. Gowans
Rep. Wayne A. Harper
Rep. David M. Jones
Rep. Patricia B. Larson
Rep. Loraine Pace
Rep. Jack A. Seitz
Rep. John L. Valentine
Rep. Richard L. Walsh
Proposed Agenda
Revenue and Taxation Interim Committee
Wednesday, October 21, 1998 _ 9:00 a.m. _ 223 State Capitol
9:00 1. Committee Business_
a.
Approval of minutes of September 23, 1998 meeting
b.
Follow Up on Congressional Action on Changes to the Federal
Income Tax
9:10 2. Revenue Update and Economic Assumptions for
FY 2000 Revenue Estimates _ Doug Macdonald, Senior
Economist, Utah State Tax
Commission
9:30 3. Individual Income Tax Credit for Sales Tax Paid
on Food _
a.
Review of Proposed Legislation _ Rebecca L. Rockwell,
Associate General Counsel
b.
Public Comment
c.
Committee Discussion and Action
10:00 4. Sales Tax Exemption for Expanding Manufacturing
Operations and
Replacement Parts Used in
Manufacturing _ Staff Report
10:30 5. Research Tax Credit _
a.
Review of Proposed Legislation _ Rebecca L. Rockwell,
Associate General Counsel
b.
Discussion of Other Proposals
c.
Public Comment
d.
Committee Discussion and Action
11:00 6. State Earned Income Tax Credit _ Gina Cornia, Utah Issues Information Program
11:20 7. Update on Utah State Tax Commission Management
Information Systems,
UTAX, and "Year 2000"
Issues _
11:40 8. Apportionment of Airline Property Tax Value _
a.
Kelly Wright, Office of the Attorney General
b.
Steve Allred, Salt Lake City
c.
Salt Lake City School District
12:00 9. Other Business _
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