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January 25, 2000
Mr. Speaker:
The Revenue and Taxation Committee reports a favorable recommendation on H.B. 178, PROPERTY TAX CERTIFIED TAX RATE ADJUSTMENTS - UNIFORM FEES, by Representative R. Short, with the following amendments:
1. Page 1, Line 7: After "TO" delete "DECREASE" and insert "ADJUST" and after "RATE" insert "AND CERTIFIED REVENUE LEVY"
2. Page 4, Line 96 through 120: Delete Lines 96 through 120
3. Page 5, Lines 121 through 132: Delete Lines 121 through 132 and after Line 132 insert:
"(g) For purposes of Subsections (2)(h) and (i):
(i) "1998 actual collections" means the amount of revenues a taxing entity actually collected for the calendar year beginning on January 1, 1998, under Section 59-2-405 for:
(A) motor vehicles required to be registered with the state that weigh 12,000 pounds or less; and
(B) state-assessed commercial vehicles required to be registered with the state that weigh 12,000 pounds or less.
(ii) "1999 actual collections" means the amount of revenues a taxing entity actually collected for the calendar year beginning on January 1, 1999, under Section 59-2-405.1.
(iii) "1999 uniform fee revenue decrease" means that for the calendar year beginning on January 1, 1999, a taxing
entity's 1998 actual collections were greater than the sum
of:
(A) the taxing entity's 1999 actual collections; and
(B) any adjustments the commission made under
Subsection (2)(f).
(iv) "1999 uniform fee revenue increase" means that for
the calendar year beginning on January 1, 1999, a taxing
entity's 1998 actual collections were less than the sum of:
(A) the taxing entity's 1999 actual collections; and
(B) any adjustments the commission made under
Subsection (2)(f).
(h) For the calendar year beginning on January 1, 2000, if
a taxing entity had a 1999 uniform fee revenue increase
or a 1999 uniform fee revenue decrease, the commission
shall make the following adjustments:
(i) for a taxing entity having a 1999 uniform fee revenue
increase, the commission shall decrease the taxing
entity's certified tax rate under this section and the taxing
entity's certified revenue levy under Section 59-2-906.1
by the amount necessary to offset the amount by which
the taxing entity's 1998 actual collections are less than
the sum of:
(A) the taxing entity's 1999 actual collections; and
(B) any adjustments the commission made under
Subsection (2)(f); and
(ii) for a taxing entity having a 1999 uniform fee revenue
decrease, the commission shall increase the taxing
entity's certified tax rate under this section and the taxing
entity's certified revenue levy under Section 59-2-906.1
by the amount necessary to offset the amount by which
the taxing entity's 1998 actual collections exceed the sum
of:
(A) the taxing entity's 1999 actual collections; and
(B) any adjustments the commission made under
Subsection (2)(f)."
4. Page 4, Line 133: At the beginning of Line 133 delete "(j)" and insert "(i)"
5. Page 5, Line 134: After "through" delete "(i)" and insert "(h)"
6. Page 5, Line 135: After "determining" delete the remainder of Line 135 and insert "a taxing entity's 1998 actual collections and 1999 actual collections"
7. Page 5, Line 136: Delete Line 136 except for the period
Respectfully,
Raymond W. Short
Committee Chair
Voting: 8-3-3
3 HB0178.HC1 1/25/00 4:24 PM bhowe/BRH RLR/BRH
Bill Number
*HB0178*
HB0178