House of Representatives State of Utah


         W030 STATE CAPITOL COMPLEX . P.O. BOX 145030
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        SALT LAKE CITY, UTAH 84114-5030 . (801) 538-1029         February 7, 2007

Mr. Speaker:

    The Revenue and Taxation Committee reports a favorable recommendation on H.B. 308, TAX ME MORE FUND - VOLUNTARY CONTRIBUTION TO PUBLIC EDUCATION, by Representative G. Hughes, with the following amendments:

1.    Page 1, Line 1 :    

             1     

TAX ME MORE FUND
  - VOLUNTARY CONTRIBUTION TO PUBLIC
EDUCATION  


2.    Page 1, Lines 23 through 24 :    

             23          .    requires the State Tax Commission to determine annually the contributions to the
             24      Tax Me More Fund and deposit those contributions into the Tax Me More Fund;
  . requires contributions credited to the Tax Me More Fund to be deposited into the Uniform School Fund;      


3.    Page 2, Line 42 :    

             42          59-10-550.3. Tax Me More Fund -- Interest -- Contribution to fund
  -- Deposit of contributions into the Uniform School Fund       .


4.    Page 3, Lines 71 through 75 :    

             71          (7) The commission shall:
             72          (a) determine annually the total amount of contributions designated in accordance with
             73      this section; and
             74          (b) credit the amount described in Subsection (7)(a) to the Tax Me More Fund created
             75      by this section.
  (8) Amounts credited to the Tax Me More Fund shall be deposited into the

Uniform School Fund.      



5.    Page 2, Line 1:    After "MORE" insert "FOR EDUCATION"
6.    Page 2, Line 44:    After "More" insert "for Education"
7.    Page 2, Line 45:    After "More" insert "for Education"
8.    Page 2, Line 48:    After "Interest earned on the Tax Me More" insert "for         Education"
9.    Page 2, Line 49:    At the beginning of line 49 insert "for Education"
10.    Page 2, Line 53:    After "More" insert "for Education"
11.    Page 3. Line 74:    After "More" insert "for Education"

    Respectfully,

    John Dougall
    Committee Chair

Voting: 9-5-1
3 HB0308.HC1.wpd 2/7/07 5:07 pm bhowe/BRH RLR/BRH

Bill Number
Action Class
Action Code

*HB0308*
*H*
*HCRAMD*

 HB0308
H
HCRAMD