House of Representatives State of Utah


         UTAH STATE CAPITOL COMPLEX . 350 STATE CAPITOL
Figure

Graphic file number 0 named letter~1.jpg with height 78 p and width 81 p Left aligned
         P.O. BOX 145030 . SALT LAKE CITY, UTAH 84114-5030 . (801) 538-1029         February 12, 2008

Mr. Speaker:

    The Government Operations Committee reports a favorable recommendation on H.B. 352, AMENDMENTS RELATED TO MONIES DERIVED FROM NAVAJO NATION RESERVATION LANDS IN UTAH, by Representative D. Clark, with the following amendments:

1.    Page 8, Lines 223 through 226 :    

             223          (i) beginning on the effective date of this bill, take an action that imposes or may
             224      impose a liability or obligation described in Subsection (1)(d) that is:
             225          (A) anticipated to be completed on or after January 1,

{   2009   }        2010       ; or

             226          (B) equal to or greater than $100,000;

2.    Page 9, Lines 267 through 269 :    

             267          (4) (a) By no later than May 5, 2008 the repealed board of trustees shall:
             268          (i) adopt a list of all
{   liabilities or obligations   }        related assets and liabilities       of the repealed trust fund that are not

             269      satisfied by May 5, 2008;

3.    Page 9, Line 275 through Page 10, Line 280 :    

             275          (b) The state auditor, in addition to completing its Fiscal Year 2007-2008 audit of the
             276      repealed Navajo Trust Fund, shall:
             277          (i)
{   conduct an inventory   }        verify the list       of the related assets and liabilities of the repealed Navajo

             278      Trust Fund
{   to be completed   }        adopted by the repealed board of trustees under Subsection (4)(a)       by no later than June 30, 2008; and

             279          (ii) provide a written copy of the
{   inventory   }        verification       to the governor and the Legislature by no

             280      later than July 30, 2008.

4.    Page 10, Line 301 through Page 11, Line 310 :    

             301      fixed asset is not required by a lease to maintain a fixed asset;
{   and   }

             302          (d) through the Division of Facilities Construction and Management, take those steps
             303      necessary to secure the purchase:
             304          (i) of the following that is owned by the repealed Navajo Trust Fund as of May 5,
             305      2008:
             306          (A) the government service building; or
             307          (B) another fixed asset of the repealed Navajo Trust Fund, if the sale of the fixed asset
             308      is consistent with the obligations of the state with regard to the Utah Navajo royalties; and
             309          (ii) (A) in an arms length manner; and
             310          (B) so that fair market compensation is paid to the repealed Navajo Trust Fund
  ; and

(e) charge the fund established under Subsection (2)(a) for the expenses that are necessary and reasonable to comply with the requirements of this Subsection (7)  
.


    Respectfully,

    Glenn A. Donnelson
    Committee Chair

Voting: 11-0-1
3 HB0352.HC1.wpd 2/12/08 9:34 am benchristensen/BNC PO/AMN

Bill Number
Action Class
Action Code

*HB0352*
*H*
*HCRAMD*

 HB0352
H
HCRAMD