House of Representatives State of Utah


         UTAH STATE CAPITOL COMPLEX . 350 STATE CAPITOL
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         P.O. BOX 145030 . SALT LAKE CITY, UTAH 84114-5030 . (801) 538-1029

        February 4, 2013

Madam Speaker:

    The Revenue and Taxation Committee reports a favorable recommendation on H.B. 67, PERSONAL PROPERTY TAXATION REVISIONS, by Representative G. Froerer, with the following amendments:


1.      Page 11, Lines 316 through 322:

             316          (30) (a) Subject to Subsection (30)(b), "qualifying exempt primary residential rental
             317      personal property" means household furnishings, furniture, and equipment that:
             318          (i) are used exclusively within a dwelling unit that is the primary residence of a tenant;

      (ii) are owned by the owner of the dwelling unit that is the primary residence of a tenant ;      

             319      and
             320          
{   (ii)   }        (iii)       after applying the residential exemption described in Section 59-2-103 , are exempt

             321      from taxation under this chapter in accordance with Subsection 59-2-1115 (2).
             322          (b) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the

2.    Page 11, Line 334 through Page 12, Line 339:

             334          (b) Subject to Subsection (32)(c), "residential property":
             335          (i) except as provided in Subsection (32)(b)(ii), includes household furnishings,
             336      furniture, and equipment if the household furnishings, furniture, and equipment are

  :

    (A)       used

             337      exclusively within a dwelling unit that is the primary residence of a tenant; and
  (B) owned by the owner of the dwelling unit that is the primary residence of a tenant; and      

             338          (ii) does not include property used for transient residential use or condominiums used
             339      in rental pools.


1.    Page 1, Lines 24 through 25:

             24      Other Special Clauses:
             25          This bill

{   has retrospective operation to   }        takes effect on       January 1,      {   2013   }        2014      


.
2.    Page 25, Lines 744 through 745:
             744          Section 7.
{   Retrospective operation.   }        Effective date.      

             745          This bill
{   has retrospective operation to   }        takes effect on       January 1,      {   2013   }        2014       .

    Respectfully,

    Ryan D. Wilcox
    Committee Chair

Voting: 13-0-3
3 HB0067.HC1.wpd 2/5/13 4:58 pm abradshaw/PVD RLR/PVD

Bill Number
Action Class
Action Code

*HB0067*
*H*
*HCRAMD*

 HB0067
H
HCRAMD