MINUTES OF THE
SENATE REVENUE AND TAXATION STANDING COMMITTEE MEETING
Room 250, State Capitol
February 12, 2013
Members Present: Sen. Deidre Henderson, Chair
Sen. J. Stuart Adams
Sen. Jim Dabakis
Sen. Gene Davis
Sen. Wayne A. Harper
Sen. Scott K. Jenkins
Sen. Howard A. Stephenson
Sen. John L. Valentine
Members Absent: Sen. Curtis S. Bramble
Staff Present: Mr. Phillip V. Dean, Policy Analyst
Ms. Nancy A. Skidmore, Committee Secretary
.
A list of visitors and a copy of handouts are filed with the committee minutes.
Chair Henderson called the meeting to order at 2:12 p.m.
Approval of Minutes
MOTION: Sen. Harper moved to approve the minutes of February 8, 2013. The motion
passed unanimously with Sens. Adams, Davis, and Jenkins absent for the vote.
1st Sub S.B. 58 Amendments to Sales and Use Tax (W. Harper)
Sen. Harper presented and explained the bill.
MOTION: Sen. Harper moved to replace 1st Sub S.B. 58. with 2nd Sub S.B. 58. The motion
passed unanimously with Sens. Adams, Davis, and Jenkins absent for the vote.
MOTION: Sen. Valentine moved to amend 2nd Sub S.B. 58. as follows:
1. Page
29, Lines 875 through 878
:
875
(7) (a) The revenue and interest described in Subsection (6)(a) may be
{
expended for
876
local purposes
}
used to lower sales tax rates
as the Legislature may provide by
statute.
877
(b) The revenue and interest described in Subsection (6)(b) may
{
be expended as
the
878
Legislature
}
be used to lower sales tax rates as
may
{
provide
}
be
provided
by statute.
The motion passed, with Sens. Dabakis and Davis voting in opposition and Sens. Adams and
Jenkins absent for the vote.
MOTION: Sen. Stephenson moved to pass 2nd Sub S.B. 58 out favorably. The motion
passed, with Sens. Dabakis and Davis voting in opposition and Sens. Adams and
Jenkins absent for the vote.
S.B. 171 Sales and Use Tax Exemption for Electronic Financial Payment Services (H.
Stephenson)
Sen. Stephenson presented and explained the bill.
Spoke in favor of the bill: Jeff Edwards, President and CEO, Economic Development
Corporation of Utah
Spoke to the bill: Allison Rowland, Director of Research and Budget, Voices for
Utah Children
Gary R. Thorup, Attorney, Representing eBay
Rob Wall, City Attorney, City of South Jordan
MOTION: Sen. Stephenson moved to pass S.B. 171 out favorably. The motion passed
unanimously with Sen. Davis absent for the vote.
H.B. 67 Personal Property Taxation Revision (G. Froerer)
Sen. Froerer presented and explained the bill.
MOTION: Sen. Harper moved to substitute H.B. 67 with 1st Sub. H.B. 67. The motion
passed unanimously with Sens. Dabakis and Davis absent for the vote.
Spoke to the bill: John Ulibarri, Weber County Assessor, President, Utah
Association of County Assessors
Lee Brinton, Meadow Creek Development
Jayceen Walker, Building Owners and Managers Association of
Utah
Chase Everton, Utah Taxpayers Association MOTION: Sen. Adams moved to pass 1st Sub. H.B. 67 out favorably. The motion passed
unanimously with Sen. Davis absent for the vote.
SUB 1 H.B. 74 Property Tax Modifications (Rep. Mathis)
MOTION: Sen. Valentine moved to amend 1st Sub. H.B. 74 as follows:
1. Page
11, Lines 318 through 327
House Floor Amendments
2-8-2013
:
318
H. [(32)] (33) .H "Split estate mineral rights owner" means a person who:
319
(a) has a legal right to extract a mineral from property;
320
(b) does not hold more than a H. [1%] 25% .H interest in:
321
(i) the
{
property's
}
land surface rights
of the property where the wellhead
is located
; or
322
(ii) an entity with an ownership interest in the
{
property's
}
land surface rights
of the property where the wellhead is located
;
323
(c) is not an entity in which the owner of the
{
property's
}
land surface rights
of the property where the wellhead is located
holds more
324
than a H. [1%] 25% .H interest; and
325
(d) does not have a relationship with an owner of the
{
property's
}
land
surface rights
of the property where the wellhead is located
H. [ that
326
is a relationship described in Subsection 267(b), Internal Revenue Code, except that the
term
327
1% shall be substituted for the term 50% in Subsection 267(b), Internal Revenue Code]
.H .
The motion passed unanimously with Sens. Adams, Davis, and Harper absent for the vote.
Spoke in favor of the bill: Lee Peacock, Utah Petroleum Association
Spoke to the bill: Bruce Johnson, Chair, Utah Tax Commission
MOTION: Sen. Jenkins moved to pass 1st Sub. H.B. 74 out favorably. The motion passed
unanimously, with Sens. Adams, Davis, Harper, and Stephenson absent for the
vote, and Sen. Valentine declaring a conflict of interest.
MOTION: Sen. Jenkins moved to adjourn. The motion passed with Sens. Adams, Davis,
Harper, and Stephenson absent for the vote.
Chair Henderson adjourned the meeting at 3:50 p.m.
Minutes reported by Nancy A. Skidmore, Secretary
____________________________________
Sen. Deidre M. Henderson, Committee Chair