MINUTES OF THE

SENATE REVENUE AND TAXATION STANDING COMMITTEE

Room 250, Utah State Capitol

February 25, 2014

 

Members Present:     Sen. Curtis S. Bramble

                                    Sen. Jim Dabakis

                                    Sen. Gene Davis

                                    Sen. Wayne Harper

                                    Sen. Scott Jenkins

                                    Sen. Howard Stephenson

                                   

Members Excused:    Sen. J. Stuart Adams

                                    Sen. Deidre M. Henderson

                                    Sen. John Valentine

           

Staff Present:             Mr. Leif Elder, Policy Analyst

                                    Ms. Nancy Skidmore, Committee Secretary

 

NOTE:  A list of visitors and a copy of handouts are filed with the committee minutes.

 

Chair Henderson asked Sen. Harper to chair the meeting.

 

Sen. Harper called the meeting to order at 8:10 a.m.

 

MOTION:  Sen. Jenkins moved to approve the minutes of the February 21, 2014 meeting. The motion passed unanimously with Sen. Davis and Sen. Stephenson absent for the vote.    

 

S.B. 224       Renewable Energy Tax Credit Amendments (Sen. R. Okerlund)

 

Sen. Okerlund explained the bill to the committee.

 

Spoke to the bill:         Peter Sullivan, Director of Development, First Wind

                     Shelly Teuscher, Director of Government Relations, Parsons Behle and Latimer

 

Spoke for the bill:       Josh Case, Chief Executive Officer, Energy Capital Group

 

MOTION:  Sen. Bramble moved to pass the bill out favorably. The motion passed unanimously.

 

 

 

 

 

 

 

S.B. 206       Tax, Fee, or Charge Offense and Penalty Amendments (Sen. C. Bramble)

 

MOTION:   Sen. Bramble moved to amend the bill as follows:

I.                    Page 11, Lines 318 through 323:       


             318             (c) (i)  [A person who, with intent to evade a tax, fee, or charge or requirement of this

             319             title or any lawful requirement of the commission,] With respect to a tax, fee, or charge, a

             320             person who knowingly and intentionally  , and without a good faith basis,   fails to make, render, sign, or verify a return   within the time required by law  or to

             321             supply information within the time required by law, or who makes, renders, signs, or verifies a

             322             false or fraudulent return or statement, or who supplies false or fraudulent information, is guilty

             323             of a third degree felony.


 

2.         Page 13, Line 395 through Page 14, Line 401:  


             395             (c) (i)  [Any person who, with intent to evade any tax, fee, or charge as defined in

             396             Section or requirement of Title 59, Revenue and Taxation, or any lawful requirement

             397             of the State Tax Commission,] With respect to a tax, fee, or charge as defined in Section

             398             , any person who knowingly and intentionally  , and without a good faith basis,   fails to make, render, sign, or verify any

             399             return   within the time required by law  or to supply any information within the time required by law, or who makes, renders,

                                   400    signs, or verifies any false or fraudulent return or statement, or who supplies any false or

                                   401    fraudulent information, is guilty of a third degree felony.

 

                        The motion passed unanimously with Sen. Stephenson absent for the vote.

 

Sen. Bramble explained the bill to the committee.

 

MOTION:  Sen. Bramble moved to pass the bill out favorably. The motion passed unanimously

                     with Sen. Stephenson absent for the vote.

 

MOTION:  Sen Davis moved the bill be placed on the Consent Calendar. The motion passed

                     unanimously with Sen. Stephenson absent for the vote.                                  

 

S.B. 207       Corporate Franchise and Income Tax Amendments (Sen. C. Bramble)

 

Sen. Bramble explained the bill to the committee.

 

MOTION:  Sen. Jenkins moved to pass the bill out favorably. The motion passed unanimously with Sen. Stephenson and Sen. Davis absent for the vote.

 

MOTION:   Sen. Jenkins moved the bill be placed on the Consent Calendar. The motion passed unanimously with Sen, Stephenson and Sen. Davis absent for the vote.

 

S.B. 214       Multistate Tax Compact Amendments (Sen. C. Bramble)

 

Sen. Bramble explained the bill to the committee.

 

Spoke to the bill:         Bruce Johnson, Commissioner, Utah State Tax Commission

 

MOTION:  Sen. Jenkins moved to pass the bill out favorably. The motion passed unanimously with Sen. Stephenson and Sen. Davis absent for the vote.

 

MOTION:   Sen. Bramble moved the bill be placed on the Consent Calendar. The motion passed unanimously with Sen. Stephenson and Sen. Davis absent for the vote.

 

MOTION:  Sen. Jenkins moved to adjourn. The motion passed unanimously with Sen.

                     Stephenson and Sen. Davis absent for the vote.

 

Sen. Harper adjourned the meeting at 8:33 a.m.

 

 

 

 

__________________________

Sen. Wayne Harper, Acting Chair