MINUTES
OF THE
SENATE BUSINESS AND LABOR STANDING
COMMITTEE
215 Senate Building, Utah State Capitol Complex
Tuesday, February 3, 2015
Members Present: Sen. Curtis S. Bramble, Chair
Sen. Gene Davis
Sen. Deidre Henderson
Sen. Karen Mayne
Sen. Ralph Okerlund
Sen. Todd Weiler
Members Excused: Sen. Stuart Adams
Staff Present: Mr. Bryant Howe, Policy Analyst
Ms. Karen Allred, Committee Secretary
NOTE: A list of visitors and a copy of handouts are filed
with the committee minutes.
Chair Bramble called the meeting to order at 4:05 p.m.
MOTION: Sen. Okerlund moved to approve the
minutes of the January 30, 2015 meeting.
The motion passed unanimously with Sen. Davis, Sen. Henderson and Sen.
Weiler absent for the vote.
S.B. 120 Regulation of Reverse Mortgages (W. Harper)
Sen. Harper explained the bill to the committee.
MOTION: Sen. Mayne moved to adopt the following amendment:
1. Page
7, Lines 205 through 206:
205 (1)
{The
full amount secured by a reverse mortgage has priority over any other
liens on
206 the real property that secures the
reverse mortgage as of the date of the first
disbursement} All amounts secured by a reverse mortgage have
the same lien priority
as the
first disbursement under the reverse mortgage .
The motion passed unanimously with Sen. Davis and Sen. Weiler absent for the vote.
MOTION: Sen. Mayne moved to pass the bill out favorably as amended. The motion passed unanimously with Sen. Davis and Sen. Weiler absent for the vote.
S.B. 102 Online
Pharmacy Amendments (C. Bramble)
Sen. Bramble explained the bill to the committee.
Spoke against the bill: Dr. William Cosgrove, President, Utah AAP
Mark Brinton, General Counsel and Director of Government Affairs, Utah Medical Association
MOTION: Sen. Bramble moved to pass the bill out favorably. The motion passed unanimously with Sen. Davis absent for the vote.
Sen. Bramble announced that at the request of the sponsor, SB 118 will not be heard today.
S.J.R. 9 Joint
Resolution on Small Business Retirement Plan Availability (T. Weiler)
Sen. Weiler explained the resolution to the committee.
Spoke for the bill: Danny Harris, Director of Advocacy, AARP
Richard Ellis, State Treasurer
MOTION: Sen. Weiler moved to adopt 1st. Sub. S.J.R. 9. The motion passed unanimously with Sen. Okerlund absent for the vote.
MOTION: Sen. Weiler moved to amend the resolution as follows:
1. Page 3, Lines 78 through
82:
78 BE IT FURTHER RESOLVED that a
copy of this resolution be sent to the Utah
79 Chapter of
the American Federation of Labor and Congress of Industrial Organizations, the
80 Utah
Chamber of Commerce, the Utah Association of Independent Insurance Agents, the
Utah
81 Insurance
Department, the Utah Small Business Development Center, the Utah
Association of Certified Public Accounts,
the American Association of Retired Persons, Utah Chapter, and the
members of
82 Utah's
congressional delegation.
The motion passed unanimously with Sen. Okerlund absent for the vote.
MOTION: Sen. Weiler moved to pass the resolution out favorably, as amended. The motion passed unanimously with Sen. Okerlund absent for the vote.
MOTION: Sen. Henderson moved to adjourn. The motion passed unanimously with Sen. Okerlund absent for the vote.
Chair Bramble adjourned the meeting at 4:46 p.m.
________________________
Sen. Curtis S. Bramble, Chair