MINUTES OF THE

HOUSE REVENUE AND TAXATION

STANDING COMMITTEE

Room 445, State Capitol

March 2, 2015

Members Present:    Rep. Daniel McCay, Chair

                                    Rep. Jeremy A. Peterson, Vice Chair

                                    Rep. Joel K. Briscoe

                                    Rep. Gage Froerer

                                    Rep. Brian M. Greene

                                    Rep. Eric K. Hutchings

                                    Rep. Ken Ivory                                                           

                                    Rep. Brian S. King

                                    Rep. John Knotwell

                                    Rep. Mike K. McKell

                                    Rep. Douglas V. Sagers

                                    Rep. Jon E. Stanard

Members Absent:     Rep. Rich Cunningham          

Staff Present:            Leif G. Elder, Policy Analyst

                                    An Bradshaw, Secretary

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

Chair McCay called the meeting to order at 8:22 a.m.

MOTION:     Rep. Briscoe moved to approve the minutes of the February, 24, 2015 and February 25, 2015 meetings. The motion passed unanimously with Rep. Froerer and Rep. Hutchings absent for the vote.

Leif Elder, Office of Legislative Research and General Counsel, gave a PowerPoint presentation, "A Key Component of the Property Tax System: The Certified Rate", and answered questions from the committee

Vice Chair Peterson assumed the chair.

H.B. 328         Tax Changes (Rep. D. McCay)

Rep. McCay explained the bill to the committee. John Valentine, State Tax Commissioner, and Roger Tew, Utah League of Cities and Towns, answered questions from the committee.

Spoke for the bill:       Lynn Pace, Salt Lake City

                                    Matt Dahl, Utah Redevelopment Association

                                    David Spatafore, South Jordan City

                                    Steve Young, tax practitioner

                                    Billy Hesterman, Utah Taxpayers Association

Spoke to the bill:        Roger Tew, Utah League of Cities and Towns

                                    Lincoln Shurtz, Utah Association of Counties

                                    John Valentine, State Tax Commissioner

MOTION:     Rep. McKell moved to adopt 1st Sub. H.B. 328. The motion passed unanimously with Rep. Froerer absent for the vote.

MOTION:     Rep. McKell moved to pass the bill out favorably. The motion passed with Rep. King and Rep. Stanard voting in opposition and Rep. Froerer absent for the vote.

MOTION:     Rep. Sagers moved to adjourn the meeting. The motion passed unanimously with Rep. Froerer absent for the vote.

Vice Chair Peterson adjourned the meeting at 9:59 a.m.

Daniel McCay, chair