MINUTES OF THE

SENATE REVENUE AND TAXATION STANDING COMMITTEE

Room 250, Utah State Capitol

March 4, 2015

Members Present: Sen. Deidre M. Henderson, Chair

Sen. Curtis S. Bramble

Sen. Jim Dabakis,

Sen. Wayne Harper

Sen. Howard Stephenson

Member Excused: Sen. Gene Davis

President Wayne L. Niederhauser

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 called the meeting to order at 4:28 p.m.

MOTION: Sen. Harper moved to approve the minutes of the March 3, 2015 meeting. The motion passed unanimously with Sen. Bramble and Sen. Stephenson absent for the vote.

S.B. 267 Sales and Use Tax Exemption Amendments (Sen. J. S. Adams)

This bill was not considered.

S.B. 292 Achieving a Better Life Experience Program and Tax Credits (Sen. T. Weiler)

Sen. Weiler explained the bill to the committee.

Spoke to the bill: Lynn Ward, Executive Director, Utah Educational Savings Plan

Kelsey White, Research Analyst, Utah Taxpayers Association

Spoke for the bill: Joyce Dolcourt, Legislative Coalition for People with Disabilities

Jon Owen, President, Utah Autism Coalition

Kim Jensen

Catherine Lake

Christine Passey

Howard Headlee, President, Utah Bankers Association

Frank Pignanelli, National Association of Banks

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

H.B. 204S01 Tax Increment Amendments (Rep. J. Peterson)

Rep. Peterson explained the bill to the committee.

Spoke to the bill: John Dougall, State Auditor

MOTION: Sen. Bramble moved to pass the bill out favorably. The motion passed with Sen. Stephenson voting in opposition.

H.B. 326 Federal Funds Commission Extension (Rep. K. Ivory)

Rep. Ivory explained the bill to the committee.

Spoke for the bill: Susan Speirs, Utah Association of CPAs

MOTION: Sen. Harper moved to pass the bill out favorably. The motion passed with Sen. Dabakis voting in opposition.

H.B. 333 Budget Reserve Account Amendments (Rep. D. Sanpei)

Rep. Sanpei explained the bill to the committee.

Spoke for the bill: Stan Rasmussen, Sutherland Institute

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

H.J.R. 20 Joint Resolution Amending Civil Procedure Rule 62 (Rep. D. Sagers)

Rep. Sagers explained the bill to the committee.

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

MOTION: Sen. Bramble moved to adjourn. The motion passed unanimously.

Chair Henderson adjourned the meeting at 5:28 p.m.

__________________________

Sen. Deidre M. Henderson, Chair