MINUTES OF THE

SENATE REVENUE AND TAXATION STANDING COMMITTEE

Room 250, Utah State Capitol

February 2, 2016

Members Present: Sen. Deidre M. Henderson, Chair

Sen. Curtis S. Bramble

Sen. Wayne Harper

Sen. Howard Stephenson

Member Excused: Sen. Jim Dabakis

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 2:17 p.m.

MOTION: Sen. Harper moved to approve the minutes of the January 28, 2016 meeting. The motion passed unanimously with Sen Stephenson absent for the vote.

H.B. 39 Pass-through Entity Return Filing Date (Rep. S. Eliason)

Rep. Eliason 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. Bramble moved to place the bill on the Consent Calendar. The motion passed unanimously with Sen. Stephenson absent for the vote.

S.B. 68 Property Tax Amendments (Sen. W. Harper)

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

I. Page 2, Lines 33 through 44:

33 (2) Subject to the other provisions of this part, eligible personal property is exempt

34 from taxation when it is leased to the following entities through a long-term lease:

35 (a) the state;

36 (b) a school district {, including a charter school under Title 53A, Chapter 1a, Part 5, The

37 Utah Charter Schools Act} or charter school ;

38 (c) a public library;

39 (d) a county;

40 (e) a city;

41 (f) a town;

42 (g) a local district;

43 (h) a special service district; or

44 (i) any other political subdivision of the state.

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

Sen. Harper explained the bill to the committee.

Spoke for the bill: Dave Haymond, Territory Manager, Honnen Equipment Company

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

S.J.R. 3 Proposal to Amend Utah Constitution – Property Tax Exemptions (Sen. W. Harper)

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

I. Page 3, Lines 85 through 86:

85 out of state for at least 200 days in a calendar year or 200 consecutive days[.]; and

86 (d) tangible personal property leased by the State or by a political subdivision of the State.

The motion passed unanimously.

Sen. Harper explained the bill to the committee.

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

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

H.B. 24 Aeronautics Restricted Account Amendments (Rep. J. Stanard)

This bill was not considered.

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

Chair Henderson adjourned the meeting at 2:45 p.m.

__________________________

Sen. Deidre M. Henderson, Chair