MINUTES OF THE
SENATE RETIREMENT & INDEPENDENT ENTITIES STANDING COMMITTEE
Room 20 House Building, Utah State Capitol Complex
February 9, 2016
Members Present: Sen. Todd Weiler, Chair
Sen. Curtis S. Bramble
Sen. Gene Davis
Sen. Margaret Dayton
Sen. Karen Mayne
Sen. Daniel W. Thatcher
Staff Present: Mr. Alex Janak, Policy Analyst
Ms. Lorna Wells, Committee Secretary
NOTE: A list of visitors and a copy of handouts are filed with the committee minutes.
Chair Weiler called the meeting to order at 7:13 pm.
H.B. 35 Retirement and Insurance Benefit Claims Limits (Rep. K. Powell)
Rep. Powell explained the bill to the committee.
MOTION: Sen. Dayton moved to pass the bill out favorably. The motion passed unanimously with Sen. Thatcher absent for the vote.
S.B. 36 Postretirement Employment Exceptions (Sen. K. Mayne)
Sen. Mayne explained the bill to the committee:
Spoke to the bill: Mr. Dee Larsen, Counsel for Utah Retirement Systems
Mr. Kory Holdaway, Utah Public Employees Association
Spoke for the bill: Mr. George Chapman
MOTION: Sen. Mayne moved to pass the bill out favorably. The motion passed with Sen. Weiler voting in opposition.
Sen. Weiler relinquished the Chair to Sen. Dayton.
S.B. 133 Small Employer Retirement Program (Sen. T. Weiler)
Sen. Weiler explained the bill to the committee.
MOTION: Sen. Weiler moved to replace S.B. 133 with 1st Substitute S.B. 133. The motion passed unanimously.
Spoke for the bill: Mr. David Damschen, State Treasurer
Mr. Danny Harris, Director of Advocacy, AARP
Mr. Jeff Scott, Director, FirstWest Retirement Solutions
Mr. Paul Rogers, Fidelity Investments
MOTION: Sen. Weiler moved to pass the bill out favorably. The motion passed unanimously.
MOTION: Sen. Weiler moved to adjourn. The motion passed unanimously.
Acting Chair Dayton adjourned the meeting at 7:50 p.m.
Sen. Todd Weiler, Chair