MINUTES OF THE

SENATE RETIREMENT AND INDEPENDENT ENTITIES

STANDING COMMITTEE

Wednesday, February 1, 2017 • 12:15 pm • 250 State Capitol

Note: A list of others present, a copy of related materials, and an audio recording of the meeting can be found at le.utah.gov.

Chair Hemmert called the meeting to order at !2:32 p.m.

1. S.B. 109 Small Employer Retirement Program (Weiler, T.)

MOTION:     Sen. Weiler moved to replace S.B. 109 with 1st Substitute S.B. 109. The motion passed with a vote of 5-0-1.

Sen. Weiler presented the bill.

Mr. Dave Davis, President, Utah Food Industry, Utah Retails Merchants, spoke for the bill.

Mr. Todd Bingham, President, Utah Manufacturers Association, spoke for the bill.

Mr. Johnathan Perry, President, Vest Pocket Business Coalition, spoke for the bill.

Mr. Danny Harris, Director of Advocacy, AARP of Utah, spoke for the bill.

Mr. Bill Gallagher, Agent/Manager, NAFA Utah, spoke in opposition to the bill.

Howard Headlee, President, Utah Bankers Association, spoke in opposition to the bill.

MOTION:     Sen. Weiler moved to pass 1st Substitute S.B. 109 out favorably.

MOTION:     Sen. Harper moved to adjourn. The motion passed with a vote of 4-1-1.

Chair Hemmert adjourned the meeting.12:59 p.m.

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Sen. Daniel Hemmert, Chair