REVENUE AND TAXATION INTERIM COMMITTEE
Wednesday, September 21, 2022 | 8:30 AM | 445 State Capitol

1.    Committee Business

·         Call to order

·         Approval of the minutes of the August 17, 2022, meeting

 

2.      Draft Legislation: Water Property Tax Amendments

The committee will discuss draft legislation, “Water Property Tax Amendments.”

 

·         Sen. Daniel McCay

·         Public comment

·         Committee discussion/action

 

3.    Property Tax: Residential and Commercial Values

The committee will hear presentations on the recent trends regarding assessed values of residential and commercial properties in Utah.

 

·         John Ulibarri, Weber County Assessor

·         Jake Parkinson, Tooele County Assessor

·         Public comment

·         Committee discussion/action

 

4.    Revenue Update

The committee will receive a revenue update.

 

·         Maddy Oritt, Senior Economist, Legislative Fiscal Analyst

·         Public comment

·         Committee discussion/action

 

5.    Income Tax: Credits

The committee will hear a proposal for tax credit legislation.

 

·         Rep. Kay Christofferson

·         Public comment

·         Committee discussion/action

 

6.    Income Tax Credits: Review

Sections 59-7-159 and 59-10-137 require the Revenue and Taxation Interim Committee each year to

review certain tax credits and make recommendations concerning whether the tax credits should be

continued, modified, or repealed.

 

·         Department of Environmental Quality: Recycling Market Development Zones

o   Doug Hansen, Director, Division of Waste Management and Radiation Control

·         Office of Energy Development: Renewable Energy Systems and Qualifying Solar Projects

o   Chris Reisinger, Incentives Manager

·         Public comment

·         Committee discussion/action

 

7.    Volunteer Income Tax Assistance (VITA) Program

The committee will receive presentations on VITA, an IRS grant program designed to support free tax

preparation services through various partner organizations.

·         Kristina King, Policy Analyst, Office of Legislative Research and General Counsel

·         Scott Smith, Executive Director, Tax Commission

·         Dr. Lori Kowaleski-Jones, Professor and Co-director, Connect to Collect Program, University of Utah

·         Viridiana Najera, Project Facilitator, University of Utah

·         Public comment

·         Committee discussion/action

 

8.    Other Items/Adjourn