Home Sessions Committee Streaming This is the notification div Senate Revenue and Taxation Committee - January 30, 2020 250 State Capitol Participate in Virtual Meeting Option to provide public comment (at committee chair's discretion) Video for all meetings Requires submitting name to join meeting Live Audio/Video No option to provide public comment Audio only for meetings in House 30, Senate 210, and State Capitol 445; video for all other meetings Does not require submitting name to listen to/watch meeting Additional Information Follow Along Display documents automatically as they are discussed This meeting is not currently streaming. Markers Agenda Docs Downloads Make Clip Recording 1 Chair Fillmore called the meeting to order at 2:11:45 PM. Sen. Henderson assumed the chair. S.B. 53 Global Intangible Low Taxed Income Amendments (Fillmore, L.) Sen. Fillmore presented SB 53. Handout- Ending Offshore Tax Haven Abuse Academic Perspectives on SALT Rusty Cannon, Vice President, Utah State Tax Commission, spoke to the bill. John Valentine, Chair of the Utah State Tax Commission, spoke in favor of the bill. Matthew Weinstein, Director, Voices for Utah Children, spoke in opposition of the bill. Sen. Fillmore moved to pass S.B. 53 out favorably. Chair Fillmore assumed the chair. S.B. 77 Sales Tax Exemption Modifications (Kitchen, D.) Forecast of Utility-Scale Battery Storage Systems Growth Sen. Derek L. Kitchen presented SB 77. Sen. Bramble moved to replace S.B. 77 with 1st Substitute S.B. 77. John Valentine, Utah State Tax Chair, spoke to the substitution. Sen. Davis motioned to move to the next agenda item in order to allow for a fiscal note on the 1st Substitute. H.B. 49 Sales Tax on Motor Vehicles (Thurston, N.) Rep. Norm Thurston presented HB 49 Sen. Henderson moved to amend H.B. 49 with Amendment #1. Wayne Jones, Executive Director of the Independent Auto Dealers Association, spoke in favor of amended bill. Sen. Hemmert moved to pass H.B. 49 out favorably. H.B. 48 Acquisition Cost Definition (Spendlove, R.) Sen. Henderson assumed the chair. Sen. Fillmore presented HB 48. Chair Fillmore moved to pass H.B. 48 out favorably. Chair Fillmore assumed the chair. H.B. 51 Property Assessment Procedure Amendments (Eliason, S.) Rep. Steve Eliason presented HB 51. Sen. Davis moved to pass H.B. 51 out favorably. Sen. Davis moved to adjourn. Chair Fillmore adjourned the meeting at 2:58:47 PM. S.B. 53 Calculation of Income Tax AmendmentsS.B. 53 Calculation of Income Tax Amendments S.B. 77 Electric Energy Related Tax CreditS.B. 77 Electric Energy Related Tax Credit H.B. 48 Acquisition Cost DefinitionH.B. 48 Acquisition Cost Definition H.B. 49 Sales Tax on Motor VehiclesH.B. 49 Sales Tax on Motor Vehicles H.B. 51 Property Assessment Procedure AmendmentsH.B. 51 Property Assessment Procedure Amendments AgendaAgenda MINUTESMINUTES Academic Perspectives on SALTAcademic Perspectives on SALT Forecast of Utility-Scale Battery Storage Systems GrowthForecast of Utility-Scale Battery Storage Systems Growth Handout- Ending Offshore Tax Haven AbuseHandout- Ending Offshore Tax Haven Abuse SB0053SB0053 SB0077SB0077 HB0048HB0048 HB0049HB0049 HB0051HB0051 Recording 1 - Low Quality Start with offset Position: (Seconds) Get Current Position End with offset Position: (Seconds) Get Current Position Clip URL: Copy Resize Audio/Video Player Having trouble listening? Try our troubleshooting page.