| Members Present: Sen. Lincoln Fillmore, Chair Rep. Robert M. Spendlove, Chair Sen. Daniel Hemmert Sen. Deidre M. Henderson Rep. Stewart E. Barlow Rep. Joel K. Briscoe Rep. Brad M. Daw Rep. Steve Eliason Rep. Jefferson Moss Rep. Val L. Peterson Rep. Tim Quinn Rep. Douglas V. Sagers Rep. Rex P. Shipp | Rep. Andrew Stoddard Rep. Norman K. Thurston Members Absent: Sen. Curtis S. Bramble Sen. Gene Davis Rep. Francis D. Gibson Rep. Bradley G. Last Staff Present: Mr. Ryan M. Hunter, Policy Analyst Mr. Alex R. Janak, Policy Analyst Ms. Andrea Valenti Arthur, Associate General Counsel Ms. Christine R. Gilbert, Associate General Counsel Mr. Jesse Dowdle, Administrative Assistant |
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Note: A copy of related materials and an audio recording of the
meeting can be found at www.le.utah.gov.
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| Chair Spendlove called the meeting to order. |
| 1. Committee Business |
| 2. Use and Taxation of Water in Utah |
| Christopher Collard, Research Analyst, Utah Foundation, presented a report on water and property taxes and answered questions from the committee. |
| 2 - Utah Foundation - Water and Property Taxes |
| Richard Bay, General Manager, Jordan Valley Water Conservancy District, spoke to the issue. |
| 3. Draft Legislation, "Income Tax Revenue Amendments" |
| Rep. Norman K Thurston explained the draft legislation and responded to questions from the committee. |
| 5 - Income Tax Revenue Amendments |
| John L. Valentine, Chair, Utah State Tax Commission, introduced Rebecca Rockwell, Commissioner, Utah State Tax Commission, and spoke to the draft legislation. |
| Rebecca Rockwell spoke to the draft legislation. |
| John L. Valentine responded to questions from the committee. |
| MOTION: Rep. Daw moved to move on to the next item on the agenda The motion passed with a vote of 12-0-7. | |||
| Yeas - 12 | Nays-0 | Abs-7 | |
| Rep. S. Barlow Rep. J. Briscoe Rep. B. Daw Sen. L. Fillmore Sen. D. Hemmert Sen. D. Henderson Rep. T. Quinn Rep. D. Sagers Rep. R. Shipp Rep. R. Spendlove Rep. A. Stoddard Rep. N. Thurston | Sen. C. Bramble Sen. G. Davis Rep. S. Eliason Rep. F. Gibson Rep. B. Last Rep. J. Moss Rep. V. Peterson |
| 4. Draft Legislation, "Certified Tax Rate Calculation Amendments" |
| Rep. Steve Eliason explained the draft legislation. |
| MOTION: Sen. Fillmore moved to approve the minutes of the August 21, 2019, meeting. The motion passed with a vote of 12-0-7. | |||
| Yeas - 12 | Nays-0 | Abs-7 | |
| Rep. S. Barlow Rep. J. Briscoe Rep. B. Daw Rep. S. Eliason Sen. L. Fillmore Sen. D. Henderson Rep. T. Quinn Rep. D. Sagers Rep. R. Shipp Rep. R. Spendlove Rep. A. Stoddard Rep. N. Thurston | Sen. C. Bramble Sen. G. Davis Rep. F. Gibson Sen. D. Hemmert Rep. B. Last Rep. J. Moss Rep. V. Peterson |
| Rebecca Rockwell spoke to the draft legislation. |
| 3 - Certified Tax Rate Calculation Amendments |
| MOTION: Rep. Daw moved to recommend file 2020FL0613 version 3, "Certified Tax Rate Calculation Amendments". The motion passed with a vote of 13-0-6. | |||
| Yeas - 13 | Nays-0 | Abs-6 | |
| Rep. S. Barlow Rep. J. Briscoe Rep. B. Daw Rep. S. Eliason Sen. L. Fillmore Sen. D. Henderson Rep. V. Peterson Rep. T. Quinn Rep. D. Sagers Rep. R. Shipp Rep. R. Spendlove Rep. A. Stoddard Rep. N. Thurston | Sen. C. Bramble Sen. G. Davis Rep. F. Gibson Sen. D. Hemmert Rep. B. Last Rep. J. Moss |
| 5. Draft Legislation, "Property Assessment Procedure Amendments" |
| Rep. Steve Eliason explained the draft legislation. |
| 4 - Property Assessment Procedure Amendments |
| Rebecca Rockwell spoke to the draft legislation. |
| MOTION: Rep. Peterson moved to recommend file 2020FL0135 version 4, "Income Tax Revenue Amendments". The motion passed with a vote of 14-0-5. | |||
| Yeas - 14 | Nays-0 | Abs-5 | |
| Rep. S. Barlow Rep. J. Briscoe Rep. B. Daw Rep. S. Eliason Sen. L. Fillmore Sen. D. Henderson Rep. J. Moss Rep. V. Peterson Rep. T. Quinn Rep. D. Sagers Rep. R. Shipp Rep. R. Spendlove Rep. A. Stoddard Rep. N. Thurston | Sen. C. Bramble Sen. G. Davis Rep. F. Gibson Sen. D. Hemmert Rep. B. Last |
| 6. Draft Legislation, "Tax Exemption for Construction or Unoccupied Property" |
| Christine R. Gilbert, Associate General Counsel, Office of Legislative Research and General Counsel, presented an overview of the draft legislation and responded to questions from the committee. |
| Rebecca Rockwell spoke to the draft legislation. |
| 6 - Tax Exemption for Construction or Unoccupied Property |
| MOTION: Sen. Fillmore moved to recommend file 2020FL0349 version 5, "Tax Exemption for Construction or Unoccupied Property". The motion passed with a vote of 14-0-5. | |||
| Yeas - 14 | Nays-0 | Abs-5 | |
| Rep. S. Barlow Rep. J. Briscoe Rep. B. Daw Rep. S. Eliason Sen. L. Fillmore Sen. D. Henderson Rep. J. Moss Rep. V. Peterson Rep. T. Quinn Rep. D. Sagers Rep. R. Shipp Rep. R. Spendlove Rep. A. Stoddard Rep. N. Thurston | Sen. C. Bramble Sen. G. Davis Rep. F. Gibson Sen. D. Hemmert Rep. B. Last |
| MOTION: Rep. Peterson moved to reconsider committee action on agenda item 5. The motion passed with a vote of 14-0-5. | |||
| Yeas - 14 | Nays-0 | Abs-5 | |
| Rep. S. Barlow Rep. J. Briscoe Rep. B. Daw Rep. S. Eliason Sen. L. Fillmore Sen. D. Henderson Rep. J. Moss Rep. V. Peterson Rep. T. Quinn Rep. D. Sagers Rep. R. Shipp Rep. R. Spendlove Rep. A. Stoddard Rep. N. Thurston | Sen. C. Bramble Sen. G. Davis Rep. F. Gibson Sen. D. Hemmert Rep. B. Last |
| MOTION: Rep. Peterson moved to recommend file 2020FL0612 version 2, "Property Assessment Procedure Amendments". The motion passed with a vote of 14-0-5. | |||
| Yeas - 14 | Nays-0 | Abs-5 | |
| Rep. S. Barlow Rep. J. Briscoe Rep. B. Daw Rep. S. Eliason Sen. L. Fillmore Sen. D. Henderson Rep. J. Moss Rep. V. Peterson Rep. T. Quinn Rep. D. Sagers Rep. R. Shipp Rep. R. Spendlove Rep. A. Stoddard Rep. N. Thurston | Sen. C. Bramble Sen. G. Davis Rep. F. Gibson Sen. D. Hemmert Rep. B. Last |
| 7. Utah State Tax Commission Authority to Reallocate Income Between Two Related Companies |
| Andrea Valenti Arthur, Associate General Counsel, Office of Legislative Research and General Counsel, spoke to the issue. |
| 7 - Sees Candy Presentation |
| 7 - Reallocation of Income |
| John L. Valentine spoke to the issue and responded to questions from the committee. |
| Frank Hales, Deputy Director, Auditing Division, Utah State Tax Commission, spoke to the issue and answered questions from the committee. |
| Rusty Cannon, Vice President, Utah Taxpayers Association, spoke to the issue. |
| 8. Required Annual Review of Certain Income Tax Credits |
| Alex R. Janak, Policy Analyst, Office of Legislative Research and General Counsel, presented a report on income tax credits in code and answered questions from the committee. |
| 8 - Staff Tax Credit Review |
| Mat Carlile presented on the Utah Alternative Fuel Heavy Vehicle Tax Credit and answered questions from the committee. |
| 8 - Utah Alternative Fuel Heavy Duty Vehicle Tax Credit |
| Richard Ellis presented on the my529 Tax Credit and answered questions from the committee. |
| 8 - my529 Tax Credit |
| Ben Hart, Deputy Director, Governor's Office of Economic Development, introduced Jill Flygare, Managing Director of Internal Operations, Governor's Office of Economic Development. |
| Jill Flygare reported on the recycling zone tax credit. |
| 8 - Recycling Zones |
| 9. Other Items/Adjourn |
| MOTION: Rep. Barlow moved to adjourn. The motion passed with a vote of 8-0-11. | |||
| Yeas - 8 | Nays-0 | Abs-11 | |
| Rep. S. Barlow Rep. B. Daw Rep. S. Eliason Sen. L. Fillmore Rep. D. Sagers Rep. R. Shipp Rep. R. Spendlove Rep. N. Thurston | Sen. C. Bramble Rep. J. Briscoe Sen. G. Davis Rep. F. Gibson Sen. D. Hemmert Sen. D. Henderson Rep. B. Last Rep. J. Moss Rep. V. Peterson Rep. T. Quinn Rep. A. Stoddard |
| Chair Spendlove adjourned the meeting. |