MINUTES OF THE
HOUSE REVENUE AND TAXATION STANDING COMMITTEE
Tuesday, February 22, 2022 • 8:00 a.m. • 120 Senate Building


Members Present:
Rep. Casey Snider, Chair
Rep. Nelson T. Abbott
Rep. Stewart E. Barlow
Rep. Joel K. Briscoe
Rep. Steve Eliason
Rep. Karianne Lisonbee
Rep. Douglas V. Sagers
Rep. Travis M. Seegmiller
Rep. Robert M. Spendlove
Rep. Andrew Stoddard
Rep. Mark A. Strong

Members Absent:
Rep. Adam Robertson, Vice Chair
Rep. Suzanne Harrison

Staff Present:
Kristina King, Policy Analyst
Makelle Wininger, Committee Secretary

Note: A copy of related materials and an audio recording of the meeting can be found at www.le.utah.gov.
Chair Snider called the meeting to order at 8:42:53 AM.
MOTION:Rep. Spendlove moved to approve the minutes for February 15, 2022.The motion passed with a vote of 7-0-6.
Yeas - 7Nays- 0Abs- 6
Rep. N. Abbott
Rep. S. Eliason
Rep. D. Sagers
Rep. T. Seegmiller
Rep. C. Snider
Rep. R. Spendlove
Rep. A. Stoddard
Rep. S. Barlow
Rep. J. Briscoe
Rep. S. Harrison
Rep. K. Lisonbee
Rep. A. Robertson
Rep. M. Strong
1.S.B. 106 Electrical Facility Sales Tax Exemption (Ipson, D.)
Sen. Don Ipson presented the bill.
Jeff Peterson, Executive Director, Utah Rural Electric Cooperative Association, spoke in favor of the bill.
MOTION:Rep. Spendlove moved to pass S.B. 106 out favorably.The motion passed with a vote of 8-0-5.
Yeas - 8Nays- 0Abs- 5
Rep. N. Abbott
Rep. S. Barlow
Rep. S. Eliason
Rep. D. Sagers
Rep. T. Seegmiller
Rep. C. Snider
Rep. R. Spendlove
Rep. A. Stoddard
Rep. J. Briscoe
Rep. S. Harrison
Rep. K. Lisonbee
Rep. A. Robertson
Rep. M. Strong
2.H.B. 348 Educator Retirement Amendments (Winder, M.)
Rep. Mike Winder presented the bill with assistance of Dr. Malia Hite, Educator Licensing Coordinator, Utah State Board of Education, and Dee Larsen, General Counsel, Utah Retirement Systems. They responded to questions from the committee.
Rusty Cannon, President, Utah Taxpayers Association, commented on the bill.
Jay Blain, Director of Policy and Research, Utah Education Association, spoke in favor of the bill.
Dee Larsen, General Counsel, Utah Retirement Systems, commented on the bill.
MOTION:Rep. Eliason moved to replace H.B. 348 with 1st Substitute H.B. 348.The motion passed with a vote of 6-0-7.
Yeas - 6Nays- 0Abs- 7
Rep. N. Abbott
Rep. S. Barlow
Rep. S. Eliason
Rep. D. Sagers
Rep. T. Seegmiller
Rep. C. Snider
Rep. J. Briscoe
Rep. S. Harrison
Rep. K. Lisonbee
Rep. A. Robertson
Rep. R. Spendlove
Rep. A. Stoddard
Rep. M. Strong
MOTION:Rep. Eliason moved to pass 1st Substitute H.B. 348 out favorably.The motion passed with a vote of 5-1-7.
Yeas - 5Nays- 1Abs- 7
Rep. N. Abbott
Rep. S. Barlow
Rep. S. Eliason
Rep. D. Sagers
Rep. C. Snider
Rep. T. Seegmiller
Rep. J. Briscoe
Rep. S. Harrison
Rep. K. Lisonbee
Rep. A. Robertson
Rep. R. Spendlove
Rep. A. Stoddard
Rep. M. Strong
MOTION:Rep. Eliason moved to place 1st Substitute H.B. 348 on the Consent Calendar.
Rep. Eliason withdrew the motion.
3.2nd Sub. S.B. 140 Housing and Transit Reinvestment Zone Amendments (Harper, W.)
Sen. Wayne Harper presented the bill.
Andrew Gruber, Executive Director, Wasatch Front Regional Council, spoke in favor of the bill.
Karson Eilers, Analyst, Utah League of Cities and Towns, spoke in favor of the bill.
Beth Holbrook, Trustee, Utah Transit Authority, spoke in favor of the bill.
George Chapman, member of the public, spoke against the bill.
MOTION:Rep. Sagers moved to amend 2nd Substitute S.B. 140 with Amendment #4.The motion passed with a vote of 6-0-7.
Amendment 4
2nd Sub. S.B. 140
1 .        Page 3, Lines 79 through 83 :  Page 3, Lines 79 through 83
79                 (iii) for an authority created under Section 63H-1-201, the same as that term is defined
80         in Section 63H-1-102; { or }
81                 (iv) for a host local government, the same as that term is defined in Section 63N-2-502 { . } ; or
        (v) for a housing and transit reinvestment zone created under Title 63N, Chapter 3, Part 6, Housing and Transit Reinvestment Zone Act, a property's taxable value as shown upon the assessment roll last equalized during the base year, as that term is defined in Section 63N-3-602.
82                 (e) "Centrally assessed benchmark value" means an amount equal to the highest year
83         end taxable value of real and personal property the commission assesses in accordance with

2 .        Page 5, Lines 136 through 141 :  Page 5, Lines 136 through 141
136                 (A) the difference between the taxable value and the base taxable value of the property
137         that is located within a housing and transit reinvestment zone and on which { property tax
138         differential } tax increment is collected; and
139                 (B) the number that represents the percentage of the { property tax differential } tax increment that is
140         paid to the housing and transit reinvestment zone; or
141                 [(iv)] (v) for a host local government, an amount calculated by multiplying:

3 .        Page 6, Lines 172 through 177 :  Page 6, Lines 172 through 177
172                 (ii) for an agency created under Section 17C-1-201.5, an amount equal to the
173         incremental value that is no longer provided to an agency as tax increment; { or }
174                 (iii) for an authority created under Section 63H-1-201, an amount equal to the
175         incremental value that is no longer provided to an authority as property tax allocation { . } ; or
        (iv) for a housing and transit reinvestment zone created under Title 63N, Chapter 3, Part 6, Housing and Transit Reinvestment Zone Act, an amount equal to the incremental value that is no longer provided to a housing and transit reinvestment zone as tax increment.
176                 (r) "Project area incremental revenue" means the same as that term is defined in
177         Section 17C-1-1001.

4 .        Page 7, Lines 188 through 192 :  Page 7, Lines 188 through 192
188                 (iv) on the aggregate 2021 year end taxable value of the tangible personal property that
189         exceeds $15,300.
190                 (v) "Tax increment" means :
        (A) for a project created under Section 17C-1-201.5, the same as that term is defined in Section 17C-1-102 { . } ; or
        (B) for a housing and transit reinvestment zone created under Title 63N, Chapter 3, Part 6, Housing and Transit Reinvestment Zone Act, the same as that term is defined in Section 63N-3-602.
191                 (2) Before June 1 of each year, the county assessor of each county shall deliver to the
192         county auditor and the commission the following statements:

5 .        Page 31, Line 949 through Page 32, Line 956 :  Page 31, Line 949 through Page 32, Line 956
949                 [(5) If] (5) (a) For a housing and transit reinvestment zone for a commuter rail station,
950         if a parcel is bisected by the { 1/3 mile radius } relevant radius limitation , the full parcel may be included as part of the
951         housing and transit reinvestment zone area and will not count against the limitations described
952         in Subsection (4)(a)(i).
953                 (b) For a housing and transit reinvestment zone for a light rail or bus rapid transit
954         station, if a parcel is bisected by the { 1/3 mile radius } relevant radius limitation , the full parcel may be included as part of
955         the housing and transit reinvestment zone area and will not count against the limitations         956         described in Subsection (4)(b)(i).

Yeas - 6Nays- 0Abs- 7
Rep. N. Abbott
Rep. S. Barlow
Rep. K. Lisonbee
Rep. D. Sagers
Rep. T. Seegmiller
Rep. C. Snider
Rep. J. Briscoe
Rep. S. Eliason
Rep. S. Harrison
Rep. A. Robertson
Rep. R. Spendlove
Rep. A. Stoddard
Rep. M. Strong
MOTION:Rep. Sagers moved to pass 2nd Substitute S.B. 140 out favorably.The motion passed with a vote of 6-0-7.
Yeas - 6Nays- 0Abs- 7
Rep. N. Abbott
Rep. S. Barlow
Rep. K. Lisonbee
Rep. D. Sagers
Rep. T. Seegmiller
Rep. C. Snider
Rep. J. Briscoe
Rep. S. Eliason
Rep. S. Harrison
Rep. A. Robertson
Rep. R. Spendlove
Rep. A. Stoddard
Rep. M. Strong
MOTION:Rep. Sagers moved to adjourn.The motion passed with a vote of 6-0-7.
Yeas - 6Nays- 0Abs- 7
Rep. N. Abbott
Rep. S. Barlow
Rep. K. Lisonbee
Rep. D. Sagers
Rep. T. Seegmiller
Rep. C. Snider
Rep. J. Briscoe
Rep. S. Eliason
Rep. S. Harrison
Rep. A. Robertson
Rep. R. Spendlove
Rep. A. Stoddard
Rep. M. Strong
Chair Snider adjourned the meeting at 9:14:04 AM.
NOTE: H.B. 0164 was not discussed in the meeting.