MINUTES OF THE
SENATE REVENUE AND TAXATION STANDING COMMITTEE
Monday, January 29, 2024 • 2:00 p.m. • 210 Senate Building


Members Present:
Sen. Daniel McCay, Chair
Sen. Curtis S. Bramble
Sen. Kirk A. Cullimore
Sen. Luz Escamilla
Sen. Lincoln Fillmore
Sen. Wayne A. Harper
Sen. Chris H. Wilson

Members Absent:
Sen. Don L. Ipson

Staff Present:
Chris Stitt, Policy Analyst
Jackson Lewis, Committee Secretary

Note: A copy of related materials and an audio recording of the meeting can be found at www.le.utah.gov.

Chair McCay called the meeting to order.
MOTION:Sen. Cullimore moved to approve the January 24, 2024 minutesThe motion passed with a vote of 6-0-2.
Yeas - 6Nays- 0Abs- 2
Sen. C. Bramble
Sen. K. Cullimore
Sen. L. Fillmore
Sen. W. Harper
Sen. D. McCay
Sen. C. Wilson
Sen. L. Escamilla
Sen. D. Ipson
1.S.B. 148 Aircraft Property Tax Amendments (Harper, W.)
Senator Harper presented the bill with the assistance of David Haymond, President, Utah General Aviation Association.
MOTION:Sen. Harper moved to amend S.B. 148 with Amendment #1.The motion passed with a vote of 5-0-3.
Amendment 1
S.B. 148
1 .        Page 1, Lines 14 through 15 :  Page 1, Lines 14 through 15
14                 ▸         requires the Department of Transportation to register any aircraft operating in the
15         state for a certain period each year , with certain exceptions ;

2 .        Page 5, Lines 145 through 150 :  Page 5, Lines 145 through 150
145                 (b) The restriction described in Subsection (1)(a) does not apply to :
        (i) aircraft licensed by
146         a foreign country with which the United States has a reciprocal agreement covering the
147         operations of the registered aircraft { or to } ;
        (ii) a non-passenger-carrying flight solely for inspection
148         or test purposes authorized by the Federal Aviation Administration to be made without the
149         certificate of registration { . } ; or
        (iii) aircraft operating under 14 CFR 121 with a maximum takeoff weight exceeding 60,000 pounds.
150                 (2) On or before December 31 of each calendar year, the department shall provide a list

Yeas - 5Nays- 0Abs- 3
Sen. C. Bramble
Sen. K. Cullimore
Sen. L. Fillmore
Sen. W. Harper
Sen. D. McCay
Sen. L. Escamilla
Sen. D. Ipson
Sen. C. Wilson
MOTION:Sen. Harper moved to pass S.B. 148 out favorably.The motion passed with a vote of 7-0-1.
Yeas - 7Nays- 0Abs- 1
Sen. C. Bramble
Sen. K. Cullimore
Sen. L. Escamilla
Sen. L. Fillmore
Sen. W. Harper
Sen. D. McCay
Sen. C. Wilson
Sen. D. Ipson
Sen. Fillmore assumed the chair.
2.S.B. 30 Property Transaction Amendments (McCay, D.)
Senator McCay presented the bill with the assistance of Lincoln Schurtz, Utah Association of Counties.
MOTION:Chair McCay moved to replace S.B. 30 with 1st Substitute S.B. 30.The motion passed with a vote of 7-0-1.
Yeas - 7Nays- 0Abs- 1
Sen. C. Bramble
Sen. K. Cullimore
Sen. L. Escamilla
Sen. L. Fillmore
Sen. W. Harper
Sen. D. McCay
Sen. C. Wilson
Sen. D. Ipson
Nate Worthen, President, Utah CCIM chapter, spoke to the bill.
Troup Howard, Professor, University of Utah, spoke in favor of the bill.
Jared Booth, Utah Association of Realtors Legislative Committee, spoke to the bill.
MOTION:Sen. Bramble moved to pass 1st Substitute S.B. 30 out favorably.The motion passed with a vote of 6-1-1.
Yeas - 6Nays- 1Abs- 1
Sen. C. Bramble
Sen. K. Cullimore
Sen. L. Escamilla
Sen. L. Fillmore
Sen. D. McCay
Sen. C. Wilson
Sen. W. Harper
Sen. D. Ipson
3.S.J.R. 2 Proposal to Amend Utah Constitution - Prohibition on Real Estate Transfer Tax (McCay, D.)
Senator McCay presented the resolution.
Cate Klundt, Utah Association of Realtors, spoke in favor of the resolution.
Augusta Scott, Utah Association of Realtors, spoke in favor of the resolution.
MOTION:Chair McCay moved to pass S.J.R. 2 out favorably.The motion passed with a vote of 7-0-1.
Yeas - 7Nays- 0Abs- 1
Sen. C. Bramble
Sen. K. Cullimore
Sen. L. Escamilla
Sen. L. Fillmore
Sen. W. Harper
Sen. D. McCay
Sen. C. Wilson
Sen. D. Ipson
Sen. McCay assumed the chair.
4.H.B. 47 Utah Seismic Safety Commission Amendments (Peterson, T.)
Representative Thomas Peterson presented the bill.
Robert Grow, Chair, Utah Seismic Safety Commission, spoke in favor of the bill.
MOTION:Sen. Fillmore moved to hold H.B. 47.
SUBSTITUTE MOTION:Senator Wilson moved to pass H.B. 47 out favorably.The substitute motion passed with a vote of 3-2-3.
Yeas - 3Nays- 2Abs- 3
Sen. L. Escamilla
Sen. W. Harper
Sen. C. Wilson
Sen. L. Fillmore
Sen. D. McCay
Sen. C. Bramble
Sen. K. Cullimore
Sen. D. Ipson
5.H.B. 12 Tax Incentive Revisions (Dunnigan, J.)
Representative James Dunnigan presented the bill.
MOTION:Sen. Fillmore moved to amend H.B. 12 with Amendment #1.The motion passed with a vote of 5-0-3.
Amendment 1
H.B. 12
1 .        Page 17, Lines 500 through 502 :  Page 17, Lines 500 through 502
500                 (c) If, for two consecutive years, the office does not receive information an agency is
501         required to submit under Subsection (4):
502                 (i) the office shall , no later than July 31 of the second consecutive year, notify the auditor and treasurer of the county in which the

2 .        Page 17, Lines 504 through 506 :  Page 17, Lines 504 through 506
504                 (ii) upon receiving the notice described in Subsection (9)(c)(i), the county treasurer
505         shall withhold from the agency 20% of the amount of tax increment the agency is otherwise entitled to receive
506         { under an interlocal agreement with a taxing entity for the sharing of tax increment, } until the

3 .        Page 17, Line 508 :  Page 17, Line 508
508         requirement of Subsection { (5) } (4).

Yeas - 5Nays- 0Abs- 3
Sen. L. Escamilla
Sen. L. Fillmore
Sen. W. Harper
Sen. D. McCay
Sen. C. Wilson
Sen. C. Bramble
Sen. K. Cullimore
Sen. D. Ipson
David Spatafore, Utah RDA Association, spoke in favor of the bill.
MOTION:Sen. Fillmore moved to pass H.B. 12 out favorably.The motion passed with a vote of 5-0-3.
Yeas - 5Nays- 0Abs- 3
Sen. L. Escamilla
Sen. L. Fillmore
Sen. W. Harper
Sen. D. McCay
Sen. C. Wilson
Sen. C. Bramble
Sen. K. Cullimore
Sen. D. Ipson
MOTION:Sen. Harper moved to adjourn.The motion passed with a vote of 5-0-3.
Yeas - 5Nays- 0Abs- 3
Sen. L. Escamilla
Sen. L. Fillmore
Sen. W. Harper
Sen. D. McCay
Sen. C. Wilson
Sen. C. Bramble
Sen. K. Cullimore
Sen. D. Ipson
Chair McCay adjourned the meeting.
NOTE: S.B. 0142 was not discussed in the meeting.