| Members Present: Rep. Steve Eliason, Chair Rep. Bridger Bolinder, Vice Chair Rep. Stewart E. Barlow Rep. Joel K. Briscoe Rep. Kay J. Christofferson Rep. Jason B. Kyle Rep. Phil Lyman Rep. Doug Owens Rep. Robert M. Spendlove | Rep. Mark A. Strong Members Absent: Rep. Jefferson Moss Rep. Casey Snider Rep. Keven J. Stratton Staff Present: Chris Stitt, Policy Analyst Reese Boardman, Committee Secretary |
||
|
Note: A copy of related materials and an audio recording of the meeting can be found at www.le.utah.gov.
|
| Chair Bolinder called the meeting to order at 8:05 a.m. of February 23, 2024. |
| MOTION:Rep. Barlow moved to approve the February 21, 2024 minutes.The motion passed with a vote of 6-0-7. | |||
| Yeas - 6 | Nays- 0 | Abs- 7 | |
| Rep. S. Barlow Rep. B. Bolinder Rep. J. Kyle Rep. P. Lyman Rep. R. Spendlove Rep. M. Strong | Rep. J. Briscoe Rep. K. Christofferson Rep. S. Eliason Rep. J. Moss Rep. D. Owens Rep. C. Snider Rep. K. Stratton |
| 1.H.B. 572 State Treasurer Investment Amendments (Spendlove, R.) |
| 1 HB 572 Meeting Material |
| Rep. Spendlove presented the bill with assistance from Steve Waldrip, Governor's Advisor on Housing. |
| Steve Waldrip, Governor's Senior Advisor on Housing, spoke to the bill. |
| Chris Kyler, Utah Association of Realtors, spoke in favor of the bill. |
| Tracy Stratton, Vice President, Philo Development, spoke in favor of the bill. |
| Marlo Oaks, Treasurer, State of Utah, spoke in favor of the bill. |
| Brian Jack, CFO, First Community Bank Utah, spoke to the bill. |
| Liam Thrailkill, Policy Analyst, Utah League of Cities and Towns, spoke in favor of the bill. |
| Taz Biesinger, Utah Home Builders Association, spoke in favor of the bill. |
| Scott Simpson, CEO, Utah Credit Union Association, spoke in favor of the bill. |
| Shellie Barrus, Executive Director, Habitat for Humanity, spoke in favor of the bill. |
| Jed Nilson, Nilson Homes, spoke in favor of the bill. |
| George Daines, Chairman, Cache Valley Bank, spoke to the bill. |
| MOTION:Rep. Eliason moved to replace H.B. 572 with 1st Substitute H.B. 572.The motion passed with a vote of 8-0-5. | |||
| Yeas - 8 | Nays- 0 | Abs- 5 | |
| Rep. B. Bolinder Rep. J. Briscoe Rep. K. Christofferson Rep. S. Eliason Rep. J. Kyle Rep. P. Lyman Rep. D. Owens Rep. R. Spendlove | Rep. S. Barlow Rep. J. Moss Rep. C. Snider Rep. K. Stratton Rep. M. Strong |
| MOTION:Rep. Eliason moved to pass 1st Substitute H.B. 572 out favorably.The motion passed with a vote of 8-0-5. | |||
| Yeas - 8 | Nays- 0 | Abs- 5 | |
| Rep. B. Bolinder Rep. J. Briscoe Rep. K. Christofferson Rep. S. Eliason Rep. J. Kyle Rep. P. Lyman Rep. D. Owens Rep. R. Spendlove | Rep. S. Barlow Rep. J. Moss Rep. C. Snider Rep. K. Stratton Rep. M. Strong |
| 2.S.B. 69 Income Tax Amendments (Wilson, C.) |
| Sen. Wilson presented the bill with assistance from Rep. Christofferson. |
| Rep. Christofferson presented the bill. |
| Rusty Cannon, President, Utah Taxpayers Association, spoke in favor of the bill. |
| MOTION:Rep. Lyman moved to pass S.B. 69 out favorably.The motion passed with a vote of 5-2-6. | |||
| Yeas - 5 | Nays- 2 | Abs- 6 | |
| Rep. B. Bolinder Rep. K. Christofferson Rep. S. Eliason Rep. J. Kyle Rep. P. Lyman | Rep. J. Briscoe Rep. D. Owens | Rep. S. Barlow Rep. J. Moss Rep. C. Snider Rep. R. Spendlove Rep. K. Stratton Rep. M. Strong |
| MOTION:Rep. Owens moved to adjourn.The motion passed with a vote of 7-0-6. | |||
| Yeas - 7 | Nays- 0 | Abs- 6 | |
| Rep. B. Bolinder Rep. J. Briscoe Rep. K. Christofferson Rep. S. Eliason Rep. J. Kyle Rep. P. Lyman Rep. D. Owens | Rep. S. Barlow Rep. J. Moss Rep. C. Snider Rep. R. Spendlove Rep. K. Stratton Rep. M. Strong |
| Chair Eliason adjourned the meeting at 9:21 a.m. |