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MINUTES OF THE

HOUSE REVENUE AND TAXATION

STANDING COMMITTEE

Room 129 - State Capitol Building


February 5, 2002


MEMBERS PRESENT:     Rep. Wayne A. Harper, Chair
                Rep. Gordon E. Snow, Vice Chair
                Rep. Eli H. Anderson     
                Rep. Judy Ann Buffmire         
                 Rep. Scott Daniels
                Rep. Marda Dillree
                 Rep. Kory M. Holdaway
                Rep. Steven Mascaro
                Rep. Ty McCartney
                 Rep. Carol Spackman Moss
                Rep. Jack E. Seitz
                Rep. Michael R. Styler
                 Rep. John E. Swallow
             
MEMBERS ABSENT:     Rep. Kevin S. Garn             

STAFF:            Bryant Howe, Research Analyst
                Sharron Corelli, Secretary

                                    
VISITORS:            List filed with committee minutes.
                        
Chair, Rep. Harper called the meeting to order at 3:50 p.m.

MOTION:    Rep. Seitz moved to approve the minutes of January 31, 2002. The motion passed unanimously with Rep. Dillree, Rep. Holdaway, Rep. McCartney and Rep. Swallow absent for the vote.
        
H.B. 285    Historic Building Rehabilitation Tax Credits (C. Bennion)

        Rep. Bennion introduced and explained the bill to the committee.

        Rep. Daniels declared a conflict of interest.

        The following people spoke in favor of the bill:
        Mr. Kirk Huffaker, Utah Heritage Foundation
        Mr. Jason Murphy, Payson Mainstreet Organization

MOTION:    Rep. Buffmire moved to pass the bill out favorably. The motion passed with Rep. Styler and Rep. Snow voting in opposition and Rep. Dillree, Rep. Holdaway, Rep.

McCartney and Rep. Swallow absent for the vote.            
Rep. Harper relinquished the chair to Rep. Snow.

H.B. 296    2002 Special Highway General Obligation Bonds (W. Harper)

        Rep. Harper introduced the bill and explained it to the committee.

MOTION:    Rep. Swallow moved to adopt the following amendment:
        
1.    Page 1, line 11:    After " bonds." insert " This act exempts bonds issued from statutory debt limitation requirements."

2.    Page 3, line 86:    After "6200 South;" delete "and" and after line 86 insert:
        (G) 11400 South: I-15 to Redwood Road; and

3.    Page 3, line 87:    Delete "(G)" insert "(H)"

4.    Page 4, lines 100-101:    Delete lines 100-101

        The motion passed unanimously with Rep. Holdaway absent for the vote.

        The following people spoke to the bill:
        Mr. Carl Bracerus, UDOT
        Mr. Lynn Vellinga, State Division of Finance


        MOTION:    Rep. Swallow moved to pass the bill out favorably. The motion passed unanimously                                     
        with Rep. Holdaway absent for the vote.

Rep. Moss asked to be excused by the chair for the remainder of the meeting.

Rep. Snow relinquished the chair to Rep. Harper.

S.B. 59    Sales and Use Tax - Taxation of Amounts Paid to a Telephone Service Provider or Telegraph Corporation (C. Bramble)

        Rep. Bramble introduced the bill and explained it to the committee.

        Mr. Bruce Johnson, Utah State Tax Commission, spoke to the bill.

MOTION:    Rep. Styler moved to pass out the bill favorably. The motion passed unanimously with Rep. Holdaway absent for the vote.




2nd Sub. S.J.R. 6    Joint Resolution Urging a Study of Certain Exemptions (M. Waddoups)

        Sen. Waddoups introduced the bill and explained it to the committee.

MOTION:    Rep. Swallow moved to pass the bill out favorably. The motion passed unanimously.
                                            
S.B. 118    Distribution of Olympic Special Revenue Fund Monies (M. Waddoups)

        Sen. Waddoups introduced the bill and explained it to the committee.
        
        Rep. Buffmire declared a conflict of interest.

        The following people spoke in opposition of the bill:
        Mr. Alan Dayton, Salt Lake County Deputy Mayor
        Mr. Russell Skousen, Salt Lake County Council
        Mr. Mark Wallace, Utah Association of Counties
                
MOTION:    Rep. Buffmire moved to adopt 1st Substitute SB118. The motion passed unanimously.

MOTION:    Rep. Holdaway moved to pass the bill out favorably.

SUBSTITUTE
MOTION:    Rep. Daniels moved to proceed to the next item on the agenda.. The motion passed with Rep. Harper, Rep. Holdaway, Rep. Seitz, Rep. Styler and Rep. Dillree voting in opposition.

S.B. 57    Corporate Franchise and Income Taxes - Treatment of Certain Cooperatives (J. Valentine)
        
        Sen. Valentine introduced the bill and explained it to the committee.

        The following people spoke to the bill:
        Mr. Bruce Johnson, Utah State Tax Commission
        Mr. Travis Wood, League of Credit Unions

        Rep. Anderson declared a conflict of interest.

MOTION:    Rep. Swallow moved to pass the bill out favorably. The motion passed unanimously.
        






MOTION:    Rep. Dillree moved to adjourn the meeting.

Chair Harper adjourned the meeting at 5:15 p.m.
                                                                  



                            _______________________
                            Rep. Wayne A. Harper, Chair