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     MINUTES OF THE SENATE BUSINESS, LABOR, AND ECONOMIC DEVELOPMENT
STANDING COMMITTEE
WEDNESDAY, JANUARY 23, 2001
ROOM 403, STATE CAPITOL BUILDING


Members Present:        Sen. Dan R. Eastman, Chair
                Sen. Curtis Bramble
                Sen. Gene Davis
                Sen. Parley G. Hellewell
                
Members Excused:        Sen. Ed Mayne                                 

Members Absent:        Sen. Steven Poulton    
            
Staff Present:            Mary Catherine Perry, Research Analyst
                Jeanne Wride, Secretary

Public Speakers Present:     Sen. Lyle Hillyard
                Sen. Bill Hickman
                George Sutton
                Brent Gardner, UAC
                Merwin Stewart, Insurance Commissioner
                Neal Gooch, Deputy Insurance Commissioner
                Lee Ellertson, Labor Commissioner
                Kelly Atkinson, Utah Health Ins. Assn.     


Visitors list on file.

Chair Eastman called the meeting to order at 9:20 a.m.

1.     S.B. 43, Uniform Trust Act (L. Hillyard)

    
Sen. Hillyard presented the bill to the committee.

    George Sutton spoke to the bill.

    MOTION: Sen. Davis moved to place S.B. 43 on the Master Study Resolution for interim study.

    The motion passed unanimously.

2.     S.B. 48, Public Agency Insurance Mutual Amendments (J. Hickman)


    
Sen. Hickman presented the bill to the committee.

    MOTION: Sen. Davis moved to adopt 1st Sub. S.B. 48.

    The motion passed unanimously.

    Brent Gardner, Utah Association of Counties; Merwin Stewart, Insurance Commissioner;
    Neal Gooch, Deputy Insurance Commissioner; Lee Ellertson, Labor Commission; Kelly Atkinson, Executive Director Utah Health Insurance Association; all spoke to the bill.

    MOTION: Sen. Davis moved to pass 1st Sub. S. B. 48 out of committee with a favorable recommendation.

    The motion passed unanimously.

    MOTION: Sen. Bramble moved to adjourn the meeting.
                     
    The motion passed unanimously.

    The meeting adjourned at 10:00 a.m.
        
Minutes recorded by Jeanne Wride, Secretary



         _____________________________________
             Sen. Dan R. Eastman, Committee Chair