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SENATE REVENUE AND TAXATION STANDING COMMITTEE
TUESDAY, FEBRUARY 21, 2006, 4:00 P.M.
STATE CAPITOL COMPLEX
Members Present: Sen. Curtis Bramble, Chair Sen. Gregory Bell
Sen. Mike Dmitrich
Sen. Brent Goodfellow
Sen. Darin G. Peterson
Members Excused: Sen. Lyle Hillyard
Sen. Howrd Stephenson
Pres. John Valentine
Staff Present: Bryant Howe, Assistant Director
Karen Allred, Committee Secretary
Public Speakers Present: Bruce Johnson, Commissioner, Utah State Tax Commission
A list of visitors and a copy of handouts are filed with the committee minutes.
Sen. Dmitrich assumed the Committee Chair and called the meeting to order at 4:15 p.m.
Approval of Minutes
MOTION: Sen.Goodfellow moved to approve the minutes of February 20, 2006.
The motion passed unanimously with Sen. Bell for the vote.
1. S.B. 245 Redevelopment Agency Amendments (C. Bramble)
Committee Chair Bramble explained the bill and the following amendment was distributed:
1. Page 3, Lines 81 through 83 :
81 (i) consists of at least 1,000 acres;
{
and
}
82 (ii) is occupied by an inactive or abandoned factory, smelter, or other heavy industrial
83 facility
{
.
}
; and
(iii) requires remediation because of the presence of hazardous or solid waste as defined in Subsection 17B-4-604(1)(a)(iii)(I).
MOTION: Chair Bramble moved to adopt the amendment.
The motion passed unanimously with Sen. Bell absent for the vote.
MOTION: Chair Bramble moved to transmit the bill with a favorable recommendation as amended.
The motion passed unanimously.
2. S.B. 233 Sales and Use Tax Revisions (C. Bramble)
Chair Bramble explained the bill and the following amendments were distributed:
1. Page 1, Line 21 :
21 . addresses the effective date of certain tax rate
increases,
repeals
,
or tax
rate changes;
2. Page 36, Line 1103 :
1103 (b)
to
amend the Streamlined Sales and Use Tax Agreement.
3. Page 42, Lines 1277 through 1280 :
1277 (B)
{
Notwithstanding Subsection (3)(c)(iii)(A), if
}
If
a needed
population estimate is not
1278 available from the United States Census Bureau, population figures shall be derived from the
1279 estimate from the Utah Population Estimates Committee created by executive order of the
1280 governor.
4. Page 46, Line 1422 :
1422 (B) permitted by Congress;
and
5. Page 48, Line 1457 :
1457 (A) is no longer doing business in
{
the
}
this
state; and
6. Page 48, Lines 1464 through 1467 :
1464 (b) the tax rate
{
imposed by
}
:
(i) (A) for a seller that collects a tax in accordance with Subsection 59-12- 107(1)(b), described in Subsection 59-12-103(2)(b)(ii); or
(B) for a seller other than a seller described in Subsection (2)(b)(i)(A), described in
Subsection
59-12-103
(2)(a):
1465
{
(i)
}
(ii) imposed
on the motor vehicle's purchase price; and
1466
{
(ii)
}
(iii) imposed
on the date the motor vehicle was purchased by the
person that owns the motor
1467 vehicle at the time of the repossession.
7. Page 73, Lines 2250 through 2252 :
2250 (b) The commission shall proportionally reduce
{
quarterly
}
monthly
distributions to any county,
2251 city, or town that, but for the reduction, would receive a distribution in excess of 1% of the
2252 sales and use tax revenue collected within the boundaries of the county, city, or town.
8. Page 123, Lines 3794 through 3795 :
3794 (C)
on
any amounts paid or charged by a seller that collects a tax under
Subsection
3795 59-12-107 (1)(b).
MOTION: Chair Bramble moved to adopt the amendments.
The motion passed unanimously.
Bruce Johnson, Commissioner, Utah State Tax Commission, spoke to the bill.
MOTION: Chair Bramble moved to transmit the bill with a favorable recommendation as amended.
The motion passed unanimously.
3. 2nd Sub. H.J.R. 1 Resolution Regarding Property Tax on Personal Property
(J. Dougall)
Chair Bramble explained the bill.
MOTION: Chair Bramble moved to transmit the bill with a favorable recommendation.
The motion passed unanimously.
4. 2nd Sub. H.B. 338 Property Tax Exemption for Business Personal Property
(J. Dougal)
Chair Bramble explained the bill.
MOTION: Chair Bramble moved to transmit the bill with a favorable recommendation.
The motion passed unanimously.
MOTION: Chair Bramble moved to adjourn.
The motion passed unanimously at 4:30 p.m.