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SENATE REVENUE AND TAXATION STANDING COMMITTEE
WEDNESDAY, JANUARY 17, 2007, 8:00 A.M.
Members Present: Sen. Wayne L. Niederhauser, Chair Sen. Curtis S. Bramble
Sen. Mike Dmitrich
Sen. Brent Goodfellow
Sen. Jon J. Greiner
Sen. Howard A. Stephenson
Pres. John Valentine
Sen. Michael G. Waddoups
Staff Present: Bryant Howe, Assistant Director, Office of Legislative Research and General Counsel
Bonnie Brinton, Committee Secretary
Public Speakers Present: Keith Prescott, Chair, Tax Review Commission
Mike German, Vice President, Utah Taxpayer's Association
Lee Peacock, President, Utah Petroleum Association
Morris Jackson, Manager, Questar
Mark Buchi, Tax Review Commission
Rod Marrelli, Executive Director, Utah State Tax Commission
Jim Olsen, President, Utah Retail Merchants Association
A list of visitors and a copy of handouts are filed with the committee minutes.
Chair Niederhauser called the meeting to order at 8:10 a.m.
1. S.J.R. 2 Resolution Regarding Permanent State Trust Fund (L. Hillyard)
Sen. Hillyard explained the resolution.
Keith Prescott, Chair, Utah Tax Review Commission, assisted in explaining the resolution and spoke in favor of the resolution.
Those speaking in favor of the resolution and S.B. 18:
Mike German, Vice President, Utah Taxpayer Association
Lee Peacock, President, Utah Petroleum Association
Morris Jackson, Manager, Questar
Mark Buchi, Utah Tax Review Commission
MOTION: Sen. Goodfellow moved to transmit S.J.R 2 with a favorable recommendation.
The motion passed unanimously with Pres. Valentine absent for the vote.
2. S.B. 18 Use of Oil and Gas Revenues (L. Hillyard)
Sen. Hillyard explained the bill.
MOTION: Sen. Goodfellow moved to transmit S.B. 18 with a favorable recommendation.
The motion passed unanimously with Pres. Valentine absent for the vote.
3. S.B. 96 Sales and Use Tax Exemption for Disposable Home Medical Equipment or Supplies (S. Killpack)
Sen. Killpack explained the bill.
Rob Marrelli, Executive Director, Utah State Tax Commission, spoke to the bill.
Jim Olsen, President, Utah Retail Merchants Association, spoke in favor of the bill.
MOTION: Sen. Bramble moved to transmit the bill with a favorable recommendation.
The motion passed unanimously with Pres. Valentine absent for the vote.
4. S.B. 22 Sales and Use Tax Exemptions for Certain Governmental Entities and Entities Within the State Systems of Public and Higher Education (H. Stephenson)
Sen. Stephenson explained the bill.
Rob Marrelli, Executive Director, Utah State Tax Commission, spoke to the bill.
MOTION: Sen. Greiner moved to transmit the bill with a favorable recommendation.
The motion passed unanimously.
5. S.B. 37 Sales and Use Tax - Dental Prostheses (P. Knudson)
This bill was not considered.
MOTION: Sen. Greiner moved to adjourn the meeting.
The motion passed unanimously.
The meeting adjourned at 8:55 a.m.