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MINUTES OF THE
SENATE REVENUE AND TAXATION STANDING COMMITTEE MEETING
MONDAY, FEBRUARY 12, 2007
, 4:00 P.M.
ROOM W130, WEST OFFICE BUILDING, STATE CAPITOL COMPLEX



Members Present:    Sen. Wayne L. Niederhauser, Chair     Sen. Mike Dmitrich     Sen. Brent Goodfellow
    Sen. Jon J. Greiner

Members Excused:    Pres. John Valentine
    Sen. Curtis S. Bramble
    
Members Absent:.     Sen. Howard A. Stephenson
    Sen. Michael Waddoups

Staff Present:    Bryant Howe, Assistant Director, Office of Legislative Research and General Counsel
    Bonnie Brinton, Committee Secretary
    
Public Speakers Present:    Bruce Johnson, Utah State Tax Commission
    Lynn Ward, Executive Director, Utah Educational Savings Plan

A list of visitors and a copy of handouts are filed with the Committee minutes.

Chair Niederhauser called the meeting to order at 4:05 p.m.
    
Approval of Minutes

    MOTION:
Sen. Greiner moved to approve the minutes of February 9, 2007.

    The motion passed unanimously with Sens. Dmitrich absent for the vote.

    
Sen. Greiner assumed the Chair.

1.     S.B. 266 Income Tax Filing Amendments
(Sen. W. Niederhauser)

    Sen. Niederhauser explained the bill.

    Bruce Johnson, Utah State Tax Commission, spoke in favor of the bill.

     MOTION: Sen. Niederhauser moved to pass S.B. 266 out of Committee with a favorable     recommendation.

    The motion passed unanimously with Sen. Dmitrich absent for the vote.

     MOTION: Sen. Niederhauser moved to place S.B. 266 on the Consent Calendar.


    The motion passed unanimously with Sen. Dmitrich absent for the vote.

2.    S.B. 242 Income Tax Additions, Subtractions, and Tax Credits for Higher Education     Savings (Sen. G. Bell)

    Sen. Bell explained the bill and distributed a handout.

    Lynn Ward, Executive Director, Utah Educational Savings Plan, assisted in the explanation     of the bill.

    Sen. Goodfellow commended Ms. Ward for her service.

     MOTION: Sen. Goodfellow moved to pass S.B. 242 out of Committee with a favorable     recommendation.

    The motion passed unanimously .

3.    2nd Sub. H.B. 58 New School District Leeway Retention (Rep. B. Daw)

    Rep. Daw explained the bill

     MOTION: Sen. Niederhauser moved to pass 2nd Sub. H.B. 58 out of Committee with a     favorable recommendation.

    The motion passed unanimously.

4.    H.B. 226 Sales and Use Tax - Highways and Public Transportation Amendments
    (Rep. J. Dougall)

    
Rep. Dougall explained the bill.
    
     MOTION: Sen. Dmitrich moved to pass H.B. 226 out of Committee with a favorable     recommendation.

    The motion passed unanimously.

     MOTION: Sen. Niederhauser moved to adjourn.

    The meeting adjourned at 4:30 p.m.
        



_            _____________________________________
Sen. Wayne L. Niederhauser, Committee Chair