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MINUTES OF THE

HOUSE REVENUE AND TAXATION

STANDING COMMITTEE

Room 445 - State Capitol, State Capitol Complex


                     February 9, 2010

MEMBERS PRESENT:     Rep. Todd Kiser, Chair
                Rep. Gage Froerer, Vice Chair
                Rep. Sheryl Allen                
                Rep. Tim M. Cosgrove
                 Rep. John Dougall                      
                 Rep. Susan Duckworth
                Rep. Julie Fisher
                Rep. Wayne Harper                 
                Rep. Eric Hutchings                  
                Rep. Christine Johnson
                 Rep. Merlynn T. Newbold                         
                Rep. Stephen Sandstrom
                                 
MEMBERS ABSENT:      Rep. Greg Hughes
                         
MEMBERS EXCUSED:     Rep. Carol Spackman Moss                          
                 Rep. Jennifer Seelig
                Rep. Evan Vickers
                
STAFF PRESENT:        Phil Dean, Policy Analyst
                Kathy Sorg, Secretary
                    
Note:    A list of visitors and a copy of handouts are filed with the committee minutes.

Rep. Kiser called the meeting to order at 8:47 a.m.

MOTION:    Rep. Dougall moved to approve the minutes of the February 5, 2010 meeting. The motion passed unanimously with Rep. Duckworth and Rep. Newbold absent for the vote.

1st Sub. H.B. 259    Property Tax Amendments (Rep. W. Harper)

Rep. Harper explained the bill to the committee.

Spoke in favor of the bill:    Lee Gardner, Salt Lake County Assessor Office
                Kris Poulson, Salt Lake County Assessor Office
                Howard Headlee, Utah Bankers Association

Spoke to the bill:        MacRay Curtis, State Auditor's Office




MOTION:
    Rep. Harper moved to adopt 1st Substitute H.B. 259. The motion passed unanimously.

MOTION:    Rep. Johnson moved to pass 1st Substitute H.B. 259 with a favorable recommendation. The motion passed unanimously.

S.B. 111    Repeal of Severance Tax Holding Account (Sen. L. Hillyard) (Rep. J. Dougall)

Sen. Hillyard explained the bill to the committee.

Spoke in favor of the bill:    Lee Peacock, Utah Petroleum Association

MOTION:    Rep. Dougall moved to pass S.B. 111 with a favorable recommendation. The motion passed unanimously.

MOTION:    Rep. Dougall moved to place S.B. 111 on the Consent Calendar. The motion passed unanimously.


MOTION:    Rep. Dougall moved to adjourn. The motion passed unanimously.

Rep. Kiser adjourned the meeting at 9:17 a.m.




                            __________________________
                            Rep. Todd E. Kiser, Chair