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ECONOMIC DEVELOPMENT STANDING COMMITTEE
Friday, January 29, 2010, 2:00 P.M.
Room 215, Senate Building, State Capitol Complex
Members Present: Sen. Jerry Stevenson, Chair
Sen. Ralph Okerlund
Sen. Michael Waddoups
Sen. Karen Morgan
Sen. Patricia Jones
Members Excused: Sen. Mark Madsen
Staff Present: Art Hunsaker, Policy Analyst
Lorna Wells, Committee Secretary
Public Speakers Present: Derek Miller, Managing Director, Governor's Office of Economic Development
Tom Bingham, Utah Manufacturer's Association
A list of visitors and a copy of handouts are filed with the committee minutes.
Chair Stevenson called the meeting to order at 2:02 p.m.
1. S.B. 96 Uintah Basin Revitalization Fund Amendments
Sen. Van Tassell introduced the bill.
MOTION: Sen. Okerlund moved to pass S.B. 96 out of committee with a favorable recommendation.
The motion passed unanimously with Sen. Jones and Sen. Waddoups absent for the vote.
2. S.B. 48 - Utah Historical Society - Nonlapsing Authority
S.B. 48 will be discussed at a later meeting.
3. H.B. 24 - Economic Development Incentives Act Amendments
Rep. Wallis introduced the bill.
Mr. Miller and Mr. Bingham spoke in favor of the bill.
MOTION: Sen. Morgan moved to pass H.B. 24 out of committee with a favorable recommendation
The motion passed unanimously.
MOTION: Sen. Jones moved to adjourn the meeting.
The motion passed unanimously.
Chair Stevenson adjourned the meeting at 2:35 p.m.
Minutes were reported by Lorna Wells, Secretary.
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Sen. Jerry W. Stevenson, Chair