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MINUTES OF THE

HOUSE REVENUE AND TAXATION

STANDING COMMITTEE

Room 445 - State Capitol

February 6, 2012


MEMBERS PRESENT:     Rep. Patrick Painter, Chair
                Rep. David Butterfield, Vice Chair
                Rep. Stewart Barlow
                Rep. Joel Briscoe                
                Rep. Mel Brown                              
                 Rep. Tim Cosgrove                 
                Rep. John Dougall                
                Rep. Susan Duckworth
                Rep. Steve Eliason                              
                Rep. Gage Froerer
                Rep. Francis Gibson                                                Rep. Eric Hutchings                         
                Rep. Brian King
                Rep. Merlynn Newbold
                Rep. Jim Nielson
                

MEMBERS EXCUSED:     Rep. Wayne Harper         


STAFF PRESENT:        Mr. Phil Dean, Policy Analyst
                Ms. An Bradshaw, Secretary
                    
Note:    A list of visitors and a copy of handouts are filed with the committee minutes.

Chair Painter called the meeting to order at 9:12 a.m.

H.J.R. 12    Joint Resolution on Property Tax Exemption for Certain Military Personnel (Rep. S. Sandstrom)

Rep. Sandstrom introduced the joint resolution to the committee.

Spoke for the resolution:    Major Aaron Drake, Utah National Guard

MOTION:    Rep. Cosgrove moved to pass H.J.R. 12 out of committee with a favorable recommendation. The motion passed unanimously with Rep. Dougall, Rep. Duckworth, Rep. King, and Rep. Butterfield absent for the vote.


H.B. 312    Veteran Employment Tax Credit (Rep. D. Ipson)

Rep. Ipson introduced the bill and a proposed amendment to the committee.

MOTION:    Rep. Newbold moved to amend the bill as follows:

1.    Page 2, Lines 42 through 48 :    

             42          (ii) within the last two years, has exhausted the unemployment benefits under
             43      Subsection (2)(a)
  (i)       ; and

             44          (b) works for the corporation at least 35 hours per week for not less than 45 of the 52
             45      weeks following the recently deployed veteran's start date for the employment.
             46          (3) A tax credit:
             47          (a) earned under this section shall be claimed
{   for   }        beginning in       the year the requirements of

             48      Subsection (2) are met;

2.    Page 2, Line 53 through Page 3, Line 66 :    

             53          (4) A corporation that claims a tax credit under this section shall retain the following
             54      for each recently deployed veteran for which a tax credit is claimed under this section:
             55          (a) the recently deployed veteran's:
             56          (i) name;
             57          (ii) taxpayer identification number;
             58          (iii) last known address;
{   and   }

             59          (iv) start date for the employment;
  and

    (v)     documentation establishing that the recently deployed veteran was employed as required under Subsection (2)(b) ;  

             60          (b) documentation provided by the recently deployed veteran's military service unit
             61      establishing that the recently deployed veteran is a recently deployed veteran;
  and      

             62          (c) a signed statement from the Department of Workforce Services that the recently
             63      deployed veteran meets the requirements of Subsection (2)(a) regarding unemployment
             64      benefits
{   ; and

             65          (d) a signed statement that the corporation has employed the recently deployed veteran
             66      as required under Subsection (2)(b)  
}
.


3.    Page 4, Lines 94 through 96 :    

             94          (3) A tax credit:
             95          (a) earned under this section shall be claimed
{   for   }        beginning in       the year the requirements of

             96      Subsection (2) are met;

4.    Page 4, Lines 101 through 115 :    

             101          (4) A claimant, estate, or trust that claims a tax credit under this section shall retain the
             102      following for each recently deployed veteran for which a tax credit is claimed under this
             103      section:
             104          (a) the recently deployed veteran's:
             105          (i) name;
             106          (ii) taxpayer identification number;
             107          (iii) last known address;
{   and   }

             108          (iv) start date of the employment;
  and

    (v)    documentation establishing that the recently deployed veteran was employed as required under Subsection (2)(b);  

             109          (b) documentation provided by the recently deployed veteran's military service unit
             110      establishing that the recently deployed veteran is a recently deployed veteran;
  and      

             111          (c) a signed statement from the Department of Workforce Services that the recently
             112      deployed veteran meets the requirements of Subsection (2)(a) regarding unemployment
             113      benefits
{   ; and

             114          (d) a signed statement that the claimant, estate, or trust has employed the recently
             115      deployed veteran as required under Subsection (2)(b)  
}
.

The motion passed unanimously with Rep. Dougall, Rep. Duckworth, Rep. King, and Rep. Butterfield absent for the vote.

MOTION:    Rep. Briscoe moved to pass H.B. 312 out favorably as amended. The motion passed unanimously with Rep. Dougall and Rep. Froerer absent for the vote.






MOTION:    Rep. Gibson moved to adjourn the meeting. The motion passed unanimously with Rep. Dougall and Rep. Froerer absent for the vote.

Chair Painter adjourned the meeting at 9:43 a.m.











                            __________________________
                            Rep. Patrick Painter, Chair