MINUTES OF THE
HOUSE REVENUE AND TAXATION
Room 445, State Capitol
February 16, 2016
Members Present: Rep. Daniel McCay, Chair
Rep. Jeremy A. Peterson, Vice Chair
Rep. Joel K. Briscoe
Rep. Rich Cunningham Rep. Gage Froerer
Rep. Brian M. Greene
Rep. Eric K. Hutchings
Rep. Ken Ivory Rep. Brian S. King
Rep. John Knotwell
Rep. Mike K. McKell
Rep. Jon E. Stanard
Members Absent: Rep. Douglas V. Sagers
Staff Present: Leif G. Elder, Policy Analyst
An Bradshaw, Secretary
NOTE: A list of visitors and a copy of handouts are filed with the committee minutes.
Chair McCay called the meeting to order at 8:12 a.m.
At the invitation of Chair McCay, an overhead presentation was made by Jonathan Ball, Director, Office of the Legislative Fiscal Analyst, and two handouts, "URS State Unfunded Liability (UAAL) & Potential New Unfunded Liability" and "URS Impact in House District", were distributed to the committee.
H.B. 47 Postretirement Employment Rural and Title I School Exceptions (Rep. R. Cunningham)
H.B. 117 Modifications to Postretirement Reemployment Restrictions (Rep. R. Cunningham)
H.B. 86 Postretirement Employment Restrictions (Rep. R. Cunningham)
H.B. 50 Postretirement Reemployment Amendments (Rep. R. Cunningham)
Rep. Cunningham explained H.B. 47, H.B. 117, H.B. 86, and H.B. 50 to the committee with the assistance of Dave Harden, financial advisor; Paul Cunningham, Chief of Staff, South Jordan City; Patti Harrington, Associate Executive Director, Utah School Boards Association; and Mark Johnson, Chief Administrative Officer, Ogden City. Dan Anderson, Executive Director, Utah Retirement Systems, answered questions from the committee.
Spoke for the bills: George Chapman, citizen
Tom Ross, President, Utah Chiefs of Police Associations
Spoke against the bills:
Dan Liljenquist, citizen
Derek Monson, Sutherland Institute
H.B. 205 Tier II Retirement Amendments (Rep. R. Cunningham)
The bill was not heard.
MOTION: Rep. King moved to adjourn the meeting. The motion passed unanimously.
Chair McCay adjourned the meeting at 9:59 a.m.
Daniel McCay, Chair