WORK SESSION HB 3656  

 

TAPE 242, A

 

HOUSE REVENUE COMMITTEE

AUGUST 19, 2003  8:30 AM   STATE CAPITOL BUILDING

 

Members Present:                        Representative Lane Shetterly, Chair

                                                Representative Wayne Scott, Vice Chair

                                                Representative Joanne Verger, Vice Chair

                                                Representative Phil Barnhart

                                                Representative Vicki Berger

                                                Representative Pat Farr

                                                Representative Mark Hass

                                                Representative Max Williams

 

Members Excused:                      Representative Elaine Hopson

 

Witnesses Present:                        Tom Mattis, Division of Finance and Corporate Securities,

                                                            Consumer and Business Services Department

                                                Peter Threlkel, Corporations Division, Secretary of State

 

Staff Present:                            Paul Warner, Legislative Revenue Officer

                                                Mazen Malik, Legislative Revenue Office

                                                Kathy Tooley, Committee Assistant

 

TAPE 242, SIDE A

 

OPENED WORK SESSION ON HB 3656

 

004

Chair Shetterly

Calls meeting to order at  8:34 a.m.

 

 

010

Mazen Malik

Provided background and gave description of HB 3656, (Exhibit 1); and the -2 amendments, (Exhibit 2); -3 amendments, (Exhibit 3); described letter from Ted Reutlinger, Administrative Counsel regarding -3 Amendments, (Exhibit 4).  Provided revenue impact statement, (Exhibit 5).

 

062

Tom Mattis

Reviewed Reutlinger memo.  The key issue is time frame. The department has data already in place regarding fees nationwide due to preliminary work and testimony in the bill’s predecessor SB 826. Discussed large amount of renewals in December and potential for an additional $3.4 million in revenues that would be generated if the operative date coincides with due date of bill.

 

071

Chair Shetterly

Asked which amendment Mattis supported for the record, -2 or -3?

 

072

Mattis

Spoke in support of the -3 amendments.

 

074

Peter Threlkel

Spoke in support of -2 amendments which are included in the -3 amendments.

 

078

Chair Shetterly

The -3 amendments provide the flexibility needed?

 

079

Mattis

Answered affirmatively.

 

080

Threlkel

Answered affirmatively.

 

081

Rep. Hass

MOTION:  MOVED ADOPTION OF THE –3 AMENDMENTS INTO HB 3656.

 

ORDER:  HEARING NO OBJECTION, THE CHAIR SO ORDERS. (ALL MEMBERS PRESENT REP. HOPSON EXCUSED).

 

083

Rep. Hass

MOTION:  MOVED HB 3656 TO THE HOUSE FLOOR WITH A DO PASS RECOMMENDATION.

 

ROLL CALL:  MOTION PASSED 7-1-1

REPRESENTATIVES VOTING AYE:  Barnhart, Berger, Farr, Hass, Hopson, Verger, Williams, Chair Shetterly.  VOTING NO:  Scott.

 

Rep. Shetterly  will carry the bill.

 

 

 

 

 

 

 

096

Chair Shetterly

Meeting adjourned at 8:45 a.m.

 

 

 

 

 

Tape Log Submitted by,

 

 

 

Kathy Tooley, Committee Assistant

 

Exhibit Summary:

1.       Malik, “Staff Measure Summary HB 3656”, 2 pages

2.       Malik, “HB 3656-2 Amendments”, 2 pages

3.       Malik, “HB 3656-3 Amendments”, 3 pages

4.       Malik, “Reutlinger Memo:  House Bill 3656 Amendments”, 1 page

5.       Malik, “Revenue Impact HB 3656-2”, 1 page