WORK SESSION

SB 1083,  HB 3481-B

 

TAPE 160, A

 

SENATE REVENUE COMMITTEE

JULY 8, 2005   9:00 AM   STATE CAPITOL BUILDING

 

 

Members Present:                  Senator Ryan Deckert, Chair

                                                Senator Gary George

                                                Senator Rick Metsger

                                                Senator Floyd Prozanski

                                                Senator Charles Starr, Vice Chair

                       

Witnesses Present:                Dexter Johnson, Legislative Counsel

 

Staff Present:                          Paul Warner, Legislative Revenue Officer

                                                Linda K. Gatto, Committee Assistant

 

 

TAPE 160, SIDE A

005

Chair Deckert

Calls meeting to order at 1:27 p.m. and opens the work session on SB 1083.

SB 1083 - WORK SESSION

012

Sen.  Metsger

MOTION:  Moves to ADOPT SB 1083-5 amendments dated 7/8/05.

016

Sen. Metsger

States that SB 1083-5 amendments (EXHIBIT 1) revert back to the original bill introduced by Sen. Schrader. Explains that all the farm issues are included except for equine stabling, horse shows, and greyhound racing.

035

Sen. C. Starr

States support for the -5 amendments.

036

Chair Deckert

States that the sunset was inadvertently omitted in the -5 amendments and will check with legislative counsel to see it can be added conceptually.

043

Sen. George

Declares a conflict of interest.

052

Chair Deckert

Closes the work session on SB 1083 and opens the work session on HB 3481B (EXHIBIT 3).

HB 3481B – WORK SESSION

061

Sen. Metsger

MOTION:  Moves to ADOPT HB 3481B-19 amendments dated 7/7/05.

062

 

VOTE:  5-0-0

 

Chair Deckert

Hearing no objection, declares the motion CARRIED.

066

Sen. Metsger

MOTION:  Moves HB 3481B to the floor with a DO PASS AS AMENDED recommendation.

070

Sen. C. Starr

Predicts the bill will end up in conference committee and announces a potential minority report.

060

 

VOTE:  4-1-0

AYE:               4 - George, Metsger, Prozanski, Deckert

NAY:               1 - Starr C.

 

Chair Deckert

The motion CARRIES.

SEN. DECKERT will lead discussion on the floor.

087

Chair Deckert

Closes the work session on HB 3481B and re-opens the work session on SB 1083.

 

SB 1083 – WORK SESSION

090

Paul Warner

Legislative Revenue Officer. Refers to the preliminary revenue impact statement and the chart showing the credit against increases in minimum wage (EXHIBIT 2). States the complicating issue on the sunset is the carry forward.

094

Chair Deckert

States to Mr. Johnson that the intent is to have the bill end in 2010.

096

Dexter Johnson

Legislative Counsel Office. Asks if the credit is to end completely as of that date, or if a person claims it for the first year in 2009 would there be a five year carry forward for that person.

105

Chair Deckert

Rephrases the question and asks for the committee’s input.

107

Committee Members

Indicate that they want the carry forward.

112

Chair Deckert

States the carry forward will be for five years and there is a 2010 sunset.

115

Johnson

Notes that the first year of the credit can be up to 2010. There would be no credit except for carry forward.

118

Chair Deckert

Notes that the qualification would end with the sunset date.

126

Sen. Metsger

MOTION:  Moves to CONCEPTUALLY AMEND the -5 amendments to SB 1083A dated 7/8/05 that includes the sunset on the credit being qualified for as of January 1 2010 but credits qualified prior to that can be carried forward for up to five years past the date of the original qualification.

139

Sen. Prozanski

Asks if a person qualifies the second year before it ends, that person would have five years from when they entered into the program not five years from the ending date.

144

Warner

States the credit is allowed after 1/1/2006 and before 1/1/2011 and any credits earned during that period are eligible for up to five years.

149

Chair Deckert

Asks does the clock start on the five year carry forward if you qualified in 2007.

151

Warner

It applies to the tax year you receive the credit and could use it up to 2012.

158

Sen. Metsger

Further clarifies that the sunset is January 1, 2010.

166

Johnson

Notes that if it is transferred they too have the five year carry forward.

170

Sen. Prozanski

Confirms transfers are limited to five years from origination.

187

 

VOTE:  5-0-0

 

Chair Deckert

Hearing no objection, declares the motion CARRIED.

191

Sen. Metsger

MOTION:  Moves SB 1083 to the floor with a DO PASS AS AMENDED by the –5 amendments and the CONCEPUTAL AMENDMENTS.

193

 

VOTE:  5-0-0

 

Chair Deckert

Hearing no objection, declares the motion CARRIED.

SEN. SCHRADER will lead discussion on the floor.

197

Chair Deckert

Closes the work session on SB 1083A and adjourns the meeting at 1:55 p.m.

 

Tape Log Submitted By,

 

 

Linda K. Gatto, Committee Assistant                                                

 

 

 

Exhibit Summary:

1.      SB 1083, -5 amendments, staff, 2 pp

2.      SB 1083, preliminary revenue impact statement and chart, staff, 2 pp

3.      HB 3481B, revenue impact statement and –B19 amendments, staff, 59 pp