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Revenue and Taxation Interim Committee











NOTICE OF MEETING





TO:        Revenue and Taxation Interim Committee

FROM:         Bryant R. Howe, Research Analyst

DATE:        May 8, 1997

SUBJECT:        May 21 Meeting

Sen. Howard C. Nielson and Rep. Raymond W. Short have scheduled the next meeting of the Revenue and Taxation Interim Committee as follows:

    DATE:      Wednesday, May 21, 1997
     TIME:      2:00 p.m.
     PLACE:      Room 223 State Capitol
An agenda is included. If you are unable to attend, please call me at 538-1032.


COMMITTEE MEMBERS


Sen. Howard C. Nielson, Senate Chair

Rep. Raymond W. Short, House Chair


Sen. Leonard M. Blackham    Rep. Judy Ann Buffmire    Rep. David M. Jones
Sen. Mike Dmitrich     Rep. Greg J. Curtis    Rep. Patricia B. Larson
Sen. George Mantes     Rep. Kevin S. Garn    Rep. Jack A. Seitz
Sen. L. Steven Poulton    Rep. Wayne A. Harper    Rep. A. Lamont Tyler
Sen. Howard A. Stephenson    Rep. Fred R. Hunsaker    Rep. Richard L. Walsh
        Rep. John L. Valentine
PROPOSED AGENDA

Revenue and Taxation Interim Committee

Wednesday, May 21, 1997--2:00 p.m.--Room 223 State Capitol




2:00     1.    Committee Business_
            a.     Approval of minutes of April 23, 1997 meeting
            b.     Report on Requests to the Management Committee


2:10     2.    Research Tax Credit_
            a.    Introduction and Background -- Senator Lyle W. Hillyard
            b.     What is the Problem We Are Trying To Solve?--Stan Parrish, Salt Lake Area Chamber of Commerce; Val Finlayson, Utah Partnership for Educational and Economic Development
            c.     Proposed Solution -- Val Finlayson
            d.     Committee Discussion and Direction for Future Action

        
3:05     3.    Valuing of Intangible Assests for Property Tax Purposes_
            a.     Overview and Background--Rebecca L. Rockwell, Associate General Counsel; O. William Asplund, Assistant Director; Bryant R. Howe, Research Analyst
            b.     Review of Wiltel Decision--W. Val Oveson, Chair, Utah State Tax Commission
            c.     Committee Discussion


4:00     4.    Other Business--





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