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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:        July 3, 1997

SUBJECT:        July 16 Meeting

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

     DATE:     Wednesday, July 16, 1997
    TIME:     2:00 p.m.
    PLACE:     Room 223 State Capitol
An agenda is included. If you are unable to attend, please call me or Karen E. Mecham
at 538-1032.


COMMITTEE MEMBERS


Sen. Howard C. Nielson, Senate Chair

Rep. Raymond W. Short, House Chair


Sen. Leonard M. Blackham         Sen. Mike Dmitrich
Sen. E. George Mantes
Sen. L. Steven Poulton
Sen. Howard A. Stephenson

Rep. Judy A. Buffmire Rep. Greg J. Curtis
Rep. Kevin S. Garn
    Rep. Wayne A. Harper     Rep. David M. Jones

Rep. Patricia B. Larson
Rep. Jack A. Seitz         Rep. A. Lamont Tyler         Rep. Richard L. Walsh         Rep. John L. Valentine

Agenda

Revenue and Taxation Interim Committee

Wednesday, July 16, 1997--2:00 p.m.--Room 223 State Capitol



2:00 p.m.     1.     Committee Business_
            a. Approval of minutes of July 9, 1997 meeting

2:15 p.m.     2.    Revenue Update--Doug MacDonald, Economic and Statistical Unit, State Tax Commission

2:30 p.m.     2.    Report of the Legislative Auditor General: Residential Property Tax Assessment
            a.    Audit Report -- Wayne Welsh, Legislative Auditor General; Rick Coleman, Audit Manager
            b.    Agency Response -- W. Val Oveson, Chair, Utah State Tax Commission
            c.    Response from County Assessors--Lee Gardner, Salt Lake County Assessor
            d.     Public Comment

3:00 p.m.     3.    Individual Income and Corporate Franchise and Income Tax Credits_
            a.     Background Information on Existing Credits--Bryant R. Howe, Research Analyst
            b.     Committee Discussion and Direction for Future Action

3:30 p.m.     4.    Valuation of Intangibles for Property Tax Purposes_

4:00 p.m.     5.    Other Business_

COMMITTEE MEMBERS


Sen. Howard C. Nielson, Senate Chair

Rep. Raymond W. Short, House Chair


Sen. Leonard M. Blackham         Sen. Mike Dmitrich
Sen. E. George Mantes
Sen. L. Steven Poulton
Sen. Howard A. Stephenson

Rep. Judy A. Buffmire Rep. Greg J. Curtis
Rep. Kevin S. Garn
    Rep. Wayne A. Harper     Rep. David M. Jones

Rep. Patricia B. Larson
Rep. Jack A. Seitz         Rep. A. Lamont Tyler         Rep. Richard L. Walsh         Rep. John L. Valentine

0716.AG



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