*** REVISED AGENDA ***

Revenue and Taxation Interim Committee

Utah Legislature

Wednesday, June 18, 2008 • 9:00 a.m. • Room C445 State Capitol

Approximate

Time Frame

9:00      1.   Committee Business

                        •    Call to order

                        •    Approval of the minutes of the June 5, 2008 meeting

9:05      2.   Property Tax Study -- California's Proposition 13

                        •    Overview of Proposition 13 and Acquisition Based Taxable Value for the Property Tax -- Jonathan Coupal, President, Howard Jarvis Taxpayer's Association, Sacramento, California

                        •    Public Comment

                        •    Committee Discussion and Direction for Future Action

10:15    3.   Property Tax Study -- Acquisition Value-Based Property Assessment Policy and Periodic Assessment of Residential Property                

                        •    Overview -- Dr. John Merrifeld, University of Texas at San Antonio

                        •    Public Comment

                        •    Committee Discussion and Direction for Future Action

11:45    4.   Truth in Taxation Ad - City of South Jordan

12:00    5.   Other Items / Adjourn

                        •    Next meeting is Wednesday, July 9, 2008, 8:00 a.m.