82^nd Legislative Session _ 2007

        Committee: Senate Taxation

                                            P - Present
                                            E - Excused
                                            A - Absent

Roll Call
E    Duenwald
P    Garnos
P    Hansen (Tom)
P    Jerstad
P    Koetzle
P    Lintz, Vice-Chair
E    Peterson (Jim)
P    Turbak
P    McNenny, Chair

OTHERS PRESENT: See Original Minutes

The meeting was called to order by Chair Mc Nenny

MOTION:     TO APPROVE THE MINUTES OF FRIDAY, JANUARY 12, 2007

Moved by:    Koetzle
Second by:    Garnos
Action:    Prevailed by voice vote.

         SB 42: revise the discount provided to tobacco distributors purchasing tobacco stamps and to revise and repeal certain provisions regarding the cigarette tax.

The Chair deferred SB 42 until another day.

         SB 40: revise the distribution process for the bank franchise tax.

Opponents:    Bob Wilcox, SD Assoc. Of County Commissioners

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MOTION:     DEFER SB 40 TO THE 41^ST LEGISLATIVE DAY

Moved by:    Koetzle
Second by:    Hansen (Tom)
Action:    Prevailed by roll call vote.(7-0-2-0)

Voting Yes:    Garnos, Hansen (Tom), Jerstad, Koetzle, Lintz, Turbak, McNenny

Excused:    Duenwald, Peterson (Jim)

MOTION:     ADJOURN

Moved by:    Jerstad
Second by:    Turbak
Action:    Prevailed by voice vote.

Lois Henry

____________________________

         Committee Secretary

Kenneth McNenny, Chair

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