74th Legislative Session -- 1999

Committee: Senate Taxation

                                            P - Present
                                            E - Excused
                                            A - Absent

Roll Call
P      Albers
P      Brown (Arnold)
P      Daugaard
P      Flowers
P      Moore
P      Olson
E      Valandra
P      Brosz, Vice-Chair
P      Paisley, Chair


OTHERS PRESENT: See Original Minutes

The meeting was called to order by Senator Paisley

MOTION:      TO APPROVE THE MINUTES OF February 10, 1999

Moved by:      Senator Brosz
Second by:      Senator Olson
Action:      Prevailed by voice vote.

          SB 189:   provide for the assessment of property based on its acquisition value.

Proponents:      Senator Moore

Opponents:      Jim Fry, Department of Revenue
          Tim Dougherty, SD Home Builders Association

MOTION:      DEFER SB 189 UNTIL THE 41ST LEGISLATIVE DAY

Moved by:      Senator Brosz
Second by:      Senator Daugaard
Action:      Prevailed by roll call vote.   (5-3-1-0)

Voting yes:      Albers, Brown (Arnold), Daugaard, Brosz, Paisley

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Voting no:      Flowers, Moore, Olson

Excused:      Valandra

          SJR 5:   Proposing and submitting to the electors at the next general election an amendment to Article XI, section 2 of the Constitution of the State of South Dakota, relating to the method used to assess the value of property.



MOTION:      TO TABLE SJR5

Moved by:      Senator Olson
Second by:      Senator Brown (Arnold)
Action:      Prevailed by roll call vote.   (8-0-1-0)

Voting yes:      Albers, Brown (Arnold), Daugaard, Flowers, Moore, Olson, Brosz, Paisley

Excused:      Valandra

          SB 213:   allow any county to adjust the amount of revenue from taxes payable on real property based on the amount of the cash carryover expended in 1995.

Proponents:      Senator Symens
          Rich Sattgast, SD County Officials Association

Opponents:      Jim Fry, Department of Revenue

MOTION:      DEFER SB 213 UNTIL THE 41ST LEGISLATIVE DAY

Moved by:      Senator Brosz
Second by:      Senator Brown (Arnold)
Action:      Prevailed by roll call vote.   (7-1-1-0)

Voting yes:      Albers, Brown (Arnold), Daugaard, Moore, Olson, Brosz, Paisley

Voting no:      Flowers

Excused:      Valandra

          SB 224:   require the governing body of a school district to approve the formation of a tax incremental finance district, to require a publication of the decision to create a tax incremental finance district, and to allow the voters of a school district affected by the decision to refer the decision.

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Proponents:      Senator Moore

The Chair deferred SB 224 until Wednesday, February 17, 1999.

MOTION:      ADJOURN

Moved by:      Senator Olson
Second by:      Senator Brown (Arnold)
Action:      Prevailed by voice vote.

Cynthia L. Mercer

Committee Secretary