76th Legislative Session _ 2001

Committee: Senate Taxation
Wednesday, January 24, 2001

                                            P - Present
                                            E - Excused
                                            A - Absent

Roll Call
P    de Hueck
P    Diedrich (Larry)
P    Koetzle
P    McCracken
P    McIntyre
P    Moore
P    Staggers
P    Bogue, Vice-Chair
P    Hainje, Chair

OTHERS PRESENT: See Original Minutes

The meeting was called to order by Chair Hainje

MOTION:     TO APPROVE THE MINUTES OF THE PREVIOUS MEETING.

Moved by:    Diedrich (Larry)
Second by:    Bogue
Action:    Prevailed by voice vote.

          HB 1044: revise certain dates pertaining to references to the Internal Revenue Code.

Presented By:    Paul Kinsman, Department of Revenue

MOTION:     DO PASS HB 1044

Moved by:    de Hueck
Second by:    Moore
Action:    Prevailed by roll call vote.(8-0-1-0)

Voting Yes:    de Hueck, Diedrich (Larry), McCracken, McIntyre, Moore, Staggers, Bogue, Hainje

Excused:    Koetzle

MOTION:     PLACE HB 1044 ON CONSENT

Moved by:    Diedrich (Larry)
Second by:    McCracken
Action:    Failed by voice vote.

         HB 1048: authorize the secretary of revenue to revoke the license of a tobacco distributor or wholesaler for failure to provide certain information.

Presented By:    Jack MaGee, Department of Revenue

MOTION:     DO PASS HB 1048

Moved by:    Moore
Second by:    McIntyre
Action:    Prevailed by roll call vote.(8-1-0-0)

Voting Yes:    de Hueck, Diedrich (Larry), Koetzle, McCracken, McIntyre, Moore, Bogue, Hainje

Voting No:    Staggers

         SB 96: reduce the capitalization rate for a nonagricultural acreage.

Presented By:    Senator Dennert
Proponents:    Mary Worlie, Brown County Director of Equalization
         Fred Schafer, Campbell County Director of Equalization
         Ken McFarland, Minnehaha County
        Dick Howard, South Dakota County Commissioners Association

**        Testimony was given by Paul Kinsman, Department of Revenue.

 MOTION:     DEFER SB 96 TO THE 41ST LEGISLATIVE DAY

Moved by:    Diedrich (Larry)
Second by:    de Hueck
Action:    Prevailed by roll call vote.(7-2-0-0)

Voting Yes:    de Hueck, Diedrich (Larry), McCracken, Moore, Staggers, Bogue, Hainje

Voting No:    Koetzle, McIntyre

         SB 101: allow any sales and use tax paid to be deducted from the gross receipts to determine the contractors' excise tax.

Presented By:    Senator Staggers
Proponents:    Tim Dougherty, South Dakota Homebuilders Association
Opponents:    Scott Peterson, Department of Revenue

MOTION:     DO PASS SB 101

Moved by:    Koetzle
Second by:    Bogue
Action:    Was not acted on.

MOTION:     ADJOURN

Moved by:    Koetzle
Second by:    de Hueck
Action:    Prevailed by voice vote.

Ryan Olson

____________________________

Committee Secretary
Dick Hainje, Chair

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