Senate Taxation Minutes 01/29/2001 8:00 AM

76^th Legislative Session _ 2001

Committee: Senate Taxation

Monday, January 29, 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
E    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:    McCracken
Second by:    Diedrich (Larry)
Action:    Prevailed by voice vote.

         SB 109: make the refund the payment of certain inheritance tax collections.

Presented By:    Senator Staggers
Proponents:    Paul Kinsman, Department of Revenue
         Gary Viken, Department of Revenue

MOTION:     TO AMEND TITLE OF SB 109

109fta

On page 1, line 1 of the printed bill, delete " make the " .

Moved by: Staggers

Second by:    Moore
Action:    Prevailed by voice vote.

MOTION:     DO PASS SB 109 AS AMENDED

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

MOTION:     SUBSTITUTE MOTION DEFER SB 109 TO THE 41^ST LEGISLATIVE DAY

Moved by:    Diedrich (Larry)
Second by:    McCracken
Action:    Failed by roll call vote.(4-2-3-0)

Voting Yes:    Diedrich (Larry), McCracken, Moore, Hainje

Voting No:    Koetzle, Staggers

Excused:    de Hueck, McIntyre, Bogue

MOTION:     DO PASS SB 109 AS AMENDED

Action:    Failed by roll call vote.(2-4-3-0)

Voting Yes:    Koetzle, Staggers

Voting No:    Diedrich (Larry), McCracken, Moore, Hainje

Excused:    de Hueck, McIntyre, Bogue

         SB 110: exempt certain funeral services and expenses from sales and use tax.

Presented By:    Senator Staggers
Opponents:    Scott Peterson, Department of Revenue

The Chair deferred SB 110 until another day.

         SB 116: repeal the statutes concerning the imposition of the inheritance tax.

Presented By:    Senator Staggers
Opponents:    Paul Kinsman, Department of Revenue

The Chair deferred SB 116 until another day.

         SB 140: clarify certain provisions relating to the payment of taxes to municipalities from the revenues of electric cooperatives providing service within a municipality.

Presented By:    Brian Meyers, South Dakota Rural Electric Association

MOTION:     AMEND SB 140

140fa

On page 1 of the printed bill, delete lines 8 and 9 , and insert:

"pay in addition to other taxes provided by law, an amount each and every year equal to two percent of the total gross revenues received by the cooperative for".

On page 1 , line 15, after " may " insert " , at the option of the municipality, ".

On page 2 , line 3, remove the overstrikes from " ~~shall be~~ " .

On page 2 , line 3, delete " may not exceed " .

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

The Chair deferred SB 140 until another day.

SB 138: provide for a capital outlay fund for rural fire protection districts.

The Chair deferred SB 138 until February 2^nd.

MOTION:     ADJOURN

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

Ryan Olson

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