PUBLIC STAFF SUMMARY OF MEETING SENATE COMMITTEE ON FINANCE
Date |
08/26/2024 |
Attendance |
Buckner |
X |
Hansen |
X |
Simpson |
X |
Smallwood |
X |
Van Winkle |
X |
Kolker |
X |
Mullica |
X |
|
Time |
12:11:56 PM to 01:13:20 PM |
Place |
SCR 357 |
This Meeting was called to order by |
Mullica |
This Report was prepared by |
Matthew Becker |
|
Hearing Items |
Action Taken |
hSCR24B-001 |
Postponed Indefinitely |
hSCR24B-002 |
Postponed Indefinitely |
hany bills referred to Senate Finance will be heard at this time |
Committee Discussion Only |
|
|
SCR24B-001 - Postponed Indefinitely
|
|
|
12:12:12 PM |
Senator Hinrichsen presented SCR24B-001, which refers a ballot measure to the November 2024 election allowing local governments to seek future voter approval to change from ad valorem taxation of property to a land value tax.
|
|
12:18:30 PM |
Senator Hinrichsen responded to committee questions about a land value tax system.
|
|
12:43:48 PM |
The committee reconvened.
|
|
12:45:33 PM |
Senator Hinrichsen
continued to respond to questions from the committee and provided closing
comments.
|
12:52:39 PM
|
Motion |
Refer SCR24B-001 to the Committee on Appropriations. |
|
Moved |
Hansen |
|
Seconded |
|
|
|
|
|
Buckner |
No |
|
|
Hansen |
No |
|
|
Simpson |
No |
|
|
Smallwood |
No |
|
|
Van Winkle |
No |
|
|
Kolker |
Excused |
|
|
Mullica |
No |
|
|
|
YES: 0 NO: 6 EXC: 1 ABS: 0 FINAL ACTION: FAIL |
|
|
12:52:52 PM
|
Motion |
Postpone SCR24B-001 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. |
|
Moved |
Hansen |
|
Seconded |
|
|
|
|
|
Buckner |
Yes |
|
|
Hansen |
Yes |
|
|
Simpson |
Yes |
|
|
Smallwood |
Yes |
|
|
Van Winkle |
Yes |
|
|
Kolker |
Excused |
|
|
Mullica |
Yes |
|
|
Final |
YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS |
|
|
SCR24B-002 - Postponed Indefinitely
|
|
|
12:54:35 PM |
Senators Baisley
and Van Winkle presented SCR24B-002, which refers a constitutional amendment
to voters at the 2024 general election. Conditional on voter approval,
the resolution limits the amount of property tax revenue that a special
district may collect each year, and changes how the special district's
tax is assessed among properties.
|
01:11:30 PM
|
Motion |
Adopt amendment L.002 (Attachment A). |
|
Moved |
Van Winkle |
|
Seconded |
|
|
|
|
|
Buckner |
No |
|
|
Hansen |
No |
|
|
Simpson |
No |
|
|
Smallwood |
Yes |
|
|
Van Winkle |
Yes |
|
|
Kolker |
Excused |
|
|
Mullica |
No |
|
|
|
YES: 2 NO: 4 EXC: 1 ABS: 0 FINAL ACTION: FAIL |
|
|
01:12:42 PM
|
Motion |
Refer SCR24B-002 to the Committee on Appropriations. |
|
Moved |
Van Winkle |
|
Seconded |
|
|
|
|
|
Buckner |
No |
|
|
Hansen |
No |
|
|
Simpson |
No |
|
|
Smallwood |
Yes |
|
|
Van Winkle |
Yes |
|
|
Kolker |
Excused |
|
|
Mullica |
No |
|
|
|
YES: 2 NO: 4 EXC: 1 ABS: 0 FINAL ACTION: FAIL |
|
|
01:13:02 PM
|
Motion |
Postpone SCR24B-002 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. |
|
Moved |
Hansen |
|
Seconded |
|
|
|
|
|
Buckner |
Yes |
|
|
Hansen |
Yes |
|
|
Simpson |
Yes |
|
|
Smallwood |
No |
|
|
Van Winkle |
No |
|
|
Kolker |
Excused |
|
|
Mullica |
Yes |
|
|
Final |
YES: 4 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS |
|
|
any bills referred to Senate Finance will be heard at this time - Committee Discussion Only
01:13:20 PM |
The committee adjourned. |