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S_FIN_2021A 02/03/2021 09:04:31 AM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
JOINT COMMITTEE COMMITTEE ON JOINT FINANCE
Date 02/03/2021
Attendance
Benavidez X
Bradfield X
Bridges X
Daugherty X
Gonzales X
Gray X
Hisey X
Kipp X
Lee X
Luck X
Lundeen X
Rich X
Sandridge X
Scott X
Snyder X
Winter X
Pettersen X
Bird X
Time 09:04:31 AM to 12:26:36 PM
Place Old Supreme Court
This Meeting was called to order by Bird
This Report was prepared by Vanessa Reilly
Hearing Items Action Taken
Presentation by the Office of the State Auditor Committee Discussion Only
SMART Act Presentation from Department of Revenue Committee Discussion Only
SMART Act Presentation from Department of Treasury Committee Discussion Only
SMART Act Presentation by PERA Committee Discussion Only

Presentation by the Office of the State Auditor - Committee Discussion Only
09:08:10 AM  
Kerri Hunter, representing the Office of the State Auditor, gave a brief presentation.
09:08:41 AM  

Monica Powers, representing OSA, presented the 2020 Status of Audit Recommendations Not Fully Implemented (Attachment A).
09:16:31 AM  

Trey Standley, representing OSA, presented the Tax Expenditures Summary Memo (Attachment B).



SMART Act Presentation from Department of Revenue - Committee Discussion Only
09:43:50 AM  
Mark Ferrandino, Department of Revenue (DOR) Executive Director, presented the department's SMART Act presentation to the committee (Attachment C).
09:44:28 AM  
The committee members discussed the presentation.
10:13:30 AM  

Heidi Humphreys, representing DOR, discussed the department's goals.
10:13:57 AM  
Mike Dixon, representing DOR, continued the department's presentation.
10:24:24 AM  
Cory Amend, representing DOR, continued the department's presentation.
10:27:06 AM  
Tom Seaver, representing DOR, continued the department's presentation.
10:35:15 AM  
Brendon Reese, representing DOR, continued the department's presentation, focusing on the Taxation Division.



SMART Act Presentation from Department of Treasury - Committee Discussion Only
11:14:01 AM  
Treasurer Dave Young presented the Department of the Treasury's SMART Act presentation (Attachment D).



SMART Act Presentation by PERA - Committee Discussion Only
11:50:47 AM  
Marcus Pennell, Ron Baker, and Amy McGarrity, representing the Public Employees' Retirement Association (PERA), presented PERA's SMART Act presentation (Attachment E).
11:51:35 AM  
PERA representatives responded to committee members' questions.


12:26:36 PM   The committee adjourned.






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