MINUTES OF THE SENATE COMMITTEE ON TAXATION Sixty-eighth Session June 16, 1995 The Senate Committee on Taxation was called to order by Chairman Sue Lowden, at 11:50 a.m., on Friday, June 16, 1995, on the Senate floor of the Legislative Building, Carson City, Nevada. There was no Agenda. There was no Attendance Roster. COMMITTEE MEMBERS PRESENT: Senator Sue Lowden, Chairman Senator Kathy M. Augustine, Vice Chairman Senator Ann O'Connell Senator Dean A. Rhoads Senator Randolph J. Townsend Senator John B. (Jack) Regan Senator Ernie Adler STAFF MEMBERS PRESENT: Pamela Jochim, Committee Secretary Senator Lowden informed the committee members the action taken by the committee on May 26, 1995, regarding Senate Bill (S.B.) 271 must be rescinded due to an error in the act's expiration date. Ms. Lowden asked the committee to review proposed Amendment Number 1051. SENATE BILL 271: Repeals temporarily requirement for prepayment of insurance premium tax. SENATOR ADLER MOVED TO RESCIND THE VOTE TAKEN BY THE COMMITTEE ON MAY 26, 1995, REGARDING S.B. 271. SENATOR TOWNSEND SECONDED THE MOTION. THE MOTION CARRIED UNANIMOUSLY. * * * * * SENATOR ADLER MOVED TO AMEND AND DO PASS S.B. 271. SENATOR TOWNSEND SECONDED THE MOTION. THE MOTION CARRIED UNANIMOUSLY. * * * * * The chairman adjourned the meeting at 11:53 a.m. RESPECTFULLY SUBMITTED: Pamela Jochim, Committee Secretary APPROVED BY: Senator Sue Lowden, Chairman DATE: Senate Committee on Taxation June 16, 1995 Page 2