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From YouTube: 2/25/2021 - Assembly Committee on Revenue
Description
For agenda and additional meeting information: https://www.leg.state.nv.us/App/Calendar/A/
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C
B
A
And
I
am
present
thank
you.
There
are
11
of
us
present.
That
means
we
have
a
quorum
I'd
like
to
welcome
everyone
watching
or
listening
over
the
internet
to
this
virtual
meeting.
Our
meetings
for
the
time
being
will
be
held
on
tuesdays
and
thursdays
in
this
format
only
regularly
scheduled
for
4
p.m.
On
tuesdays
and
thursdays,
some
housekeeping
before
we
begin
members
and
presenters,
please
mute
any
electronic
devices,
courtesy
and
respect
in
our
interactions
during
the
meetings
is
required.
A
Additionally,
courtesy
and
respect
when
working
with
staff
before
or
during
the
meetings
is
required
as
well
committee
members
will
be
using
laptops
and
possibly
other
screens
and
devices
to
participate
in
the
meeting,
virtually
also
to
view
exhibits
that
type
of
thing.
Due
to
this,
you
may
see
us
looking
away
from
the
screen
with
the
camera.
Please
don't
take
this
as
a
sign
of
disrespect
or
inattention
we're
just
trying
to
navigate
in
this
new
virtual
world.
A
As
a
reminder,
and
as
stated
on
our
agenda,
we
will
have
public
comment
which
will
occur
at
the
end
of
the
meeting
and
may
be
limited
in
duration.
Details
on
how
to
participate
during
public
comment
are
available
on
nellis,
which
you
can
get
to
on
the
legislature's
website.
People
who
wish
to
testify
or
or
attend
the
meeting
virtually
must
pre-register
online
on
the
nellis
page
and
registration
opens
when
an
agenda
is
posted
to
the
nevada
legislature's
website
upon
successful
registration,
registrants
will
receive
a
telephone
number
meeting
id
and
instructions
for
joining
the
meeting.
A
Support
of
a
bill
means
that
you
support
the
bill
as
written
or
along
with
proposed
amendments
that
have
been
approved
by
the
bill's
opposition
to
a
bill
means
that
you're
not
supporting
the
measure
as
written
or
not
supposed
not
supporting
the
measure
as
revised
by
an
amendment
that
was
also
approved
by
the
sponsor,
and
because
of
that,
you
can
love
a
bill
and
support
it.
But
if
you
have
any
little
tweaks,
you
want
anything
like
that
that
still
hasn't
been
worked
out
with
between
you
and
the
sponsor
that's
opposition,
but
feel
free.
A
During
your
testimony
to
let
us
know
that
you
love
the
bill
and
just
need
a
couple.
Tweaks
neutral
position
on
a
bill
is
when
you
offer
insight
on
the
measure
but
you're
expressing
no
position
on
it.
Please
note
also
that
everyone
on
the
video
is
a
presenter,
a
member
of
the
assembly
or
staff.
This
may
change
in
the
future,
but
for
the
sake
of
fairness,
all
support
opposition
and
neutral
testimony
will
be
taken
via
the
phone.
A
assembly,
bill
13
revises
requirements
related
to
certain
financial
reporting
by
the
state
controller
and
with
us
is
our
state
controller
catherine
byrne
and
chief
deputy
controller
lori
hoover.
So
I'll
ask
the
controller
and
the
chief
deputy
to
please
go
ahead.
C
Good
afternoon,
chair
assemblyman,
assemblywoman
cohen
and
members
of
the
assembly
committee
on
revenue
for
allowing
me
to
speak
today
about
this
nevada
state
controller's
office.
My
name
is
catherine
byrne
and
I'm
your
nevada
state
controller,
nrs,
title
18
chapter
227,
divines,
the
duties
and
responsibilities
of
the
state
controller
nrs,
title
31
chapter
353c
covers
the
collection
of
debts
owed
to
the
state.
The
controller's
office
has
41
authorized
full-time
positions
divided
into
four
sections
consisting
of
financial
reporting
operations,
debt
collections
and
information
technology.
C
The
financial
reporting
section
is
comprised
of
10
full-time
positions
headed
by
one
lead,
kaffir
accountant,
the
financial
reporting
activity
is
provided
to
a
broad
audience.
Municipal
bondholders
and
underwriters,
the
governor
and
legislators
and
the
public
are
provided
with
the
comprehensive
annual
financial
statement,
which
is
prepared
using
accounting
principles
generally
accepted
in
the
united
states
and
is
required
by
the
state
accounting
law.
C
The
state
must
follow
these
accounting
standards
and
standards
applicable
to
state
and
local
governments
issued
by
the
government
accounting
standards.
Board
states
are
required
to
produce
their
comprehensive
annual
financial
statements
in
conformity
with
these
standards
to
sell
municipal
bonds
and
attain
federal
funds.
Among
other
things,
the
kafir
is
required
to
be
included
in
the
single
audit.
A
single
audit
is
an
audit
of
a
schedule
of
expenditures
of
federal
awards.
C
Also
the
comprehensive
financial
statement
information
is
used
for
accumulating
comparable
historical
data
year
over
year
and
jurisdiction
to
jurisdiction.
The
cafe
is
essential
to
the
marketing
and
selling
of
state
bonds,
as
well
as
obtaining
federal
grant
monies.
C
The
state
control
prepares
the
popular
annual
financial
statement.
It's
also
called
a
paffer.
The
report
is
not
audited
and
the
paffer
is
a
report
with
financial
data
that
it's
extracted
from
the
kafir
and
it's
communicated
in
plain
language
and
is
designed
to
give
the
reader
an
overview
of
the
state's
finances.
C
The
refined,
the
financial
reporting
section
is
also
responsible
for
developing
the
state's
counting
policies
and
procedures,
assisting
agencies
with
accounting,
questions
and
issues,
the
approval
of
journal
vouchers
and
certain
transactions
posted
in
advantage.
We
review
and
enter
work
programs
from
the
budget
division.
C
C
They
are
applying
foreign
vendor,
backup,
withholding
and
they're
responsible
to
irs
information,
return,
notices
and
irs
levies,
system,
administration
and
financial
help
desk,
which
includes
maintaining
the
state's
financial
system
and
assisting
agencies
with
advantage,
testing
and
troubleshooting
security
for
advantage
and
third
party
check
writing
software,
including
user
setup
and
removal,
federal
grant
reporting,
which
includes
compiling
and
certifying
the
state's
single
audit
report.
We
train
agencies
in
grant
reporting
for
the
schedule,
expenditures
of
federal
awards.
C
We
assist
agencies
and
outside
auditors
to
resolve
single
audit
report
audit
findings
and
we
prepare
the
cash
mana
improvement
acts.
Annual
report
agency
services
also
processes
wires,
does
check
printing
counsels,
checks
and
reissue
processes,
agency,
work
programs
and
related
file
uploads
and
journal
vouchers.
C
They
process
deposits
and
wage
garments.
Then
they
set
up
chart
of
accounts,
including
budget
accounts
and
categories
for
federal
job
numbers.
Other
responsibilities
of
the
agency
services
include
completing
the
state's
monthly
bank,
reconciliation
and
processing
and
issuing
irs
form
1099
miscellaneous
that
is
applicable
for
applicable
payments
outside
of
the
vendor
or
inside
inside
of
the
advantage
system.
Excuse
me.
C
Third
section
I
want
to
talk
about
is
the
debt
collection
section.
Debt
collection
section
is
comprised
of
four
full-time
positions,
headed
by
one
chief
accountant.
The
debt
collection
section
is
responsible
for
collecting
debt
so
to
the
state
of
nevada
and
is
regulated
by
chapter
353c
of
the
nevada
state,
written
nevada,
revised
statutes
and
nevada
administrative
code.
C
C
C
C
A
Thank
you
controller.
I'm
not
seeing
any
questions
in
the
chat.
If
anyone
does
have
any
questions,
please
let
me
know
in
the
meantime,
I
do
have
a
couple
of
questions.
Thank
you
for
information
about
what
office
does
and
about
the
kafir.
A
Can
you
and
I
really
appreciate,
knowing
that
the
kafir
is
done
supposed
to
be
done
in
a
way
so
that
the
average
person
who
doesn't
have
an
accounting
background
can
understand?
A
Can
can
you
tell
me,
I
don't
know
if
you
track
this,
but
how
much
are
people
in
nevada
looking
into
the
kafir
and
then
reading
it
yearly
and
then,
if
so,
do
you
do?
You
know
why
most
people
who
are
who
are
interested
in
are
looking
at
it.
C
I
don't
know
the
actual
number
or
any
specifics
about
the
demographics,
but
my
usual
questions
come
from
the
residents
that
are
really
involved
in
the
state's
the
government
and
how
the
government
runs
in
the
state.
They
typically
will
will
get
a
cafe
every
year
and
they
may
have
questions
on
it.
We
will
have
questions
from
outside
outside
of
the
state
organizations
that
again
they
collect
this
information
year
over
year,
so
it's
comparable
data
from
state
to
state
and
in
the
state.
It's
it's
typically
just
used
by
other
auditors.
C
But
other
than
that,
as
far
as
the
general
population,
it's
very
uns,
it's
very
seldom.
Do
I
get
them,
have
questions
or
inquire
about
a
kafir
they're
more
it.
The
the
report
that
is
more
designed
for
general
population
is
the
popular
annual
financial
report,
but
you
are
the
kafir
is
kind
of
in
a
language
that
is
really
for
those
that
are
experts
in
you
know:
government
finances,
government,
finance
and
financial
accounting.
A
Thank
you
controller.
I'm
sorry!
I
was
a
bit
remiss.
I
should
have
also
reminded
you
to
make
sure,
for
the
sake
of
our
secretaries,
make
sure
and
state
your
name
before
speaking,
okay
and
and
then
I
do
have
another
question:
can
you
just
go
into
does?
A
C
Thank
you.
This
is
catherine
burns
state
controller.
The
bill
is
typically
is
just
covering
verbiage,
and
this,
the
verbiage
that
we
had
we
have
presented
has
also
been
well.
You
say
the
the
legislature
had.
Was
it
fiscal
that
they've
changed
the
wording
on
it
than
I
had
originally
had
so
we're
just
trying
to
clean
up
the
language,
and
it's
just
very
general,
so
it
doesn't
get
very
specific
when
we
name
the
reports,
if
they
could
change
and
and
standards
change,
do
you
want
to
add
to
that?
B
This
is
lori
hoover,
chief
deputy,
sorry
comptroller's
office.
We
the
I
don't
remember
quite
when
that
statute
came
about,
but
the
wording
that
was
in
there
is
based
on
old
names
of
reports
that
were
in
the
cafe
or
or
tables
or
statements,
and
so
the
goal
we
had
originally
started
with
changing
it
to
what
the
statement,
what
the
kaffir
state
now,
but
with
talking
with
the
lcv
analysts,
they
were
helpful
in
saying.
B
C
Yeah,
this
is
catherine
byrne
again
state
controller,
also
again
that
that
statute
was
old.
It
is
old
and
outdated,
so
the
statements
had
changed
dramatically
since
that
statute
was
written.
A
Thank
you
for
that,
and
just
for
the
sake
of
clarification,
I
think
that
would
be
we'd
more
properly
say
that
it
was
actually
lcb
legal
and
not
physical.
Thank
you,
provided
though
I
apologize
no
problem.
Okay,
thank
you
and
then
I
do
have
a
question
from
vice
chair
benitez
thompson.
A
Thank
you
so
much
and
thank
you
so
much
controller
for
your
overview
and
for
the
work
that
you
guys
do
on
this.
So
the
existing
kafir
report,
as
it
is,
is
just
over
200
pages.
So
I
was
just
wondering
it
sounds
like
this.
Language
change
is
just
changing
language
to
reflect.
What's
in
the
report
right
now,
but
as
we
look
at
that
report
in
the
information
that's
in
there,
would
there
be
anything
about
that
report
that
would
change.
C
The
report
is
prepared
in
accordance
with
the
government
accounting
standards,
so
they
give
us
a
lot
of
the
verbiage
and
it's
subjective
too
so,
but
we
leave.
C
We
have
guidance
on
the
verbiage,
but
generally
we
want
what's
in
there,
that's
relevant,
but
much
of
it
is
is
required
by
this
the
standards,
but
we
we,
you
know
we
just
want
in
there
what's
relevant,
so
we
don't
address
every
single
standard
because
some
of
it
isn't
relevant.
So
typically,
the
format
isn't
isn't
designed
by
the
state
government
itself.
A
C
B
Madam
controller
I'll,
try
to
make
this
quick
for
you.
What's
our
percentage
of
recovery
on
debts,
25
000
over
and
25
000
less,
and
I
want
to
make
sure-
are
the
state
agencies
turning
over
their
debts
to
you
like
they're
supposed
to,
if
I
understand
correctly,.
C
C
C
And
then
also
what
we
will
have
is
we
have
some
agreements
with
some
of
the
larger
agencies
that
they,
so
they
will
do
their
own
collections,
for
example,
dieter
and
the
department
of
taxation.
You
know,
they'll
have
their.
Who
else
has
mou?
C
B
C
C
You
know
we
have
collections
for
fund
101
and
then
we
have
collections
for
some
other
funds
and
typically
it's
it's
slightly
different.
What
you
know
the
percentage
it
gets
collected
for
different
types
of
receivables.
B
To
do
you
want
to
add,
I
know
this
is
lori
hoover,
chief
deputy.
What
I
was
going
to
say
is
yeah.
Unfortunately,
we
don't
have
a
lot
of
that
information
in
front
of
us.
We
can
try
to
get
to
those
percentages
if
later
send
them
through
to
that
school.
B
We
but
but
we're
right.
We
also,
we
also
limited
our
collection
efforts
through
the
major
part
of
the
pandemic,
simply
because
we
had
so
many
nevadans
out
of
work
yeah.
So
what
we
have
started
up
with
on
controller
burns
request
is
that
we
start
looking
at
large
dollar
value
accounts
that
are
coming
in,
so
anything
we
were
doing
over
25
000
that
are
coming
in
now,
we're
dropping
it
down
to
10
000
and
we're
trying
to
go
after
those
it
just.
B
A
Welcome
and
and
please
send
the
information
through
staff
and
we'll
make
sure
that
the
whole
committee
gets
it.
C
I
will
yes
I'd
like
to
give
you
as
much
katherine
burns
state
control
yeah.
We
would
like
to
give
you
as
much
data
as
as
you
need
that
we
have,
or
we
can
give
you
but
the
volume
of
it's
very
large.
So
we
try
to
get
more
specific
as
specific
as
we
can,
so
it
doesn't
get
so
convoluted
and
confusing.
So
it's
just
such
a
wide
swath
for
the
state
of
receivables.
There's
there's
just
you
can't
apply
one
process
or
one
story
to
any.
C
But
again
I
like
to
focus
on
more
current
debts
and
because
that's
when
we're
going
to
have
you
know
we'll
have
a
better
return
on
our
investment.
If
we
focus
on
stuff
that's
more
current
and
stuff,
that
is
larger,
you
know
large
amounts
and
we
need
agencies
to
assist
us
with
that,
because
we
will
need
it
and
we
need
to
know
the
debt
quickly
and,
yes,
you
as
legislators
could
help
when
it
comes
to
trying
to
collect
some
of
this
business
debt
out
of
a
business
and
industry.
C
And
then
the
last
thing,
I'd
like
to
add,
was
lauria
touch
on
a
little
bit
that,
yes,
when
we
are
during
this
pandemic
and
also
at
the
last
recession,
we
don't
get
as
assertive
and
aggressive
about
collecting,
as
we
would
normally
do
during
up.
You
know
better
economic
times
asking
people
to
pay
a
debt
after
I've
laid
them
or
we've
laid
them
off.
C
We
can't
pay
them
their
unemployment
and
then
they're
going
to
get
a
letter
from
me
asking
them
for
money
same
with
businesses.
We
asked
them
we've
out,
we've
had
them
sacrifice
so
much
and
then
for
me
to
come
in
later
and
ask
them
for
at
that
time
at
that
time
and
ask
them
for
money.
I
don't
think
that
improves
our
relationship
with
the
business
and
constituent.
A
Controller,
have
you
have
you
ever
used
amnesty
programs,
or
do
you
think
when
the
economy
picks
up
a
little?
You
might
use
an
amnesty
program
to
get
some
of
the
previous
debts
paid
and
let
people
clear
their
records
without
fines
and
the
possibility
of
loss
of
any
licensing.
Anything
like
that.
C
Thank
you.
Thank
you
for
that
question.
Catherine
burn
state
controller.
We
have
not
to
my
recollection,
we
have
not
used
any
kind
of
amnesty.
C
We
have
such
a
wide
variety
or
a
wide
swath
of
of
what
you
know
the
kind
of
revenue
that
people
owe
us.
You
know
from
medicaid
overpayments
to
a
return
check
to
you
know
a
fine
that
they
just
you
know
just
aren't
going
to
pay.
I
mean
that's
just
how
businesses
are.
I
mean
they're
available,
especially
with
fines
and
penalties.
I
mean
it's
it's
hard,
so
it
comes
to
establishing
relationships
and
we're
going
to
get
the
money
much
easier
that
way,
and
then
you
have
a
better
relationship
with
the
public.
A
Okay,
thank
you
for
that
and
and
for
being
cognizant
of
wanting
to
have
good
relationships
with
our
businesses
and
that
they
are
going
through
a
lot
financially
right
now,
as
are
many
of
our
citizens
with
that,
I
don't
think
I
see
any
other
questions
if
anyone's
out
there
no
hands
okay.
So
with
that,
I
think
we'll
go
to
support
bps.
If
you
can,
let
us
know
if
we've
got
anyone
on
the
line
for
support.
Please.
B
B
B
B-R-Y-A-N-W-A-C-H-T-E-R
on
behalf
of
the
retail
association
of
nevada,
we
just
like
to
thank
the
comptroller's
office
for
this
bill.
We
do
believe
that
it'll
make
for
a
more
efficient,
up-to-date
and
current
look
at
some
of
the
budget
concerns
that
we
think
should
be
influencing
the
legislative
conversation.
B
B
B
This
is
something
that
I
did
as
controller
many
times
when
the
standards
would
change,
we
needed
to
go
and
change
our
statutes
to
comply
with
the
standards.
So
that
way
we
would
have
a
kaffir
that
is
in
compliance,
that
the
bond
rating
agencies
would
use
and
it
would
be
in
conformity
with
generally
accepted
accounting
principles.
C
Thank
you,
assemblywoman
cohen.
No,
I
I
think,
I'm
I
was
glad
to
add
in
the
our
discussion
about
debt
collection
and
how
important
the
relationships
are
and
the
the
what
economic
times
we're
in
you
know
have
an
impact
on
collections
and
how
we
do
correct
so
that
I
just
want
to
say
thank
you.
A
A
Okay,
seeing
not
I'm
going
to
be
adjourning
this
meeting,
but
first
our
next
revenue
committee
meeting
somewhat
up
in
the
air,
so
please
keep
an
eye
out
for
that.
But
with
that
we
will
conclude
our
meeting
for
today
and
we
are.