►
Description
House Finance, Ways & Means Subcommittee House Hearing Room 3
A
B
A
You
very
much
and
again
good
morning
and
welcome
everyone
here.
Members
are
there
any
personal
orders
or
announcements
before
we
get
started,
seeing
none
all
right,
we'll
go
ahead
and
get
started.
We
have
10
items
on
our
calendar
today.
Item
number
one
is
going
to
be
house
bill
1038
by
chairman
hazelwood.
You
are
recognized.
C
A
A
Is
any
questions
on
the
amendment
see?
None.
Are
you
ready
to
vote
on
the
amendment
all
right,
we're
now
voting
on
amendment
3955
to
house
bill
1038,
all
those
in
favor
say:
aye
aye,
all
those
opposed.
No
the
eyes
have
it.
We
are
back
on
house
bill
1038
as
amended.
Are
there
any
questions
to
the
sponsor.
A
A
D
It
it
revises
a
provision
governing
allocation
of
sales
and
use
tax
revenue
to
certain
commercial
development
districts.
Now
I'm
reading
the
caption
on
this
and
in
economically
distressed
counties
by
clarifying
that
a
county
bordering
three
such
distressed
counties
for
purposes
of
the
allocation
must
have
ordered
at
least
three
such
counties
within
the
last
fiscal
years
of
16
through
17..
D
Those
of
you
who
said
on
this
committee
last
year
are
quite
familiar
with
this
and
have
heard
this
this
before
and
if
it
was
brought
to
me
by,
of
course,
speaker,
speaker,
sexton
and,
and
it's
relative
to
cumberland
county,
where
it
is
joined
by
three
three
distressed
counties
now
currently,
what's
what's
going
on
there
in
cumberland
county,
there
is
a
33-acre
retail
development
sign
off
of
I-40
downtown
crossville,
and
it's
it's
it's
actually.
The
the
property
is
actually
located
in
a
designated
opportunity
on
there's
eight
letters
of
intent.
D
Of
course,
we
want
to
develop,
get
this
property
developed
through
tip
financing
and
tax
increment
financing,
and
so
we
do
have
eight
letters.
I'm
back
to
my
point,
my
we
do
have
eight
letters
of
intent
from
national
change
that
are
ready
to
to
locate
there,
provided
they
can
get
this
developed
as
as
we
were
in
session
last
year,
the
senate
didn't
take
this
up.
So
here
we
are
again
I'm
back
in
front
of
you
asking
for
a
consideration
today
with
me
today
and
by
the
way.
D
D
A
Forward,
thank
you.
Chairman
keisling
remembers.
Any
discussion
question's
been
called
any
objection,
calling
the
question
hearing.
None
we're
now
voting
on
house
bill
1042,
maybe
going
to
full
finance
all
those
in
favor
say
aye,
all
those
opposed.
No,
the
is
house
bill.
1042
moves
to
full
finance.
Thank.
A
E
Under
current
tennessee
law,
only
a
vendor
may
seek
a
refund
of
an
overpayment
of
an
overpayment
on
sales
tax,
and
if
the
consumer
determines
that
there
has
been
an
overpayment
on
their
part
of
sales
tax,
the
department
cannot
interface
with
that
consumer,
and
so
what
this
legislation
does
is
gives
the
department
the
authority
to
work
with
the
taxpayers
when
they
feel
like
they've
overpaid,
on
a
on
sales
tax
and
mr
chairman,
if
it's
appropriate,
this
is
a
as
all
things
with
department
of
finance
are,
can
be
a
little
technical
there's,
someone
from
the
department
that
would
speak
on
the
bill.
A
C
A
F
Courtney
swim
director
of
legislation
with
the
department
of
revenue,
so
this
would
be
more
applicable
to
some
more
complicated
transactions
for
like
computer
software
or
industrial
machinery,
where
the
taxability
of
the
item
is
really
in
dispute,
and
so,
let's
say
a
business
purchases.
A
large
piece
of
industrial
machinery
and
the
dealer
collects
sales
tax
on
that.
But
later
it's
determined
that
that
item
could
have
been
purchased
under
the
purchaser's
industrial
machinery
sales
tax
exemption.
F
C
And
do
we
have
any
idea
of
frequency,
or
is
this
a
common
occurrence
or.
F
It's
not
a
common
occurrence
that
we're
aware
of
the
fiscal
note
on
this
is
not
significant.
I
believe
there
is
a
threshold
here
that
the
sales
tax
being
refunded
would
have
to
exceed
one
thousand
dollars
to
be
able
to
follow
this
process,
so
it
would
be
those
larger
transactions,
but
we're
not
aware
of
this
being
a
significant
issue
right
now,.
G
Thank
you,
mr
chair
and
ms
swim.
Thank
you
very
much.
You
use
an
example
of
industrial
purchase
agricultural
purchase
as
well.
If
someone
is,
and
then
it's
later
deemed
that
they
should
not
have
paid
sales
tax
on
a
particular
item
to
operate
their
their
farm,
then
then
that
is
something
they
could
apply
directly
to
to
the
department
of
revenue
to
see
that
those
funds
return
to
them.
That's.
F
Correct
the
bill
does
have
a
couple
of
requirements
like
I
said
that
sales
tax
and
dispute
must
exceed
one
thousand
dollars
and
they
have
to
go
to
the
dealer
and
first
request
that
the
dealer
request
the
refund
directly
from
us.
And
if
that
dealer
refuses
or
fails
to
follow
through
to
request
the
refund
from
the
department,
they
would
have
to
document
that
and
then
apply
with
us.
C
And
I
apologize,
I
haven't
read
to
know
this,
but
is
there
a
timing?
You
said
if
I
can
go
if
I've
made
one
of
these
purchases
and
I'd
feel
that
I
shouldn't
have
paid
the
sales
tax
or
that
amount
of
sales
tax,
and
I
go
back
to
the
dealer
and
I
request
it
if
they
refuse
or
don't
follow
through,
then
I
can
go
directly
to
the
department.
Is
there
a
time
line
in
there
that
I
have
to
give
the
dealer.
F
C
A
A
A
I
I
am
really
coming
to
you,
like
a
county
commissioner,
in
a
way
asking
for
a
little
bit
of
help
on
the
fee
paid
to
collect
local
option
sales,
tax
questions
raised
by
county
commissioners
and
discussed
at
their
recent
bill
review
last
week,
and
they
are
strongly
supporting
this
bill.
Concept
of
the
bill
has
been
around
more
than
six
years
deals
when
sales
tax
is
collected,
department
of
revenue
keeps
for
administrative
cost,
.01125.
I
Of
the
amount
collected
as
local
tax
sales,
tax
collections
have
been
on
the
increase
and
let
me
give
three
different
years:
2016
to
2017
local
option.
The
sales
tax
was
8.5
billion,
2019
2020
9.6
billion
2021
2022
year
was
10.3
billion
estimated,
while
the
collection
fee
on
the
local
option
part
has
remained
at
1.125.
I
I
Two
more
facts.
Last
session
this
bill
in
the
house
was
1193.
We
never
got
to
it.
The
physical
note
was
17
million
949
thousand
four
hundred
dollars
the
physical
impact.
This
year's
bill
is
20
million,
186
thousand
five
hundred
dollars,
but
I'd
offer
to
you.
This
is
a
wash.
This
is
local
options,
sales
tax
money
being
collected
and
should
be
remaining
with
cities
and
counties
as
they're
collected
local
option
sales
tax.
Let
me
give
you
then
some
to
where
the
rubber
meets
road.
Mr
chairman
hawkins
county.
I
Leader
camper,
this
is
a
2
million
130
200
no
triple
o's,
2
million
139
000
to
shelby
county.
Let's
see
ogles
williamson
county
921
thousand
675.
I
The
lows
that
I
have
here
I
think
I
gave
one
twenty
eight
hundred
and
seventy
dollars
van
buren
is
four
thousand
hundred
sixty-five
165.
What
I'm
asking
is
that
you
consider
this
bill
and
pass
this
out.
A
G
I
G
And
chairman,
if
I
could
as
we're
having
the
discussion,
I've
got
a
couple
bills
dealing
with
sales
taxes
as
well,
and
and
as
you
talk
about
administrative
costs,
the
retail
establishment
itself
used
to
have
what
was
called
vendors
compensation
where
they
could
deduct
two
percent
of
what
sales
taxes
they've
collected
up
to
up
to
fifty
dollars.
G
It
was
on
the
first
250
dollars
of
collected
sales
tax,
so
business
used
to
have
that
that
administrative
fee
left
within
back
in
the
the
income
tax
days,
the
sales
tax
days
20
years
ago,
the
the
concerns
that
it
came
up
at
that
time.
Vendor's
compensation
has
gone
away
so
that
administrative
fee
was
removed
from
the
businesses
themselves.
So
certainly
have
sympathy
with
this
particular
issue,
and
I've
got
another
bill
dealing
with
swipe
fees
and
credit
cards
as
well
as
how
the
sales
taxes
are
affected
by
that.
G
J
Thank
you,
mr
chairman,
and
appreciate
you
bringing
this
bill.
If
I
understand
correctly-
and
you
can
correct
me
if
I'm
wrong
right
now,
the
state
is
keeping
1.125
percent
of
the
locals
portion
for
just
processing
it
and
sending
it
back
to
them,
and
this
bill
would
reduce
that
to
0.5
percent.
Is
that
correct.
J
That's
you
know,
helping
the
the
locals
keep
more
of
what's
supposed
to
be
in
their
pockets
anyway,
makes
a
a
lot
of
sense
to
me.
Obviously,
I
would
think
the
if
the
department
of
revenue
has
been
keeping
this
for
administrative
costs,
then
there's
a
concern
on
their
side,
but
you
know
we'll
certainly
like
to
hear
more
from
them
at
another
time,
but
I
appreciate
you
clarifying
that.
Thank
you.
K
Ogles,
thank
you
chairman,
and
to
the
sponsor.
I
appreciate
the
the
very
detailed
presentation,
the
one
number
I
don't
see,
and
I'm
reading
from
my
piece
of
paper
here
I
see
this.
This
has
been
flagged
for
the
fiscal
impact
by
the
administration.
K
But
what
is
the
true
administration
calls
to
the
department
of
revenue
for
processing
this
money?
Do
we
have
a
on
the
fiscal
note?
Do
we
have
a
true
cost,
or
so
we
can
break
down
what
how
much
money
is
actually
going
back
to
the
general
fund
versus
what
the
true
cost
to
the
state
is
for
processing
these
monies
and
that's
my
question.
Thank
you.
Sponsor.
I
I
K
Representative
ogles,
thank
you
chairman,
and
I
appreciate
that
number,
but
is
that
as
just
a
subjective
number,
that's
something
that
we've
created
moving
from
1.125
to
0.5.
Does
that
0.5
cover
the
cost
of
the
state,
because
I'm
I'm
all
for
reverting
the
money
back
to
the
locals,
that's
the
money
they
collected.
I
think
that
money
should
go
to
them.
However,
we
need
to
substantiate
the
cost
to
the
state
of
tennessee
for
the
processing
of
that
information.
I
I
I
L
I
I
think
it's
clear
though
there
is
a
cost
to
the
state
to
administer
this.
We
definitely
would
have
to
look
at
what
the
real
costs
are
for
the
state
to
administer
this
because
I'm
sure
there's
sometimes
when
they
may
send
their
report.
They
may
send
their
money
and
then
there's
follow-up
work.
That
needs
to
be
done
and
things
reconciled
and-
and
things
like
that,
so
I
don't
think
it's
as
easy
as
pushing
a
button.
L
I
think
there
are
some
steps
there
and
and
things
that
happen
where
the
state
needs
to
employ
people
to
research
matters
with
the
various
governments
and
and
and
we
need
to
be
compensated
for
that
research
because
it
probably
comes
by
request
of
the
local
government,
not
necessarily
the
state
government,
pursuing
a
question.
J
Mr
chairman,
and
I
think
the
points
that
have
been
raised
most
recently
are
very
valid
points
and
I
think
another
point
to
be
considered,
as
that
is
looked
at,
is:
is
there
value
in
letting
the
locals
stop
sending
that
money
in
their
portion
of
it
in
to
only
be
sent
back
to
them?
Is
there
a
reason
that
that's
being
done?
Why
are
we
double
handling?
I
don't
know
enough
about
that.
To
know
that's
why
I
would
ask
that
question.
I
think
that's
just
something
to
consider
in
the
whole
mix
of
things.
Thank
you.
A
L
Oh,
thank
you.
The
way
the
state
collects
sales
taxes
is
through
an
online
portal
called
10tap
and
what
they
do
is
the
the
taxpayer
or
the
business
pays
their
state
and
local
portion
at
one
time
through
10tap,
and
we
given
reports,
you
know,
usually
it's
our
system
generated
reports
that
prove
our
tax
collections,
and
so
you
know
those
things
are
taken
in
and
reviewed
and,
of
course,
the
locals.
Then
their
money
is
remitted
to
them.
So
it's
the
taxpayer
who's,
paying
all
the
money
to
the
state
and
then
the
state.
L
A
Thank
you,
representative,
lynn,
later
gant
question
on
the
bill.
All
right,
actually
we're
not
going
to
vote
on
it
because,
as
it
already
has
been
called,
we
there
is
a
fiscal
impact
and
quite
a
substantial
fiscal
impact.
But
so
the
fate
of
this
bill
is
it's
going
to
go
behind
the
budget.
But,
as
you
see,
I
think
you
you
can
very
well
see
that
there's
a
lot
of
interest
in
this,
and
so
while
there
is
still
some
work
to
be
done,
it
does
have
that
cost
associated
with
it.
A
M
You,
mr
chairman
and
committee,
what
this
bill
is
aimed
at
doing
is
exempts
from
the
state
and
local
sales
tax,
the
sale
of
coins,
currency
and
bullion
manufactured
in
whole
or
in
part
from
gold,
silver,
platinum,
palladium
or
other
material
used
solely
as
legal
tender,
security
or
commodity
in
this
or
another
state.
All
right.
M
We
have
a
motion,
a
second
go
ahead
and
continue,
and
what
I
submit
to
the
committee
to
consider
here
is
that
gold
and
silver
are
actually
investments
by
many
tennesseans
and
and
if
you
look
at
other
investments,
we
don't
pay
sales
tax
on
other
investments
that
we
all
invest
our
money
in.
So
so
I
present
to
you:
why
do
we
tax
gold
and
silver
and
other
precious
material
as
as
tennesseans,
invest
in
these
materials?
N
N
N
Another
approach
would
be
to
invest
in
gold
and
silver
without
ever
actually
physically
holding
it
through
some
kind
of
exchange
traded
fund,
so
that
you're
essentially
buying
gold
you're
not
having
it
sent
to
you
it's
it's
being
held
by
by
another
entity.
Another
approach
would
be
to
buy
an
index
fund.
That's
comprised
of
companies
that
that
mine
gold-
I
guess
what
I'm
wondering
is-
is
there
well,
I
guess
my
first
question
is:
is
it
possible
to
buy
gold
in
an
exchange-traded
fund
in
the
state
of
tennessee
without
paying
the
sales
tax?
M
Representative,
that
is
above
my
pay
grade,
so
I
would
not
begin
to
even
try
to
expound
on
that.
There
may
be
another
member
that
is
versed
in
that
commodity
or
investment
exchange,
but
I
can
get
you
that
answer,
but
I
do
not
have
the
answer.
N
To
that,
thank
you.
It
doesn't
really
affect
my
position
on
the
build
up.
I
was
just
wondering
if
this
would
be
another
option
for
investors
so
that
they
could
possibly
avoid
the
state
sales
tax,
but
I'm
not
sure
how
the
state
taxes
again,
exchange,
traded
funds
or
index
funds
comprised
of
gold
or
silver
or
other
precious
metals.
G
Thank
you,
mr
chairman,
and
forgive
me
for
being
so
chatty
this
morning.
I
don't
mean
to
be.
I
think
it's
very
important
that
the
fiscal
notes
that
we've
got
on
this
particular
piece
of
legislation.
There
is
quoted
other
fiscal
impact
and
though,
although
it
is
not
quantified,
there's
not
a
dollar
figure
associated
with
that.
What
this
bill
would
would
or
could
directly
affect.
A
coin
show-
and
we've
talked
about
this
for
four
years
with
representative
hulsey
and
now
representative
gant
is
bringing
the
bill
as
well.
G
The
potential
of
having
a
coin
show
in
each
grand
division
is
going
to
more
than
make
up
for
the
478
thousand
dollar
fiscal
note
that
that
is
on
the
note.
So
we've
had
this
discussion
in
in
in
this
committee
for
the
last
four
years
at
least
about
what
what
constitutes
a
trade-off.
All
right.
G
We've
got
a
fiscal
note
that
that
affects
us
in
a
loss
of
sales
tax
to
the
tune
of,
as
I
said,
the
the
478
thousand
dollars,
but
are
we
going
to
recoup
that
by
three
four
five
ten
coin
shows
that
we
could
locate
into
the
state
of
tennessee.
So
that's
certainly
the
challenge
that
this
committee
has
in
into
to
quantifying
the
actual
value
of
this
legislation.
G
A
Seeing
none
later
again,
I
know
that
you
have
been
working
on
this
as
well
as
as
representative
hulsey
and
a
couple
others
for
I
think
at
least
two
years.
I
can
remember
that
you
guys
have
been
working
on
this,
so
I
know
you're
going
to
continue
to
work
on
it,
as
it's
already
been
mentioned.
Of
course,
there
is
a
cost
associated
with
it.
So
I
think
we
all
know
the
fate
for
for
today,
but
with
any
closing
comments
from
you
before
we'll
make
that
ruling.
M
No,
mr
chairman,
I
I
appreciate
you,
let
me
present
and
I'll
try
to
answer
representative
baum's
question
as
well
as
we
go
forward.
A
M
You,
chairman
and
committee
what
this
legislation
does.
Is
it
exempts
smokeless
nicotine
products
from
the
tobacco
wholesale
tax?
This
bill
simply
clarifies
that
any
nicotine
product
that
has
no
tobacco
in
its
composition
is
not
subject
to
the
tennessee
6.6
otp
tax,
which
is
obviously
other
tobacco
products
for
the
otp.
A
You
later
again,
any
discussion
on
house
bill
515,
seeing
questions
have
been
called
injection,
calling
the
questions
seeing
none
we're
now
voting
on
house
bill,
515,
moving
on
to
full
finance,
all
those
in
favor
say
aye,
all
those
opposed.
No
the
eyes
have
it
house
bill.
515
moves
to
full
finance
item
number
seven
on
our
calendar
is
going
to
be
house
bill
131
by
chair
lady
hazelwood,
chair
lady.
You
are
recognized.
C
Thank
you,
mr
chairman,
as
you
all
know,
tennessee
companies
underground
utility
and
energy
companies
routinely
and
to
the
benefit
of
our
state,
construct
new
infrastructure,
doing
that
through
the
use
of
third-party
contractors
who
perform
real
property.
We.
C
K
A
A
We
are
now
on
item
eight
on
your
calendar
house
bill
85
house
bill
85
has
been
requested
to
be
rolled
one
week,
so
without
objection
house
bill
85
rolled
one
week,
item
number
nine
on
our
calendar
is
house
bill
367
by
chairman
williams,
so
you're
recognized.
Thank
you
chairman
and
members
house
bill.
We
have
a
motion.
Second,
please
continue
the
brief
description.
Thank.
O
You
house
bill
367,
this
body
had
before
them
last
year
and
we
passed
in
the
house,
but
the
senate
didn't
get
to
the
bill,
but
this
bill
would
create
a
new
definition
for
the
word
or
the
term
and
the
use
of
micro
market,
which
is
technically
an
unmanned
store
that
would
be
housed
in
usually
in
places
of
business
like
industrial
facilities
and
the
like.
So
employees
can
purchase
goods
and
services
for
their
meals
that
they
would
have
there.
O
It
also
allows
for
those
entities
to
be
able
to
file
one
report
with
the
department
of
revenue
instead
of
having
to
file
a
report
for
every
individual
location
they
have
across
the
state.
With
that
chairman,
I'm
happy
to
answer
any
other
questions
you
might
have
all.
A
O
You,
chairman
of
members,
this
house
bill
141,
is
an
administration
bill
in
regards
to
entertainment,
tax
exemption
and
tax
credits
annually.
You
have
a
motion
to
second
annually.
The
the
general
assemblies
in
the
past
funded
entertainment,
film
grants
to
industry.
O
O
Another
cap
would
be
that
you
could
not
utilize
those
tax
credits
for
longer
than
15
years.
There's
also
a
higher
tax
credit
for
those
tier
tiered
locations
across
the
state
to
try
to
encourage
others
to
to
do
filming
in
our
more
distressed
areas.
As
it
relates
to
transparency.
There
would
be
the
department
of
revenue
will
include
a
report
in
their
annual
tax
credit
report.
They'll
also
have
a
four-year
tax
tax
credit
evaluation
done
through
ecd.
O
N
Thank
you,
chairman
hicks.
I've
had
a
couple
of
people
suggest
to
me
that
tax
credits
are
less
transparent
than
I
guess
the
grants
is
there.
Okay,
I
guess
my
first
question
is:
is
that
is
that
true,
and
if
it
is,
is
there
some
way
that
we
could
require
reporting
so
that
the
tax
credits
would
become
as
transparent
as
the
grant
process
has
been?
O
Chairman
baum,
thank
you
for
that
question,
as
it
relates
to
the
transparency
of
how
we
were
doing
it
before
those
grants
were
done
and
the
legislature
approved
the
dollars
that
were
spent.
The
ecd
would
then
distribute
those
moneys,
much
like
they
would
do.
Broadband
grants
or
any
other
ones,
and
so
ecd
was
doing,
was
transparent
in
the
way
in
which
they
spent
those
dollars.
O
I
will
say
most
of
these
monies
because
of
it
is
a
reimbursement
on
their
investments
into
our
state
that
the
actual
reimbursements
or
tax
credits
wouldn't
begin
for
another
couple
of
years,
and
so
I
think
we
have
an
opportunity
here
to
not
fund
with
first
dollars,
which
I
think
is
a
really
important
component
of
of
what
we're
doing
here.
I
hope
that
answered
your
question.
H
Tennessee
have
been
a
position
where
we
have
lost
the
opportunity
to
do
or
expand
our
film
industry
here,
and
a
lot
of
it
was
because
of
how
we
incentivized
for
companies
to
come
here
and
actually
do
their
film
tv
production
and
it
put
us
at
a
competitive
disadvantage
with
other
states,
and
so
we've
been
trying
to
get
the
administration
ecd
to
try
to
look
at
another
creative
way
to
bring
the
industry
here,
and
I
do
see
this
as
a
first
step
in
trying
to
move
in
that
direction.
H
What
this
would
do,
I
believe,
is
give
us
an
opportunity
to
build
that
infrastructure
to
hire
more
people,
get
more
people
trained
on
how
to
do
this
work.
So
I
do
think
this
is
a
step
in
the
right
direction.
So
I
support
the
bill
and
I
appreciate
you
know
ecd.
You
know
trying
to
come
up
with
another
way
to
to
bring
industry
here.
H
H
How
do
we
train
people
for
these
jobs
so
that
the
jobs
do
stay
here
and
we
can
get
more
film
industry
type
production
work
done
here
and
like
in
memphis,
so
many
movies
about
memphis
but
they're
doing
the
work
in
atlanta
and
and
other
places
and
we'd
like
for
them
to
do
it
here.
So
I
support
your
bill
and
I
hope
that
we
can.
You
know,
move
this
forward
and
get
more
people
here
in
the
state
trained
to
do
this
work.
H
So
there's
our
constituents
that
are
doing
this
work
and
they're
not
bringing
people
from
hollywood
and
other
places
here
to
actually
do
the
work,
so
our
people
will
be
trained
in
working
on
these
productions
here
in
the
state
of
tennessee.
Thank
you,
mr
chairman,
mr
sponsor.
O
O
They
currently
have
a
department
that
is
delivering
degrees
and
animation
for
their
for
their
students,
and
so
those
students,
because
of
programs
like
this
they're
able
to
retain
those
students
and
they'd,
be
able
to
stay
here
in
tennessee
and
invest
in
their
communities
and
still
stay
a
part
of
our
of
the
industry
here
without
having
to
go
to
california
or
florida
or
georgia
or
any
of
the
other
states,
and
so
they
were
really
excited
about
the
opportunity
of
doing
that,
because
we
were
actually
giving
a
place
for
their
students
to
go.
J
Thank
you
chairman.
I
do
support
the
idea
of
offering
tax
credits
or
tax
rebates
versus
some
kind
of
a
grant
for
a
business
like
this,
and
I
obviously
the
foregone
revenue
is
revenue.
We
don't
have
it's
not
something
we're
getting
right
now,
so
this
is,
there
will
be
ancillary
businesses
and
and
benefits
to
this,
that
we
will
see
sales
tax
generated
from.
I
think
everybody
on
the
committee
knows
that
and
recognizes
that.
J
One
question
that
I
have
noted
on
the
fiscal
note
is
that
allowing
these
applicants
to
file
their
f
e
taxes
jointly
could
increase
the
amount
of
f
e
tax
credits
used
by
the
film
production
industry.
I
don't
know
what
that
really
refers
to
about
having
them
file,
joint
tax
credit
applications
but
or
f
and
e
tax
filings.
But
do
you
know
anything
about
that?
Can
you
address
that?
For
me.
O
Yes,
sir,
I
think
I'm
gonna,
I'm
gonna,
look
for
the
nod
in
case
I
miscommunicate.
We
may
have
to
go
to
a
session
to
do
that,
but
it's
my
understanding
that
a
company
like
nbc
might
have
two
or
three
things
they
wish
to
do
in
the
state.
It
allows
them
to
be
able
to
file
one
report
as
it
relates
for
all
their
entities
for
tax
filings.
If
and
I'm
looking
for
a
nod,
I'm
not
getting
one.
So
maybe
we
should
go
out
of
session.
Let
him
answer
yeah.
O
A
P
Committee,
I
appreciate
the
time
grant
menchu
director
of
legislation
with
ecd.
Just
the
one
point
of
clarification,
the
credit
when
they
combine
when
they
file
combined,
it
would
be
unique
to
one
production.
So,
instead
of
where
chairman
williams
said,
they
would
have
several
productions
file
combined,
it's
more
of
a
vertical
situation
where
maybe
nbc
is
owned
by
comcast,
and
they
would
file
combined
to
ensure
that
this,
you
know,
they're
all
a
part
of
the
same
essential,
the
same
entity
that
they
they
file
combined.
Under
that
structure,.
P
Actually,
sir,
I
clarified
this
morning
that
the
estimates
used
in
a
fiscal
note
were
we
were
we
considered
the
fact
that
they
would
be
filing
combined
within
that
situation?
Does
that
make
sense
it
does?
It
does.
A
All
right
members,
any
other
questions
for
our
guests,
not
seeing
none.
Thank
you.
We'll
go
back
in
session.
Further
discussion
on
house
bill.
141
questions
have
been
called
an
objection,
calling
the
question
seeing
none.
We
are
now
voting
on
house
bill,
141,
moving
on
to
full
finance,
all
those
in
favor
say
aye,
all
those
opposed.
No
the
eyes
have
it
now
spill
141
moves
to
full
finance.
Thank.