BEFORE THE CALIFORNIA STATE BOARD OF EQUALIZATION 450 N Street, Room 121 Sacramento, California REPORTER'S TRANSCRIPT OCTOBER 6, 2009 PROPERTY TAX COMMITTEE Reported by: Beverly D. Toms No. CSR 1662 1 1 2 P R E S E N T 3 4 For the Committee Michelle Steel Chair 5 Jerome E. Horton 6 Member 7 Bill Leonard Member 8 Betty T. Yee 9 Member 10 Marcy Jo Mandel Appearing for John 11 Chiang, State Controller (per Government Code 12 Section 7.9) 13 Diane Olson Chief, Board 14 Proceedings Division 15 Board of Equalization Staff: Dean Kinnee 16 Property and Special Taxes Department 17 Ladeena Ford 18 19 ---oOo--- 20 21 22 23 24 25 26 27 28 2 1 2 3 4 Sacramento, California 5 October 6, 2009 6 ---oOO--- 7 MS. YEE: Good morning. We will call today's 8 Board of Equalization meeting to order. And before we 9 get started, I would like to welcome our newest member 10 to the Board, the Honorable Jerome Horton. 11 And please give him a round of applause. He's 12 really -- 13 (Applause) 14 MS. YEE: He's going to be a terrific addition 15 to this Board and I think what I want to say to you, 16 Jerome, is welcome home to the Board of Equalization. 17 We also -- just let me announce to the staff 18 your colleagues and I have decided to host a reception 19 for you at the noontime hour in the Dronenburg room, and 20 we invite the staff to come down and meet Mr. Horton. 21 So, welcome. 22 MR. HORTON: Thank you. 23 MS. YEE: Ms. Olson, what do we have on tap? 24 MS. OLSON: Good morning, Madam Chair and 25 Members. The first item on today's agenda is Property 26 Tax Committee. Ms. Steel. 27 MS. STEEL: I call the Property Tax Committee 28 to order and we have only one item in our committee and 3 1 Dean Kinnee will providing us with a report. 2 MR. KINNEE: Good morning, Board Members. Dean 3 Kinnee with Property and Special Taxes Department. 4 Also with me here today is Ms. Ladeena Ford of our 5 staff. 6 Today we're asking the committee to recommend 7 to the Board offer to publish the proposed rules to 8 Property Tax -- Property Tax rules 191 -- I'm sorry, 9 192, 193 and 371. Staff proposed changes to these rules 10 as a result of Assembly Bill 550, Chapter 297, Statutes 11 of 2008, that made changes to Section 469 of the Revenue 12 and Taxation Code dealing with mandatory audits for 13 Assessor staff. 14 Staff disseminated to interested parties the 15 proposed changes, received only very minor comments 16 back. We've incorporated all those changes into the 17 rules before the Board that are attached to the issue 18 paper. 19 At this time we're not aware of any comments. 20 We're available to answer any questions staff -- the 21 Board may have of staff and as I'm sure the Board knows, 22 this just commences the official rulemaking process. If 23 the Board authorizes publication of this it would start 24 the rulemaking process. The rules would go out to 25 interested parties. They have 45 days to get comments 26 back and it would come back before the Board. 27 MS. YEE: Okay. 28 MS. STEEL: Thank you very much. 4 1 Any comments? 2 MR. LEONARD: Move adoption and publication. 3 MS. YEE: I'll second. 4 MR. HORTON: Second. 5 MS. STEEL: Wow. This is really good and fast. 6 Actually, it's not really perfect because I want to get 7 rid of all the mandatory audits all together, but -- 8 MR. HORTON: In that case I withdraw my second. 9 MS. STEEL: I accept yours, yeah. But with 10 Member Leonard making motion and Member Horton, thank 11 you very much for making the second, this motion has 12 been adopted and the motion passes. 13 And we conclude this Property Tax Committee at 14 this point. Thank you very much. 15 ---oOo--- 16 17 18 19 20 21 22 23 24 25 26 27 28 5 1 REPORTER'S CERTIFICATE. 2 3 State of California ) 4 ) ss 5 County of Sacramento ) 6 7 I, BEVERLY D. TOMS, Hearing Reporter for the 8 California State Board of Equalization certify that on 9 October 6, 2009 I recorded verbatim, in shorthand, to 10 the best of my ability, the proceedings in the 11 above-entitled hearing; that I transcribed the shorthand 12 writing into typewriting; and that the preceding 5 pages 13 constitute a complete and accurate transcription of the 14 shorthand writing. 15 16 Dated: November 3, 2009. 17 18 19 20 21 ____________________________ 22 BEVERLY D. TOMS 23 Hearing Reporter 24 25 26 27 28 6