1 BEFORE THE CALIFORNIA STATE BOARD OF EQUALIZATION 2 5901 GREEN VALLEY CIRCLE 3 CULVER CITY, CALIFORNIA 4 5 6 7 8 REPORTER'S TRANSCRIPT 9 APRIL 26, 2012 10 11 12 13 14 15 FINAL ACTIONS 16 D1 17 18 19 20 21 22 23 REPORTED BY: JULI PRICE JACKSON 24 CSR NO. 5214 25 26 27 28 1 1 P R E S E N T 2 3 For The Board Jerome E. Horton of Equalization: Chairman 4 Michelle Steel 5 Vice-Chairwoman 6 Betty T. Yee Member 7 George Runner 8 Member 9 Marcy Jo Mandel Appearing for John Chiang 10 State Controller (per Government Code 11 Section 7.9) 12 Joann Richmond Chief, Board 13 Proceedings Division 14 15 ---OOO--- 16 17 18 19 20 21 22 23 24 25 26 27 28 2 1 5901 GREEN VALLEY CIRCLE 2 CULVER CITY, CALIFORNIA 3 APRIL 26, 2012 4 ---o0o--- 5 MR. HORTON: Welcome back to the meeting of the 6 Board of Equalization. 7 Ms. Richmond, let's take up that last item. 8 ---o0o--- 9 D1 LOH SUN INTERNATIONAL, INC., 10 KENT LA, NANCY LA, AND JOHN LA 11 NO. 480989, 506428 (ET) 12 ---o0o--- 13 MR. HORTON: Members, discussion? 14 Hearing none, is there a motion? Okay. 15 MS. STEEL: I have motion. 16 MR. HORTON: Member Steel. 17 MS. STEEL: Okay. Adopt the staff 18 recommendations, but move to eliminate the liability of 19 John La and Loh Sun, that's my motion. 20 MR. HORTON: Okay. As stated, is there a 21 second? 22 Motion dies for lack of a second. 23 Subsequent motion? 24 MS. YEE: Move to redetermine. 25 MR. HORTON: Move to redetermine by Member Yee. 26 Second by Member -- 27 MS. MANDEL: Okay. 28 MR. HORTON: -- Mandel. 3 1 MS. MANDEL: You don't usually wait. 2 MR. HORTON: Second by Member Mandel. 3 Objection? 4 MS. STEEL: Objection. 5 MR. HORTON: Objection noted. 6 Ms. Richmond, please call the roll. 7 MS. RICHMOND: Mr. Horton? 8 MR. HORTON: Aye. 9 MS, RICHMOND: Ms. Steel? 10 MS. STEEL: No. 11 MS, RICHMOND: Mr. Runner? 12 MR. RUNNER: Aye. 13 MS, RICHMOND: Ms. Yee? 14 MS. YEE: Aye. 15 MS, RICHMOND: Ms. Mandel? 16 MS. MANDEL: Aye. 17 MS, RICHMOND: Motion carries. 18 ---o0o--- 19 20 21 22 23 24 25 26 27 28 4 1 REPORTER'S CERTIFICATE. 2 3 State of California ) 4 ) ss 5 County of Sacramento ) 6 7 I, JULI PRICE JACKSON, Hearing Reporter for the 8 California State Board of Equalization certify that on 9 *datetaken I recorded verbatim, in shorthand, to the 10 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 pages 1 13 through 4 constitute a complete and accurate 14 transcription of the shorthand writing. 15 16 Dated: JULY 6, 2012 17 18 19 ____________________________ 20 JULI PRICE JACKSON 21 Hearing Reporter 22 23 24 25 26 27 28 5