1 BEFORE THE CALIFORNIA STATE BOARD OF EQUALIZATION 2 450 N STREET 3 SACRAMENTO, CALIFORNIA 4 5 6 7 REPORTER'S TRANSCRIPT 8 JANUARY 21, 2015 9 10 PROPERTY TAX COMMITTEE 11 12 13 14 15 16 17 18 19 Reported by: Juli Price Jackson 20 No. CSR 5214 21 22 23 24 25 26 27 28 1 1 2 P R E S E N T 3 4 For the Board Jerome Horton of Equalization: Chairman 5 6 Sen. George Runner (Ret.) Member 7 8 Fiona Ma, CPA Member 9 10 Diane L. Harkey Member 11 12 Yvette Stowers Appearing for Betty Yee, 13 State Controller (per Government Code 14 Section 7.9) 15 Joann Richmond Chief, Board 16 Proceedings Division 17 18 19 ---oOo--- 20 For Staff: Benjamin Tang 21 Manager Property and Special 22 Taxes Department 23 24 ---o0o--- 25 26 27 28 2 1 450 N STREET 2 SACRAMENTO, CALIFORNIA 3 JANUARY 21, 2015 4 ---oOo--- 5 MR. HORTON: Ms. Richmond. 6 MS. RICHMOND: Would you like to take up 7 the Property Tax Committee? Or what would you -- 8 MR. HORTON: Yes, please. 9 MS. RICHMOND: -- like to take up next? 10 So, our next item is the Property Tax 11 Committee. Mr. Horton is the Chair of that 12 committee. 13 Mr. Horton. 14 MR. HORTON: Members, let us reconvene -- 15 let us convene -- the meeting of the Property Tax 16 Committee is hereby called to order. 17 Welcome to the Board. Please introduce 18 yourself for the record. 19 MR. TANG: Good afternoon, Mr. Chairman and 20 Members of the Board. My name, for the record, is 21 Benjamin Tang, with the County Assessed Properties 22 Division. 23 Before you now for consideration are 24 amendments to Property Tax Rule 308.6, Application 25 for Equalization by Member, Alternate Member, or 26 Hearing Officer. 27 The property tax rule amendments were 28 necessitated by statutory revisions to conflict of 3 1 interest provisions. The proposed amendments were 2 developed in an open process with interested parties 3 in an interested parties process. 4 I'm happy to report that there are no 5 outstanding issues. As such, staff respectfully 6 asks that the Board authorize publication of the 7 amendments to Property Tax Rule 308.6 and begin the 8 formal rulemaking process. 9 MR. HORTON: Members, let us note the 10 nonparticipation by Deputy Controller. 11 Is there a motion to take up item H.1 and 12 H.2 or your so desire? 13 MR. RUNNER: So moved. 14 MR. HORTON: Member Runner moves adoption, 15 a recommendation reducing Board adoption of unitary 16 values. 17 Second by Member Ma -- Ma, noting 18 nonparticipation by Deputy Controller. 19 Without objection, such will be the order. 20 Ms. Richmond, please continue. 21 MR. TANG: Staff respectfully requests that 22 the Board authorize publication of Property Tax 23 Rule 308.6. And staff is available to answer any 24 questions you may have. 25 MS. HARKEY: I thought we just did that. 26 MR. HORTON: Uhmm -- 27 MR. RUNNER: Didn't we just do that? 28 MS. MA: We just did that. 4 1 MR. HORTON: Member -- yes, we did vote. 2 Thank you very much. 3 MR. TANG: Thank you. 4 MR. HORTON: Okay. 5 ---o0o--- 6 7 8 9 10 11 12 13 14 15 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, JULI PRICE JACKSON, Hearing Reporter for 8 the California State Board of Equalization certify 9 that on JANUARY 21, 2015 I recorded verbatim, in 10 shorthand, to the best of my ability, the 11 proceedings in the above-entitled hearing; that I 12 transcribed the shorthand writing into typewriting; 13 and that the preceding pages 1 through 5 constitute 14 a complete and accurate transcription of the 15 shorthand writing. 16 17 Dated: FEBRUARY 3, 2015 18 19 20 ____________________________ 21 JULI PRICE JACKSON 22 Hearing Reporter 23 24 25 26 27 28 6