Revenue & Tax - Senate

Mr JMPD is our vice chair jim if you would just kind of a give us a little detail of the your background where you've been and then after that we're going to go to center call welded to do introduction Senator Dismang. And just crossed the table back and forth. Thank you again jim petty I am from district twenty nine which is all of Crawford County and the southern and a little bit of eastern portion of up Washington County my background is in accounting I have a CPA or refer to myself as a recovering CPA I'm not on the on the prior on the public side anymore and I have a business of real estate development construction business back home and being your. Super cold. Ronald Caldwell from district ten eleven we in a have cover in all parts of the gross Jackson Poinsett Woodroof mon row leash at France's prairie Arkansas lone oak county Senator Rice not debate on who has the most acres the end in our districts and he and I have the largest this state Senate districts in the state of Arkansas. Thank you thank you senator Senate dismay at Jonathan Dismang as Senate district eight that's all of White County southern Cleburne into small portion of our. Hey John Payton from Auburn Arkansas District twenty two it covers from he responds to walnut region from Pleasant Plains to hearty thank you. Thank you. Blake Johnson district twenty one that's pretty much Northeast Arkansas farm and and this is my service. Steve Kroll District three I have Columbia Lafayette and beta Clark most of Hempstead half of pike a little hot springs I have rentals injuries. Tyler these district thirty five which is northwest Arkansas western Benton county west washing county on the border of Oklahoma Missouri and a happy to be here I I work for Simmons foods poultry company and and honor to be on this committee with the. Great thank thank thank you will also I'd like to introduce our staff well Brandon Smith he's our committee and analysis and the recent Max will she's a helps help Sam joint winner over at the bureau she is actually the committee attorneys so I don't believe she's in here today but she we have issues or things like that she does help us with those of the next item is going to be before us also is the rules if everybody take a few minutes to look over the rules and the. We'll see if we have any questions if not we'll have a motion to adopt those. Hey there any any questions on the rules all in favor say aye opposed Like sign here none will concede will consider those past just to let everybody know whenever we get done every day will have the staff of course will have the bills in the in the in the folders be sure and leave those at the tables whenever we leave final sometime we'll pick him up and carry it with us if you do happen to do that just try to bring them back as soon as you can but if we could let's try to make sure we leave them here of the way that Senate Revenue and Tax Committee were scheduled to meet on Wednesdays at ten AM Fridays at ten always in this room unless there someone's unforeseen circumstance so would just plan on on doing that of course we know that some time on the Friday meetings that we won't have those also the way that the rules are the way that we just passed him and everything. Of course and I think I've talked to everyone of you what you all in here and that kind of an agreement that you know everything that we do has to have a revenue impact statement so before will even consider putting it on on the agenda we have to have that now it's going to be the intent of this of the leadership and of the of this body right here is that will give a little bit of leeway because we all know the education bill that we're kind of waiting on will more than likely we would assume have a fiscal impact on it from everything that we hear we don't know that yet the also the prisons as far as the yearly amount of annual operating on that we want to get a good hold on that before you know we start to proceeding to four with actually passing anything that's going to you know affect the tax revenue intended until we kind of get that basis for cash flow so that's going to be kind of the way that we operate there at this time I'd like to introduce secretary Walter with the FNA just so he can give us a brief little input about itself and then yes Sir the bill by the end of the table and then you can introduce your team. For the new members here we work very closely in this committee with the FNA you know they're kind of the backbone of all of our financial processes within the state. Secretary Walter you're recognized whenever you're ready Sir. Thank you Mr chairman I'm Larry Walter by the way I'm from Ashley County some of about the only one from Southeast Arkansas around here I'm kind of disappointed when you know we're around the room we didn't have representation and I've been. Transposer peer to Pulaski County for the last few years I guess some more Klasky now that I am actually I'm the secretary the department finance administration and this committee along with the House Revenue and Tax are really very important committees to DFA and to our team we work very closely with this organization look forward to continuing that I have with the all gearing and Charlie Collins who had a legal and then the revenue commissioners I'd like for Charlie to start was in addition your to the. Thank you very much Mr secretary it's a pleasure to be here again I'm Charlie Collins on the Commissioner revenue what I did was I ask all of my managers in the tax section for the state of Arkansas to come today and what I'm gonna do is I'm gonna go through R. three units that we have in tax and introduce everybody suffers with the income tax folks stand up for me and Paul I apologize at the rate behind you so in an income tax were divided into two groups individual income tax and corporate income tax so autumn Hemphill she is in charge of all income tax and then our manager over individual income taxes Judy Bowers in our manager over corporate income tax is Scott fryer in so together we've got seventy five years of experience between those folks they know this stuff very very well and and we look forward to working with you but that is the entire management team of income tax next I'd like to go to our sales and miscellaneous taxes. So if the folks from sales miscellaneous would stand up here I do not have the entire team the boss of the group is Deanna Munns Smith at Reser Han please stand and she is got a lot of experience with the FNA she worked in audit for many many years prior to moving into sales of miscellaneous tax with her it is Devin Toney Devon is the boss of tax credits so anytime we do tax credits she's keeping track of that the questions Senator Hickey who's keeping track of the ETC credits she has a ten year document that tracks the modification of six hundred eighty four million dollars so every nickel where is it and then every year legislative audit audits of her and her team on that the biggest section in this group is sales tax drew Smith many of you know on he's not able to make this meeting the other taxes are under time. Todd is over a plethora of different taxes think marijuana tax cigarette tax Senator Hickey the the tire fees all of those things are in tight shot. Next what I'd like to do is ask Eileen and her team to stand up. I lean leads are did you raise your hand Eileen Eileen leads are audit groups of field audit located around the state and they audit businesses as well as individuals across all tax types out in this state I lean has five managers that are out in the field those managers are here but the rest of her leadership team is rob Allen rob if you to raise your hand he is a a number two over there prior to that promotion he did all the fiscal impacts in income tax so one of the things is enabling us to do is broaden out our capabilities on that and then we also have a mandolin who recently joined us from the attorney general's office she's got a strong legal background with with the FNA and then also with the Attorney General and she's gonna be able to really assist our auditors as making plans and approaches for how we do things so with that Larry thank you very much. All. Good morning committee Mister chair my name is Paul hearing on the sister revenue commissioner for the department of finance administration I am the administrator for the office of revenue legal counsel and I'd like to have a to the members of my staff stand up once I will several law Clerk or to. on the right breeder handed that Stephen **** C. is that he recently joined our office he is a third year law student at the university of Arkansas school of law and he has it's going to be assisting with our in doing bill analysis during this current session Next to Stephen is Alicia Austin Smith she is our chief counsel so she is the primary person that oversees the attorneys that work in the Revenue Division of BFA and into her right is Keith lender he is one of our supervising attorneys and one of our litigators they handle our tax litigation on behalf of the FAA I keep will also be working on legislative issues during the session thank you you can have a seat. I saw are revenue lift division attorneys they work in conjunction with the tax administrators on the fiscal impact statements that we will be filing throughout the session on any bills that affect the revenues of the state or DFA. just wanna make a few comments about that process when a bill is filed at the General Assembly we are constantly reviewing every single bill or amendment that gets file to see if a fiscal impact statement will be needed it immediately is is assigned to administrator and to revenue legal counsel or possibly over to the assessment coordination division we work very quickly to get those fiscal impact statements completed and sent over to be a large so that they can be posted on the bill or website from time to time in an amendment to a bill will be introduced we will also issue a fiscal impact statement based upon the amendment to that bill. If there are any questions about a fiscal impact statement please feel free to reach out to either myself or commissioner Collins will be happy to answer any of your questions. During the course the legislative session we anticipate that myself as as well as commissioner Collins will be here during committee to discuss the fiscal impact statements that are being issued as well as any other issues that come before the committee we're happy to answer any questions and we look forward to working with the committee throughout the twenty twenty three session. Do the members have any questions. CNN I would I would like to say that and I mean this is that you know this agency they do a tremendous amount of work they also have to work in the items that are sometimes a little bit controversial or things that are not phone nobody wants to hear that Dale attacks and things like that but in addition to that secretary Walter there's other other members that we have worked with through the General Assembly they've also been tasked the during the cold with all the arc of funds the cares for the carers funds trying to make sure they work with the consultants to make sure that those are eligible and how to bring those fourth before the legislature so there's just a whole host of things that they do and I want to say thank you for that so thank you for being here today anything else committee. Okay with that where germs. Thank.