Members Present: Dave Roederer and Holly Lyons. David Underwood joined the group via phone.
Guests Speakers: Director Courtney Kay Decker and Chief Economist Amy Harris of the Department of Revenue.
Mr. Roederer called the Revenue Estimating Conference to order at 1:30 p.m.
Mr. Roederer stated that the purpose of this special meeting was to have the Iowa Department of Revenue give information on the federal tax changes. At a special meeting in January, the Department of Revenue shared their initial review of the individual income tax, but had not had the opportunity to spend much time on the corporation side. Many questions have been asked in regards to an update and where REC is with their numbers. This meeting is informational only, there will be no action taken today. The Department of Revenue handouts are attached to these minutes.
With no further business, Mr. Roederer called the meeting adjourned at 2:07 p.m.
These minutes were approved at the March 09, 2018 meeting.
Ms. Lyons made a motion to approve the minutes of the December 11, 2017 meeting, as well as the January 05, 2018 and February 09, 2018 special meetings, and the motion was seconded by Mr. Underwood. All members voted in favor of the motion and it was carried unanimously.