Executive Committee Agenda July 2011
PUBLIC NOTICE AND AGENDA
Multistate Tax Commission Executive Committee Meeting
Grouse Mountain Lodge
Whitefish, Montana
Thursday, July 28, 2011
8:30 a.m. to 12:00 p.m. Mountain Time
Dial-In Number: 1-866-381-9862
Conference Code: 8917135
| I. | Welcome and Introductions |
| II. | Public Comment Period |
| In accordance with its Public Participation Policy, the Commission provides this opportunity for members of the public to address the Commission directly on this agenda. The Chair may also provide for public comment before or during the committee’s discussion of specific agenda items. | |
| III. | Approval of Minutes of Executive Committee Meeting on June 6, 2011 |
| IV. | Report of the Chair |
| V. | Report of the Treasurer |
| Financial Report for the 12-month Period July 1, 2010 – June 30, 2011 | |
| VI. | Report of the Executive Director |
| Review of Commission Appropriated Funds | |
| VII. | Other Reports |
| A. Reports by Committees & Programs Not Covered in Their Annual Report to the Commission (if any) | |
| B. Other Business (if any) | |
| VIII. | Uniformity |
| A. Uniformity Proposals before the Committee for Action | |
| Proposed Model Statute Regarding Partnership or Pass-Through Entity Income That Is Ultimately Realized by an Entity That Is Not Subject to Income Tax | |
| – ACLI’s July 19th Letter to Commission Chair | |
| B. Other Uniformity Matters | |
| Proposed Model Sales & Use Tax Notice and Reporting Statute — Majority of Affected Members did not agree to Consider Adoption (Bylaw 7) | |
| IX. | Strategic Planning Session |
| X. | Upcoming Meeting & Events |
| ———————– CLOSED SESSION —————————– | |
| I. | Nexus Committee & National Nexus Program |
| A. Approval of Minutes of Closed Session on July 29, 2010 | |
| B. Report on Confidential Matters | |
| Pursuant to the Commission’s Public Participation Policy, Section 15, Subsection (c), this item is scheduled for a closed session because it involves confidential taxpayer information, the disclosure of which is prohibited by law. Pursuant to the Commission’s Public Participation Policy, Section 16, consideration of minutes is scheduled for a confidential session because that policy requires that the minute book of a closed session be kept confidential. | |
| II. | Audit Committee & Joint Audit Program |
| A. Approval of Minutes of Closed Session on July 29, 2010 | |
| B. Report on Confidential Matters | |
| Pursuant to the Commission’s Public Participation Policy, Section 15, Subsection (c), this item is scheduled for a closed session because it involves confidential taxpayer information, the disclosure of which is prohibited by law. Pursuant to the Commission’s Public Participation Policy, Section 16, consideration of minutes is scheduled for a confidential session because that policy requires that the minute book of a closed session be kept confidential. | |
| III. | Items Related to Pending Litigation & Commission Personnel Matters (if any) |
| A. Approval of Minutes of Closed Session on July 29, 2010 | |
| B. Other Confidential Matters | |
| Pursuant to the Commission’s Public Participation Policy, section 15, subsection (f), an item relating to pending litigation may be scheduled for a closed session if it involves a current adjudicatory proceeding to which the Commission or a member State is a party; if it involves significant exposure to litigation against the Commission or a member State, if this body needs to decide if a significant exposure to litigation exists; or if the Commission or a member State is initiating or making a decision to initiate litigation. Pursuant to section 15, subsection (a) and (e), an item may be scheduled for a confidential session because it involves confidential personnel information or the discharging of responsibilities related to salaries, salary schedules, or compensation paid in the form of fringe benefits. | |
| ———————– PUBLIC SESSION RECONVENED —————————— | |
| XI. | Resumption of Public Session and Reports from Closed Session (if any) |
| XII. | Adjournment |