Agenda – Taxation CommitteeHendricks/Kamilos Rooms
Sheraton Grand Hotel
Sacramento, California
Thursday, June 8, 2006
8:30 a.m. – 11:00 a.m.Presiding:
Raymond E. Karpe, Chair
Robert Kevane, Vice Chair
Pat A. Zicarelli, Vice Chair
Jeannette Way, Executive Committee Liaison
Leslie Munger, NAR Committee RepresentativeCAR Staff:
Christopher Carlisle, Legislative Advocate
Jeff Keller, Public Policy AnalystI. Opening CommentsII. State Taxation IssuesA. Action Items:1. Business License Taxes
2. “Private” Transfer Taxes
3. Document Recording Fees
4. Proposition 1A: Transportation Funding ProtectionB. Discussion/Reporting Items:1.AB 1922 (Walters) Homeowners Property Tax Exemption
2. AB 2738 (Wyland) Senior Citizen Property Tax Exemption
3. AB 2799 (Strickland) Change in Ownership Property Tax Exclusion
4. AB 2962 (Benoit) Real Estate Withholding Requirements
5. SB 1374 (Cedillo) Taxpayer Information
6. SCA 8 (Simitian) Vote Threshold Reduction for Parcel Taxes
7. Initiative: Education Funding, Real Property Parcel Tax
8. Municipal Auditing CompaniesIII. Federal Taxation IssuesA. Action Items:  Estate TaxB. Discussion/Reporting Items:1. FIRPTA
2. Employee Housing Downpayment Assistance
3.  Natural Disaster Insurance
4. Tax Reform
5. Affordable Housing Tax Credit
6. REMIC
7. Mortgage Insurance Premium Deduction
8. Tenant Improvements Depreciation
9.  Tax Reconciliation Package
10.  Tenants in Common (TICs)IV. Other BusinessV. Adjourment