(1) As used in this section, "task force" means the Tax Restructuring and Equalization Task Force created in Subsection (2).

(2) There is created the Tax Restructuring and Equalization Task Force consisting of: (a) the following voting members: (i) five members from the Senate, appointed by the president of the Senate, with one member from the minority party; and (ii) five members from the House of Representatives, appointed by the speaker of the House of Representatives, with one member from the minority party; and (b) the following nonvoting members: (i) if appointed by the president of the Senate, two members appointed by the president of the Senate who are not legislators, taking into consideration: (A) recommendations by the governor; and (B) taxation expertise of a potential appointee; and (ii) if appointed by the speaker of the House of Representatives, two members appointed by the speaker of the House of Representatives who are not legislators, taking into consideration: (A) recommendations by the governor; and (B) taxation expertise of a potential appointee.

(a) the following voting members: (i) five members from the Senate, appointed by the president of the Senate, with one member from the minority party; and (ii) five members from the House of Representatives, appointed by the speaker of the House of Representatives, with one member from the minority party; and

(i) five members from the Senate, appointed by the president of the Senate, with one member from the minority party; and

(ii) five members from the House of Representatives, appointed by the speaker of the House of Representatives, with one member from the minority party; and

(b) the following nonvoting members: (i) if appointed by the president of the Senate, two members appointed by the president of the Senate who are not legislators, taking into consideration: (A) recommendations by the governor; and (B) taxation expertise of a potential appointee; and (ii) if appointed by the speaker of the House of Representatives, two members appointed by the speaker of the House of Representatives who are not legislators, taking into consideration: (A) recommendations by the governor; and (B) taxation expertise of a potential appointee.

(i) if appointed by the president of the Senate, two members appointed by the president of the Senate who are not legislators, taking into consideration: (A) recommendations by the governor; and (B) taxation expertise of a potential appointee; and

(A) recommendations by the governor; and

(B) taxation expertise of a potential appointee; and

(ii) if appointed by the speaker of the House of Representatives, two members appointed by the speaker of the House of Representatives who are not legislators, taking into consideration: (A) recommendations by the governor; and (B) taxation expertise of a potential appointee.

(A) recommendations by the governor; and

(B) taxation expertise of a potential appointee.

(3) (a) The president of the Senate shall designate a member of the Senate appointed under Subsection (2)(a)(i) as a cochair of the task force. (b) The speaker of the House of Representatives shall designate a member of the House of Representatives appointed under Subsection (2)(a)(ii) as a cochair of the task force.

(a) The president of the Senate shall designate a member of the Senate appointed under Subsection (2)(a)(i) as a cochair of the task force.

(b) The speaker of the House of Representatives shall designate a member of the House of Representatives appointed under Subsection (2)(a)(ii) as a cochair of the task force.

(4) (a) Salaries and expenses of the members of the task force who are legislators shall be paid in accordance with Section 36-2-2 and Legislative Joint Rules, Title 5, Chapter 2, Lodging, Meal, and Transportation Expenses, and Legislative Joint Rules, Title 5, Chapter 3, Legislator Compensation. (b) A member of the task force who is not a legislator may not receive compensation for the member's work associated with the task force, but may receive per diem and reimbursement for travel expenses incurred as a member of the task force at the rates established by the Division of Finance under Sections 63A-3-106 and 63A-3-107.

(a) Salaries and expenses of the members of the task force who are legislators shall be paid in accordance with Section 36-2-2 and Legislative Joint Rules, Title 5, Chapter 2, Lodging, Meal, and Transportation Expenses, and Legislative Joint Rules, Title 5, Chapter 3, Legislator Compensation.

(b) A member of the task force who is not a legislator may not receive compensation for the member's work associated with the task force, but may receive per diem and reimbursement for travel expenses incurred as a member of the task force at the rates established by the Division of Finance under Sections 63A-3-106 and 63A-3-107.

(5) The Office of Legislative Research and General Counsel shall provide staff support to the task force.

(6) (a) A vacancy shall be filled by appointing a replacement member in the same manner as the member creating the vacancy was appointed under Subsection (2). (b) Each member of the task force shall serve until a successor is appointed and qualified.

(a) A vacancy shall be filled by appointing a replacement member in the same manner as the member creating the vacancy was appointed under Subsection (2).

(b) Each member of the task force shall serve until a successor is appointed and qualified.

(7) (a) A majority of the voting members of the task force constitutes a quorum. (b) The vote of a majority of the voting members when a quorum is present constitutes the action of the task force.

(a) A majority of the voting members of the task force constitutes a quorum.

(b) The vote of a majority of the voting members when a quorum is present constitutes the action of the task force.

(8) The task force shall study state and local revenue systems with the purpose of making recommendations to address structural imbalances among revenue sources.

(9) The task force shall solicit public feedback and involvement, including coordination with individuals and entities with taxation expertise.

(10) (a) The task force shall report on the task force's progress and preliminary study findings at: (i) the first Executive Appropriations Committee meeting after June 1, 2019; and (ii) the first Revenue and Taxation Interim Committee meeting after June 1, 2019. (b) The task force shall report study recommendations at: (i) the first Executive Appropriations Committee meeting after August 1, 2019; and (ii) the first Revenue and Taxation Interim Committee meeting after August 1, 2019.

(a) The task force shall report on the task force's progress and preliminary study findings at: (i) the first Executive Appropriations Committee meeting after June 1, 2019; and (ii) the first Revenue and Taxation Interim Committee meeting after June 1, 2019.

(i) the first Executive Appropriations Committee meeting after June 1, 2019; and

(ii) the first Revenue and Taxation Interim Committee meeting after June 1, 2019.

(b) The task force shall report study recommendations at: (i) the first Executive Appropriations Committee meeting after August 1, 2019; and (ii) the first Revenue and Taxation Interim Committee meeting after August 1, 2019.

(i) the first Executive Appropriations Committee meeting after August 1, 2019; and

(ii) the first Revenue and Taxation Interim Committee meeting after August 1, 2019.

(11) The task force shall remain in effect until June 30, 2020.