HOUSE COMMITTEE ON LAND USE AND REGULATORY FAIRNESS

 

 

May 24, 2001                                                                                                       Hearing Room 357

3:30 p.m.                                                                                                                       Tapes 21 - 22

 

MEMBERS PRESENT:         Rep. Max Williams, Chair

Rep. Kurt Schrader, Vice-Chair

Rep. Chris Beck

Rep. Betsy Close

Rep. Kathy Lowe

Rep. Karen Minnis

Rep. Susan Morgan

 

 

STAFF PRESENT:                 Virginia Gustafson Lucker, Counsel

Jane Bodenweiser, Committee Assistant

 

 

MEASURE/ISSUES HEARD:           HB 3998 Public Hearing

 

 

 

These minutes are in compliance with Senate and House Rules.  Only text enclosed in quotation marks reports a speaker’s exact words.  For complete contents, please refer to the tapes.

 

TAPE/#

Speaker

Comments

TAPE 21, A

003

Chair Williams

Opens the meeting at 4:00 p.m. and introduces Paul Warner from Legislative Revenue who will review revenue options for Measure 7.

HB 3998 PUBLIC HEARING

020

Paul Warner

Legislative Revenue

Submits testimony and testifies on revenue options for Measure 7 compensation fund (EXHIBIT A).  Introduces three options and says there are other possibilities.

207

Vice Chair Schrader

Asks about the ability to bond.

209

Warner

Replies that the adequacy issue in Option B would be a concern.

217

Chair Williams

Asks what his confidence level is on the two options.

222

Warner

Discusses the differences in Options A and B.

240

Chair Williams

States that the $200 million amount discussed is a minimal amount needed for bonding.  Says that the bonding piece of this legislation is not mandatory.

271

Warner

Discusses the potential of a bonding issue.  Continues his discussion of Revenue options.

322

Rep. Beck

Asks how the third option would be implemented.

326

Warner

Replies that it not yet clear how it would be implemented.

363

Vice Chair Schrader

Asks about the constitutional issues connected with these options.

365

Warner

Says Options A and B would require some constitutional resolution and that Option C would not.

405

Rep. Beck

Asks for clarification of the “exception value.”

422

Warner

Says the net exception value is the actual increase in value of the improvements and the gross exception value would be a whole new assessed value on the total property.

460

Chair Williams

Asks if the figures offered in "Exhibit A" are net or gross.

464

Warner

Replies that they are net figures.

492

Chair Williams

Asks about Option B and wonders if there would be some sensitivity to the tax imposed on exception value.

TAPE 22, A

041

Warner

Says there would be some sensitivity, but doubts there would be dramatic changes.

069

Rep. Beck

Asks if the revenue response would be proportionate to the tax response.

074

Warner

Replies, yes.

095

Rep. Beck

Asks about the real estate transfer tax and wonders why this option has not been considered.

107

Warner

Says that would be another option, but was not included because it is not triggered by a land development transaction.

136

Rep. Beck

Asks about the issuance of bonds.

149

Warner

Advises that the longer the revenue stream, the better.

193

Sue Hanna

Legislative Counsel

Continues a sectional analysis of SB 3998 starting with Section 13.

196

Vice Chair  Schrader

Asks for a review of Section 12 on page 6, subsection 2, line 31 relating to property restrictions that would not be entitled to compensation.

218

Counsel Lucker

Explains that if the existing regulations were clear and objective, they would not be subject to a claim.

230

Hanna

Suggests a possible clearer language.  Continues the sectional analysis.

253

Vice Chair  Schrader

Asks who gets to make the determination as to the kind of compensation.

361

Chair Williams

Recesses the meeting for a call of the House at 4:50 p.m.

367

Rep. Minnis

Reconvenes the meeting at 5:00 p.m.

369

Hanna

Continues sectional analysis of HB 3998.

TAPE 21, B

068

Vice Chair Schrader

Asks about the appointment of a Compensation and Conservation Ombudsman in Section 29.

070

Hanna

Replies that they are mediators/negotiators.  Continues sectional analysis.

098

Rep. Beck

Asks about the $5 million allocated in Section 32, line 39.

103

Hanna

Replies that it would be to implement the provisions of the whole act.

150

Vice Chair Schrader

Closes the public hearing on HB 398 and adjourns the meeting at 5:15 p.m.

 

Submitted By,                                                                           Reviewed By,

 

 

 

Jane Bodenweiser,                                                                    Virginia Gustafson Lucker,

Committee Assistant                                                                 Counsel

 

EXHIBIT SUMMARY

 

A – HB 3998, written testimony submitted by Paul Warner, 6 pp