SENATE COMMITTEE ON BUDGET SOLUTIONS

September 16, 2002 Hearing Room 357

Time: 11:00 a.m. Tape 7

MEMBERS PRESENT: Sen. Lenn Hannon, Chair

Sen. Peter Courtney

Sen. Steve Harper

Senate President Gene Derfler

Sen. Joan Dukes

MEMBERS ABSENT: Sen. Ken Messerle, Vice-Chair

STAFF PRESENT: Paul Warner, Legislative Fiscal Office

Jennifer Simmons, Committee Assistant

MEASURE/ISSUES HEARD: SB 1034 Public Hearing and Work Session

HB 4075-A Public Hearing and Work Session

HB 4077 Public Hearing and Work Session

HB 4079 Public Hearing and Work Session

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 7, A
001	Chair Hannon	Calls the meeting to order at 11:06 a.m. Opens a work session on SB 1034.
SB 1034 WORK SESSION
002	Adrienne Sexton	Legislative Fiscal Office. Provides an explanation of SB 1034 and the -1 amendments (EXHIBIT A), which conform the measure to HB 4072 in its current form.
020	Chair Hannon	MOTION: Moves to ADOPT SB 1034-1 amendments dated 9/16/02.
024		VOTE: 5-0 Excused: Messerle
	Chair Hannon	Hearing no objection, declares the motion CARRIED.
026	Chair Hannon	MOTION: Moves SB 1034 to the floor with a DO PASS AS AMENDED recommendation.
027		VOTE: 5-0 Excused: Messerle
	Chair Hannon	Hearing no objection, declares the motion CARRIED. SEN. HANNON will lead discussion on the floor.
	Chair Hannon	Recesses the meeting subject to the call of the chair.
**********************************RECESS**********************************************
028	Chair Hannon	Reconvenes the meeting at 2:36 p.m. Opens a public hearing and work session on HB 4075 A.
HB 4075-A WORK SESSION
033	Adrienne Sexton	Legislative Fiscal Office. Provides a brief explanation of the measure, which sets a special election date of January 14, 2003 for HB 4079, and creates the ballot title, financial impact statement, and explanatory statement.
048	Chair Hannon	MOTION: Moves to AMEND HB 4075-A, by deleting "January 14, 2003," and inserting "January 28, 2003".
053		VOTE: 5-0 Excused: Messerle
	Chair Hannon	Hearing no objection, declares the motion CARRIED.
057	Sen. Harper	MOTION: Moves HB 4075-A to the floor with a DO PASS AS AMENDED recommendation.
060		VOTE: 5-0 Excused: Messerle
	Chair Hannon	Hearing no objection, declares the motion CARRIED. SEN. HARPER will lead discussion on the floor.
061	Chair Hannon	Closes the work session on HB 4075-A and opens a work session on HB 4077.
HB 4077 WORK SESSION
062	Paul Warner	Legislative Revenue Officer. Offers an explanation of HB 4077, which eliminates the Oregon inheritance tax. Notes that the language of the measure is identical to an amendment previously inserted into HB 4072.
088	Chair Hannon	MOTION: Moves HB 4077 to the floor with a DO PASS recommendation.
090		VOTE: 5-0 Excused: Messerle
	Chair Hannon	Hearing no objection, declares the motion CARRIED. SEN. HANNON will lead discussion on the floor.
091	Chair Hannon	Closes the work session on HB 4077 and opens a work session on HB 4079-A.
PUBLIC HEARING AND WORK SESSION – HB 4079 A
092	Paul Warner	Legislative Revenue Officer. Presents an explanation of the measure, which temporarily increases personal and corporate income tax rates. Notes that the measure is identical to HB 4072, approved previously by the committee, save for the date of the special election.
118	Chair Hannon	MOTION: Moves to ADOPT HB 4079-A2 amendments dated 9/16/02.
121		VOTE: 5-0 Excused: Messerle
	Chair Hannon	Hearing no objection, declares the motion CARRIED.
128	Sen. Courtney	MOTION: Moves HB 4079-A to the floor with a DO PASS AS AMENDED recommendation.
136		VOTE: 5-0 Excused: Messerle
	Chair Hannon	Hearing no objection, declares the motion CARRIED. SEN. HANNON AND SEN. COURTNEY will lead discussion on the floor.
150	Chair Hannon	Recesses the meeting subject to the call of the chair.
	(Meeting is adjourned by implied consent.)

Submitted By, Reviewed By,

Patrick Brennan, Marjorie Taylor,

Committee Assistant Committee Administrator

EXHIBIT SUMMARY

A –SB 1034, -1 amendments, staff, 5 pp.