ORIENTATION MEETING

 

TAPES 4-5, A-B

 

SENATE REVENUE COMMITTEE

JANUARY 22, 2003   1:00 PM   STATE CAPITOL BUILDING

 

Members Present:                        Senator Ryan Deckert, Chair

                                                Senator Ted Ferrioli, Vice Chair

                                                Senator Tony Corcoran

                                                Senator Lenn Hannon

                                                Senator Charlie Ringo

                                                Senator Bruce Starr

 

Members Excused:                     

                       

 

Staff Present:                            Paul Warner, Legislative Revenue Office

                                                Lizbeth Martin-Mahar, Legislative Revenue Office

                                                Tara Lantz, Committee Assistant

 

TAPE 4, SIDE A

004

Chair Deckert

Calls meeting to order at 1:01 pm.

 

 

006

Lizbeth Martin-Mahar

Gives overview of today’s presentation. Exhibit 1, slide 1.

 

 

 

014

Martin-Mahar

Gives brief history of Oregon’s income and property taxes. Exhibit 1, slide 2.

 

Questions and answers interspersed.

 

 

 

129

Martin-Mahar

Compares general fund revenues in 1999-01 biennium to the 2001-03 biennium. Exhibit 1, slide 3.

 

Questions and answers interspersed.

 

 

 

160

Martin-Mahar

Gives brief overview of Oregon’s personal income tax structure. Exhibit 1, slides 4-5.

 

Questions and answers interspersed.

 

 

 

279

Martin-Mahar

Discusses subtractions and deductions from personal income tax. Exhibit 1, slides 6-7.

 

Questions and answers interspersed.

 

 

 

387

Martin-Mahar

Discusses number of standard versus itemized returns. Exhibit 1, slide 8.

 

 

 

411

Martin-Mahar

Discusses personal income tax rates. Exhibit 1, slides 9-10.

 

Questions and answers interspersed.

 

TAPE 5, SIDE A

 

042

Martin-Mahar

Discusses personal income tax credits. Exhibit 1, slides 11-13.

 

Questions and answers interspersed.

 

 

 

126

Martin-Mahar

Compares distribution of tax returns in 1990 to 2000. Exhibit 1, slide 14.

 

 

 

146

Martin-Mahar

Compares adjusted gross income in 1990 to 2000. Exhibit 1, slides 15-16.

 

Questions and answers interspersed.

 

 

 

205

Martin-Mahar

Discusses major components of adjusted gross income and compares distribution of components in 1990 to 2000. Exhibit 1, slides 17-19.

 

Questions and answers interspersed.

 

 

 

343

Martin-Mahar

Discusses distribution of average adjusted gross income by year and county. Exhibit 1, slides 20-21.

 

Questions and answers interspersed.

 

 

 

421

Martin-Mahar

Compares average tax by county in 1990 to 2000. Exhibit 1, slides 22-23.

Questions and answers interspersed.

 

TAPE 4, SIDE B

 

114

Martin-Mahar

Discusses tax withheld, estimated payments, and refunds in 2000.  Exhibit 1, slides 24-25.

 

 

 

158

Martin-Mahar

Discusses industry sectors and tax withholdings. Exhibit 1, slides 26-28.

 

 

 

207

Paul Warner

Adds to discussion of industry sectors.

 

Questions and answers interspersed.

 

 

 

296

Martin-Mahar

Discusses part year and nonresident taxpayers. Exhibit 1, slides 29-30.

 

 

 

356

Martin-Mahar

Discusses check-off donations. Exhibit 1, slide 33.

 

Questions and answers interspersed.

 

 

 

413

Martin-Mahar

Discusses surplus kicker. Exhibit 1, slides 34-36.

 

TAPE 5, SIDE B

 

039

Martin-Mahar

Discusses Measure 28. Exhibit 1, slide 37.

 

 

 

080

Martin-Mahar

Discusses Bush’s proposed economic recovery plan and its effect on Oregon. Exhibit 1, slides 38-39.

 

Questions and answers interspersed.

 

 

 

233

Chair Deckert

Adjourns meeting at 2:40 pm.

 

Tape Log Submitted by,

 

 

 

Tara Lantz, Committee Assistant Reviewed by Kim Taylor James

 

Exhibit Summary:

1.      Martin-Mahar, Oregon Income Taxes, 18pp.