WORK SESSION: SB 778

 

PUBLIC HEARING AND WORK SESSION: HB 2029, HB 2131 A

 

PUBLIC HEARING: HB 2030

 

TAPES 105-106, A-B

 

SENATE REVENUE COMMITTEE

April 24, 2003†† 1:00 PM†† STATE CAPITOL BUILDING

 

Members Present:††††††††††† ††††††††††† Senator Ryan Deckert, Chair

††††††††††††††††††††††† ††††††††††† ††††††††††† Senator Ted Ferrioli, Vice Chair

††††††††††††††††††††††† ††††††††††† ††††††††††† Senator Tony Corcoran

††††††††††††††††††††††† ††††††††††† ††††††††††† Senator Charlie Ringo

 

Members Excused:††††††††† ††††††††††† Senator Lenn Hannon

††††††††††††††††††††††† ††††††††††† ††††††††††† Senator Bruce Starr

 

Witnesses Present:††††††††††† ††††††††††† Diane Belt, Oregon Association of County Tax Collectors

††††††††††††††††††††††† ††††††††††† ††††††††††† Dan Olsen, Washington County

††††††††††††††††††††††† ††††††††††† ††††††††††† Jeff Misley, Sussman Shank LLP

††††††††††††††††††††††† ††††††††††† ††††††††††† Pat Clancy, Municipal Debt Advisory Commission

††††††††††††††††††††††† ††††††††††† ††††††††††† Harvey Rogers, Preston, Gates, and Ellis

††††††††††††††††††††††† ††††††††††† ††††††††††† Jack Kenny, Oregon Housing and Community Services†††††††††††

††††††††††††††††††††††† ††††††††††† ††††††††††† Mike Carrier, Oregon Parks and Recreation Department

††††††††††††††††††††††† ††††††††††† ††††††††††† Bob Repine, Oregon Housing and Community Services

 

Staff Present:††† ††††††††††† ††††††††††† Paul Warner, Legislative Revenue Office

††††††††††††††††††††††† ††††††††††† ††††††††††† Richard Yates, Legislative Revenue Office

††††††††††††††††††††††† ††††††††††† ††††††††††† Lizbeth Martin-Mahar, Legislative Revenue Office

††††††††††††††††††††††† ††††††††††† ††††††††††† Mazen Malik, Legislative Revenue Office

††††††††††††††††††††††† ††††††††††† ††††††††††† Tara Lantz, Committee Assistant

 

TAPE 105, SIDE A

 

005

Chair Deckert

Calls meeting to order at 1:10pm.

 

OPENS PUBLIC HEARING ON HB 2029

 

020

Mazen Malik

Explains HB 2029 which updates the statues to allow for change in technology and medium of storage. Exhibit 1.

 

 

 

042

Diane Belt

Testifies in support of HB 2029 because it saves time and brings the current system up to date with technology. Refer to written testimony. Exhibit 2.

 

 

 

058

Sen. Corcoran

Expresses concern that people might complain that they are not able to get hard copies and asks if there is a back up system.

 

 

 

062

Belt

Responds that there is a back up system and that they havenít stored anything like that for a long time.

 

Discussion follows.

 

CLOSES PUBLIC HEARING ON HB 2029

 

OPENS PUBLIC HEARING ON HB 2030

 

082

Malik

Explains HB 2030 which allows for the certified mail receipt record to be on electronic format or computer printout. Exhibit 3. Explains the -3 amendment (Exhibit 4) which establishes a Tax Bankruptcy Account with recovered amounts of taxes of cases where the county could not previously collect. Discusses revenue impact. Exhibit 5.

 

 

 

160

Belt

Testifies in support of HB 2030 because it would save time and money by utilizing new services provided by the U.S. Postal Service. Refer to written testimony. Exhibit 6. Offers support on behalf of the Washington County Department of Assessment and Taxation for the -3 amendments because it allows counties to hire outside counsel for bankruptcy cases, resulting in more revenues. Refer to written testimony. Exhibit 7.

 

 

 

230

Sen. Ringo

Asks if most bankruptcy filings were from in state or out of state.

 

 

 

234

Belt

Responds they were all from out of state.

 

 

 

245

Belt

Gives data from different counties on bankruptcy filings.

 

 

 

251

Sen. Deckert

Asks if the other counties are okay with the -3 amendments.

 

 

 

253

Belt

Responds affirmatively and discusses cases that have affected numerous counties.

 

Questions and answers follow.

 

 

 

290

Sen. Deckert

Asks if there should be a mechanism at the state level to help counties with bankruptcy cases.

 

 

 

292

Dan Olson

Responds that Multnomah County, Washington County, and Clackamas County have collaborated and hired one law firm to represent them in bankruptcy and have a fee splitting system.

 

 

 

309

Belt

Explains how the fund would work and gives examples of other states that have similar programs.

 

 

 

322

Sen. Deckert

Asks how this account would benefit the county.

 

 

 

325

Belt

Responds that it gives the county the opportunity to hire outside counsel to represent them in complicated bankruptcy cases.

 

Questions and answers follow.

 

 

 

333

Olson

Discusses experience with bankruptcy cases and testifies in support of the -3 amendments because it provides counsel an incentive to retrieve money for the counties in bankruptcy cases.

 

 

 

410

Jeff Misley

Discusses experience with bankruptcy cases and why outside counsel is necessary in receiving money from the cases.

 

TAPE 106, SIDE A

 

061

Sen. Ringo

Asks if it is not reasonable to make this an opportunity for the entire state and not just the metro area.

 

 

 

067

Misley

Responds that there has been a greater effort on a state level.

 

 

 

080

Sen. Deckert

Asks about the Texas model.

 

 

 

081

Misley

Responds that Texas has pursued this as a collaborative effort between a number of counties.

 

Discussion follows.

 

CLOSES PUBLIC HEARING ON HB 2030

 

OPENS PUBLIC HEARING ON HB 2131

 

140

Richard Yates

Explains HB 2131 which authorizes state and local government issuers of bonds to enter into agreements for exchange of interest rates. Exhibit 8.

 

 

 

165

Pat Clancy

Testifies in support of HB 2131, discussing the work done by the Municipal Debt Advisory Commission in coming up with the bill. States that it is an attempt to fix problems faced by local governments in issuing bonds.

 

 

 

182

Harvey Rogers

Gives detailed overview of HB 2131.

 

 

 

349

Jack Kenny

Testifies in support of HB 2131 because it gives Housing and Community Services a tool to be used in facilitating the development of affordable housing. Refer to written testimony. Exhibit 10.

 

 

 

370

Sen. Corcoran

Asks if there is any opposition to this bill.

 

 

 

373

Kenny

Responds negatively.

 

 

 

389

Sen. Ferrioli

Asks what the advantage is in trading bonds.

 

 

 

391

Kenny

Responds that if you broaden the market you get better returns and it reduces risk.

 

TAPE 105, SIDE B

 

002

Sen. Ferrioli

Asks what broadening the market means.

 

 

 

005

Clancy

Responds that there are several other states that are involved in swapping, allowing for additional savings.

 

CLOSES PUBLIC HEARING ON HB 2131

 

OPENS WORK SESSION ON HB 2131

 

032

Sen. Ringo

MOTION: MOVES HB 2131 A TO THE SENATE FLOOR WITH A DO PASS RECOMMENDATION.

 

 

 

035

Sen. Deckert

ORDER: HEARING NO OBJECTION, MOTION PASSES: 4-0-2. SENATORS EXCUSED: HANNON, STARR.

Sen. Courtney will carry the bill on the Senate Floor.

 

CLOSES WORK SESSION ON HB 2131

 

OPENS WORK SESSION ON HB 2029

 

040

Sen. Corcoran

MOTION: MOVES HB 2029 TO THE SENATE FLOOR WITH A DO PASS RECOMMENDATION.

 

 

 

043

Sen. Deckert

ORDER: HEARING NO OBJECTION, MOTION PASSES: 4-0-2. SENATORS EXCUSED: HANNON, STARR.

Sen. Corcoran will carry the bill on the Senate Floor.

 

CLOSES PUBLIC HEARING ON HB 2029

 

OPENS WORK SESSION ON SB 778

 

060

Mike Carrier

States that they were opposed to the original bill, but that with the amendments it appears to be closer to what they want. Does not offer support or testify against the amendments, but states that the -2 amendments look better minus the problem that the Parks and Recreation Department is not included in the commission.

 

 

 

117

Bob Repine

Testifies that they donít object with the concept of the amendments, but feel that the commission should include the historical society and an architect involved in historical architecture. Expresses concern over the language of providing administrative support.

 

CLOSES WORK SESSION ON SB 778

 

167

Sen. Deckert

Adjourns meeting at 2:17pm.

 

 

 

Tape Log Submitted by,

 

 

 

Tara Lantz, Committee Assistant

 

Exhibit Summary:

1.      HB 2029, Mazen Malik, Staff Measure Summary, 1p.

2.      HB 2029, Diane Belt, Written Testimony, 1p.

3.      HB 2030, Mazen Malik, Proposed HB 2030-3 Amendments, 20pp.

4.      HB 2030, Mazen Malik, Staff Measure Summary, 1p.

5.      HB 2030, Mazen Malik, Revenue Impact Statement, 1p.

6.      HB 2030, Diane Belt, Written Testimony, 2pp.

7.      HB 2030, Diane Belt, Written Testimony, 2pp.

8.      HB 2131, Richard Yates, Staff Measure Summary, 1p.

9.      HB 2131, Richard Yates, Staff Measure Summary from General Government Committee, 1p.

10.  HB 2131, Jack Kenny, Written Testimony, 1p.

11.  SB 778, Lizbeth Martin-Mahar, Proposed SB 778-1 Amendments, 4pp.

12.  SB 778, Lizbeth Martin-Mahar, Proposed SB 778-2 Amendments, 4pp.

13.  SB 778, Lizbeth Martin-Mahar, Staff Measure Summary SB 778-1, 1p.

14.  SB 778, Lizbeth Martin-Mahar, Staff Measure Summary SB 778-2, 1p.