PUBLIC HEARING AND WORK SESSION

 

TAPES #147 and 148

 

Heard: SB 39, SB 173, HB 2718-3

 

HOUSE REVENUE COMMITTEE

MAY 7, 2007, 1:00 P.M.

Hearing Room A State Capitol Building

 

Members Present: Rep. Phil Barnhart Chair

Rep. Tom Butler, Vice Chair

Rep. Tobias Read, Vice Chair

Rep. Vicki Berger

Rep. Scott Bruun

Rep. Sara Gelser

Rep. Andy Olson

Rep. Diane Rosenbaum

Rep. Brad Witt

 

Witnesses Present: Sen. Rod Monroe, SD 24, Portland

Debra Buchanan, Department of Revenue

Tim Martinez, Oregon Bankers Association

Bill Manne, Miller Nash, Portland

Robert Butler

 

Staff Present: Paul Warner, Legislative Revenue Officer

Chris Allanach, Economist, Legislative Revenue Office

Carol Phillips, Committee Assistant

 

TAPE 147, SIDE A

003

Chair Barnhart

Calls meeting to order at 1:03 P.M.

004

Chair Barnhart

Opened Public Hearing on SB 39.

005

Chris Allanach

Chris Allanach, Economist, Legislative Revenue Office (Exhibits A, B, C)

025

Chair Barnhart

 

026

Allanach

 

033

Chair Barnhart

 

034

Rep. Olson

 

035

Allanach

 

092

Chair Barnhart

 

096

Sen. Rod Monroe

Sen. Rod Monroe, SD 24, Portland

141

Rep. Rosenbaum

 

143

Sen. Monroe

 

153

Rep. Rosenbaum

 

155

Sen. Monroe

 

156

Rep. Rosenbaum

 

158

Sen. Monroe

 

166

Rep. Rosenbaum

 

168

Sen. Monroe

 

173

Chair Barnhart

 

177

Sen. Monroe

 

180

Debra Buchanan

Debra Buchanan, Department of Revenue (Exhibit D)

269

Chair Barnhart

 

270

Buchanan

 

285

Chair Barnhart

 

286

Vice Chair Butler

 

293

Buchanan

Exhibit E.

345

Vice Chair Butler

 

364

Buchanan

 

375

Chair Barnhart

 

377

Buchanan

 

378

Chair Barnhart

 

386

Vice Chair Butler

 

389

Chair Barnhart

 

391

Buchanan

 

392

Vice Chair Read

 

401

Vice Chair Butler

 

417

Rep. Rosenbaum

 

430

Chair Barnhart

 

431

Buchanan

 

440

Rep. Rosenbaum

 

442

Buchanan

 

463

Vice Chair Butler

 

490

Chair Barnhart

 

 

TAPE 148, SIDE A

035

Tim Martinez

Tim Martinez, Oregon Bankers Association

056

Bill Manne

Bill Manne, Miller Nash, Portland

066

Martinez

 

067

Chair Barnhart

 

074

Martinez

 

079

Chair Barnhart

 

084

Manne

 

094

Chair Barnhart

 

095

Vice Chair Butler

 

114

Chair Barnhart

Closed Public Hearing on SB 39.

123

Chair Barnhart

Opened Public Hearing on HB 2718.

124

Allanach

Exhibit F.

135

Chair Barnhart

 

145

Robert Butler

Robert Butler (Exhibit G)

288

Chair Barnhart

 

289

Vice Chair Butler

 

369

Chair Barnhart

 

373

Rep. Witt

 

377

Chair Barnhart

 

382

Butler

 

436

Vice Chair Butler

 

444

Chair Barnhart

 

457

Butler

 

475

Chair Barnhart

 

480

Vice Chair Butler

 

 

TAPE 147, SIDE B

037

Chair Barnhart

 

039

Vice Chair Butler

 

042

Chair Barnhart

Closed Public Hearing on HB 2718.

048

Chair Barnhart

Opened Public Hearing on SB 173.

050

Allanach

 

060

Buchanan

 

123

Vice Chair Butler

 

128

Buchanan

 

135

Vice Chair Butler

 

159

Buchanan

 

169

Vice Chair Butler

 

182

Buchanan

 

193

Vice Chair Butler

 

219

Buchanan

 

230

Vice Chair Butler

 

238

Buchanan

 

246

Vice Chair Butler

 

247

Buchanan

 

249

Rep. Olson

 

254

Chair Barnhart

 

263

Vice Chair Butler

 

313

Chair Barnhart

 

314

Vice Chair Butler

 

327

Rep. Gelser

 

355

Chair Barnhart

Closed Public Hearing on SB 173.

358

Chair Barnhart

Stated HB 2718 and SB 173 will carry over to Wednesday.

375

Chair Barnhart

Adjourns meeting at 2:22 p.m.

 

 

 

Tape Index Submitted by:

 

 

 

 

Carol Phillips

House Committee Assistant

 

 

 

Exhibit Summary:

  1. SB 39, Staff measure summary, Chris Allanach.
  2. SB 39, Revenue impact statement, Chris Allanach.
  3. SB 39, Section by section bill description, Chris Allanach.
  4. SB 39, Listed Abusive Tax Shelters and Transactions, Debra Buchanan.
  5. SB 39, Wal-Mart scheme, Debra Buchanan.
  6. HB 2718, -3 Amendments, LRO staff.
  7. HB 2718, Written testimony, Robert Butler.