PUBLIC HEARING & WORK SESSION:

SB 173, SB 175

PUBLIC HEARING, SB 177

 

TAPES # 19A, 20A

 

SENATE FINANCE & REVENUE COMMITTEE

TAPE INDEX

JANUARY 30, 2007  8:45 AM  STATE CAPITOL BUILDING

 

Members Present:                        Sen. Ryan Deckert, Chair

                        Sen. Gary George, Vice Chair

                        Sen. Ginny Burdick

                        Sen. Rod Monroe

                        Sen. Bruce Starr                                        

                                                                       

Witnesses Present:                        Debra Buchanan, Oregon Department of Revenue

                                                Rob Douglas, Oregon Society of Certified Public Accountants

                        Tim Martinez, Oregon Bankers Association

                        Paul Cosgrove, Oregon Financial Services Association

Tom Eckels, HSBC North America, Olympia, Wash.

                       

Staff Present:                        Paul Warner, Legislative Revenue Officer

                        Chris Allanach, Economist

                        Barbara Guardino, Committee Assistant

 

 

TAPE 19, SIDE A

004

Chair Deckert

 

Calls meeting to order at 8:50 a.m. Opens public hearing on SB 173.

 

PUBLIC HEARING, SB 173

 

009

Allanach

Chris Allanach, Economist (Exhibits A, B)

018

Buchanan

Debra Buchanan, Oregon Department of Revenue (Exhibit C)

036

Sen. Starr

 

037

Buchanan

 

044

Chair Deckert

 

050

Buchanan

 

059

Chair Deckert

 

Closes public hearing. Opens work session on SB 173.

WORK SESSION, SB 173

 

068

Sen. Starr

MOTION: MOVES SB 173 TO THE SENATE FLOOR WITH A DO PASS RECOMMENDATION

 

069

Chair Deckert

ROLL CALL VOTE: MOTION PASSES: 4-0-1

VOTING AYE: BURDICK, MONROE, STARR, DECKERT

EXCUSED: G. GEORGE

 

078

Chair Deckert

Closes work session. Opens public hearing on SB 175.

 

PUBLIC HEARING, SB 175

 

080

Allanach

(Exhibits D, E)

095

Buchanan

Written testimony (Exhibit F)

119

Sen. Monroe

 

121

Buchanan

 

127

Sen. Monroe

 

128

Buchanan

 

134

Sen. Monroe

 

136

Buchanan

 

140

Chair Deckert

 

Closes public hearing. Opens work session on SB 175.

WORK SESSION, SB 175

 

148

Sen. Monroe

 

MOTION: MOVES SB 175 TO THE SENATE FLOOR WITH A DO PASS RECOMMENDATION

151

Chair Deckert

ORDER: THERE BEING NO OBJECTIONS DECLARES THE MOTION CARRIED

VOTE: 5-0-0

VOTING AYE: BURDICK, G. GEORGE, MONROE, STARR, DECKERT

 

154

Chair Deckert

Closes work session. Opens public hearing on SB 177.

162

Sen. Monroe

 

 

PUBLIC HEARING, SB 177

 

176

Allanach

(Exhibits G, H)

192

Sen. Monroe

 

197

Allanach

 

206

Sen. Monroe

 

209

Chair Deckert

 

214

Buchanan

(Exhibit I)

279

Sen. Starr

 

285

Buchanan

 

287

Sen. Starr

 

297

Sen. Monroe

 

302

Chair Deckert

 

303

Buchanan

 

312

Sen. Starr

 

324

Buchanan

 

332

Sen. Starr

 

334

Chair Deckert

 

336

Sen. Burdick

 

340

Chair Deckert

 

358

Sen. Monroe

 

359

Buchanan

 

366

Sen. Monroe

 

367

Buchanan

 

370

Sen. Monroe

 

371

Buchanan

 

375

Sen. Monroe

 

390

Buchanan

 

416

Sen. Monroe

 

417

Chair Deckert

 

418

Buchanan

 

420

Chair Deckert

 

437

Buchanan

 

 

 

 

TAPE 20, SIDE A

012

Buchanan

 

023

Chair Deckert

 

027

Buchanan

 

030

Vice Chair George

 

035

Buchanan

 

043

Sen. Starr

 

055

Buchanan

 

070

Sen. Starr

 

074

Chair Deckert

 

079

Buchanan

 

081

Chair Deckert

 

083

Buchanan

 

090

Sen. Monroe

 

094

Chair Deckert

 

098

Sen. Starr

 

191

Chair Deckert

 

112

Douglas

Rob Douglas, Oregon Society of Certified Public Accountants

115

Chair Deckert

 

116

Douglas

 

118

Chair Deckert

 

130

Martinez

Tim Martinez, Oregon Bankers Association

166

Chair Deckert

 

167

Martinez

 

180

Sen. Burdick

 

184

Martinez

 

187

Sen. Burdick

 

191

Chair Deckert

 

194

Martinez

 

199

Chair Deckert

 

212

Cosgrove

Paul Cosgrove, Oregon Financial Services Association

224

Eckels

Tom Eckels, HSBC North America, Olympia, Wash.

239

Chair Deckert

Closes public hearing on SB 177. Adjourns meeting at 9:35 a.m.

 

 

Tape Index Submitted by:

 

 

 

 

 

Barbara J. Guardino, Committee Assistant

 

 

 

 

Exhibit Summary:

  1. SB 173, Staff Measure Summary, Allanach
  2. SB 172, Revenue Impact of Proposed Legislation, Allanach
  3. SB 173, Executive Summary, Buchanan
  4. SB 175, Staff Measure Summary, Allanach
  5. SB 175, Draft Revenue Impact of Proposed Legislation, Allanach
  6. SB 175, Executive Summary, Buchanan
  7. SB 177, Staff Measure Summary, Allanach
  8. SB 177, Draft Revenue Impact of Proposed Legislation, Allanach
  9. SB 177, Executive Summary, Buchanan