INFORMATIONAL MEETING:

BUILDING OREGONíS RESERVES

PUBLIC HEARING:

SJR 3, SB 48, SJR 5, SJR 7, SJR 8

 

TAPES # 22A-B, 23A

 

SENATE FINANCE & REVENUE COMMITTEE

TAPE INDEX

FEBRUARY 1, 20078:45 AMSTATE CAPITOL BUILDING

 

Members Present:††††††††††† ††††††††††† Sen. Ryan Deckert, Chair

††††††††††††††††††††††† Sen. Gary George, Vice Chair

††††††††††††††††††††††† Sen. Ginny Burdick

††††††††††††††††††††††† Sen. Rod Monroe

††††††††††††††††††††††† Sen. Bruce Starr†††††††††††††††† †††††††††††††††††††††††

 

Witnesses Present:††††††††††††††††††††††† Randall Edwards, Oregon State Treasurer

Laura Lockwood-McCall, State Treasurerís Office

Harvey Mathews, President, Software Association of Oregon

Jack Isselmann, SAO lobbyist

††††††††††††††††††††††† Lynn Lundquist, Oregon Business Association

††††††††††††††††††††††† Elizabeth Nahl, Hillsboro School District

††††††††††††††††††††††† Larry Wolf, Oregon Education Association

††††††††††††††††††††††† Bruce Humphreys, Oregon Nurses Association

††††††††††††††††††††††† Melissa Unger, Oregon Student Association

 

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

††††††††††††††††††††††† Mazen Malik, Economist

††††††††††††††††††††††† Barbara Guardino, Committee Assistant

 

 

TAPE 22, SIDE A

009

Chair Deckert

Calls meeting to order at 8:46 a.m. Opens public hearing.

 

 

 

PUBLIC HEARING, SJR 3, SB 48, SJR 5, SJR 7, SJR 8

 

026

Warner

Paul Warner, Legislative Revenue Officer

088

Warner

( Exhibit B)

155

Chair Deckert

 

160

Edwards

Randall Edwards, Oregon State Treasurer

180

Lockwood-McCall

Laura Lockwood-McCall, State Treasurerís Office (Exhibit D)

264

Chair Deckert

 

266

Edwards

 

426

Chair Deckert

 

438

Edwards

 

 

TAPE 23, SIDE A

014

Chair Deckert

 

018

Edwards

 

030

Lockwood-McCall

 

035

Edwards

 

040

Sen. Monroe

 

046

Lockwood-McCall

 

067

Edwards

 

069

Sen. Monroe

 

071

Chair Deckert

 

072

Vice Chair George

 

074

Edwards

 

076

Vice Chair George

 

090

Edwards

 

091

Vice Chair George

 

093

Edwards

 

099

Vice Chair George

 

100

Warner

 

101

Vice Chair George

 

105

Edwards

 

120

Vice Chair George

 

130

Edwards

 

144

Chair Deckert

 

169

Matthews

Harvey Mathews, President, Software Association of Oregon

286

Vice Chair George

 

301

Mathews

 

304

Vice Chair George

 

305

Mathews

 

310

Chair Deckert

 

318

Mathews

 

328

Isselmann

Jack Isselmann, SAO

342

Chair Deckert

 

355

Lundquist

Lynn Lundquist, President, Oregon Business Association

 

 

 

TAPE 22, SIDE B

001

Lundquist

 

035

Chair Deckert

 

036

Sen. Monroe

 

040

Lundquist

 

047

Sen. Monroe

 

055

Sen. Starr

 

062

Lundquist

 

073

Sen. Starr

 

088

Lundquist

 

102

Chair Deckert

 

120

Wolf

Larry Wolf, President, Oregon Education Association (Exhibit F)

164

Chair Deckert

 

165

Nahl

Elizabeth Nahl, Hillsboro School District. (Exhibit G)

210

Chair Deckert

 

222

Humphreys

Bruce Humphreys, President, Oregon Nurses Association

256

Chair Deckert

 

262

Humphreys

 

265

Chair Deckert

 

270

Unger

Melissa Unger, Executive Director, Oregon School Association

335

Chair Deckert

Closes public hearing on all bills. Adjourns meeting at 10:05 a.m.

 

 

Tape Index Submitted by:

 

 

 

 

 

Barbara J. Guardino, Committee Assistant

 

 

 

Exhibit Summary:

  1. Informational, Reserve Fund Discussion, Warner
  2. Informational, The Education Stability Fund, Warner
  3. Informational, Oregonís 2% Surplus Kicker (Refer to 1-15-07, Exhibit E), Warner
  4. Informational, Rating Agency Feedback on Oregonís Creditworthiness, Lockwood-McCall
  5. Informational, Total Budget Reserves, Edwards
  6. Informational, Oregon Education Association, RE: Corporate Kicker and Rainy-Day Funds, Wolf
  7. Informational, testimony of Elizabeth Nahl
  8. Informational, OregonLive.com, The Oregonian, ďEconomists: Kicker is useless,Ē Wolf
  9. Informational, OregonLive.com, The Oregonian, ďA save opportunity for Oregon,Ē Wolf