INFORMATIONAL MEETING

 

PUBLIC HEARING AND WORK SESSION HB 3620

 

TAPES #9 and 10

 

HOUSE SPECIAL SESSION COMMITTEE ON REVENUE

February 7, 2008 – 10:00 a.m.

Hearing Room F – State Capitol Building

 

Members Present:                    Rep. Phil Barnhart Chair

                                                Rep. Tobias Read, Vice Chair

                                                Rep. Cliff Bentz

                                                Rep. Vicki Berger, Vice Chair

                                                Rep. Scott Bruun

                                                Rep. Sara Gelser

                                                Rep. Diane Rosenbaum

                                                Rep. Brad Witt

 

Members Excused:                  Rep. Andy Olson

 

Witnesses Present:                   Randall Edwards, Treasurer of Oregon

                                                Laura Lockwood-McCall, Office of State Treasurer

                                                William Newman, Northwest Venture Partners

 

Staff Present:                           Paul Warner, Legislative Revenue Officer

                                                Steve Meyer, Economist, Legislative Revenue Office

                                                Mazen Malik, Economist, Legislative Revenue Office

                                                Carol Phillips, Committee Assistant

 

TAPE 9, SIDE A

003

Chair Barnhart

Calls meeting to order at 10:06 a.m.

004

Chair Barnhart

Opened Informational Meeting.

005

Randall Edwards

Randall Edwards, Treasurer of Oregon (Exhibit A)

062

Laura Lockwood-McCall

 

142

Rep. Rosenbaum

 

145

Laura Lockwood-McCall

 

158

Chair Barnhart

 

163

Randall Edwards

 

172

Laura Lockwood-McCall

 

175

Chair Barnhart

 

179

Laura Lockwood-McCall

 

223

Rep. Bruun

 

226

Laura Lockwood-McCall

 

235

Randall Edwards

 

270

Laura Lockwood McCall

 

450

Rep. Bruun

 

 

TAPE 10, SIDE A

009

Randall Edwards

 

024

Rep. Read

 

027

Randall Edwards

 

043

Chair Barnhart

 

053

Laura Lockwood-McCall

 

064

Chair Barnhart

Closed Informational Meeting.

Opened Public Hearing on HB 3620.

065

Paul Warner

Paul Warner, Legislative Revenue Officer (Exhibits B, C)

115

Randall Edwards

 

225

Vice Chair Berger

 

231

Randall Edwards

 

248

Vice Chair Berger

 

259

Randall Edwards

 

266

Chair Barnhart

 

322

Randall Edwards

 

342

Chair Barnhart

 

347

Randall Edwards

 

359

Chair Barnhart

 

361

Randall Edwards

 

372

Chair Barnhart

 

384

William Newman

 

440

Vice Chair Berger

 

 

TAPE 9, SIDE B

025

Chair Barnhart

Closed Public Hearing on HB 3620.

Opened Work Session on HB 3620.

032

Vice Chair Berger

MOTION:  MOVES HB 3620 TO THE FLOOR WITH A DO PASS RECOMMENDATION.

033

Chair Barnhart

ORDER:  ROLL CALL VOTE:  MEMBERS VOTING AYE:  BENTZ, BERGER, GELSER, READ, BARNHART.  MEMBERS EXCUSED:  BRUUN, OLSON, ROSENBAUM, WITT.  MOTION PASSES:  5-0-4.

045

Chair Barnhart

Closed Work Session on HB 3620.

047

Chair Barnhart

Adjourns meeting at 11:11 a.m.

 

 

 

Tape Index Submitted by:

 

 

 

 

Carol Phillips

House Committee Assistant

 

 

 

Exhibit Summary:

  1. Informational, State Debt Policy Advisory Commission 2008 State Debt Capacity Report, Office of State Treasurer.
  2. HB 3620, Staff measure summary, LRO staff.
  3. HB 3620, Flow of Funds Chart, LRO staff.
  4. Informational, Report of the State Debt Policy, 2008 Legislative Update, Laura Lockwood-McCall.