ORGANIZATIONAL MEETING

PUBLIC HEARING SB 1060, SB 1081, SB 1082, SB 1101

TAPES #1-2

SENATE SPECIAL SESSION COMMITTEE ON FINANCE AND REVENUE

February 6, 2008 – 1:00 p.m.

Hearing Room A – State Capitol Building

Members Present: Sen. Ginny Burdick, Chair

Sen. Frank Morse, Vice-Chair

Sen. Jason Atkinson

Sen. Mark Hass

Sen. Rod Monroe

Sen. Bruce Starr

Sen. Ben Westlund

Witnesses Present: Mike Caldwell, Brigadier General

Jim Craven, American Electronics Association

Charles Sheketoff, Oregon Center for Public Policy

Tim Martinez, Oregon Bankers Association

Kenneth Sherman, Oregon Bankers Association

Jack Monroe

Cleve Abbe

Shaun Jillions

Jody Wiser, Tax Fairness Oregon

Tangela Purdom

Kate Tosswill, Legislative Council

Debra Buchanan, Department of Revenue

Elizabeth harchenko, Department of Revenue

Louis Payne, Tax Fairness Oregon

Gil Moss, Tax Fairness Oregon

Amy Ream, Tax Fairness Oregon

Arthur Towers

Staff Present: Paul Warner, Legislative Revenue Officer

Chris Allanach, Economist, Legislative Revenue Office

Mary Ayala, Economist, Legislative Revenue Office

Steve Meyer, Economist, Legislative Revenue Office

Mazen Malik, Economist, Legislative Revenue Office

Carol Phillips, Committee Assistant

TAPE 1, SIDE A

003	Chair Burdick	Calls meeting to order at 1:11 p.m.
010	Chair Burdick
013	Paul Warner	Paul Warner, Legislative Revenue Officer (Exhibits A, B)
020	Vice Chair Morse	MOTION: MOVES ADOPTION OF SENATE FINANCE AND REVENUE COMMITTEE RULES.
022	Chair Burdick	ORDER: HERING NO OBJECTION, THE CHAIR SO ORDERS.
024	Chair Burdick	Opened Public Hearing on SB 1060.
034	Chris Allanach	Chris Allanach, Legislative Revenue Office (Exhibits C, D)
050	Chair Burdick
051	Mike Caldwell	Mike Caldwell, Brigadier General
078	Chair Burdick
089	Caldwell
096	Chair Burdick
108	Caldwell
111	Chair Burdick
118	Caldwell
122	Chair Burdick
124	Sen. Monroe
149	Caldwell
174	Sen. Monroe
185	Chair Burdick	Closed Public Hearing on SB 1060.
186	Chair Burdick	Opened Work Session on SB 1060.
187	Vice Chair Morse	MOTION: MOVES SB 1060 TO THE FLOOR WITH A DO PASS RECOMMENDATION.
188	Chair Burdick	ORDER: HEARING NO OBJECTION, THE MOTION PASSES. MEMBER EXCUSED: WESTLUND. VOTE: 6-0-1
190	Chair Burdick	Closed Work Session on SB 1060. Opened Public Hearing on SB 1081.
187	Allanach	Exhibits E, F, G.
233	Chair Burdick
240	Jim Craven	Jim Craven, American Electronics Association
266	Chuck Sheketoff	Chuck Sheketoff, Oregon Center for Public Policy
335	Chair Burdick
337	Sheketoff
358	Craven

TAPE 2, SIDE A

014	Sheketoff
030	Chair Burdick	Closed Public Hearing on SB 1081. Opened Work Session on SB 1081.
032	Vice Chair Morse	MOTION: MOVES SB 1081 TO THE FLOOR WITH A DO PASS RECOMMENDATION.
034	Chair Burdick	ORDER: HEARING NO OBJECTION, THE MOTION PASSES. MEMBER EXCUSED: WESTLUND. VOTE: 6-0-1
039	Chair Burdick	Closed Work Session on SB 1081. Opened Public Hearing on SB 1101.
045	Allanach
102	Chair Burdick
103	Allanach
115	Sen. Monroe
124	Allanach
136	Chair Burdick
140	Tim Martinez	Tim Martinez, Oregon Bankers Association
176	Kenneth Sherman	Kenneth Sherman, Oregon Bankers Association (Exhibit K)
281	Chair Burdick
292	Sherman
325	Chair Burdick
326	Sherman
331	Chair Burdick
332	Sherman
339	Sen. Monroe
351	Chair Burdick
355	Sherman
363	Martinez
365	Sherman
375	Chair Burdick
385	Sen. Morse
393	Sherman
398	Sen. Morse
403	Sen. Hass
412	Sherman

TAPE 1, SIDE B

003	Sen. Hass
008	Chair Burdick
013	Jack Monroe
050	Cleve Abbe
074	Shaun Jillions
090	Jody Wiser
192	Tangela Purdom
279	Debra Buchanan
326	Sen. Monroe
329	Buchanan
338	Sen. Monroe
341	Buchanan
348	Chair Burdick
352	Buchanan
389	Chair Burdick
391	Buchanan
399	Chair Burdick
402	Buchanan
416	Kate Tosswill	Kate Tosswill, Legislative Counsel
425	Buchanan

,

015	Sen. Morse
019	Buchanan
021	Chair Burdick
023	Buchanan
036	Chair Burdick	Closed Public Hearing on SB 1101.
037	Chair Burdick	Opened Public Hearing on SB 1082.
038	Warner	Exhibit L.
075	Elizabeth Harchenko	Exhibit M.
158	Chair Burdick
171	Harchenko
230	Chair Burdick
241	Louis Payne	Exhibit N.
315	Gil Moss	Exhibit O.
334	Amy Ream
351	Chair Burdick
362	Arthur Towers
376	Chair Burdick
380	Sen. Morse
392	Chair Burdick
	Chair Burdick	Closed Public Hearing on SB 1082. Opened Work Session on SB 1082.
395	Vice Chair Morse	Moves 1082. Do pass.
433	Chair Burdick	Closed Work Session on SB 1082.
436	Chair Burdick	Adjourns meeting at 3:39 p.m.

Tape Index Submitted by:

Carol Phillips

Committee Assistant

Exhibit Summary:

1. Organizational, Senate Finance and Revenue Committee Rules 2008 Special session, Paul Warner.
2. Informational, Committee Work Plan February Session, Paul Warner.
3. SB 1060, Staff measure summary, LRO staff.
4. SB 1060, Revenue impact statement, LRO staff.
5. SB 1081, Staff measure summary, LRO staff.
6. SB 1081, Revenue impact statement, LRO staff.
7. SB 1081, Category / Section facts, LRO staff.
8. SB 1101, Staff measure summary, LRO staff.
9. SB 1101, Revenue impact statement, LRO staff.
10. SB 1101, -1 amendments, LRO staff.
11. SB 1101, Written testimony, Kenneth Sherman.
12. SB 1101, Staff measure summary, LRO staff.
13. SB 1082, Written testimony, Elizabeth Harchenko.
14. SB 1082, Oregon’s Tax Gap, Louis Payne.
15. SB 1082, Written testimony, Gil Moss.