PUBLIC HEARING AND WORK SESSION HB 3620

 

TAPE #7

 

SENATE SPECIAL SESSION COMMITTEE ON FINANCE AND REVENUE

February 13, 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:                   Kate Richardson, Chief of Staff, Office of State Treasurer

                                                William Newman, NW Technology Ventures

 

Staff Present:                           Paul Warner, Legislative Revenue Officer

                                                Steve Meyer, Economist, Legislative Revenue Office

                                                Carol Phillips, Committee Assistant

 

TAPE 7, SIDE A

014

Chair Burdick

Calls meeting to order at 1:07 P.M.

016

Chair Burdick

Opened Public Hearing on HB 3620.

021

Paul Warner

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

086

Chair Burdick

 

093

Kate Richardson

Kate Richardson, Chief of Staff, Office of State Treasurer (Exhibits C)

131

William Newman

 

167

Sen. Westlund

 

185

Kate Richardson

 

199

Sen. Starr

 

204

Kate Richardson

 

216

Chair Burdick

 

228

Vice Chair Morse

Exhibit D

259

Sen. Westlund

 

282

Kate Richardson

 

284

Vice Chair Morse

 

289

Kate Richardson

 

291

Chair Burdick

 

299

Kate Richardson

 

302

Chair Burdick

 

307

Sen. Westlund

 

310

Kate Richardson

 

355

Chair Burdick

Closed Public Hearing on HB 3620.

Opened Work Session on HB 3620.

359

Vice Chair Morse

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

365

Chair Burdick

ORDER:  HEARING NO OBJECTION, THE MOTION PASSES.  7-0-0.

370

Chair Burdick

Closed Work Session on HB 3620.

379

Paul Warner

 

392

Chair Burdick

Adjourns meeting at 1:31 p.m.

 

 

 

 

 

 

 

 

 

 

 

 

Tape Index Submitted by:

 

 

 

 

Carol Phillips

Committee Assistant

 

 

 

Exhibit Summary: 

 

  1. HB 3620, Staff measure summary, LRO staff.
  2. HB 3620, Flow of Funds chart, LRO staff.
  3. HB 3620, Oregon Growth Account, Kate Richardson.
  4. HB 3620, The Next Dominos: Junk Bond and Counterparty Risk, Sen. Frank Morse.