MEMBERS: T H E S E N A T E 7500 BINSFELD BUILDING SEN. ARIC NESBITT, VICE CHAIR P.O. BOX 30036 SEN. KEVIN DALEY C O M M I T T E E O N F I N A N C E LANSING, MICHIGAN 48909-7536 SEN. JON BUMSTEAD PHONE: (517) 373-1758 SEN. CURTIS S. VANDERWALL S E N A T O R J I M R U N E S T A D FAX: (517) 373-0938 SEN. STEPHANIE CHANG, MINORITY VICE CHAIR C H A I R SEN. BETTY JEAN ALEXANDER **DRAFT** COMMITTEE MEETING MINUTES April 17, 2019 A meeting of the Senate Committee on Finance was scheduled for Wednesday, April 17, 2019, at 12:30 p.m., in the 1200 Room of the Binsfeld Building. __________________________________________________________________________________________ The agenda summary is as follows: 1. Testimony regarding SB 120 (Sen. MacGregor). 2. Testimony regarding SB 121 (Sen. Horn). 3. Testimony regarding SB 58 (Sen. Runestad). __________________________________________________________________________________________ The Chairman called the meeting to order at 12:36 p.m. He instructed the Clerk to call the roll. At that time, the following members were present: Chairman Runestad, Sen.(s) Nesbitt, Bumstead, VanderWall and Alexander, a quorum was present. The Chairman entertained a motion by Sen. Nesbitt to adopt the meeting minutes from March 6, 2019. Without objection, the minutes were adopted. At 12:37 p.m., Sen. Chang entered the meeting. The Chairman invited Sen. Horn and Brad Ward, of the Michigan Realtors, to summarize SB’s 120 - 121. The Chairman invited the following individuals to present testimony regarding SB’s 120 - 121: Steve Bieda, Michigan Department of Treasury – Oppose. The following cards were read of those individuals not wishing to present testimony regarding SB’s 120 – 121: Lee Schwartz, Homebuilders of Michigan – Support. Tabitha Zimny, Michigan Mortgage Lenders Association – Support. Robert Kennedy, Michigan Community Action – Support. Jordan Kingdon, Michigan Credit Union League – Support. Dan Papineau, Michigan Chamber of Commerce – Support. At 12:49 p.m. Sen. Daley entered the meeting. The Chairman summarized SB 58. The Chairman invited the following individuals to present testimony regarding SB 58: David Jessup, International Premium Cigar & Pipe Retailers – Support Mark Renzenbrink, International Premium Cigar & Pipe Retailers – Support Andy Hyde, International Premium Cigar & Pipe Retailers – Support Steve Bieda, Michigan Department of Treasury – Oppose. Paul Weisberger, Wild Bills Tobacco – Support. The following cards were read of those individuals not wishing to present testimony regarding SB 58: Dave Hodgkins, American Heart Association – Oppose. Andrew Schepers, American Cancer Society – Cancer Action Network – Oppose. Rachel Richards, Michigan League for Public Policy – Oppose. Dan Papineau, Michigan Chamber of Commerce – Support. Amy Drumm, Michigan Retailers Association – Support. Matt Breslin, Cigar Association of American – Support. There being no further business before the committee, the Chairman moved to adjourn the meeting. Without objection, the committee was adjourned at 1:34 p.m. Date Adopted by Committee:.