SENATE COMMITTEE ON FINANCE & REVENUE February 13, 2019 Hearing Room A 3:00 PM MEMBERS PRESENT: Sen. Mark Hass, Chair Sen. Cliff Bentz, Vice - Chair Sen. Brian Boquist Sen. Chuck Riley Sen. Kathleen Taylor STAFF PRESENT: Chris Allanach, Legislative Revenue Officer Kyle Easton, Economist Isaac Moreno, Committee Assistant EXHIBITS: Exhibits from this meeting are available here MEASURES/ISSUES: Public Hearing: SB 188, SB 304, SB 319, SB 674 and SB 701 00:00:08 Meeting Called to Order 00:00:09 Chair Hass Opens Public Hearing on SB 188, SB 304, SB 319, SB 674, SB 701 00:00:43 Kyle Easton, Economist, LRO 00:00:47 EXHIBIT 1: Estate Tax Background 00:08:17 Chair Hass 00:08:47 Kyle Easton, Economist, LRO 00:08:51 EXHIBIT 2: Estate Tax Measures: SMS Table 00:10:07 Chair Hass 00:10:17 Kim Thatcher, State Senator, SD 13 00:11:48 Chair Hass 00:12:10 Kyle Easton, Economist, LRO 00:12:46 Tim Knopp, State Senator, SD 27 00:12:23 Chair Hass 00:12:32 Kim Thatcher, State Senator, SD 13 00:12:47 Chair Hass 00:12:53 Tim Knopp, State Senator, SD 27 00:16:43 Bill Hansell, State Senator, SD 29 00:20:16 Vice-Chair Bentz 00:22:39 Kyle Easton, Economist, LRO 00:22:51 Vice-Chair Bentz 00:23:04 Tim Knopp, State Senator, SD 27 00:25:49 Chair Hass 00:26:07 Vice-Chair Bentz 00:27:32 Bill Hansell, State Senator, SD 29 This recording log is in compliance with Senate and House Rules. For complete contents, refer to the digital audio recording. SFR 02/13/2019 Page 2 of 2 00:28:59 Sen. Taylor 00:29:31 Kim Thatcher, State Senator, SD 13 00:30:15 Tim Knopp, State Senator, SD 27 00:31:43 Sen. Taylor 00:32:41 Chair Hass 00:32:45 Sen. Boquist 00:34:27 Chair Hass 00:35:21 Bennett Minton, Multnomah County 00:35:22 EXHIBIT 3: Bennett Minton Testimony 00:38:17 Chair Hass 00:38:25 Vice-Chair Bentz 00:38:31 Bennett Minton, Multnomah 00:39:01 Kevin Mannix, Attorney, Marion County 00:39:16 EXHIBIT 4: Kevin Mannix Testimony 00:47:54 Vice-Chair Bentz 00:47:57 Sen. Riley 00:48:27 Kevin Mannix, Attorney, Marion County 00:48:55 Vice-Chair Bentz 00:49:15 Eric Fruits, Cascadia Policy Institute 00:49:15 EXHIBIT 5: Cascasdia Policy Institute 00:55:29 Sen. Taylor 00:57:07 Eric Fruits, Cascadia Policy Institute 00:58:34 Sen. Taylor 01:00:45 Vice-Chair Bentz 01:01:10 Marcia Kelley, OWRC 01:03:12 Vice-Chair Bentz 01:03:38 Linda Nivaro, CEO, Oregon Bankers Association 01:07:26 Linda Bush, Vice President, US Bank 01:10:08 Stuart Allen, President, Independent Trust Company Association 01:13:45 Vice-Chair Bentz 01:14:04 Sen. Taylor 01:15:18 Vice-Chair Bentz 01:15:49 Robert Sisk, TFO, Marion County 01:15:49 EXHIBIT 6: Tax Fairness Oregon Testimony 01:19:41 Anthony Smith, NFIB 01:23:46 Vice-Chair Bentz 01:23:58 Sen. Boquist 01:27:06 Vice-Chair Bentz Closes Public Hearing on SB 188, SB 304, SB 319, SB 674, SB 701 01:27:21 Meeting Adjourned This recording log is in compliance with Senate and House Rules. For complete contents, refer to the digital audio recording. .