Bill Text: OR SB595 | 2011 | Regular Session | Introduced

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Bill Title: Relating to revenue estimates.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2011-06-30 - In committee upon adjournment. [SB595 Detail]

Download: Oregon-2011-SB595-Introduced.html

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     76th OREGON LEGISLATIVE ASSEMBLY--2011 Regular Session

NOTE:  Matter within  { +  braces and plus signs + } in an
amended section is new. Matter within  { -  braces and minus
signs - } is existing law to be omitted. New sections are within
 { +  braces and plus signs + } .

LC 1698

                         Senate Bill 595

Sponsored by Senator ATKINSON

                             SUMMARY

The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure as
introduced.

  Directs Legislative Revenue Officer and public institution of
higher education to prepare revenue estimate in January of
odd-numbered year of total anticipated revenues for next
biennium.  Directs Legislative Assembly to choose between
estimates and use estimate for purposes of preparing
legislatively adopted budget for next biennium.

                        A BILL FOR AN ACT
Relating to revenue estimates; creating new provisions; and
  amending ORS 173.850.
Be It Enacted by the People of the State of Oregon:
  SECTION 1.  { + (1) In addition to the quarterly estimates
prepared by the Oregon Department of Administrative Services
under ORS 291.342, in January of an odd-numbered year:
  (a) The Legislative Revenue Officer, with the assistance of the
Legislative Fiscal Officer, the Department of Revenue and the
Oregon Department of Administrative Services, shall ascertain by
computation and estimate the total anticipated revenues available
for purposes of the legislatively adopted budget for the next
biennium, and report its estimate to the Legislative Assembly;
and
  (b) An institution of higher education listed in ORS 352.002
and designated by the Governor, with the assistance of the
Legislative Fiscal Officer, the Department of Revenue and the
Oregon Department of Administrative Services, shall ascertain by
computation and estimate the total anticipated revenues available
for purposes of the legislatively adopted budget for the next
biennium, and report its estimate to the Legislative Assembly.
  (2) In carrying out the duties imposed under subsection (1) of
this section, the Legislative Revenue Officer and the institution
of higher education shall issue a statement setting forth the
methodology and assumptions used in making the revenue estimate.
Nothing in this subsection requires the statement to set forth
procedures used or methods used to determine either the
methodology or the assumptions.
  (3) An estimate of revenues or revenue forecast required under
any provision of the Oregon Constitution or any provision of law
other than this section shall be considered to be an estimate or
forecast prepared by the Oregon Department of Administrative
Services. + }
  SECTION 2. ORS 173.850 is amended to read:
  173.850. (1) Subject to subsection (2) of this section, when
requested to do so, the Department of Revenue shall:
  (a) Advise and assist the Legislative Revenue Officer, staff
and employees with respect to the duties imposed upon the
Legislative Revenue Officer by ORS 173.800 to 173.850  { + or
section 1 of this 2011 Act + } or any resolution of the
Legislative Assembly;
  (b)   { - Disclose and give access - }   { + Make available + }
to the Legislative Revenue Officer, staff and employees of the
Legislative Revenue Officer,   { - to - }  tax and revenue
information, including the information described in ORS 308.290
and 314.835, and other information the Legislative Revenue
Officer considers necessary and appropriate to the efficient
performance of duties under ORS 173.800 to 173.850  { + or
section 1 of this 2011 Act + } or any resolution of the
Legislative Assembly;
   { +  (c) Advise and assist an institution of higher education
with respect to the duties imposed upon the institution by
section 1 of this 2011 Act;
  (d) Make available to an institution of higher education tax
and revenue information and other information the institution
considers necessary and appropriate to the efficient performance
of duties under section 1 of this 2011 Act; + } and
    { - (c) - }   { + (e) + } Assist in the compilation,
assimilation and integration of such information.
  (2)(a) The department shall   { - disclose and give access - }
 { + make available + } to the Legislative Revenue Officer or any
authorized representatives   { - to - }  the information
described in ORS 314.835 only if the request for the information
is made in writing, specifies the purposes for which the request
is made or information required and is signed by the Legislative
Revenue Officer or an authorized representative. The form for
request for information made under this paragraph shall be
prescribed by the Legislative Revenue Officer and approved by the
Director of the Department of Revenue.
  (b) The department shall keep on file the request for
information made pursuant to this subsection. The requests
constitute a public record within the meaning of ORS 192.410 to
192.505. ORS 314.835 and 314.840 (3) relating to the
confidentiality of tax information apply to the Legislative
Revenue Officer, authorized representatives, staff and employees
of the Legislative Revenue Officer.
  (c) As used in this subsection, 'authorized representative '
means a person who, after consultation with the Director of the
Department of Revenue, the Legislative Revenue Officer has
certified as an authorized representative. A copy of the
certificate shall be filed with the department.
  (3) Reports, estimates and analyses of the Legislative Revenue
Officer based upon the information described in ORS 308.290 and
314.835 obtained under this section shall be classified in such a
manner as to prevent the identification of particular reports and
returns and the items thereof.
  SECTION 3.  { + (1) The Legislative Assembly shall consider the
estimates prepared under section 1 of this 2011 Act and vote to
adopt one estimate not later than the second Tuesday of the
regular session held in an odd-numbered year.
  (2) For purposes of enacting the legislatively adopted budget
as defined in ORS 291.002, the Legislative Assembly shall use the
estimate of the total anticipated revenues available for the next
biennium prepared under section 1 of this 2011 Act and adopted
under this section. + }
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