STATE OF MINNESOTA					FORTY-THIRD MEETING (INTERIM)
HOUSE OF REPRESENTATIVES				        	EIGHTY-FOURTH SESSION
STATE GOVERNMENT FINANCE COMMITTEE
MINUTES
Chair Marty Seifert of the State Government Finance Committee, called the forty-third meeting to order at 1:35 p.m. on Thursday, June 29, 2006 in the Room 10 of the State Office Building.
The Clerk noted the roll.
Members present:
			
SEIFERT, MARTY, Chair				FINSTAD, BRAD
BLAINE, GREG					DELAFOREST, CHRIS
HILTY, BILL					            PEPPIN, JOYCE, Vice Chair
SOLBERG, LOREN 										MULLERY, JOE
KRINKIE, PHIL
				
				
Members Excused:
	KAHN, PHYLLIS
A quorum was present.
The Committee Heard Testimony on issues relating to the merger of the Minneapolis Teachers’ Retirement Fund Association and Teachers’ Retirement Association.
Testifying to the issue of a liquidating trust created by the MTRFA Board:
	Pat Anderson, State Auditor
	Carla Heyl, Deputy State Auditor and General Counsel
	Laurie Fiori Hacking, Exec. Director, TRA
	Luther Thompson, Assistant Exec. Director, TRA
Testifying on behalf of the MTRFA Board:
Tom Heffelfinger, Representing the MTRFA Board liquidating trust Trustee Harry Haynsworth
	Bob Butterbrodt, Representing the MTRFA Board
	Barry Lazarus, Representing the MTRFA Board
Testifying to the legal aspects of the MTRFA liquidating trust:
	Ken Peterson, Minnesota Attorney General’s Office
	Rita Demeules, Minnesota Attorney General’s Office
The meeting was adjourned at 3:50 pm.
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Representative Marty Seifert, Chair
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Dan Listug, Committee Legislative Assistant