1993-04-14                     Senate Journal                      Page 1353
SB 128                                                                       
The Finance Committee considered SENATE BILL NO. 128 "An                       
Act relating to legislative audits" and recommended the State Affairs          
Committee Substitute offered on page 845 be adopted and further                
attaches a Senate Finance Committee Letter of Intent.  Signing do              
pass: Senators Frank, Pearce, Cochairs, Senators Rieger, Jacko, Kelly,         
Sharp.  Signing no recommendation: Senator Kerttula.                           
                                                                               
                                Letter of Intent                               
                                      for                                      
                               CS for SB 128(STA)                              
                                                                               
In recommending items for monitoring to the                                   
Legislative Budget and Audit Committee, the                                    
legislative auditor will prioritize items according to                         
their significance in terms of the necessity for                               
immediate action and their relative fiscal and/or                              
policy impacts.  The legislative auditor will work in                          
concert with OMB to balance the resources                                      
reasonably available to monitor items with the                                 
committee's recommendation of items for                                        
monitoring.                                                                    
                                                                               
In approving an item for monitoring under AS                                  
24.20.312, the Legislative Budget and Audit                                    
Committee should consider the fiscal and policy                                
significance of the item recommended by the                                    
legislative auditor.  Matters of lesser significance                           
may be referred to OMB to the extent that OMB                                  
and the legislative auditor agree that resources are                           
available to adequately monitor the items.                                     
                                                                               
                                                                               

1993-04-14                     Senate Journal                      Page 1354
SB 128                                                                       
Previous zero fiscal note.                                                     
                                                                               
SENATE BILL NO. 128 was referred to the Rules Committee.