2003-05-08                     Senate Journal                      Page 1247
HB 11                                                                                             
The Finance Committee considered HOUSE BILL NO. 11 "An Act                                          
relating to deposits to the Alaska permanent fund from mineral lease                                
rentals, royalties, royalty sale proceeds, net profit shares under AS                               
38.05.180(f) and (g), federal mineral revenue sharing payments                                      
received by the state from mineral leases, and bonuses received by the                              
state from mineral leases, and limiting deposits from those sources to                              
the 25 percent required under art. IX, sec. 15, Constitution of the State                           
of Alaska; and providing for an effective date." Signing do pass:                                   
Senators Green, Wilken, Cochairs; Senators Bunde, Ben Stevens.                                      
Signing do not pass: Senator Taylor. Signing no recommendation:                                     
Senators Olson, Hoffman.                                                                            
                                                                                                    
The following previously published fiscal information applies:                                      
 Fiscal Note No. 1, zero, Department of Revenue                                                     
 Fiscal Note No. 2, Department of Revenue                                                           
 Fiscal Note No. 3, Department of Revenue                                                           
                                                                                                    
The bill was referred to the Rules Committee.