2005-01-12                     House Journal                      Page 0056
HB 70                                                                                             
HOUSE BILL NO. 70 by the House Rules Committee by request of                                        
the Governor, entitled:                                                                             
                                                                                                    

2005-01-12                     House Journal                      Page 0057
     "An Act relating to the reorganization of certain functions of the                             
     division of banking, securities, and corporations and the division                             
     of occupational licensing in the Department of Commerce,                                       
     Community, and Economic Development; and providing for an                                      
     effective date."                                                                               
                                                                                                    
was read the first time and referred to the House Special Committee on                              
Economic Development, International Trade, & Tourism and the                                        
Labor & Commerce Committee.                                                                         
                                                                                                    
                                                                                                    
The following fiscal note(s) apply:                                                                 
                                                                                                    
1.  Zero, Dept. of Commerce, Community, & Economic Development                                      
                                                                                                    
The Governor's transmittal letter dated January 11, 2005, follows:                                  
                                                                                                    
"Dear Speaker Harris:                                                                               
                                                                                                    
Under the authority of art. III, sec. 18, of the Alaska Constitution, I am                          
transmitting a bill relating to the reorganization of certain business                              
functions in the Department of Commerce, Community, and Economic                                    
Development (department).                                                                           
                                                                                                    
This bill would make statutory changes needed to fully effectuate my                                
Administrative Order No. 219, issued September 17, 2004.  The                                       
purpose of that Order, and this bill, is to further a coordinated, "one-                            
stop shopping" environment for establishing corporations, limited                                   
liability companies, and other business entities, for registering and                               
reserving business names, and for obtaining business and occupational                               
licenses.  Under the Order, almost all "corporations" functions were                                
moved from the Division of Banking, Securities, and Corporations to                                 
the Division of Occupational Licensing in the department.  To reflect                               
this reorganization in the statutes, the bill would substitute                                      
"department" for references to the two specific divisions.  These                                   
amendments also will allow the commissioner of the department                                       
future latitude in assigning duties and functions within the department,                            
including renaming divisions to more accurately reflect their current                               
objectives.                                                                                         
                                                                                                    

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Under the Order and this bill, duties related to the Alaska BIDCO Act                               
under AS 10.13 and required statements of financial conditions of                                   
business entities would not be moved to the division of occupational                                
licensing, although references in AS 10.13 to the Division of Banking,                              
Securities, and Corporations would be changed by the bill to refer to                               
the department rather than the currently named division.                                            
                                                                                                    
I urge your prompt and favorable action on this measure.                                            
                                                                                                    
                                Sincerely yours,                                                    
                                /s/                                                                 
                                Frank H. Murkowski                                                  
                                Governor"