05/01/1997 09:10 AM Senate FIN

                                                                               
       HOUSE BILL NO. 35                                                       
                                                                               
       "An Act extending  the termination  date of the  Alaska                 
  regional  economic assistance program;  and providing for an                 
  effective      date."                                                        
                                                                               
  Co-chair  Sharp introduced  HB 35.   Cliff  Stone, staff  to                 
  Representative  Alan  Austerman  was  invited  to  join  the                 
  committee.  He  explained the sunset  date on behalf of  the                 
  sponsor.                                                                     
                                                                               
                                                                               
  Paul Fuhs, Alaska ARDOR Association  was invited to join the                 
  committee.  He  referred to the  ARDOR annual report.   They                 
  had expected  an LB&A audit.   He said this  was an outreach                 
  program for AIDEA and that $620,000 had been included in the                 
  House and Senate budget.                                                     
                                                                               
  Senator   Torgerson    moved   HB    35   with    individual                 
  recommendations  and  updated  fiscal note  of  1  May 1997.                 
  Without objection it was reported out.                                       
                                                                               
                                                                               
  ADJOURNMENT                                                                  
                                                                               
  Co-chair  Sharp   adjourned  the  meeting  until  9:00  a.m.                 
  tomorrow.