Legislature(2017 - 2018)BUTROVICH 205
05/12/2018 04:45 PM Senate RULES
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| Audio | Topic |
|---|---|
| Start | |
| HB213 | |
| HB280 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| += | HB 213 | TELECONFERENCED | |
| + | HB 280 | TELECONFERENCED | |
HB 213-PUBLIC SCHOOL TRUST FUND
4:43:00 PM
CHAIR MEYER announced consideration of HB 213. [SCS CSHB
213(FIN), version 30-LS0765\T, was before the committee.]
REPRESENTATIVE KELLY moved to adopt SCS CSHB 213(RLS), version
30-LS0765\I.
CHAIR MEYER objected for discussion purposes.
SENATOR BISHOP, Alaska State Legislature, Juneau, Alaska, said
both these bills complement each other in supporting education.
4:44:26 PM
PETE FELMAN, staff to Senator Bishop, Alaska State Legislature,
Juneau, Alaska, provided a sectional analysis for SCS CSHB 213
(RLS), version 30-LS0765\I. He stated as follows:
Section 1, page 1, line 11 is legislative intent language that
makes it clear that the intent is that any money raised by the
education raffle will supplement - not supplant - any current
funding.
Section 2 is on page 2, line 26, allows adding the Permanent
Fund Education Raffle to the statutes, exempting it from the
gambling statutes.
CHAIR MEYER interrupted to ask him for just a high-level summary
since this bill had been heard before.
MR. FELMAN skipped to Section 7 that allows for the
contributions to be categorized according to how much money is
in the donations.
Section 8 creates the Education Endowment Fund that will be
managed by the commissioner.
Section 8 also creates the Dividend Raffle Fund that has a cap
of $300 million and it allows donations to go in and then prizes
to be paid out of that. Eighty-five percent of that money will
stay in the Raffle Fund.
Section 9 has no changes.
4:46:34 PM
Section 10 provides for an effective date.
CHAIR MEYER, finding no further questions, removed his
objection.
REPRESENTATIVE KELLY moved to report SCS CSHB 213(RLS) from
committee with individual recommendations. There were no
objections and it was so ordered.
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