Legislature(2001 - 2002)
04/25/2002 02:14 PM House FIN
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* first hearing in first committee of referral
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= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
HOUSE BILL NO. 287
"An Act relating to the exemption of commercial fishing
entry permits from claims of creditors, to loans to
satisfy past due federal tax obligations of commercial
fishing entry permit holders, and to loan origination
charges for loans made by the commercial fishing loan
program to refinance a debt obligation; and providing
for an effective date."
Co-Chair Mulder MOVED to ADOPT proposed committee
substitute, work draft LS1106\S, dated 4/24/02. He explained
that the draft takes out sections of the legislation
pertaining to reconfiguration of the loan. Portions
requested by the Limited Entry Commission were retain and
the legislation meets with the Commission and sponsor's
concurrence.
Co-Chair Mulder MOVED to report CSHB 287 (FIN) out of
Committee with the accompanying fiscal note. There being NO
OBJECTION, it was so ordered.
CSHB 287 (FIN) was REPORTED out of Committee with a "do
pass" recommendation and with two previously published
fiscal notes: DFG #1 and CED #2.
#318
HOUSE BILL NO. 318
"An Act relating to a health insurance uniform
prescription drug information card; and providing for
an effective date."
Co-Chair Mulder MOVED to ADOPT proposed committee
substitute, work draft LS1061\X, dated 4/24/02. There being
NO OBJECTION, it was so ordered. He explained that the
committee substitute extends the effective date to July 1,
2004. He acknowledged that the amendment is a compromise and
noted that the sponsor concurs. The effective date would
allow a transition period.
Co-Chair Mulder MOVED to report CSHB 318 (FIN) out of
Committee with the accompanying fiscal note. There being NO
OBJECTION, it was so ordered.
CSHB 318 (FIN) was REPORTED out of Committee with a "do
pass" recommendation and with two previously published
fiscal notes: ADM #1 and CED #2.
#519
HOUSE BILL NO. 519
"An Act authorizing priority treatment under the Right-
of-Way Leasing Act for an Alaska North Slope natural
gas project; expanding the scope for the kinds of gas
development projects that may become qualified projects
under the Alaska Stranded Gas Development Act;
extending the deadline for submitting applications
under the Alaska Stranded Gas Development Act;
exempting an Alaska North Slope natural gas project
from state property tax and all municipal taxes during
construction; and providing for an effective date."
Co-Chair Mulder MOVED to ADOPT proposed committee substitute
22-LS1651\W, dated 4/25/02. There being NO OBJECTION, it was
so ordered.
REPRESENTATIVE PETE KOTT, SPONSOR, discussed the committee
substitute. He noted explained that the railroad bill was
included in the legislation: sections 2, 4, 5, 6, and 14. He
discussed other changes to the legislation. An end date, of
December 31, 2015, for application of the tax break was
added on page 7 lines 1 - 24. Language on page 9, line 10 -
13 clarifies that the exemption must be applied for and the
negotiation process must be agreed to.
HB 519 was heard and HELD in Committee for further
consideration.
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