04/17/2010 11:39 AM Senate FIN

CS FOR HOUSE JOINT RESOLUTION NO. 45(FIN) am                                                                                  
                                                                                                                                
     Urging the United States Congress not to enact Cap and                                                                     
     Trade legislation.                                                                                                         
                                                                                                                                
JOHN  BITNEY,   LEGISLATIVE  COUNCIL,   REPRESENTATIVE  JOHN                                                                    
HARRIS, shared  that the resolution expresses  opposition to                                                                    
legislation  being  contemplated   in  Congress  that  would                                                                    
establish a cap and trade  program. The bill is sponsored by                                                                    
Representative  Stoltz  and   eighteen  co-sponsors  in  the                                                                    
House.  The  concern  is  the  impact  on  the  economy.  He                                                                    
reported  that  a  hybrid  version  of  the  bill  would  be                                                                    
introduced by  the end of  the month and  contain provisions                                                                    
that would increase the taxes on gasoline.                                                                                      
                                                                                                                                
1:53:40 PM                                                                                                                    
                                                                                                                                
Co-Chair  Hoffman questioned  if  Congress  would listen  to                                                                    
this resolution.  Mr. Bitney replied  that the voice  of the                                                                    
state held weight concerning the issue.                                                                                         
                                                                                                                                
Co-Chair Stedman pointed out a zero fiscal note.                                                                                
                                                                                                                                
Co-Chair Hoffman  MOVED to  report HJR  45 out  of Committee                                                                    
with individual recommendations  and the accompanying fiscal                                                                    
note. There being no OBJECTION it was so ordered.                                                                               
                                                                                                                                
CSHJR 45  (FIN)am was REPORTED  out of Committee with  a "do                                                                    
pass" recommendation and with zero FN 2 LEG.                                                                                    
                                                                                                                                
1:56:04 PM