Legislature(2005 - 2006)HOUSE FINANCE 519
04/26/2006 01:30 PM House FINANCE
Audio | Topic |
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Start | |
SB237 | |
HB29 | |
HB375 | |
SB305 | |
Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
+= | HB 375 | TELECONFERENCED | |
+ | HB 306 | TELECONFERENCED | |
+ | SB 305 | TELECONFERENCED | |
+ | TELECONFERENCED | ||
+= | HB 29 | TELECONFERENCED | |
+= | SB 237 | TELECONFERENCED | |
HOUSE BILL NO. 375 "An Act relating to the retirement benefit liability account and appropriations from that account; relating to deposits of certain income earned on money received as a result of State v. Amerada Hess, et al., 1JU-77- 847 Civ. (Superior Court, First Judicial District); and providing for an effective date." Representative Holm reported that he spoke to people in Fairbanks and they are in agreement with Amendment 2, which was adopted at a previous meeting. Co-Chair Chenault noted a new zero fiscal note from the Department of Administration. He stated that the Department of Revenue needs to revise the fiscal note analysis, which currently lists Amerada Hess as the source of funding for the account. Representative Hawker voiced concern about the attempt to create a universal mechanism, when each community has a unique need. He said he would not oppose the bill today, but would when it is read across the floor. 2:32:44 PM Representative Joule also shared reservations about the bill because it does not address concerns in all communities. All communities should be treated fairly. He spoke about the needs in his district. 2:34:14 PM Representative Foster MOVED to REPORT CSHB 375 (FIN) out of committee, as amended, with individual recommendations and the accompanying fiscal notes. There being NO OBJECTION, it was so ordered. CSHB 375 (FIN) was REPORTED out of Committee with a "do pass" recommendation and with a new zero fiscal note by the Department of Revenue, and with a new zero fiscal note by the Department of Administration. AT EASE: 2:35:05 PM RECONVENE:2:45:33 PM
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