Legislature(2017 - 2018)ADAMS ROOM 519
03/12/2018 01:30 PM House FINANCE
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| Audio | Topic |
|---|---|
| Start | |
| HJR23 | |
| HB97 | |
| HJR23 | |
| Public Testimony | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| *+ | HJR 23 | TELECONFERENCED | |
| + | HB 97 | TELECONFERENCED | |
| + | TELECONFERENCED |
HOUSE BILL NO. 97
"An Act repealing the insurance tax credit for gifts
to the Alaska fire standards council; and providing
for an effective date."
4:40:23 PM
REPRESENTATIVE STEVE THOMPSON, SPONSOR, introduced himself.
He thanked the committee for hearing the bill.
MAX THOMPSON, SON, REPRESENTATIVE STEVE THOMPSON,
introduced himself.
FORREST WOLFE, STAFF, REPRESENTATIVE STEVE THOMPSON,
introduced himself.
Representative Thompson explained that the bill had
originated from a search for indirect expenditures. He
explained that the bill pertained to a tax credit that had
been established in 2000 to allow insurance companies to
donate to establishing the fire standards council. During
the process of the bill passing through the legislature,
other funding had been located and the tax credit had never
been utilized. He elaborated that no one had ever donated
or taken a tax credit in the 18 years since the passage of
the bill. He believed it was time to remove the credit from
statute. He encouraged the committee to pass the bill.
Representative Guttenberg asked if Mr. Max Thompson thought
they should pass the bill.
Mr. Max Thompson replied in the affirmative.
Co-Chair Foster listed individuals available online for
questions.
Co-Chair Foster OPENED and CLOSED public testimony.
4:43:41 PM
Vice-Chair Gara reviewed the zero fiscal note from the
Department of Public Safety.
Co-Chair Seaton MOVED to REPORT HB 97(STA) out of committee
with individual recommendations and the accompanying fiscal
note.
There being NO OBJECTION, HB 97(STA) was REPORTED out of
committee with a "do pass" recommendation and with one zero
fiscal note from the Department of Public Safety.
Representative Wilson requested to hear any public
testimony that may have been online for HJR 23.
Co-Chair Foster agreed; however, there were no testifiers
remaining online. Public testimony would begin at 7:00 p.m.
4:46:14 PM
RECESSED
7:03:47 PM
RECONVENED