Legislature(2017 - 2018)ADAMS ROOM 519

04/11/2018 01:30 PM FINANCE

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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+= HB 339 INCREASE BASE STUDENT ALLOCATION TELECONFERENCED
Scheduled but Not Heard
+= SB 32 PRESCRIPTIONS FOR BIOLOGICAL PRODUCTS TELECONFERENCED
Moved HCS SB 32(FIN) Out of Committee
-- Public Testimony --
+ SB 4 BARBERS/HAIRDRESSERS;CHEMICALS;BRAIDING TELECONFERENCED
Moved HCS CSSSSB 4(L&C) Out of Committee
-- Public Testimony --
+ Bills Previously Heard/Scheduled TELECONFERENCED
+= HB 306 PERS/TERS DISTRIBUTIONS TELECONFERENCED
Moved CSHB 306(FIN) Out of Committee
+= HB 384 REGULATORY COMM OF AK; BROADBAND INTERNET TELECONFERENCED
Moved HB 384 Out of Committee
HOUSE BILL NO. 306                                                                                                            
                                                                                                                                
     "An  Act relating  to  disbursement  options under  the                                                                    
     Public Employees'  Retirement System of Alaska  and the                                                                    
     Teachers' Retirement System  of Alaska for participants                                                                    
     in the defined contribution  plan; and providing for an                                                                    
     effective date."                                                                                                           
                                                                                                                                
4:07:21 PM                                                                                                                    
AT EASE                                                                                                                         
                                                                                                                                
4:07:53 PM                                                                                                                    
RECONVENED                                                                                                                      
                                                                                                                                
Vice-Chair Gara  relayed that the bill  was previously heard                                                                    
on April 9, 2018.                                                                                                               
                                                                                                                                
JANE  PIERSON, STAFF,  REPRESENTATIVE NEAL  FOSTER, reported                                                                    
the changes in the  committee substitute (CS). She explained                                                                    
that   Legislative   Legal   Services   concurred   that   a                                                                    
"diminishment  of existing  benefits" would  possibly occur.                                                                    
The CS left the  original six disbursement options unchanged                                                                    
in the  bill and  changed the  seventh disbursement  to read                                                                    
"payment  as  authorized by  regulation  or  adopted by  the                                                                    
commissioner of the Department of Administration (DOA)."                                                                        
                                                                                                                                
Representative  Ortiz  wondered  about  the  impact  of  the                                                                    
change.   Ms.  Pierson   explained  that   a  constitutional                                                                    
provision   stated  that   benefits  already   promised  via                                                                    
contract could  not be diminished.  The change  ensured that                                                                    
the original distribution methods remained in statute.                                                                          
                                                                                                                                
Representative   Guttenberg   asked   whether   the   Alaska                                                                    
Retirement  Management  Board  (ARMB)  could  "add  more  by                                                                    
regulation."  Ms.  Pierson  replied  that  the  payment  was                                                                    
authorized by the commissioner of DOA.                                                                                          
                                                                                                                                
Representative Wilson MOVED to  ADOPT the proposed committee                                                                    
substitute  for  HB  306,  Work  Draft  30-GH2815\J  (Wayne,                                                                    
4/11/18). There being NO OBJECTION, it was so ordered.                                                                          
                                                                                                                                
4:10:50 PM                                                                                                                    
                                                                                                                                
SYLVAN    ROBB,   DEPUTY    COMMISSIONER,   DEPARTMENT    OF                                                                    
ADMINISTRATION,  answered  that  the  regulations  would  be                                                                    
adopted   by  the   commissioner   of   the  Department   of                                                                    
Administration based  on Alaska Retirement  Management Board                                                                    
recommendations.                                                                                                                
                                                                                                                                
Representative  Wilson presumed  the change  did not  impact                                                                    
the zero fiscal note. Ms. Robb replied in the affirmative.                                                                      
                                                                                                                                
Vice-Chair Gara reviewed the new zero fiscal note from DOA.                                                                     
                                                                                                                                
Vice-Chair  Gara  MOVED  to  REPORT  CSHB  306(FIN)  out  of                                                                    
committee   with   individual    recommendations   and   the                                                                    
accompanying fiscal  note(s). There  being NO  OBJECTION, it                                                                    
was so ordered.                                                                                                                 
                                                                                                                                
CSHB  306(FIN) was  REPORTED  out of  committee  with a  "do                                                                    
pass" recommendation and with one  zero fiscal note from the                                                                    
Department of Administration.                                                                                                   
                                                                                                                                
4:13:14 PM                                                                                                                    
AT EASE                                                                                                                         
                                                                                                                                
4:13:58 PM                                                                                                                    
RECONVENED                                                                                                                      
                                                                                                                                

Document Name Date/Time Subjects
HB 339 Support.pdf HFIN 4/11/2018 1:30:00 PM
HB 339
SB032 Opposing Document-Opposition Letters 04.17.17.pdf HFIN 4/11/2018 1:30:00 PM
SB 32
SB032 Sectional Analysis ver J 04.17.17.pdf HFIN 4/11/2018 1:30:00 PM
SB 32
SB032 Sponsor Statement 04.17.17.pdf HFIN 4/11/2018 1:30:00 PM
SB 32
SB032 Supporting Documents-Support Letters 04.17.17.pdf HFIN 4/11/2018 1:30:00 PM
SB 32
SB32_Support_050317.pdf HFIN 4/11/2018 1:30:00 PM
SB 32
SB4 Explanation of Changes ver. J to ver. N 4.2.3018.pdf HFIN 4/11/2018 1:30:00 PM
SB 4
SB4 Sectional Analysis ver. N 4.2.2018.pdf HFIN 4/11/2018 1:30:00 PM
SB 4
SB4 Sponsor Statement ver. N 4.2.2018.pdf HFIN 4/11/2018 1:30:00 PM
SB 4
SB4 Support Letters 4.2.2018.pdf HFIN 4/11/2018 1:30:00 PM
SB 4
SB4 Support Doc - News Articles 4.2.2018.pdf HFIN 4/11/2018 1:30:00 PM
SB 4
SB4 Support Doc - Braiding Regs Report Packet Version 4.2.2018.pdf HFIN 4/11/2018 1:30:00 PM
SB 4
SB4 Support Doc - DEC Letters 4.2.2018.pdf HFIN 4/11/2018 1:30:00 PM
SB 4
Board of Pharmacy BOP 3-22-18 SB32 Support Letter.pdf HFIN 4/11/2018 1:30:00 PM
SB 32
HB 386 Opposition.PDF HFIN 4/11/2018 1:30:00 PM
HB 386
Alaska AMCP letter SB 32.pdf HFIN 4/11/2018 1:30:00 PM
SB 32
HB384 2018-03-29 ATA Comments in Opposition to .pdf HFIN 4/11/2018 1:30:00 PM
HB 384
HB 384 Letter of Opposition - House Finance.pdf HFIN 4/11/2018 1:30:00 PM
HB 384
HB 385 - Sectional Analysis - 4.10.2018.pdf HFIN 4/11/2018 1:30:00 PM
HB 385
SB 32 Alaska Biosimilars one-pager.pdf HFIN 4/11/2018 1:30:00 PM
SB 32
SB 32 Alaska UNITED Support doc_4.11.18.pdf HFIN 4/11/2018 1:30:00 PM
SB 32
SB 32 Biologicals list under 505 pathway.pdf HFIN 4/11/2018 1:30:00 PM
SB 32
HB 306 CS WORKDRAFT v J.pdf HFIN 4/11/2018 1:30:00 PM
HB 306