Legislature(2017 - 2018)BARNES 124

03/31/2018 01:00 PM LABOR & COMMERCE

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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ Bills Previously Heard/Scheduled TELECONFERENCED
+= HB 262 MILITARY SPOUSE COURTESY LICENSE TELECONFERENCED
Heard & Held
-- Public Testimony --
+= HB 374 ON-BILL FINANCING OF ENERGY IMPROVEMENTS TELECONFERENCED
Moved CSHB 374(L&C) Out of Committee
-- Public Testimony --
+= HB 384 REGULATORY COMM OF AK; BROADBAND INTERNET TELECONFERENCED
Moved HB 384 Out of Committee
-- Public Testimony --
+= HB 401 INSURANCE; REINSURANCE;VALUATION; CREDITS TELECONFERENCED
Moved CSHB 401(L&C) Out of Committee
        HB 401-INSURANCE; REINSURANCE;VALUATION; CREDITS                                                                    
                                                                                                                                
1:38:32 PM                                                                                                                    
                                                                                                                                
CHAIR KITO  announced that the  final order of business  would be                                                               
HOUSE BILL  NO. 401, "An  Act relating to insurance;  relating to                                                               
credit  for   reinsurance;  insurance  standard   valuation;  and                                                               
providing for an effective date."                                                                                               
                                                                                                                                
1:40:41 PM                                                                                                                    
                                                                                                                                
REPRESENTATIVE  WOOL moved  to  adopt  the CS  for  HB  401 as  a                                                               
working document.                                                                                                               
                                                                                                                                
CHAIR KITO objected for discussion.                                                                                             
                                                                                                                                
1:40:55 PM                                                                                                                    
                                                                                                                                
CAITLYN  ELLIS,  Staff,  Representative Sam  Kito,  Alaska  State                                                               
Legislature,  presented  the  changes  to the  proposed  bill  on                                                               
behalf of  Representative Kito, prime  sponsor. She  stated there                                                               
were a number  of drafting issues that were being  resolved.  The                                                               
summary  of  changes  [included in  committee  packet],  with  an                                                               
additional table of drafting changes, read as follows:                                                                          
                                                                                                                                
     The CS for HB 401  makes drafting changes in accordance                                                                    
     with  the  legislative  drafting manual.  The  original                                                                    
     legislation  was  drafted  to repeal  and  reenact  the                                                                    
     credit for reinsurance model  act. The CS interlineates                                                                    
     revisions  to   model  law  in  existing   statute.  No                                                                    
     substantive changes are made in the revision.                                                                              
                                                                                                                                
1:42:15 PM                                                                                                                    
                                                                                                                                
CHAIR  KITO  commented  that  the bill  was  being  examined  for                                                               
drafting changes to conform to  legislative drafting manuals.  He                                                               
stated he would like to continue  to move the bill forward as the                                                               
changes were being implemented.                                                                                                 
                                                                                                                                
1:43:01 PM                                                                                                                    
                                                                                                                                
REPRESENTATIVE JOSEPHSON asked about other committee referrals.                                                                 
                                                                                                                                
CHAIR  KITO  said  the  bill   would  be  going  to  House  Rules                                                               
Committee.                                                                                                                      
                                                                                                                                
REPRESENTATIVE JOSEPHSON  asked whether  the intent was  to bring                                                               
the changes to the House floor.                                                                                                 
                                                                                                                                
CHAIR  KITO answered  the changes  would  be worked  on while  it                                                               
moved on through to the other body.                                                                                             
                                                                                                                                
1:44:06 PM                                                                                                                    
                                                                                                                                
CHAIR  KITO  removed  his  objection.   There  being  no  further                                                               
objection, Version D was adopted as the working document.                                                                       
                                                                                                                                
1:44:23 PM                                                                                                                    
                                                                                                                                
LORI WING-HEIER,  Director, Division of Insurance,  Department of                                                               
Commerce,  Community  &  Economic Development  (DCCED),  answered                                                               
questions in the hearing on HB  401. She clarified that the bill,                                                               
in  its entirety,  is based  on  NAIC model  law.   She said  the                                                               
repeal  and   reenact  approach   was  not  in   accordance  with                                                               
legislative drafting  manuals.   She said that  all parts  of the                                                               
model law are  in the CS and  have been noted in the  CS, but the                                                               
overall intent has not changed in the CS.                                                                                       
                                                                                                                                
1:45:41 PM                                                                                                                    
                                                                                                                                
CHAIR KITO  announced that public  testimony was still  open from                                                               
the previous meeting.                                                                                                           
                                                                                                                                
REPRESENTATIVE  WOOL  asked  about  the issues  with  repeal  and                                                               
reenact motions.                                                                                                                
                                                                                                                                
CHAIR  KITO explained  that the  changes were  ensuring that  the                                                               
proposed  CS conforms  to Legislative  Drafting  manuals and  the                                                               
 repeal  and replace"  of a  section of  statute was  still being                                                               
worked on.  He indicated there was also a time issue.                                                                           
                                                                                                                                
REPRESENTATIVE JOSEPHSON asked for  an explanation of the urgency                                                               
of the adoption of the changes.                                                                                                 
                                                                                                                                
MS. WING-HEIER answered that first part  of the bill   credit for                                                               
reinsurance    was for all  states seeking accreditation  and had                                                               
an effective  date in  2019. The  second part of  the bill  has a                                                               
2020 effective date.  She stated the 2019 date was most urgent.                                                                 
                                                                                                                                
1:48:56 PM                                                                                                                    
                                                                                                                                
CHAIR KITO closed public testimony on HB 401.                                                                                   
                                                                                                                                
1:49:07 PM                                                                                                                    
                                                                                                                                
REPRESENTATIVE WOOL moved to report HB 401 out of committee with                                                                
individual recommendations and the accompanying fiscal notes.                                                                   
There being no objection, it was so ordered.                                                                                    

Document Name Date/Time Subjects
HB262 Supporting Document- Military Spouse Licensure State Report - Alaska.pdf HL&C 3/31/2018 1:00:00 PM
HB 262
HB262 Supporting Documents- DoD Officials Assesment Article.pdf HL&C 3/31/2018 1:00:00 PM
HB 262
HB262 Supporting Documents- Expedited Application for Mil. Spouses.pdf HL&C 3/31/2018 1:00:00 PM
HB 262
HB262 Supporting Documents- EAFB Regional Growth Plan.pdf HL&C 3/31/2018 1:00:00 PM
HB 262
HB 262 Supporting Document- A,N,A Secs Memo.pdf HL&C 3/31/2018 1:00:00 PM
HB 262
HB262 ver D.PDF HL&C 3/31/2018 1:00:00 PM
HB 262
CSHB262(MLV) ver J.PDF HL&C 3/31/2018 1:00:00 PM
HB 262
HB262 Explanation of Changes.pdf HL&C 3/31/2018 1:00:00 PM
HB 262
HB262 Fiscal Note DCCED CBPL 3.23.18.pdf HL&C 3/31/2018 1:00:00 PM
HB 262
HB262 Sponsor Statement.pdf HL&C 3/31/2018 1:00:00 PM
HB 262
HB262 Support Letters 3.26.18.pdf HL&C 3/31/2018 1:00:00 PM
HB 262
HB262 Supporting Document- Board of Barbers Llc Instructions.pdf HL&C 3/31/2018 1:00:00 PM
HB 262
HB262 Supporting Document- DC Doehl MLV Letter.pdf HL&C 3/31/2018 1:00:00 PM
HB 262
HB262 Supporting Document- DoD Licensure Implementation Eval. 2.2.17.pdf HL&C 3/31/2018 1:00:00 PM
HB 262
HB262 Supporting Document- Military Licensure Update CBPL 2-1-18.pdf HL&C 3/31/2018 1:00:00 PM
HB 262
HB401 Ver D.pdf HL&C 3/31/2018 1:00:00 PM
HB 401
HB374 Ver E.pdf HL&C 3/31/2018 1:00:00 PM
HB 374
HB401 Summary of Changes ver A to ver D.pdf HL&C 3/31/2018 1:00:00 PM
HB 401
HB401 Sectional Analysis ver D.pdf HL&C 3/31/2018 1:00:00 PM
HB 401
HB374 Explanation of Changes from vers N to vers E.PDF HL&C 3/31/2018 1:00:00 PM
HB 374