Legislature(2017 - 2018)SENATE FINANCE 532

05/09/2017 04:30 PM CONFERENCE COMMITTEE ON SB26

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Audio Topic
04:30:37 PM Start
04:34:46 PM Adjourn
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
SB 26 APPROP LIMIT & PER FUND:DIVIDEND;EARNINGS
Heard & Held
Organizational Meeting
CS FOR SENATE BILL NO. 26(FIN)                                                                                                
                                                                                                                                
     "An Act  relating to  an appropriation  limit; relating                                                                    
     to  the   budget  responsibilities  of   the  governor;                                                                    
     relating to the Alaska  permanent fund, the earnings of                                                                    
     the  Alaska permanent  fund, and  the earnings  reserve                                                                    
     account;  relating to  the  mental  health trust  fund;                                                                    
     relating to  deposits into the dividend  fund; relating                                                                    
     to  the  calculation  and  payment  of  permanent  fund                                                                    
     dividends; and providing for an effective date."                                                                           
                                                                                                                                
HOUSE CS FOR CS FOR SENATE BILL NO. 26(FIN)(efd fld H)                                                                        
                                                                                                                                
     "An Act  relating to  an appropriation  limit; relating                                                                    
     to  the   budget  responsibilities  of   the  governor;                                                                    
     relating to the Alaska  permanent fund, the earnings of                                                                    
     the  Alaska permanent  fund, and  the earnings  reserve                                                                    
     account;  relating to  the  mental  health trust  fund;                                                                    
     relating  to  deposits  into  the  dividend  fund;  and                                                                    
     relating to  the calculation  and payment  of permanent                                                                    
     fund dividends."                                                                                                           
                                                                                                                                
4:31:46 PM                                                                                                                    
                                                                                                                                
Co-Chair MacKinnon  announced that the  Conference Committee                                                                    
operated  under Uniform  Rule 42.  She announced  that there                                                                    
would  be  no  public   testimony.  She  remarked  that  the                                                                    
adoption  of the  conference  committee  report required  an                                                                    
affirmative vote by  a majority of the  membership from each                                                                    
body. She announced that the  two versions of the bill, CSSB                                                                    
26(FIN); and HCS  CS SB 26(FIN)(efd fld H)  be considered in                                                                    
the meeting.                                                                                                                    
                                                                                                                                
Senator Hoffman  MOVED to  ADOPT the  Senate version  of the                                                                    
bill, version D.                                                                                                                
                                                                                                                                
Co-Chair Foster OBJECTED.                                                                                                       
                                                                                                                                
A roll call vote was taken on the motion.                                                                                       
                                                                                                                                
IN FAVOR: Hoffman, MacKinnon                                                                                                    
OPPOSED: Seaton, Thompson, Egan, Foster                                                                                         
                                                                                                                                
The MOTION to adopt version D FAILED (2/4).                                                                                     
                                                                                                                                
Co-Chair  Foster MOVED  to ADOPT  the House  version of  the                                                                    
bill, version R.A.                                                                                                              
                                                                                                                                
Co-Chair MacKinnon OBJECTED.                                                                                                    
                                                                                                                                
A roll call vote was taken on the motion.                                                                                       
                                                                                                                                
IN FAVOR: Egan, Seaton, Foster                                                                                                  
OPPOSED: Thompson, Hoffman, MacKinnon                                                                                           
                                                                                                                                
                                                                                                                                
The MOTION to adopt version R.A FAILED (3/3).                                                                                   
                                                                                                                                
Co-Chair MacKinnon directed members' attention to the                                                                           
spreadsheet in their folders, and encouraged them to study                                                                      
it before the next meeting.                                                                                                     
                                                                                                                                
SB 26 was HEARD and HELD in committee for further                                                                               
consideration.                                                                                                                  
                                                                                                                                

Document Name Date/Time Subjects