Legislature(1999 - 2000)
04/11/2000 09:05 AM Senate FIN
Audio | Topic |
---|
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
CS FOR SENATE BILL NO. 240(L&C) "An Act relating to the establishment of and accounting for an administrative cost charge for the state's role in the community development quota program and to the appropriation of receipts from the charge; and providing for an effective date." GREG CASHEN, Community Development Quota (CDQ) Specialist, Community Development Quota, Department of Community and Economic Development stated that this legislation allowed CDQ groups that participate in this program to pay assessment fees to the state. He continued that the proposed fee schedule has two components, the first being a standard flat amount paid by each group totaling half the state's administrative costs. He noted that the other half, also paid by this group, would be a variable portion of the administrative costs based on the value of this group's fishery quota allocation. He stated that the Department of Community and Economic Development would administer the cost charge added to the statutory list of program receipts subject to separate accounting procedures. He noted that each CDQ group supports this legislation. He outlined the differences of this version versus the companion HB 334. He added that the exemption in the house bill would allow for new CDQ groups into the program without paying fees for up to two years. He cited that this exemption was taken out of the House version, including a $400,000 cap that was deleted as well. Co-Chair Parnell referred to the exemption mentioned by Mr. Cashen and wondered if it was the one noted on page 3, lines 10 - 13. He read this clause and wondered what the policy reason was behind leaving this exemption in place. Mr. Cashen responded that a Northern Alaska constituency put this exemption forth. Senator Adams added that this group was out of Kotzebue, which is trying to start a new CDQ group, which explained this exemption language. Co-Chair Parnell asked if this group needed this exemption from an economic perspective in order to help with start up costs. Senator Adams responded that this group was having a hard time getting started and a federal initiative would be needed in order to change the existing bond situation. Co-Chair Torgerson asked how much money was involved with this exemption. Mr. Cashen responded that this standard portion would total $125,000 divided between six CDQ groups. Co-Chair Torgerson noted that this bill would be set aside, and added that the companion house bill had been amended into another bill on the House floor. He would hold this version in Committee until the House bill catches up to SB 240 in the referral system. SB 240 was HELD IN COMMITTEE.
Document Name | Date/Time | Subjects |
---|