Legislature(2007 - 2008)SENATE FINANCE 532
05/07/2007 01:30 PM Senate FINANCE
Audio | Topic |
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Start | |
SB72 | |
SB124 | |
SB53 | |
Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
*+ | SB 72 | TELECONFERENCED | |
*+ | SB 124 | TELECONFERENCED | |
*+ | SB 53 | TELECONFERENCED | |
+ | TELECONFERENCED |
CS FOR SENATE BILL NO. 124(L&C) "An Act relating to unemployment contributions for the Alaska technical and vocational education program and to the allocation of money appropriated to the Alaska Workforce Investment Board; and providing for an effective date." This was the second hearing for this bill in the Senate Finance Committee. Senator Olson, the bill's sponsor, moved to adopt CS SB 124, 25- LS0751\V, Kane, dated May 7, 2007, as the working document. There being no objection, the Version "V" committee substitute was ADOPTED as the working document. 2:42:16 PM Senator Olson stated that the purpose of the bill was to increase the percent of wages employers remit to the State as specified in AS 23.20.175. This money would assist in increasing funding to current Alaska Technical and Vocational Education (Voc-Tec) training program entities as well as the four other training programs added by the bill. The entities that would be supported by this action are specified in Sec. 2 page 2, lines 7 through 16 of the bill. 2:43:36 PM DAVE GRAY, Staff to Senator Donny Olson, explained that the Version "V" committee substitute added a new participant, the Ketchikan Job Center, to the list of Voc-Tec entities specified in the Senate Labor and Commerce committee substitute. In order to adequately fund the new participant, a slight reduction in funding was made to the other entities. None of the other participants in the program object to this change. 2:45:33 PM Co-Chair Hoffman moved to report CS SB 124, 25-LS0751\V from Committee with individual recommendations and accompanying fiscal notes. There being no objection, CS SB 124(FIN) was REPORTED from Committee with two new fiscal notes: a $41,300 fiscal note dated May 7, 2007 from the University of Alaska and a $2,912,200 fiscal note dated May 7, 2007 from the Department of Labor and Workforce Development. AT EASE 2:46:21 PM / 3:28:20 PM
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