Legislature(2021 - 2022)SENATE FINANCE 532
04/25/2022 09:00 AM Senate FINANCE
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Audio | Topic |
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Start | |
HB102 | |
SB121 | |
HB155 | |
Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
+= | HB 102 | TELECONFERENCED | |
+= | SB 121 | TELECONFERENCED | |
+ | HB 155 | TELECONFERENCED | |
+ | TELECONFERENCED |
HOUSE BILL NO. 102 "An Act relating to the state insurance catastrophe reserve account; and providing for an effective date." 9:04:38 AM Co-Chair Bishop relayed that it was the second hearing for HB 102. Co-Chair Stedman MOVED to ADOPT proposed committee substitute for HB 102, Work Draft 32-GH1689\B (Marx, 4/22/22). Co-Chair Bishop OBJECTED for discussion. 9:05:09 AM ERIN SHINE, STAFF, SENATOR CLICK BISHOP, explained that the only alteration proposed in the committee substitute (CS) was the change of the effective date from June 30, 2021 to June 30, 2022. 9:06:01 AM AT EASE 9:06:18 AM RECONVENED LESLIE ISAACS, ADMINISTRATIVE SERVICE DIRECTOR, DEPARTMENT OF ADMINISTRATION, OFFICE OF MANAGEMENT AND BUDGET, OFFICE OF THE GOVERNOR, explained that HB 102 would adjust the upper limit of the catastrophic reserve account fund from $5 million to $50 million. He noted that the bill would allow the legislature to self-insure the property, which had been previously discussed. He added that there had been a question about the involvement of the Federal Emergency Management Agency (FEMA) in a previous hearing and reported that there needed to be either a state or federal disaster declaration in order for FEMA to be involved. Co-Chair Bishop affirmed that the question had been asked in the prior week and thanked Mr. Issacs for the clarification. Co-Chair Bishop presented the fiscal impact note from the Department of Administration (DOA) with OMB component 71 and control code RwdhS. He relayed there seemed to be a $3 million savings in FY 23 and FY 24, a $5 million savings in FY 25, and a $6 million savings in FY 26 through FY 28. 9:08:01 AM Co-Chair Stedman MOVED to REPORT SCS HB 102(FIN) out of Committee with individual recommendations and the accompanying fiscal note. There being NO OBJECTION, it was so ordered. SCS HB 102(FIN) was REPORTED out of committee with four "do pass" recommendations and with two "no recommendation" recommendations, and with one new fiscal impact note from the Department of Administration. 9:08:22 AM AT EASE 9:10:15 AM RECONVENED
Document Name | Date/Time | Subjects |
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HB102-DOA-DRM SFIN 2022 draft changes per Sen FIN 04182022.pdf |
SFIN 4/25/2022 9:00:00 AM |
HB 102 |
HB 155 Testimony Office of Public Advocacy 4.3.2021.pdf |
HFIN 5/5/2021 9:00:00 AM SFIN 4/25/2022 9:00:00 AM SFIN 5/11/2022 1:00:00 PM |
HB 155 |
HB 155 Sponsor Statement 3.30.2021.pdf |
HFIN 5/5/2021 9:00:00 AM SFIN 4/25/2022 9:00:00 AM |
HB 155 |
HB 155 Explanation of Changes Version B to Version 1 02.16.2022.pdf |
SFIN 4/25/2022 9:00:00 AM |
HB 155 |
HB 155 Version I Sectional Analysis 02.15.2022.pdf |
SFIN 4/25/2022 9:00:00 AM |
HB 155 |
HB 155 Additional Document - Alaska Court System Response to HJUD Questions on April 5_2021 4.7.2021.pdf |
SFIN 4/25/2022 9:00:00 AM |
HB 155 |
SB 121 support Kiehl.pdf |
SFIN 4/25/2022 9:00:00 AM |
SB 121 |
SB 121 Suppot Testimony - Jenn Currie.pdf |
SFIN 4/25/2022 9:00:00 AM |
SB 121 |
SB 121 RCRA Response to SFIN - 04.28.22.pdf |
SFIN 4/25/2022 9:00:00 AM |
SB 121 |