Legislature(1995 - 1996)

04/07/1995 01:39 PM Senate JUD

Audio Topic
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
txt
          HB   4 PERMANENT FUND DIVIDEND ELIGIBILITY                          
                                                                              
 ROD MOURANT, legislative aide to Representative Kott, stated the              
 committee requested the following information: the dollar amounts             
 required to pay people previously denied permanent fund dividends             
 for the reasons covered in HB 4; and the number of late filers and            
 cost involved in paying those people.  The expenses are as follows:           
 1994  2,690 applicants @ $983.90        $2,646,691                           
  1993    200 applicants @  949.46     189,892                                 
  1992     25 applicants @  915.84      22,896                               
          $2,859,479                                                           
                                                                               
 SENATOR TAYLOR asked if the fiscal impact on the general fund would           
 remain at $600.  MR. MOURANT answered affirmatively.                          
                                                                               
 Number 372                                                                    
                                                                               
 SENATOR ADAMS asked how many spouses are of residents of the                  
 military and how many are married to college students.  MR. McGEE,            
 stated that breakdown is not available, however those two                     
 categories comprise approximately 12,000 applicants which amount to           
 over 50 percent of the out-of-state applicants.  He clarified there           
 will be no expense to the general fund from CSHB 4 (STA)am, the               
 administrative cost of $600 will come from permanent fund dividend            
 funds.                                                                        
                                                                               
 SENATOR GREEN moved CSHB 4 (STA)am out of committee with individual           
 recommendations.  There being no objection, the motion carried.               

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