03/16/2012 03:30 PM Senate RESOURCES

        SB 205-CHINOOK RESEARCH & RESTORATION ENDOWMENT                                                                     
                                                                                                                                
3:33:34 PM                                                                                                                    
CO-CHAIR WAGONER announced that SB 205 was before the committee.                                                                
                                                                                                                                
SENATOR FRENCH  asked which  version of the  bill was  before the                                                               
committee.                                                                                                                      
                                                                                                                                
3:34:04 PM                                                                                                                    
DAVID SCOTT, staff, Senator Donny  Olson, said that version D was                                                               
the working draft before the committee.                                                                                         
                                                                                                                                
CO-CHAIR WAGONER requested a review  of version D and stated that                                                               
he would be offering an amendment to the bill.                                                                                  
                                                                                                                                
MR. SCOTT  explained that  the bill sets  up the  [Alaska Chinook                                                               
salmon  research and  restoration] endowment  fund and  creates a                                                               
board to  administer the earnings from  the fund in the  hopes of                                                               
creating a  stable revenue stream for  interdisciplinary research                                                               
for King  Salmon. He said the  last true runs of  King Salmon are                                                               
in Alaska.                                                                                                                      
                                                                                                                                
CO-CHAIR WAGONER moved to adopt Amendment 1.                                                                                    
                                                                                                                                
                          AMENDMENT 1                                                                                         
                                                                                                                                
          Page 4, line 2:                                                                                                       
               Delete "Palm Point near Katalla"                                                                                 
               Insert "Cape Suckling"                                                                                           
                                                                                                                                
          Page 4, lines 7-8:                                                                                                    
           Delete ",Kanak Island, Wingham Island, and                                                                           
     Kayak                    Island"                                                                                           
                                                                                                                                
          Page 4, lines 12-13:                                                                                                  
               Delete "Palm Point near Katalla"                                                                                 
               Insert "Cape Suckling"                                                                                           
                                                                                                                                
          Page 6, lines 12-13:                                                                                                  
           Delete "based on the dependence of Alaska                                                                            
     residents on        the stocks"                                                                                            
          Insert "taking into consideration the use of                                                                          
     the                 stocks by Alaska residents"                                                                            
                                                                                                                                
SENATOR PASKVAN objected for discussion purposes.                                                                               
                                                                                                                                
MARY  JACKSON,   staff,  Senator  Tom  Wagoner,   explained  that                                                               
Amendment 1  accomplishes two things.  It revises the  areas that                                                               
are  defined in  the  bill and  makes a  slight  revision of  the                                                               
language.  She referred  to a  map  that shows  that the  fishing                                                               
region in  the central part goes  from Cape Suckling to  the Cook                                                               
Inlet.  She  said the  amendment  is  at  the request  of  United                                                               
Fishermen of Alaska and the sponsor is in agreement.                                                                            
                                                                                                                                
MS. JACKSON referred  to page 6, lines 12 and  13, where language                                                               
was changed from "based on  the dependence of Alaska residents on                                                               
the stocks" to  "taking into consideration the use  of the stocks                                                               
by Alaska residents."  She noted that the  sponsor concurred with                                                               
the change.                                                                                                                     
                                                                                                                                
She referred  to a previous discussion  of the word "or"  on page                                                               
6, line  25. She  reported that Legislative  Legal said  the word                                                               
"or" is not necessary except at the end of line 25.                                                                             
                                                                                                                                
SENATOR STEVENS  asked about line  18 on  page 6, the  words "the                                                               
board shall  give priority to grant  applications." He questioned                                                               
if any one of the options would be enough.                                                                                      
                                                                                                                                
MS. JACKSON answered that any one option would be enough.                                                                       
                                                                                                                                
SENATOR  STEVENS  concluded  that if  (4)"declined  significantly                                                               
from historic yield levels" was  true, that statement alone would                                                               
suffice.                                                                                                                        
                                                                                                                                
MS. JACKSON agreed.                                                                                                             
                                                                                                                                
SENATOR  PASKVAN   withdrew  his  objection.  [Amendment   1  was                                                               
adopted.]                                                                                                                       
                                                                                                                                
SENATOR PASKVAN moved to report the  CS for SB 205, version D, as                                                               
amended   by  Amendment   1,  from   committee  with   individual                                                               
recommendations and  the accompanying  fiscal notes.  There being                                                               
no  objection,  CSSB  205(RES)   was  reported  from  the  Senate                                                               
Resources Standing Committee.