Legislature(2011 - 2012)SENATE FINANCE 532
04/11/2011 09:00 AM Senate FINANCE
| Audio | Topic |
|---|---|
| Start | |
| SB5 | |
| SB101 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| += | SB 5 | TELECONFERENCED | |
| += | SB 101 | TELECONFERENCED | |
| + | TELECONFERENCED |
SENATE FINANCE COMMITTEE
April 11, 2011
9:04 a.m.
9:04:40 AM
CALL TO ORDER
Co-Chair Stedman called the Senate Finance Committee
meeting to order at 9:04 a.m.
MEMBERS PRESENT
Senator Lyman Hoffman, Co-Chair
Senator Bert Stedman, Co-Chair
Senator Johnny Ellis
Senator Dennis Egan
Senator Donny Olson
Senator Joe Thomas
MEMBERS ABSENT
Senator Lesil McGuire, Vice-Chair
ALSO PRESENT
Senator Bettye Davis; Senator Joe Paskvan
PRESENT VIA TELECONFERENCE
None
SUMMARY
SB 5 MEDICAL ASSISTANCE ELIGIBILITY
SB 101 ENTITY TRANSACTIONS ACT
SENATE BILL NO. 5
"An Act relating to eligibility requirements for
medical assistance for certain children and pregnant
women; and providing for an effective date."
9:06:10 AM
SENATOR BETTYE DAVIS explained the bill. She stated that
the bill would reinstate Denali Kid Care.
Co-Chair Stedman discussed the fiscal notes.
Co-Chair Hoffman MOVED to report SB 5 out of committee with
individual recommendations and the three accompanying fiscal
impact note(s). Seeing NO OBJECTION it was so ordered.
SB 5 was REPORTED out of committee with a "do pass"
recommendation and with three previously published fiscal
impact notes from the Department of Health and Social
Services.
SENATE BILL NO. 101
"An Act adopting the Alaska Entity Transactions Act;
relating to changing the form of entities, including
corporations, partnerships, limited liability
companies, business trusts, and other organizations;
amending Rule 79, Alaska Rules of Civil Procedure, and
Rules 602(b)(2), 602(c), and 605.5, Alaska Rules of
Appellate Procedure; and providing for an effective
date."
9:08:12 AM
SENATOR JOE PASKVAN stated that SB 101 would update
Alaska's corporate structure. He remarked that there had
been different types of legal entities that had been formed
in Alaska, like limited liability corporations or limited
liability partnerships. He stated that SB 101 would allow
for mergers, conversions, interest exchanges, and other
types of entity transactions to be easier to obtain in the
state of Alaska.
Co-Chair Stedman discussed the one zero fiscal note.
Co-Chair Hoffman MOVED to report SB 101 out of committee
with individual recommendations and the accompanying zero
fiscal note. Seeing NO OBJECTION it was so ordered.
SB 101 was REPORTED out of committee with a "do pass"
recommendation and with accompanying a previously published
zero fiscal note from the Department of Commerce, Community,
and Economic Development.
9:09:54 AM
AT EASE
9:10:01 AM
RECONVENED
ADJOURNMENT
9:10:31 AM
The meeting was adjourned at 9:10 AM.