Legislature(2017 - 2018)SENATE FINANCE 532
03/09/2017 09:00 AM Senate FINANCE
Note: the audio ![]()
and video ![]()
recordings are distinct records and are obtained from different sources. As such there may be key differences between the two. The audio recordings are captured by our records offices as the official record of the meeting and will have more accurate timestamps. Use the icons to switch between them.
| Audio | Topic |
|---|---|
| Start | |
| SB22 | |
| SB24 | |
| SB26 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| += | SB 22 | TELECONFERENCED | |
| += | SB 24 | TELECONFERENCED | |
| += | SB 21 | TELECONFERENCED | |
| += | SB 26 | TELECONFERENCED | |
| += | SB 70 | TELECONFERENCED | |
| + | TELECONFERENCED |
SENATE FINANCE COMMITTEE
March 9, 2017
9:04 a.m.
9:04:40 AM
CALL TO ORDER
Co-Chair Hoffman called the Senate Finance Committee
meeting to order at 9:04 a.m.
MEMBERS PRESENT
Senator Lyman Hoffman, Co-Chair
Senator Anna MacKinnon, Co-Chair
Senator Click Bishop, Vice-Chair
Senator Mike Dunleavy
Senator Peter Micciche
Senator Natasha von Imhof
MEMBERS ABSENT
Senator Donny Olson
ALSO PRESENT
James Armstrong, Staff, Senator Lyman Hoffman; David Teal,
Director, Legislative Finance Division; Pat Pitney,
Director, Office of Management and Budget, Office of the
Governor; Laura Cramer, Staff, Senator Anna MacKinnon.
SUMMARY
SB 21 PERMANENT FUND: INCOME; POMV; DIVIDENDS
SB 21 was SCHEDULED but not HEARD.
SB 22 APPROP: OPERATING BUDGET/LOANS/FUNDS
SB 22 was HEARD and HELD in committee for further
consideration.
SB 24 APPROP: MENTAL HEALTH BUDGET
SB 24 was HEARD and HELD in committee for further
consideration.
SB 26 PERM. FUND:DEPOSITS;DIVIDEND;EARNINGS
SB 26 was HEARD and HELD in committee for further
consideration.
SB 70 APPROP. LIMIT/BUDGET PROCESS/PERM FUND
SB 70 was SCHEDULED but not HEARD.
SENATE BILL NO. 22
"An Act making appropriations for the operating and
loan program expenses of state government and for
certain programs; capitalizing funds; amending
appropriations; repealing appropriations; making
supplemental appropriations and reappropriations, and
making appropriations under art. IX, sec. 17(c),
Constitution of the State of Alaska, from the
constitutional budget reserve fund; and providing for
an effective date."
9:05:09 AM
Co-Chair Hoffman informed that the committee would take up
a committee substitute (CS) for SB 22, which would have
some technical changes.
Co-Chair MacKinnon MOVED to ADOPT proposed committee
substitute for SB 22, Work Draft 30-GS1855\D (Wallace,
3/2/17).
Co-Chair Hoffman OBJECTED for discussion.
Co-Chair Hoffman asked staff to explain the technical
changes in the bill. He remarked that the committee was
trying to get the operating budget completed as effectively
and efficiently as possible so as to devote more time to
the piece of legislation associated with restructuring the
Permanent Fund Dividend (PFD) program.
9:06:33 AM
JAMES ARMSTRONG, STAFF, SENATOR LYMAN HOFFMAN, explained
that the committee had not received the budget bill from
the other body, but would be working with the Legislative
Finance Division (LFD) and Legal Services to clean up the
bill. He stated that the committee would be using SB 22 and
SB 24 as the vehicles to develop the budget; and when the
bills from the other body came to the committee, it would
make the corresponding changes. He recalled that the
committee had done the same thing the previous session. He
asserted that the LFD Director and the Director of the
Office of Management and Budget (OMB) could speak to the
technical conforming changes that had been made and were
explicated in the document "Summary of Changes between
Governor's Operating Bill and CSSB22 (FIN)" (copy on file).
DAVID TEAL, DIRECTOR, LEGISLATIVE FINANCE DIVISION,
explained that the CS before the committee was for all
practical purposes the governor's bill, redrafted in Legal
Services Division language rather than language from the
Department of Law. He specified that the bill appropriated
the same amount of money for the same purposes, and from
the same fund sources. He thought it was easily discernable
that the changes to the bill were confined to date changes,
rearrangements, and small technical changes. He thought
that the changes would make the process easier for LFD and
Legal Services, as well as for the committee. When the
committee developed the next CS, it would be much easier to
discern any substantive changes from the rearrangements and
other technical adjustments.
9:08:58 AM
PAT PITNEY, DIRECTOR, OFFICE OF MANAGEMENT AND BUDGET,
OFFICE OF THE GOVERNOR, stated that the administration
concurred with the changes. She stated that the CS before
the committee did exactly what had been proposed in the
governor's budget.
Co-Chair Hoffman WITHDREW his objection. A roll call vote
was taken on the motion.
IN FAVOR: Bishop, Dunleavy, Micciche, von Imhof, Hoffman,
MacKinnon
OPPOSED:
Senator Olson was absent from the vote.
The MOTION PASSED (6/0).
There being NO further OBJECTION, Work Draft 30-GS1855\D
was ADOPTED.
SB 22 was HEARD and HELD in committee for further
consideration.
9:10:12 AM
AT EASE
9:11:16 AM
RECONVENED
Co-Chair Hoffman stated that there was a CS to consider for
SB 24.
SENATE BILL NO. 24
"An Act making appropriations for the operating and
capital expenses of the state's integrated
comprehensive mental health program; and providing for
an effective date."
9:11:16 AM
Co-Chair MacKinnon MOVED to ADOPT proposed committee
substitute for SB 24, Work Draft 30-GS1856\D (Wallace,
3/2/17).
Co-Chair Hoffman OJBECTED for discussion.
Mr. Teal explained that the CS was similar to that of CS SB
22, in that the CS was the same as the original bill but
for small technical changes.
Ms. Pitney concurred that the CS was the same as what the
administration had submitted but with technical
corrections.
Co-Chair Hoffman WITHDREW his OJBECTION. A roll call vote
was taken on the motion.
IN FAVOR: Dunleavy, Micciche, von Imhof, Bishop, MacKinnon,
Hoffman
OPPOSED:
Senator Olson was absent from the vote.
The MOTION PASSED (6/0).
There being NO further OBJECTION, the CS was ADOPTED.
SB 24 was HEARD and HELD in committee for further
consideration.
9:12:51 AM
AT EASE
9:14:17 AM
RECONVENED
Co-Chair Hoffman handed the gavel to Co-Chair MacKinnon.
SENATE BILL NO. 26
"An Act relating to the Alaska Permanent Fund
Corporation, the earnings of the Alaska permanent
fund, and the earnings reserve account; relating to
the mental health trust fund; relating to deposits
into the dividend fund; relating to the calculation of
permanent fund dividends; relating to unrestricted
state revenue available for appropriation; and
providing for an effective date."
9:14:17 AM
Co-Chair Hoffman MOVED to ADOPT proposed committee
substitute for SB 26, Work Draft 30-GS1690\D (Martin,
3/8/17).
Co-Chair MacKinnon OBJECTED for discussion.
LAURA CRAMER, STAFF, SENATOR ANNA MACKINNON, discussed the
CS, explaining that language from SB 70 had been inserted
in to SB 26. She noted that there had been one change, due
to an error in drafting found on page 8, Section 21. The
change was to an effective date, which had been changed to
July 1, 2020. She explained that the date signified the
change in the Percent of Market Value (POMV) from 5.25
percent to 5 percent, and would be effective in FY 21.
9:15:42 AM
Co-Chair MacKinnon WITHDREW her objection. There being NO
further OBJECTION, the CS was ADOPTED.
SB 26 was HEARD and HELD in committee for further
consideration.
Co-Chair MacKinnon informed that the committee would
discuss amendments to the bill the following day at 9:00
a.m.
ADJOURNMENT
9:16:25 AM
The meeting was adjourned at 9:16 a.m.
| Document Name | Date/Time | Subjects |
|---|---|---|
| SB 22 work draft version D.pdf |
SFIN 3/9/2017 9:00:00 AM |
SB 22 |
| SB 24 work draft version D.pdf |
SFIN 3/9/2017 9:00:00 AM |
SB 24 |
| SB 26 work draft version D.pdf |
SFIN 3/9/2017 9:00:00 AM |
SB 26 |