Legislature(2011 - 2012)SENATE FINANCE 532
02/09/2012 09:00 AM Senate FINANCE
| Audio | Topic |
|---|---|
| Start | |
| SB158 | |
| SB171 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| + | TELECONFERENCED | ||
| += | SB 158 | TELECONFERENCED | |
| += | SB 171 | TELECONFERENCED | |
SENATE FINANCE COMMITTEE
February 9, 2012
9:00 a.m.
9:00:49 AM
CALL TO ORDER
Co-Chair Stedman called the Senate Finance Committee
meeting to order at 9:00 a.m.
MEMBERS PRESENT
Senator Lyman Hoffman, Co-Chair
Senator Bert Stedman, Co-Chair
Senator Lesil McGuire, Vice-Chair
Senator Johnny Ellis
Senator Dennis Egan
Senator Donny Olson
Senator Joe Thomas
MEMBERS ABSENT
None
SUMMARY
SB 158 REAL ESTATE SALES LICENSEES
CSSB 158(L&C) was REPORTED out of committee with
a "do pass" recommendation and with a previously
published zero fiscal note: FN1 (CED).
SB 171 INCREASE BASE STUDENT ALLOCATION
SB 171 was REPORTED out of committee with a "do
pass" recommendation and with two new fiscal
impact notes from the Department of Education and
Early Development.
Co-Chair Stedman discussed housekeeping.
SENATE BILL NO. 158
"An Act relating to the Real Estate Commission; and
providing for an effective date."
9:02:14 AM
Senator Egan explained that SB 158 aimed to address several
weaknesses in the current real estate law pertaining to
real estate brokers. He remarked that the bill would allow
the Real Estate Commission to appoint an overseer to
temporarily manage a brokerage in the event that a broker
is unavailable. He stated that the overseer would be
appointed in cases of a traumatic or medical event; having
a license suspended; or on an investigative finding that
shows substantial evidence pointing to misappropriation of
funds. He stated that the bill would assure that trust
accounts and other sensitive business affairs were handled
responsibly. He stressed that the bill would allow a
licensee to donate a portion of a commission to charity and
allow the licensee to advertise the donation. He urged the
support of SB 158.
Senator Olson wondered if anyone opposed the legislation.
Senator Egan replied that there was no opposition.
Senator Olson asked why the legislation was not addressed
in the past. Co-Chair Stedman stated that there was a
recent issue that was the catalyst for the writing of the
bill.
Co-Chair Stedman addressed the one zero fiscal note from
Department of Commerce, Community and Economic Development.
Co-Chair Hoffman MOVED to report CSSB 158(L&C) out of
committee with individual recommendations and the
accompanying fiscal note. There being NO OBJECTION it was
so ordered.
CSSB 158(L&C) was REPORTED out of committee with a "do
pass" recommendation and with a previously published zero
fiscal note: FN1 (CED).
SENATE BILL NO. 171
"An Act increasing the base student allocation used
for public school funding; and providing for an
effective date."
9:04:33 AM
Co-Chair Stedman looked at the two new fiscal notes from
the Department of Education and Early Development.
Senator Thomas stated that SB 171 would raise the base
student allocation to $125, $130, and $135 over the
following three fiscal years. He stressed that the bill
would give school districts financial planning flexibility.
He stressed that the Alaska Senate had implemented forward
funding of education. He thanked the committee for
addressing the issue.
Senator Olson queried the administration's position on SB
171. Senator Thomas replied that the governor did not
support SB 171.
Senator McGuire supported SB 171, and commented that she
had spoken to the Harbor View Middle School principal, an
explained that the work of the Senate had made a difference
in faculty retention. She reiterated that the Senate's work
over the past few years was very positive in the school
districts.
Co-Chair Hoffman MOVED to report SB 171 out of committee
with individual recommendations and the accompanying fiscal
notes. There being NO OBJECTION it was so ordered.
SB 171 was REPORTED out of committee with a "do pass"
recommendation and with two new fiscal impact notes from
the Department of Education and Early Development.
Co-Chair Stedman discussed the following day's agenda.
ADJOURNMENT
9:09:22 AM
The meeting was adjourned at 9:09 AM.
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