Legislature(2011 - 2012)SENATE FINANCE 532
04/07/2012 01:30 PM Senate FINANCE
| Audio | Topic |
|---|---|
| Start | |
| HB250 | |
| SB160 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| + | TELECONFERENCED | ||
| = | SB 160 | ||
| += | HB 250 | TELECONFERENCED | |
SENATE FINANCE COMMITTEE
April 7, 2012
2:35 p.m.
2:35:49 PM
CALL TO ORDER
Co-Chair Stedman called the Senate Finance Committee
meeting to order at 2:35 p.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
ALSO PRESENT
Kaci Schroeder-Hotch, Staff, Representative Bill Thomas;
Weston Eiler, Staff, Senator Bert Stedman.
SUMMARY
SB 160 BUDGET: CAPITAL
SB 160 was HEARD and HELD in committee for
further consideration.
CSHB 250(ENE) EXTEND RENEWABLE ENERGY GRANT FUND
SCS CSHB 250(FIN) was REPORTED out of
committee with a "do pass" recommendation
and with a previously published fiscal
impact note: FN2(DCCED).
CS FOR HOUSE BILL NO. 250(ENE)
"An Act relating to the renewable energy grant fund
and recommendation program; and providing for an
effective date."
2:36:59 PM
Co-Chair Hoffman MOVED to ADOPT the proposed committee
substitute for HB 250, Work Draft 27-LS1060\X (Nauman,
3/29/12) as a working document.
2:37:10 PM
Co-Chair Stedman OBJECTED for the purpose of discussion. He
explained that the new committee substitute extended the
sunset date to 2023 instead of 2018 and that it added two
more seats on the advisory committee. One of the additional
members would be from the Senate, while another would be
from the House.
2:37:26 PM
Co-Chair Stedman REMOVED his OBJECTION. There being NO
FURTHER OBJECTION, Work Draft 27-LS1060\X was ADOPTED.
2:37:34 PM
KASEY SCHROEDER-HOTCH, STAFF, REPRESENTATIVE BILL THOMAS,
explained that the legislation extended the Renewable Energy
Grant Fund for another 10 years and added two seats on the
Renewable Energy Advisory Committee. She furthered that the
advisory committee worked with the Alaska Energy Authority
to evaluate grant programs for the fund.
2:38:23 PM
Co-Chair Stedman discussed the fiscal note in the packet
from the Department of Commerce, Community and Economic
Development in the amount of $2.155 million and pointed out
that funding for the note was already included in the
governor's FY 13 operating budget.
2:38:44 PM
Co-Chair Hoffman MOVED to report SCS CSHB 250(FIN) out of
committee with individual recommendations and the
accompanying fiscal note. There being NO OBJECTION, it was
so ordered.
SCS CSHB 250(FIN) was REPORTED out of committee with a "do
pass" recommendation and with a previously published fiscal
impact note: FN2(DCCED).
2:39:20 PM
RECESSED
8:58:53 PM
RECONVENED
SENATE BILL NO. 160
"An Act making and amending appropriations, including
capital appropriations and other appropriations; making
appropriations to capitalize funds; and providing for
an effective date."
8:59:16 PM
Co-Chair Stedman indicated that this was the sixteenth
meeting on the capital budget. He furthered that the Senate
Finance Committee had conducted a thorough public review of
the governor's proposed budget and that upwards of 180
Alaskan's had called in to testify on the budget.
8:59:49 PM
Senator Ellis MOVED to ADOPT the proposed committee
substitute for SB 160, Work Draft 27-GS2600\D (Martin,
4/7/12) as a working document.
8:59:58 PM
Co-Chair Stedman OBJECTED for the purpose of discussion.
9:00:22 PM
AT EASE
9:01:21 PM
RECONVENED
9:01:28 PM
Co-Chair Stedman stated that the Senate had worked with the
House and the governor on the capital budget and that the
Senate had placed over $3 billion into savings in the
operating budget before it had finalized the capital budget.
He explained that the ratio of the Senate's savings to
capital spending was $3.1 billion to $720 million and was
roughly 4 to 1. He mentioned a transportation bond package
was also being worked on and would be available for
discussion in several days.
9:01:55 PM
WESTON EILER, STAFF, SENATOR BERT STEDMAN, presented a
walkthrough of the bill and referenced two reports in the
members' packets that summarized the budget by House
district and agency. He stated that Section 1, which was the
FY 13 capital budget, totaled $2.57 billion; the section
included legislative additions, as well as the governor's
projects. Section 7 on page 117, which totaled $56.1
million, reflected the governor's remaining FY 13
supplemental capital projects. Section 10 on page 122, which
totaled $43.5 million, represented the governor's remaining
FY 12 supplemental operating items. He explained that
Section 13 was the conglomerated language section and that
it included fund transfers, capitalizations, legislative
reappropriations, as well as supplemental and other language
items. He noted that under the new committee substitute,
$720 million in capital projects would be added for a total
of $2.63 billion in capital spending. He pointed out that in
Section 1 the Senate had added 50 percent funding for the
Undergraduate Engineering Expansion Initiative for new
facilities at the University of Alaska's Anchorage and
Fairbanks campuses, $29 million in funding for the State
Library Archives Museum (SLAM) building in Juneau, as well
as several other transportation and infrastructure projects.
9:04:40 PM
Co-Chair Stedman REMOVED his OBJECTION. There being NO
FURTHER OBJECTION, Work Draft 27-GS2600\D was ADOPTED.
Co-Chair Stedman directed members to look over the new
committee substitute and bring any concerns to his
attention.
ADJOURNMENT
9:05:45 PM
The meeting was adjourned at 9:05 PM.
| Document Name | Date/Time | Subjects |
|---|---|---|
| SB 160 CSSB Version D.pdf |
SFIN 4/7/2012 1:30:00 PM |
SB 160 |
| SB 160 Spreadsheets 040712.pdf |
SFIN 4/7/2012 1:30:00 PM |
SB 160 |