Legislature(2015 - 2016)SENATE FINANCE 532
03/26/2015 01:30 PM Senate FINANCE
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| Audio | Topic |
|---|---|
| Start | |
| SB32 | |
| SB33 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| = | SB 32 | ||
| = | SB 33 | ||
SENATE FINANCE COMMITTEE
March 26, 2015
1:36 p.m.
1:36:13 PM
CALL TO ORDER
Co-Chair MacKinnon called the Senate Finance Committee
meeting to order at 1:36 p.m.
MEMBERS PRESENT
Senator Anna MacKinnon, Co-Chair
Senator Pete Kelly, Co-Chair
Senator Peter Micciche, Vice-Chair
Senator Click Bishop
Senator Mike Dunleavy
Senator Lyman Hoffman
Senator Donny Olson
MEMBERS ABSENT
None
SUMMARY
SB 32 TIMBER SALES
CSSB 32(RES) was REPORTED out of committee with a
"do pass" recommendation and with previously
published zero fiscal note: FN1 (DNR).
SB 33 FEES FOR TIRES
SB 33 was REPORTED out of committee with a "do
pass" recommendation and with a new fiscal impact
note from the Department of Revenue.
SENATE BILL NO. 32
"An Act relating to the sale of timber on state land;
and providing for an effective date."
1:36:59 PM
Vice-Chair Micciche discussed the attached fiscal note. He
stated that the fiscal note was from Department of Natural
Resources, appropriated for Land and Water Resources. The
allocation was for Forest Management and Development, and
the Office of Management and Budget (OMB) component number
was 435. The note reflected zero fiscal impact for FY 16
through FY 21. The estimated supplemental for 2015 was
zero, and the estimated capital FY 16 cost was zero.
Co-Chair MacKinnon asked that the last paragraph of page 2
of the note be read into the record.
Vice-Chair Micciche read the last paragraph of the
analysis:
There are no short-term impacts on revenue, but over
time, revenue should increase as the industry
diversifies to address energy needs and demand for
locally sourced wood products for communities. This
legislation will not place any additional demands on
the current operating budget, unless the zero fiscal
note.
Vice-Chair Micciche MOVED to REPORT SB 32 out of committee
with individual recommendations and the accompanying fiscal
note. There being NO OBJECTION, it was so ordered.
CSSB 32(RES) was REPORTED out of committee with a "do pass"
recommendation and with previously published zero fiscal
note: FN1 (DNR).
1:38:23 PM
AT EASE
1:41:24 PM
RECONVENED
SENATE BILL NO. 33
"An Act relating to remittance of tire fees; and
providing for an effective date."
1:41:43 PM
Co-Chair MacKinnon noted a spreadsheet attached to the bill
outlining a comparison of tire fees for each state (copy on
file).
1:41:52 PM
AT EASE
1:42:45 PM
RECONVENED
1:42:51 PM
Co-Chair MacKinnon addressed the spreadsheet, and wondered
if there were any questions from committee members.
Vice-Chair Micciche discussed the attached fiscal note. He
stated that the fiscal note was from the Department of
Revenue (DOR), Taxation and Treasury was the appropriation,
and the Tax Division was the allocation. The OMB component
number was 2476. He remarked that there was zero impact for
FY 16 through FY 21, but the FY 16 showed a change in
revenues of minus $5,000. The estimated supplemental FY 15
cost was zero, and the estimated capital for FY 16 was
zero. The fiscal impact was intended to not impact
taxpayers. The estimated loss of general fund revenue was
due to a decrease in tax penalty and interest as a result
of filing and on-time payments. The timely pay credit loss
was estimated at $2,500, and the estimated penalty loss was
estimated at $2,500, with interest less than $50.
Vice-Chair Micciche MOVED to REPORT SB 33 out of committee
with individual recommendations and the accompanying fiscal
note. There being NO OBJECTION, it was so ordered.
SB 33 was REPORTED out of committee with a "do pass"
recommendation and with a new fiscal impact note from the
Department of Revenue.
1:44:56 PM
AT EASE
1:46:56 PM
RECONVENED
Co-Chair MacKinnon discussed the following day's agenda.
Co-Chair Kelly queried the session's total fiscal impact.
Co-Chair MacKinnon responded that, until the passage of SB
33, there had been zero fiscal impact.
Vice-Chair Micciche felt that SB 33 should not be
considered of great fiscal impact, because it would
streamline payments.
ADJOURNMENT
1:49:10 PM
The meeting was adjourned at 1:49 p.m.
| Document Name | Date/Time | Subjects |
|---|---|---|
| SB32 Supporting Document - Letter of Support Alaska Board of Forestry.pdf |
SFIN 3/26/2015 1:30:00 PM |
SB 32 |