Legislature(2015 - 2016)SENATE FINANCE 532
04/06/2016 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 | |
| SB126 | |
| SB154 | |
| SB208 | |
| SB210 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| + | TELECONFERENCED | ||
| += | SB 126 | TELECONFERENCED | |
| += | SB 154 | TELECONFERENCED | |
| += | SB 208 | TELECONFERENCED | |
| += | SB 210 | TELECONFERENCED | |
| += | SB 91 | TELECONFERENCED | |
SENATE FINANCE COMMITTEE
April 6, 2016
9:06 a.m.
9:06:05 AM
CALL TO ORDER
Co-Chair MacKinnon called the Senate Finance Committee
meeting to order at 9:06 a.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
ALSO PRESENT
Senator Mia Costello, Sponsor; Brandon Brefczynski, Staff,
Representative Bill Stolze; Brett Huber, Staff, Senator
Pete Kelly; Laura Cramer, Staff, Senator Anna MacKinnon.
PRESENT VIA TELECONFERENCE
Amy Erickson, Director, Division of Motor Vehicles,
Department of Administration.
SUMMARY
SB 91 OMNIBUS CRIM LAW & PROCEDURE; CORRECTIONS
SB 91 was SCHEDULED but not HEARD.
SB 126 SMALL SECURITY OFFERINGS
SB 126 was REPORTED out of committee with a "do
pass" recommendation and with one previously
published zero fiscal note: FN 1(CED).
SB 154 BLOOD BANK OF ALASKA LICENSE PLATES
SB 154 was REPORTED out of committee with a "do
pass" recommendation and with one new zero fiscal
note by the Senate Finance Committee for the
Department of Administration.
SB 208 ELIMINATE AK PERFORMANCE SCHOLARSHIP
SB 208 was HEARD and HELD in committee for
further consideration.
SB 210 COMM. REV. SHARING;PROP. TAX EXEMPTIONS
SB 210 was HEARD and HELD in committee for
further consideration.
Co-Chair MacKinnon discussed the agenda for the day. She
relayed that SB 91 would not come before the committee
during the meeting. She furthered that she was working on
an amendment to the bill, based on the fiscal notes she had
received the previous day. She would be advancing a new
proposed fiscal note and a spreadsheet after working with
all the departments.
SENATE BILL NO. 126
"An Act establishing an exemption for the offering and
sale of certain securities."
9:07:34 AM
SENATOR MIA COSTELLO, SPONSOR, mentioned that there were
people available for testimony in the case that there was
questions from the committee members.
Co-Chair MacKinnon discussed FN 1 (OMB component 2808),
which showed zero fiscal impact for FY 17 through FY 22.
There was no capital appropriation indicated; but the bill
would require a regulation change, which would be drafted
by December 1, 2016.
Vice-Chair Micciche MOVED to report CSSB 126 (L&C) out of
Committee with individual recommendations and the
accompanying fiscal note. There being NO OBJECTION, it was
so ordered.
SB 126 was REPORTED out of committee with a "do pass"
recommendation and with one previously published zero
fiscal note: FN 1(CED).
9:09:54 AM
AT EASE
9:13:26 AM
RECONVENED
SENATE BILL NO. 154
"An Act relating to special registration plates
commemorating the Blood Bank of Alaska."
9:13:30 AM
Vice-Chair Micciche discussed the fiscal note (OMB
component 2348), from the Department of Administration. He
conveyed that it was essentially a zero fiscal note, but
reflected the revenue (exceeding plate issuance costs)
"that may be appropriated by the legislator" to the Blood
Bank of Alaska. He acknowledged that Co-Chair MacKinnon
intended to zero out the fiscal note.
Co-Chair MacKinnon clarified that the $3,000 in operating
expense listed on the note would go to zero. [She
incorrectly read $300 to be $3,000.]
BRANDON BREFCZYNSKI, STAFF, REPRESENTATIVE BILL STOLZE,
clarified that the actual amount was $250, and the fiscal
note analysis was written as $300.
Co-Chair MacKinnon suggested amending the fiscal note from
$300 to $0 for total operating expenditures in FY 17.
AMY ERICKSON, DIRECTOR, DIVISION OF MOTOR VEHICLES,
DEPARTMENT OF ADMINISTRATION, (via teleconference),
explained that the Division of Motor Vehicles had no
opposition to the proposed zero fiscal note.
Vice-Chair Micciche asked for an explanation regarding the
text on the draft fiscal note which read, "Fiscal note
updated to reflect that revenue exceeding plate issuance
cost may be appropriated by the legislator to the blood
bank of Alaska."
Ms. Erickson thought the text was due to the fact that the
prior version of the bill did not allow for the legislature
to appropriate the funds to the blood bank.
Vice-Chair Micciche pondered the zero fiscal note, and was
not certain of the reason for the text.
9:17:21 AM
AT EASE
9:18:42 AM
RECONVENED
Co-Chair MacKinnon clarified that the committee had a
discussion regarding the language in the fiscal note and
the financial impact of the bill.
Vice-Chair Micciche clarified that there was a zero fiscal
note; and some of the proceeds of the license plate may be
appropriated to the blood bank, over and above any cost to
the state. He specified that the box at the bottom of the
fiscal note should be edited to state, "Fiscal note updated
to reflect that revenue exceeding plate issuance costs may
be appropriated by the legislature to the blood bank of
Alaska."
Vice-Chair Micciche MOVED to report CSSB 154(STA) out of
Committee with individual recommendations and the
accompanying fiscal note.
SB 154 was REPORTED out of committee with a "do pass"
recommendation and with one new zero fiscal note by the
Senate Finance Committee for the Department of
Administration.
9:20:14 AM
AT EASE
9:24:20 AM
RECONVENED
SENATE BILL NO. 208
"An Act eliminating the Alaska education grant program
and the Alaska performance scholarship program; and
providing for an effective date."
9:24:25 AM
Vice-Chair Micciche MOVED to ADOPT proposed committee
substitute for CSSB 208(FIN), Work Draft 29-LS1581\E
(Glover, 4/4/16).
Co-Chair MacKinnon OBJECTED for discussion.
BRETT HUBER, STAFF, SENATOR PETE KELLY, discussed the
committee substitute (CS), which contained technical
changes from the original bill. He specified that in
conversations with the Department of Education and Early
Development, as well as the Alaska Commission on
Postsecondary Education; the sponsor had learned that the
practical application of the program did not function with
the deadline dates that had been selected. He pointed out
that the sponsor had moved the deadline dates to October
31, 2016; and the academic year-end of 2021 and 2022. The
CS maintained the intent of the original bill, in that both
the Alaska Performance Scholarship and the Alaska
Educational Grant Program would be open through the current
graduating high school class, and then would be repealed
following the 2021/2022 academic year.
Mr. Huber discussed the changes to the bill. He highlighted
the following sections: Section 2, page 3, line 4; Section
3, page 4, lines 1 through 3; and Section 4, page 4, lines
7 through 8. He stated that there was a new sectional
analysis for the committee's review.
Co-Chair MacKinnon REMOVED her objection. There being NO
further OBJECTION, it was so ordered.
SB 208 was HEARD and HELD in committee for further
consideration.
SENATE BILL NO. 210
"An Act relating to the community revenue sharing
program; changing the name of the community revenue
sharing program to the community assistance program;
and relating to the municipal property tax exemption
on the residence of a senior, a disabled veteran, and
a widow or widower of a senior or disabled veteran."
9:27:15 AM
9:27:27 AM
AT EASE
9:27:38 AM
REVONVENED
Vice-Chair Micciche MOVED to ADOPT proposed committee
substitute for CSSB 210(FIN), Work Draft 29-LS1593/H
(Shutts, 4/4/16).
Co-Chair MacKinnon OBJECTED for discussion.
LAURA CRAMER, STAFF, SENATOR ANNA MACKINNON, explained that
the CS had removed the language relating to the property
tax exemption for seniors and disabled veterans. As a
result, the bill was much smaller. There had been a couple
of small changes to the Community Revenue Sharing program,
which under the bill would become the Community Assistance
Program. She directed attention to page 4 of the bill, and
noted the first changes started on line 14. The CS would
change the amount that was deposited into the fund; to the
greater of $30 million or the amount, when added to the
fund balance on June 30 of the previous fiscal year,
equaled $90 million.
Ms. Cramer continued discussing the CS, noting that the
second change was on page 5, subsection b, starting on line
7. She explained that after consulting with the Division of
Legislative Finance, it was realized that there could be a
negative balance in the fund if the revenue sharing payment
was not rounded to the nearest dollar.
Senator Hoffman asked if the program was in continuance or
still had an expiration date.
Ms. Cramer relayed that the program would continue as long
as the legislature continued to appropriate funds into the
fund.
Senator Olson asked if the funding numbers had changed for
communities.
Ms. Cramer stated that because the balance in the fund was
less than what the legislature had previously appropriated,
the amounts to communities would be reduced. She noted that
the specific monetary amounts had been distributed to
committee members.
Senator Olson clarified that his question pertained to
whether the amounts for communities had changed between the
two previous versions of the bill.
Ms. Cramer answered in the negative.
Co-Chair MacKinnon WITHDREW her OJBECTION. There being NO
OBJECTION, it was so ordered.
SB 210 was HEARD and HELD in committee for further
consideration.
Co-Chair MacKinnon reiterated that the committee was
working on the fiscal notes and materials for SB 91, and
would bring the bill back before the committee at a later
time so the public would have the opportunity to review the
changes.
Co-Chair MacKinnon discussed the afternoon schedule, which
would include public testimony for the capital budget.
ADJOURNMENT
9:32:08 AM
The meeting was adjourned at 9:32 a.m.
| Document Name | Date/Time | Subjects |
|---|---|---|
| SB 208 CSSB 208 work draft version E.pdf |
SFIN 4/6/2016 9:00:00 AM |
SB 208 |
| SB 208 Sectional Analysis Version E.pdf |
SFIN 4/6/2016 9:00:00 AM |
SB 208 |
| SB 210 CSSB 210(FIN) - Sectional Analysis.pdf |
SFIN 4/6/2016 9:00:00 AM |
SB 210 |
| SB 210 CSSB 210(FIN) Sponsor Statement.pdf |
SFIN 4/6/2016 9:00:00 AM |
SB 210 |
| SB 210 CSSB 210 work draft version H.pdf |
SFIN 4/6/2016 9:00:00 AM |
SB 210 |