03/26/2001 03:29 PM Senate JUD

                     ALASKA STATE LEGISLATURE                                                                                   
                    SENATE JUDICIARY COMMITTEE                                                                                
                          March 26, 2001                                                                                        
                             3:29 p.m.                                                                                          
                                                                                                                                
                                                                                                                                
MEMBERS PRESENT                                                                                                               
                                                                                                                                
Senator Robin Taylor, Chair                                                                                                     
Senator John Cowdery                                                                                                            
Senator Gene Therriault                                                                                                         
                                                                                                                                
MEMBERS ABSENT                                                                                                                
                                                                                                                                
Senator Dave Donley, Vice Chair                                                                                                 
Senator Johnny Ellis                                                                                                            
                                                                                                                                
COMMITTEE CALENDAR                                                                                                            
                                                                                                                                
HOUSE BILL NO. 34                                                                                                               
"An Act  relating  to the statutory  rule against  perpetuities,  to                                                            
nonvested property  interests and  trusts, and to the suspension  of                                                            
the power of alienation  of property; and providing for an effective                                                            
date."                                                                                                                          
     MOVED SSHB 34 OUT OF COMMITTEE                                                                                             
                                                                                                                                
                                                                                                                                
SENATE BILL NO. 145                                                                                                             
"An Act  relating  to the  expansion of  the village  public  safety                                                            
officer program  to include  the provision  of probation and  parole                                                            
supervision services, and  to retirement benefits for village public                                                            
safety officers."                                                                                                               
     SCHEDULED BUT NOT HEARD                                                                                                    
                                                                                                                                
PREVIOUS COMMITTEE ACTION                                                                                                     
                                                                                                                                
HB 34 - See Judiciary minutes 3/19/01.                                                                                          
                                                                                                                                
WITNESS REGISTER                                                                                                              
                                                                                                                                
Ms. Sue Stancliff                                                                                                               
Staff to Representative McGuire                                                                                                 
Alaska State Capitol                                                                                                            
Juneau, AK  99801-1182                                                                                                          
POSITION STATEMENT:  Testified on HB 34                                                                                       
                                                                                                                                
ACTION NARRATIVE                                                                                                              
                                                                                                                                
TAPE 01-11, SIDE A                                                                                                            
Number 001                                                                                                                      
                                                                                                                                
                                                                                                                                
CHAIRMAN ROBIN TAYLOR called  the Senate Judiciary Committee meeting                                                          
to order  at 3:29 p.m.   He announced  the first  order of  business                                                            
would be the continuation of HB 34.                                                                                             
                                                                                                                                
                                                                                                                                
                  HB 34-RULE AGAINST PERPETUITIES                                                                           
                                                                                                                                
MS. SUE STANCLIFF,  staff to Representative McGuire,  said Mr. Steve                                                            
Greer in  Anchorage was  on teleconference  to answer any  questions                                                            
the committee might have.                                                                                                       
                                                                                                                                
SENATOR  COWDERY said a  memo from Representative  McGuire  answered                                                            
any questions he previously had.                                                                                                
                                                                                                                                
CHAIRMAN  TAYLOR made  the following  comments about  a question  he                                                            
asked during the March 19, 2001 Judiciary meeting:                                                                              
                                                                                                                                
     The question I was asking  was whether or not the attorney                                                                 
     general's  (AG) office or any  other branch of government                                                                  
     was  enforcing the  previous  laws that  we'd passed  that                                                                 
     said  that if you  were going  to go into  this business,                                                                  
     your primary office had  to be within the state of Alaska.                                                                 
      It  was my understanding  that  Key Bank  and others  had                                                                 
     shipped  a significant  amount  of business  out of  state                                                                 
     that  was all being  done through Omaha  and other places                                                                  
     and  that we were not  receiving the  benefit of that.   I                                                                 
     have  talked to  Key Bank  personnel about  that and  they                                                                 
     indicated that they actually  did set up an office in this                                                                 
     state  and I think I may have  been misinformed as to  the                                                                 
     total  amount of business  being done.   I just wanted  to                                                                 
     see if somebody was checking  on it, Lesil [Representative                                                                 
     McGuire]  has  now  checked   on that  with  Banking   and                                                                 
     Securities, unfortunately they don't do that.                                                                              
                                                                                                                                
MS. STANCLIFF  said she had  inquired with  the AG's office  and had                                                            
not received  a response yet.   The response  was expected in  a few                                                            
days and she would forward it on to the committee.                                                                              
                                                                                                                                
SENATOR  COWDERY   moved  HB  34  from  committee  with   individual                                                            
recommendations.  There being no objection, the motion carried.                                                                 
                                                                                                                                
There being no further business to come before the committee,                                                                   
CHAIRMAN TAYLOR adjourned the meeting at 3:31 p.m.