Legislature(2013 - 2014)BELTZ 105 (TSBldg)

02/06/2014 01:30 PM Senate LABOR & COMMERCE


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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+= SB 58 CANCEL INS. ON CERTAIN ABANDONED PROPERTY TELECONFERENCED
Moved SB 58 Out of Committee
+= SB 61 COMMERCIAL FISHING & AGRICULTURE BANK TELECONFERENCED
Moved SB 61 Out of Committee
+ Bills Previously Heard/Scheduled TELECONFERENCED
                    ALASKA STATE LEGISLATURE                                                                                  
          SENATE LABOR AND COMMERCE STANDING COMMITTEE                                                                        
                        February 6, 2014                                                                                        
                           1:29 p.m.                                                                                            
                                                                                                                                
MEMBERS PRESENT                                                                                                               
                                                                                                                                
Senator Mike Dunleavy, Chair                                                                                                    
Senator Peter Micciche, Vice Chair                                                                                              
Senator Donald Olson                                                                                                            
Senator Bert Stedman                                                                                                            
                                                                                                                                
MEMBERS ABSENT                                                                                                                
                                                                                                                                
Senator Johnny Ellis                                                                                                            
                                                                                                                              
COMMITTEE CALENDAR                                                                                                            
                                                                                                                                
SENATE BILL NO. 61                                                                                                              
"An Act relating to the board, loans, records, and lobbying                                                                     
contracts of the Alaska Commercial Fishing and Agriculture Bank;                                                                
and providing for an effective date."                                                                                           
                                                                                                                                
     MOVED SB 61 OUT OF COMMITTEE                                                                                               
                                                                                                                                
SENATE BILL NO. 58                                                                                                              
"An Act allowing an insurer to cancel an insurance policy if                                                                    
property becomes entirely abandoned and the abandonment                                                                         
increases the hazard insured against."                                                                                          
                                                                                                                                
     MOVED SB 58 OUT OF COMMITTEE                                                                                               
                                                                                                                                
PREVIOUS COMMITTEE ACTION                                                                                                     
                                                                                                                                
BILL: SB  61                                                                                                                  
SHORT TITLE: COMMERCIAL FISHING & AGRICULTURE BANK                                                                              
SPONSOR(s): SENATOR(s) COGHILL                                                                                                  
                                                                                                                                
02/20/13       (S)       READ THE FIRST TIME - REFERRALS                                                                        
02/20/13       (S)       L&C                                                                                                    
04/04/13       (S)       L&C AT 5:00 PM BELTZ 105 (TSBldg)                                                                      
04/04/13       (S)       <Bill Hearing Canceled>                                                                                
02/04/14       (S)       L&C AT 1:30 PM BELTZ 105 (TSBldg)                                                                      
02/04/14       (S)       Heard & Held                                                                                           
02/04/14       (S)       MINUTE(L&C)                                                                                            
02/06/14       (S)       L&C AT 1:30 PM BELTZ 105 (TSBldg)                                                                      
                                                                                                                                
BILL: SB  58                                                                                                                  
SHORT TITLE: CANCEL INS. ON CERTAIN ABANDONED PROPERTY                                                                          
SPONSOR(s): SENATOR(s) EGAN                                                                                                     
                                                                                                                                
02/15/13       (S)       READ THE FIRST TIME - REFERRALS                                                                        
02/15/13       (S)       L&C                                                                                                    
04/04/13       (S)       L&C AT 5:00 PM BELTZ 105 (TSBldg)                                                                      
04/04/13       (S)       Heard & Held                                                                                           
04/04/13       (S)       MINUTE(L&C)                                                                                            
02/04/14       (S)       L&C AT 1:30 PM BELTZ 105 (TSBldg)                                                                      
02/04/14       (S)       Heard & Held                                                                                           
02/04/14       (S)       MINUTE(L&C)                                                                                            
02/06/14       (S)       L&C AT 1:30 PM BELTZ 105 (TSBldg)                                                                      
                                                                                                                                
WITNESS REGISTER                                                                                                              
                                                                                                                                
JORDAN SHILLING, Staff                                                                                                          
Senator John Coghill                                                                                                            
Alaska State Legislature                                                                                                        
Juneau, Alaska                                                                                                                  
POSITION STATEMENT: Offered to answer questions about SB 61.                                                                  
                                                                                                                                
LEA KLINGER, President                                                                                                          
Alaska Commercial Fishing and Agriculture Bank (CFAB)                                                                           
Anchorage, Alaska                                                                                                               
POSITION STATEMENT: Offered to answer questions about SB 61.                                                                  
                                                                                                                                
ACTION NARRATIVE                                                                                                              
                                                                                                                                
1:29:52 PM                                                                                                                    
CHAIR  MIKE  DUNLEAVY  called  the   Senate  Labor  and  Commerce                                                             
Standing Committee meeting  to order at 1:29 p.m.  Present at the                                                               
call  to  order  were  Senators   Stedman,  Micciche,  and  Chair                                                               
Dunleavy. Senator Olson arrived soon thereafter.                                                                                
                                                                                                                                
          SB  61-COMMERCIAL FISHING & AGRICULTURE BANK                                                                      
                                                                                                                                
1:29:55 PM                                                                                                                    
CHAIR DUNLEAVY announced the consideration of SB 61. "An Act                                                                    
relating to the board, loans, records, and lobbying contracts of                                                                
the Alaska." He noted that this was the second hearing.                                                                         
                                                                                                                                
JORDAN SHILLING, Staff, Senator John Coghill, sponsor of SB 61,                                                                 
offered to answer questions.                                                                                                    
                                                                                                                                
LEA   KLINGER,   President,   Alaska   Commercial   Fishing   and                                                               
Agriculture Bank (CFAB), offered to answer questions.                                                                           
                                                                                                                                
1:30:32 PM                                                                                                                    
SENATOR OLSON joined the committee.                                                                                             
                                                                                                                                
CHAIR DUNLEAVY found no questions  or testimony and closed public                                                               
testimony.                                                                                                                      
                                                                                                                                
1:30:57 PM                                                                                                                    
SENATOR MICCICHE stated  that this was the second  hearing on the                                                               
bill. Many questions were asked  and answered during the previous                                                               
hearing, which explains the lack of questions today.                                                                            
                                                                                                                                
CHAIR  DUNLEAVY  solicited  a  motion   to  move  the  bill  from                                                               
committee.                                                                                                                      
                                                                                                                                
1:31:09 PM                                                                                                                    
SENATOR  MICCICHE  moved  to  report  SB  61,  28-LS0396\N,  from                                                               
committee  with individual  recommendations  and attached  fiscal                                                               
note(s).                                                                                                                        
                                                                                                                                
CHAIR  DUNLEAVY announced  that  without objection,  SB 61  moved                                                               
from the Senate Labor and Commerce Standing Committee.                                                                          
                                                                                                                                
1:31:30 PM                                                                                                                    
At ease                                                                                                                         
                                                                                                                                
        SB  58-CANCEL INS. ON CERTAIN ABANDONED PROPERTY                                                                    
                                                                                                                                
1:33:05 PM                                                                                                                    
CHAIR  DUNLEAVY  reconvened  the   meeting  and  recognized  that                                                               
Senators  Olson,  Micciche,  Steadman  and  Chair  Dunleavy  were                                                               
present.  He  announced  the  consideration of  SB  58.  "An  Act                                                               
allowing an  insurer to  cancel an  insurance policy  if property                                                               
becomes entirely." This was the second hearing.                                                                                 
                                                                                                                                
CHAIR DUNLEAVY found no public testimony and closed it.                                                                         
                                                                                                                                
1:33:44 PM                                                                                                                    
SENATOR  MICCICHE stated  that this  bill  was heard  previously.                                                               
Many questions  were asked  and the  committee is  satisfied that                                                               
abandoned property  truly would be abandoned  before an insurance                                                               
company would  cancel the  insurance. If  there are  no questions                                                               
today, it's because  they were answered in  the previous hearing,                                                               
he said.                                                                                                                        
                                                                                                                                
CHAIR  DUNLEAVY  solicited  a  motion   to  move  the  bill  from                                                               
committee.                                                                                                                      
                                                                                                                                
1:34:06 PM                                                                                                                    
SENATOR  MICCICHE  moved  to  report  SB  58,  28-LS0502\N,  from                                                               
committee  with individual  recommendations  and attached  fiscal                                                               
note(s).                                                                                                                        
                                                                                                                                
CHAIR  DUNLEAVY announced  that  without objection,  SB 58  moved                                                               
from the Senate Labor & Commerce Standing Committee.                                                                            
                                                                                                                                
1:34:30 PM                                                                                                                    
There being  no further  business to  come before  the committee,                                                               
Chair  Dunleavy adjourned  the Senate  Labor &  Commerce Standing                                                               
Committee meeting at 1:34 p.m.                                                                                                  

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