Legislature(2011 - 2012)BUTROVICH 205

02/02/2012 09:00 AM STATE AFFAIRS


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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
*+ SCR 17 GIRL SCOUTS 100TH ANNIVERSARY TELECONFERENCED
Moved CSSCR 17(STA) Out of Committee
Bills Previously Heard/Scheduled
= SB 130 ALASKA NATIVE LANGUAGE COUNCIL
Moved CSSB 130(STA) Out of Committee
= SJR 10 CONT. AM.: BUDGET RESERVE FUND
Moved CSSJR 10(STA) Out of Committee
= SB 131 DIVEST INVESTMENTS IN IRAN
Moved SB 131 Out of Committee
                    ALASKA STATE LEGISLATURE                                                                                  
            SENATE STATE AFFAIRS STANDING COMMITTEE                                                                           
                        February 2, 2012                                                                                        
                           9:02 a.m.                                                                                            
                                                                                                                                
MEMBERS PRESENT                                                                                                               
                                                                                                                                
Senator Bill Wielechowski, Chair                                                                                                
Senator Joe Paskvan, Vice Chair                                                                                                 
Senator Albert Kookesh                                                                                                          
Senator Kevin Meyer                                                                                                             
Senator Cathy Giessel                                                                                                           
                                                                                                                                
MEMBERS ABSENT                                                                                                                
                                                                                                                                
All members present                                                                                                             
                                                                                                                                
COMMITTEE CALENDAR                                                                                                            
                                                                                                                                
SENATE BILL NO. 130                                                                                                             
"An Act  establishing in the  Office of the Governor  an advisory                                                               
council for the preservation,  restoration, and revitalization of                                                               
Alaska Native languages."                                                                                                       
                                                                                                                                
     - MOVED CSSB 130(STA) OUT OF COMMITTEE                                                                                     
                                                                                                                                
SENATE JOINT RESOLUTION NO. 10                                                                                                  
Proposing  an  amendment to  the  Constitution  of the  State  of                                                               
Alaska relating to deposits to  the constitutional budget reserve                                                               
fund from surplus oil revenue.                                                                                                  
                                                                                                                                
     - MOVED CSSJR 10(STA) OUT OF COMMITTEE                                                                                     
                                                                                                                                
SENATE CONCURRENT RESOLUTION NO. 17                                                                                             
Celebrating  the 100th  anniversary  of the  Girl  Scouts of  the                                                               
United States of America and proclaiming  2012 as the Year of the                                                               
Girl.                                                                                                                           
                                                                                                                                
     - MOVED CSSCR 17(STA) OUT OF COMMITTEE                                                                                     
                                                                                                                                
SENATE BILL NO. 131                                                                                                             
"An Act relating  to certain investments of  the Alaska permanent                                                               
fund,  the  state's  retirement  systems,  the  State  of  Alaska                                                               
Supplemental Annuity Plan, and  the deferred compensation program                                                               
for  state employees  in certain  companies that  do business  in                                                               
Iran,  and restricting  those investments;  and providing  for an                                                               
effective date."                                                                                                                
     - MOVED SB 131 OUT OF COMMITTEE                                                                                            
                                                                                                                                
PREVIOUS COMMITTEE ACTION                                                                                                     
                                                                                                                                
BILL: SB 130                                                                                                                  
SHORT TITLE: ALASKA NATIVE LANGUAGE COUNCIL                                                                                     
SPONSOR(s): SENATOR(s) OLSON                                                                                                    
                                                                                                                                
04/15/11       (S)       READ THE FIRST TIME - REFERRALS                                                                        
04/15/11       (S)       STA, FIN                                                                                               
01/24/12       (S)       STA AT 9:00 AM BUTROVICH 205                                                                           

01/24/12 (S) Scheduled But Not Heard

01/31/12 (S) STA AT 9:00 AM BUTROVICH 205

01/31/12 (S) Heard & Held

01/31/12 (S) MINUTE(STA) 02/02/12 (S) STA AT 9:00 AM BUTROVICH 205 BILL: SJR 10 SHORT TITLE: CONT. AM.: BUDGET RESERVE FUND SPONSOR(s): SENATOR(s) WIELECHOWSKI

01/17/12 (S) PREFILE RELEASED 1/6/12

01/17/12 (S) READ THE FIRST TIME - REFERRALS

01/17/12 (S) STA, FIN

01/24/12 (S) STA AT 9:00 AM BUTROVICH 205

01/24/12 (S) Heard & Held

01/24/12 (S) MINUTE(STA) 02/02/12 (S) STA AT 9:00 AM BUTROVICH 205 BILL: SCR 17 SHORT TITLE: GIRL SCOUTS 100TH ANNIVERSARY SPONSOR(s): DAVIS

01/17/12 (S) READ THE FIRST TIME - REFERRALS

01/17/12 (S) STA 02/02/12 (S) STA AT 9:00 AM BUTROVICH 205 BILL: SB 131 SHORT TITLE: DIVEST INVESTMENTS IN IRAN SPONSOR(s): STATE AFFAIRS BY REQUEST 04/16/11 (S) READ THE FIRST TIME - REFERRALS 04/16/11 (S) STA, FIN

01/31/12 (S) STA AT 9:00 AM BUTROVICH 205

01/31/12 (S) Heard & Held

01/31/12 (S) MINUTE(STA) 02/02/12 (s) STA AT 9:00 AM BUTROVICH 205 WITNESS REGISTER KATYA WASSILLIE, Intern Senator Bettye Davis Alaska State Legislature Juneau, Alaska POSITION STATEMENT: Introduced SCR 17 on behalf of the sponsor. JANE ANGVIK, Chair Girl Scouts of Alaska Anchorage, Alaska POSITION STATEMENT: Testified in support of SCR 17. OLIVIA LARSON, Girl Scout Anchorage, Alaska POSITION STATEMENT: Testified in support of SCR 17. LAURA ACHEE, Director Administration and Communications Alaska Permanent Fund Corporation (APFC) Department of Revenue (DOR) Juneau, Alaska POSITION STATEMENT: Answered questions related to SB 131 DAN WAYNE, Legislative Legal Counsel Legislative Affairs Agency Juneau, Alaska POSITION STATEMENT: Answered questions regarding SB 131. ACTION NARRATIVE 9:02:53 AM CHAIR BILL WIELECHOWSKI called the Senate State Affairs Standing Committee meeting to order at 9:02 a.m. Present at the call to order were Senators Giessel, Kookesh, Paskvan, and Chair Wielechowski. Senator Meyer arrived shortly thereafter. SB 130-ALASKA NATIVE LANGUAGE COUNCIL 9:04:05 AM CHAIR WIELECHOWSKI announced that the first order of business was SB 130 sponsored by Senator Donny Olson. Previously, the committee heard eloquent testimony from around the state. All testifiers stressed the risks faced by Alaska Native languages, the linkage between language and cultural identity, and the unique perspective language gives on how different peoples view and interact with the world. SB 130 would establish a council to help protect and revitalize Alaska's many Native tongues. The original version of the bill had a fiscal note from the Office of the Governor for $387,900 in FY 13 and slightly less in subsequent years. Version X of the bill will have a lower fiscal note as a result of changes made in the committee substitute. The bill has a further referral to the Senate Finance Committee. 9:05:28 AM SENATOR PASKVAN moved to report the CS for SB 130, labeled 27- LS0779\X, from committee with individual recommendations and with a forthcoming fiscal note from the Department of Commerce, Community and Economic Development. SENATOR WIELECHOWSKI announced that without objection, CSSB 130 (STA) moved from the Senate State Affairs Standing Committee. SJR 10-CONT. AM.: BUDGET RESERVE FUND 9:06:25 AM CHAIR WIELECHOWSKI stated that the next bill before the committee was SJR 10. This constitutional amendment would cap the amount of unrestricted oil revenue that can be spent in a given year at $6 billion, adjusted for inflation, and two-thirds of the surplus would be put into the Constitutional Budget Reserve (CBR). CHAIR WIELECHOWSKI said that the committee heard compelling testimony from two university experts in support of this concept. The first was Dr. Scott Goldsmith of the Institute of Social and Economic Research who has written extensively about state finances and the need to spend wisely. The second was Dr. Steven Haycox, an Alaska historian and author of many books. The bill has a further referral to the Senate Finance Committee. It is one of many ideas on the table for ensuring that our financial house in in order as oil production continues to decline. If passed by the legislature, it would go to the people of Alaska for a vote. The bill has a modest fiscal note of $1,500 to cover the cost of providing information about the amendment on the elections booklet for the 2012 general election. SENATOR GIESSEL stated that a constitutional amendment is a significant action and should address an issue that is durable over time. She recalled testimony that stated that excess funds would only exist for the next two to three years in light of declining oil production. She opined that it was not appropriate to amend the constitution for something that will only be relevant for a few years. She also disapproved of tying the hands of future legislatures. SENATOR WIELECHOWSKI opined that the intent of the bill is to put a framework into the future to provide for savings. SENATOR KOOKESH said that he was inclined to support bills that required a vote of the people; however, he was uncertain about what would happen in the next three years. 9:09:37 AM SENATOR PASKVAN moved [to report the CS for SJR 10, labeled 27- LS1091\D, from committee with individual recommendations and the attached fiscal note.] SENATOR WIELECHOWSKI announced that without objection, CSSJR 10(STA) moved from the Senate State Affairs Standing Committee. SCR 17-GIRL SCOUTS 100TH ANNIVERSARY SENATOR WIELECHOWSKI announced that the next bill before the committee was SCR 17, which proclaims 2012 as the Year of the Girl and celebrates the 100th anniversary of the Girl Scouts. The bill was introduced by Senator Bettye Davis. The committee will take up version M of SCR 17. SENATOR PASKVAN moved [to adopt the CS for SCR 17, version M, as the working document before the committee.] SENATOR WIELECHOWSKI objected for discussion purposes. KATYA WASSILLIE, intern, Senator Bettye Davis, sponsor of SCR 17, introduced the resolution. She related that the Girl Scouts of America, founded by Juliette Gordon Low in 1912, now have about 2.3 million members and 890,000 adults working as volunteers. Fifty million women are Girl Scout alumnae. In Alaska there are about 6,000 Girl Scouts and 1,500 volunteers today. The experience of being a Girl Scout produces growth on many levels. She described the advantages of being a Girl Scout and the difference it makes in girls' lives. She shared statistics about the numbers in the organization. SJR 17 recognizes the positive impact of the Girl Scouts and commemorates them by proclaiming 2012 the Year of the Girl. SENATOR KOOKESH asked if Ms. Wassillie was a Girl Scout. MS. WASSILLIE replied that she was not. 9:13:18 AM JANE ANGVIK, Chair, Girl Scouts of Alaska, Anchorage, Alaska, testified in support of SCR 17. She shared statistics of the organization and advantages of belonging to the group. She shared types of badges available to Girl Scouts. 9:15:48 AM OLIVIA LARSON, Girl Scout, Anchorage, Alaska, testified in support of SCR 17. She shared her experience as a Girl Scout and urged support of the resolution. SENATOR WIELECHOWSKI closed public testimony. He requested a motion to move the bill. 9:17:11 AM SENATOR PASKVAN moved [to report the CS for SCR 17, version M, from committee, with individual recommendations and the attached zero fiscal note.] SENATOR WIELECHOWSKI announced that without objection, CSSCR 17(STA) moved from the Senate State Affairs Standing Committee. SB 131-DIVEST INVESTMENTS IN IRAN 9:18:54 AM SENATOR WIELECHOWSKI announced that SB 131 was again before the committee. Since the committee heard the bill, the governor made a surprise announcement that he is asking the Alaska Permanent Fund Corporation (APFC), Alaska Retirement Management (ARM) Board, and Department of Revenue (DOR) to divest their holdings from any companies doing business in Iran. He said he applauds the governor's support for divesting, but it is not clear whether he and the agencies he asked to divest currently have sufficient legal authority to do so. He wished to learn more about that question and about the fiscal notes the bill received from the APFC. One of the fiscal notes, for $200,000 in FY 13, refers to APFC custody and management fees. 9:19:01 AM LAURA ACHEE, Director of Administration and Communications, Alaska Permanent Fund Corporation (APFC), Department of Revenue (DOR), Juneau, Alaska, introduced herself. She offered to answer questions about SB 131. SENATOR PASKVAN questioned the transactional cost related to the bill. MS. ACHEE explained that two elements relate to the costs; one is the direct pass through cost that APFC is charged for brokers buying and selling stocks, and the other is the cost of having both internal and external staff manage the portfolio. At the front end is the initial cost of divesting the stocks, and then there are on-going costs of making sure those stocks are not re- bought. SENATOR PASKVAN said he thought those transactional costs were part of every day, usual costs. 9:22:59 AM MS. ACHEE countered the idea that APFC would not be doing anything different. One of the tasks that would be different is the monitoring of unacceptable stocks on the list to make sure that they are not purchased. Also, the issue of paying the brokers is a fixed cost. The management cost is not included in the fiscal note. She addressed the issue of profits versus losses, which cannot be estimated. Managers are expecting that there might be some offers, but those costs are also not included in the fiscal note. SENATOR PASKVAN said he thought the investments should be divested no matter what the cost. SENATOR KOOKESH wondered if the fiscal note changed due to the governor's interest. MS. ACHEE answered said no. SENATOR KOOKESH asked if the costs will be shared with the governor. MS. ACHEE said she has not discussed that situation. SENATOR KOOKESH wondered how fiscal notes are determined now that the governor has weighed in. 9:26:43 AM SENATOR WIELECHOWSKI said that Senator Kookesh made a good point. He wondered where the $200,000 would come from if the bill does not pass, now that the governor has stated support. MS. ACHEE said that discussion would have to happen and the money would have to be found. She thought the direction of inquiry was premature. SENATOR GIESSEL asked if there were other stocks APFC is prohibited from investing in. MS. ACHEE said there were none. SENATOR MEYER pointed out that there are some restrictions. For example, high risk trading is not done. MS. ACHEE did not know. A number of years ago the investment authority was turned over to the APFC. SENATOR WIELECHOWSKI said he had been told that the Permanent Fund was divested from Sudanese investments. MS. ACHEE said that was incorrect. SENATOR WIELECHOWSKI said he understood that former-Governor Palin requested that. MS. ACHEE did not recall that. She assured the committee that there has never been any divestment for any reason. 9:30:03 AM DAN WAYNE, Legislative Legal Counsel, Legislative Affairs Agency, introduced himself. SENATOR WIELECHOWSKI related his conversation with Legislative Legal questioning the governor's authority to request or demand that the Permanent Fund divest from investments. MR. WAYNE explained that the constitution gives the governor power under Article 3, Section 16, to force compliance with any constitutional or legislative mandate, which may make the governor think he can take action to divest funds from the Permanent Fund. Mr. Wayne did not think the Permanent Fund Corporation could act on the request because the constitution says in Article 9, Section 15, that "the principle of the Permanent Fund shall be used only for those income producing investments specifically designated by law as eligible for Permanent Fund investment." The legislature has designated by law how that money is supposed to be invested in AS 37.13.120(a) "when adopting regulations authorized by this section, or managing and investing fund assets, the prudent investor rule shall be applied by the corporation. The prudent investor rule is applied to investment activity of the fund, means that the corporation shall exercise the judgment and care under the circumstances then prevailing, that an institutional investor of ordinary prudence, discretion, and intelligence exercises in the designation management of large investments entrusted to it, not in regard to speculation, but in regard to the permanent disposition of funds, considering preservation of the purchasing power of the fund over time while maximizing the expected total return from both income and appreciation of capital." He concluded that the legislature has said this is the law to follow when investing money. SB 131 adds a subsection to AS 37. 13.120 on page 5, Section 3, "the board shall comply with AS 37.10.072," which is the new section that requires divestment. He opined that without legislative direction, the APFC can't divest from Iran investments unless it would satisfy the requirements of the prudent investment rule. SENATOR WIELECHOWSKI asked Ms. Achee for clarification on the fiscal note. He wondered how many fund managers were contacted regarding the need for a fiscal note. MS. ACHEE replied there were about 20-25 fund managers. SENATOR WIELECHOWSKI inquired how many thought there would be a cost. MS. ACHEE said three fund managers decided SB 131 would require a cost. One manager gave an estimate for manager fees, but they were not included in fiscal note, as well as transaction costs. She emphasized that the amount of $200,000 is not a definite number, but a rough estimate. SENATOR WIELECHOWSKI concluded that the fiscal note was based on the recommendation of one fund manager. He summarized page 2, lines 5-11, "if an investment in the fund is managed as a commingled investment or other business structure in which the fund is not the sole owner, the law does not apply." He asked if it was a commingled investment. 9:38:06 AM MS. ACHEE responded that it was not a commingled fund. All managers that did not suggest that there would be a cost are separate account active managers that do not fall under either exclusion in the bill. SENATOR WIELECHOWSKI understood that the one fund manager manages about $1.3 billion. MS. ACHEE clarified that the manager manages $1.4 billion, $1 billion of which is international large capitalized company stock. SENATOR WIELECHOWSKI stated that the state pays that manager about $350,000 per quarter. MS. ACHEE said manager fees vary. She did not know the number. SENATOR WIELECHOWSKI asked if Ms. Achee or her lawyers had looked at subsection (b). MS. ACHEE said she has and it does not apply. SENATOR WIELECHOWSKI thought it was a commingled investment. 9:40:46 AM MS. ACHEE reviewed definitions: an active separate account is an account where the manager makes decisions based on what is best for the individual portfolio; passive managers align the portfolio directly to an index and charge a significantly smaller fee; commingled funds are blended with other institutional investors like a mutual fund. SENATOR PASKVAN requested a definition of basis points. He said he estimated the transactional costs to be 25 basis points. He wondered if they could be negotiated lower. 9:42:51 AM MS. ACHEE defined a basis point as a fraction of a percent. For example, $200,000 is two basis points of a $1 billion portfolio. SENATOR PASKVAN asked if the value is 99.8 percent after two basis points are removed. MS. ACHEE said that APFC does not approach it that way. She asked for further clarification of Senator Paskvan's question. SENATOR PASKVAN assumed a $100,000 investment with a 2 basis point transactional cost. He asked what amount remained. MS. ACHEE said it would be the remainder if the stock were to be sold for full value. SENATOR PASKVAN restated the question based on a $100 investment. He asked if $99.80 would remain. MS. ACHEE agreed. SENATOR PASKVAN explained the rational for his analysis. 9:45:03 AM SENATOR WIELECHOWSKI asked if there is a section in the contract with the fund manager that discusses how much it would cost for a legislative change. MS. ACHEE did not know. SENATOR WIELECHOWSKI wondered if the governor could legally direct investments. MS. ACHEE deferred to Legislative Legal to answer. SENATOR KOOKESH asked Ms. Achee to follow up on that question. MS. ACHEE did not feel comfortable answering the question. SENATOR PASKVAN also wanted feedback on the question. SENATOR KOOKESH said it was new ground and he wished to follow the process. SENATOR WIELECHOWSKI thanked Ms. Achee for her work. He left the decision on the bill to the committee. 9:48:01 AM SENATOR PASKVAN asked when the APFC might respond. SENATOR WIELECHOWSKI requested more information about the governor's letter. He related that Mr. Wayne maintained that the governor's letter did not give the APFC authority to divest. He also wondered if the governor could give authority for APFC to divest. MS. ACHEE said she would try to get an answer as soon as possible, but it was up to the Department of Law to respond. SENATOR WIELECHOWSKI said the committee would hold the bill until further notice. SENATOR MEYER recalled that the previous governor verbally requested divestment from Sudan. He also wanted to find out the governor's legal role. He agreed with the bill's intent from a policy standpoint. He suggested moving the bill. SENATOR KOOKESH also agreed to move the bill. 9:50:22 AM SENATOR PASKVAN moved to report SB 131, version M, from committee with individual recommendations and the attached fiscal notes. SENATOR WIELECHOWSKI added that there are two attached fiscal notes; one from the Department of Revenue - Treasury, and one from the Department of Revenue - APFC Operations. A revised fiscal note concerning APFC custody and management fees may be forthcoming. SENATOR GIESSEL said in spite of the governor's support, she was unsure of the bill. She stated objections to political aspects of the bill, even though she did not dispute Iran's action. She noted that Norway makes objective decisions about investments. SENATOR WIELECHOWSKI agreed that that's the argument against the bill. He said each individual case should be looked at based on its own merits. He said Norway has a board that does allow social investing. For example, Norway does not invest in tobacco companies. He thought this bill was a unique situation. He argued in favor of the bill. 9:53:36 AM SENATOR GIESSEL commented on an investment Norway declined to make. SENATOR WIELECHOWSKI announced that without objection, SB 131 moved from the Senate State Affairs Standing Committee. 9:54:03 AM There being no further business to come before the committee, Chair Wielecowski adjourned the Senate State Affairs Standing Committee at 9:54 a.m.

Document Name Date/Time Subjects
Iranian Divestment Fact Sheet.pdf HMSC 11/3/2011 12:15:00 PM
SMSC 11/3/2011 12:15:00 PM
SSTA 2/2/2012 9:00:00 AM
SB 131
Leg Research Report 10-24-11.pdf HMSC 11/3/2011 12:15:00 PM
SMSC 11/3/2011 12:15:00 PM
SSTA 2/2/2012 9:00:00 AM
SB 131
Minnesota scrutinized list.pdf HMSC 11/3/2011 12:15:00 PM
SMSC 11/3/2011 12:15:00 PM
SSTA 2/2/2012 9:00:00 AM
SB 131
StateIranDivestmentLegislationComparison2011.pdf HMSC 11/3/2011 12:15:00 PM
SMSC 11/3/2011 12:15:00 PM
SSTA 2/2/2012 9:00:00 AM
SB 131
SB 130 Sponsor Statement.pdf SSTA 2/2/2012 9:00:00 AM
SB 130
SB 130 Alaska Native Language & Advisory Council Ver.X.pdf SSTA 2/2/2012 9:00:00 AM
SB 130
SB 130 - AK Native Language Preservation Council bill Ver.B.pdf SSTA 2/2/2012 9:00:00 AM
SB 130
SB130-OOG Fiscal Note.pdf SSTA 2/2/2012 9:00:00 AM
SB 130
SB 131 Tim Geithner letter.pdf SSTA 2/2/2012 9:00:00 AM
SB 131
SB 131 WP Article, 12-1-11.pdf SSTA 2/2/2012 9:00:00 AM
SB 131
SB 131, version M.pdf SSTA 2/2/2012 9:00:00 AM
SB 131
SB 131 WSJ Article, 6-14-07.pdf SSTA 2/2/2012 9:00:00 AM
SB 131
SB131-REV-APFCO-01-27-12.pdf SSTA 2/2/2012 9:00:00 AM
SB 131
SB 131 AP Article, 1-23-12.pdf SSTA 2/2/2012 9:00:00 AM
SB 131
SB 131 Fact Sheet.pdf SSTA 2/2/2012 9:00:00 AM
SB 131
SB 131 National Post Article, 1-28-12.pdf SSTA 2/2/2012 9:00:00 AM
SB 131
SB 131 New York Iranian Divestment Legislation.pdf SSTA 2/2/2012 9:00:00 AM
SB 131
SB 131 Sectional Analysis.pdf SSTA 2/2/2012 9:00:00 AM
SB 131
SB 131 Sponsor Statement.pdf SSTA 2/2/2012 9:00:00 AM
SB 131
SB130Letters of Support up-1-30.PDF SSTA 2/2/2012 9:00:00 AM
SB 130
SB130back up research.PDF SSTA 2/2/2012 9:00:00 AM
SB 130
SB131-DOR-TRS-1-27-12.pdf SSTA 2/2/2012 9:00:00 AM
SB 131
SB130 letter of support.PDF SSTA 2/2/2012 9:00:00 AM
SB 130
SB 131 S STA PowerPoint Presentation.pdf SSTA 1/31/2012 9:00:00 AM
SSTA 2/2/2012 9:00:00 AM
SB 131
SJR 10 Fiscal Note.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10 Explanation of Changes from Version I to Version D.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10, S STA CS, version D.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10 Fact Sheet.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10 Sectional Analysis.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10 Sponsor Statement.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10, version I.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10 ADN Article.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10 ADN Editorial.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10 CBR History.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10 FY13 Savings Account Balances.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10 Goldsmith High Oil Prices Article.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10 Goldsmith Petroleum Wealth Article.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10 Goldsmith Saving Article.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10 Juneau Empire Article.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR10 Scott Goldsmith testimony.docx SSTA 2/2/2012 9:00:00 AM
SJR 10
SJR 10 Senate State Affairs Presentation 1-24-12.pdf SSTA 2/2/2012 9:00:00 AM
SJR 10
SCR 17 Original.pdf SSTA 2/2/2012 9:00:00 AM
SCR 17
CS for SCR 17 Version M.pdf SSTA 2/2/2012 9:00:00 AM
SCR 17
SCR 17 Background Information.pdf SSTA 2/2/2012 9:00:00 AM
SCR 17
SCR 17 List of Witnesses for Testimony.docx SSTA 2/2/2012 9:00:00 AM
SCR 17
SCR 17 Research and Statistics.pdf SSTA 2/2/2012 9:00:00 AM
SCR 17
SCR 17 Sponsor Statement.doc SSTA 2/2/2012 9:00:00 AM
SCR 17
SCR 17 100th Anniversary Information.pdf SSTA 2/2/2012 9:00:00 AM
SCR 17
SCR 17 Congressional and Other Resolutions.pdf SSTA 2/2/2012 9:00:00 AM
SCR 17
SCR 17 Research and Statistics 2.pdf SSTA 2/2/2012 9:00:00 AM
SCR 17