HB 410-REINSTATEMENT OF NATIVE CORPS                                                                          
                                                                                                                                
8:02:47 AM                                                                                                                    
                                                                                                                                
CO-CHAIR  ZULKOSKY  announced that  the  first order  of  business                                                              
would  be   HOUSE  BILL   NO.  410,  "An   Act  relating   to  the                                                              
reinstatement  of  Native  corporations;   and  providing  for  an                                                              
effective date."                                                                                                                
                                                                                                                                
8:03:03 AM                                                                                                                    
                                                                                                                                
PAUL  LABOLLE, Staff,  Representative  Neal  Foster, Alaska  State                                                              
Legislature,  presented   HB  410  on  behalf   of  Representative                                                              
Foster, prime  sponsor.   He indicated  this legislation  had been                                                              
brought  before  previous legislatures.    He  said HB  410  would                                                              
allow   an   involuntarily   dissolved   Native   corporation   to                                                              
reincorporate as the  same entity with the same  assets rights and                                                              
liabilities as  the original corporation  formed under  the Alaska                                                              
Native  Claims Settlement  Act (ANCSA).    The corporations  would                                                              
have until 2020 to do so.                                                                                                       
                                                                                                                                
8:03:43 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE TALERICO,  based on discussion on  this legislation                                                              
in  a prior  legislature,  recollected  that  there are  not  many                                                              
corporations to which HB 410 would apply.                                                                                       
                                                                                                                                
MR.   LABOLLE  said   he  knows   of  one   corporation,  and   he                                                              
acknowledged  that   Representative  Talerico  had   told  him  of                                                              
another.                                                                                                                        
                                                                                                                                
8:04:45 AM                                                                                                                    
                                                                                                                                
JAMIE MCCULLOUGH,  Director, Division  of Corporations,  Business,                                                              
and Professional  Licensing, Department  of Commerce,  Community &                                                              
Economic  Development  (DCCED),  related  that since  2011,  there                                                              
have  been  approximately 19  [unintentionally  dissolved  Native]                                                              
corporations.                                                                                                                   
                                                                                                                                
8:05:36 AM                                                                                                                    
                                                                                                                                
CO-CHAIR  ZULKOSKY  open  public  testimony  on  HB  410.    After                                                              
ascertaining  that there  was no  one who wished  to testify,  she                                                              
closed public testimony.                                                                                                        
                                                                                                                                
8:05:57 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE RAUSCHER expressed support for HB 410.                                                                           
                                                                                                                                
8:06:32 AM                                                                                                                    
                                                                                                                                
CO-CHAIR  PARISH moved  to report  HB  410 out  of committee  with                                                              
individual recommendations.                                                                                                     
                                                                                                                                
CO-CHAIR ZULKOSKY  announced there being no objection,  HB 410 was                                                              
reported  out  of   the  House  Community  and   Regional  Affairs                                                              
Standing Committee.                                                                                                             
                                                                                                                                
[The  House  Community  and Regional  Affairs  Standing  Committee                                                              
subsequently brought  HB 410 back before the  committee on 4/17/18                                                              
in order to move the accompanying fiscal note out of committee.]