ALASKA STATE LEGISLATURE  HOUSE LABOR AND COMMERCE STANDING COMMITTEE  March 24, 2006 3:45 p.m. MEMBERS PRESENT Representative Tom Anderson, Chair Representative Pete Kott Representative Gabrielle LeDoux Representative Bob Lynn Representative Harry Crawford Representative David Guttenberg MEMBERS ABSENT  Representative Norman Rokeberg COMMITTEE CALENDAR HOUSE BILL NO. 227 "An Act relating to the Alaska Small Loans Act; and providing for an effective date." - MOVED CSHB 227(L&C) OUT OF COMMITTEE HOUSE BILL NO. 350 "An Act relating to enforcement of insurance unfair claim settlement practices by a person affected by a violation; permitting penalties for a single-act unfair claim settlement practice; and providing for an effective date." - BILL HEARING POSTPONED PREVIOUS COMMITTEE ACTION BILL: HB 227 SHORT TITLE: ALASKA SMALL LOANS ACT SPONSOR(s): LABOR & COMMERCE 03/21/05 (H) READ THE FIRST TIME - REFERRALS 03/21/05 (H) L&C, JUD 04/01/05 (H) L&C AT 3:15 PM CAPITOL 17 04/01/05 (H) Bill Postponed 04/04/05 (H) L&C AT 3:15 PM CAPITOL 17 04/04/05 (H) Scheduled But Not Heard 04/13/05 (H) L&C AT 3:15 PM CAPITOL 17 04/13/05 (H) Heard & Held 04/13/05 (H) MINUTE(L&C) 03/03/06 (H) L&C AT 3:15 PM CAPITOL 17 03/03/06 (H) 03/17/06 (H) L&C AT 3:15 PM CAPITOL 17 03/17/06 (H) Scheduled But Not Heard 03/24/06 (H) L&C AT 3:15 PM LOCATION TBA WITNESS REGISTER JOSH APPLEBEE, Staff to Representative Anderson Alaska State Legislature POSITION STATEMENT: As the committee aide for the House Labor and Commerce Standing Committee, sponsor, answered questions regarding HB 227, Version Y. ACTION NARRATIVE CHAIR TOM ANDERSON called the House Labor and Commerce Standing Committee meeting to order at 3:45:51 PM. Representatives Anderson, Kott, LeDoux, Lynn, Crawford, and Guttenberg were present at the call to order. HB 227-ALASKA SMALL LOANS ACT CHAIR ANDERSON announced that the only order of business would be HOUSE BILL NO. 227, "An Act relating to the Alaska Small Loans Act; and providing for an effective date." CHAIR ANDERSON indicated that the committee packet includes a document listing the changes embodied in Version 24-LS0599\Y, Bannister, 3/9/06. He asked if the committee had any questions in regard to Version Y. 3:46:44 PM JOSH APPLEBEE, Staff to Representative Anderson, Alaska State Legislature, as the committee aide for the House Labor and Commerce Standing Committee, sponsor, reminded the committee that during the last hearing on HB 227 the real estate industry expressed concerns. [Version Y] exempts the real estate industry from this legislation and the two bills addressing mortgage lenders and mortgage brokers are being worked on separately. In response to Chair Anderson, Mr. Applebee confirmed that the real estate industry is satisfied with Version Y. 3:47:34 PM CHAIR ANDERSON moved to adopt CSHB 227, Version 24-LS0599\I, Bannister, 3/17/06, as the working document. There being no objection, Version I was before the committee. 3:48:05 PM MR. APPLEBEE, in response to Chair Anderson, specified that the next committee of referral for HB 227 is the House Judiciary Standing Committee. 3:48:19 PM REPRESENTATIVE KOTT moved to report CSHB 227, Version 24- LS0599\I, Bannister, 3/17/06, out of committee with individual recommendations and the accompanying fiscal note. There being no objection, CSHB 227(L&C) was reported from the House Labor and Commerce Standing Committee. 3:48:34 PM ADJOURNMENT  There being no further business before the committee, the House Labor and Commerce Standing Committee meeting was adjourned at 3:48 p.m.