SENATE BILL NO. 210 "An Act relating to the community revenue sharing program; changing the name of the community revenue sharing program to the community assistance program; and relating to the municipal property tax exemption on the residence of a senior, a disabled veteran, and a widow or widower of a senior or disabled veteran." 9:27:15 AM 9:27:27 AM AT EASE 9:27:38 AM REVONVENED Vice-Chair Micciche MOVED to ADOPT proposed committee substitute for CSSB 210(FIN), Work Draft 29-LS1593/H (Shutts, 4/4/16). Co-Chair MacKinnon OBJECTED for discussion. LAURA CRAMER, STAFF, SENATOR ANNA MACKINNON, explained that the CS had removed the language relating to the property tax exemption for seniors and disabled veterans. As a result, the bill was much smaller. There had been a couple of small changes to the Community Revenue Sharing program, which under the bill would become the Community Assistance Program. She directed attention to page 4 of the bill, and noted the first changes started on line 14. The CS would change the amount that was deposited into the fund; to the greater of $30 million or the amount, when added to the fund balance on June 30 of the previous fiscal year, equaled $90 million. Ms. Cramer continued discussing the CS, noting that the second change was on page 5, subsection b, starting on line 7. She explained that after consulting with the Division of Legislative Finance, it was realized that there could be a negative balance in the fund if the revenue sharing payment was not rounded to the nearest dollar. Senator Hoffman asked if the program was in continuance or still had an expiration date. Ms. Cramer relayed that the program would continue as long as the legislature continued to appropriate funds into the fund. Senator Olson asked if the funding numbers had changed for communities. Ms. Cramer stated that because the balance in the fund was less than what the legislature had previously appropriated, the amounts to communities would be reduced. She noted that the specific monetary amounts had been distributed to committee members. Senator Olson clarified that his question pertained to whether the amounts for communities had changed between the two previous versions of the bill. Ms. Cramer answered in the negative. Co-Chair MacKinnon WITHDREW her OJBECTION. There being NO OBJECTION, it was so ordered. SB 210 was HEARD and HELD in committee for further consideration. Co-Chair MacKinnon reiterated that the committee was working on the fiscal notes and materials for SB 91, and would bring the bill back before the committee at a later time so the public would have the opportunity to review the changes. Co-Chair MacKinnon discussed the afternoon schedule, which would include public testimony for the capital budget.