2D CSHB 288(RLS)-CHANGING NAME OF DEPT OF COMM & ECON DEV.  CHAIR CON BUNDE announced HB 288 to be up for consideration. MR. BEN GRENN, staff to Representative Kohring, sponsor, explained that HB 288 changes the name of the Department of Community & Economic Development (DCED) to the Department of Commerce, Community and Economic Development. Confusion existed as to the actual mission of the department on whether Alaska had an agency that is tasked with promoting commerce and economic development, which has somewhat complicated efforts to attract investment to the state. Adding the word commerce back into the title also makes it consistent with numerous other states. CHAIR BUNDE asked if community or commerce has any connection with coalbed methane. MR. GRENN replied no at this point in time. REPRESENTATIVE VIC KOHRING, sponsor, joined the committee, and exhorted the committee to pass it. MS. SALLY SADLER, Legislative Liaison, Department of Community & Economic Development (DCED), supported HB 288. We believe the new name does encompass those three core missions and functions that the department embraces - first being the commerce, regulating business through our banking securities corporations, through our Division of Insurance, as well as Occupational and Business Licensing. We believe that it also captures the work of our Division of Community Advocacy, which is one of our largest divisions that reaches out and helps communities achieve that self- sufficiency and govern themselves and last, that certainly not least, those functions of economic development in which we have our business development specialists who promote economic development opportunities not only for fishing and tourism, but also for small business and mining.... A zero fiscal note accompanies the legislation and the costs will be absorbed as part of the department's on-going functions. SENATOR RALPH SEEKINS moved to pass SCS 2D CSHB 288(STA) from committee with individual recommendations and attached zero fiscal note. Senators Bettye Davis, Ralph Seekins, Gary Stevens, Hollis French, and Chair Con Bunde voted yea; and SCS 2D CSHB 288(STA) moved from committee.