SB 53-PERM FUND; ADVISORY VOTE   4:06:30 PM CHAIR SHOWER reconvened the meeting and announced the consideration of SENATE BILL NO. 53 "An Act relating to use of income of the Alaska permanent fund; relating to the amount of the permanent fund dividend; relating to the duties of the commissioner of revenue; relating to an advisory vote on the permanent fund; providing for an effective date by repealing the effective date of sec. 8, ch. 16, SLA 2018; and providing for an effective date." He explained that this legislation from the Governor was tied to SJR 6. 4:06:58 PM CHAIR SHOWER opened public testimony on SB 53, 4:07:08 PM MATTHEW MAIXNER, representing self, Juneau, Alaska, stated that he favors SB 53 to help establish an advisory committee and he believes that people need to educate themselves about what the PFD does. He opined that it would be beneficial for legislators to help in the education process during town hall meetings. 4:09:06 PM CRIS EICHENLAUB, representing self, Wasilla, Alaska, testified on SB 53 to state support for an advisory vote on the PFD. He opined that the claims that constituents would rather have services than their dividend were untrue and the advisory vote would prove that. He further opined that the people who make those claims have numbered days. 4:10:16 PM TERRIE HARRIS, representing self, Anchor Point, Alaska, testified on SB 53 to state support for an advisory vote on the PFD that has language about the traditional formula. She emphasized that a court should not be able to say the people would not get their PFD and legislators should have no say in whether the people get their PFD. "I want it taken out of your hands because the people no longer trust you to represent." She maintained that legislators are not hired to make hard decisions; they are hired to represent their constituents. The remaining testimony was off topic. 4:12:10 PM BERT HOUGHTALING, representing self, Big Lake, Alaska, stated that SB 53 is another version of stealing the PFD. It combines the Earnings Reserve Account (ERA) with the corpus and allows legislators to authorize a PFD at their discretion. He said nothing protects Alaskans from legislators stealing the PFD for the state and capital budget. He suggested the committee "trashcan" SB 53. He posited that SJR 1 was the only bill that actually enshrines the PFD under the traditional formula and also allows a percent of market value (POMV) draw from the ERA. He concluded that SJR 6 and SB 53 do not protect traditional formula for the permanent fund dividend and he was a resounding "No" on both. 4:14:50 PM CHAIR SHOWER closed public testimony on SB 53. He restated that written testimony could be sent to ssta@akleg.gov and subsequently reminded the public that they would be able to comment further and offer suggestions when the Judiciary Committee heard the bill. Finding no further questions or comments, he solicited a motion. 4:15:14 PM SENATOR HOLLAND moved to report [SB 53], work order 32-LS1693\A, from committee [with individual recommendations and attached fiscal note(s)]. CHAIR SHOWER found no objection and SB 53 was reported from the Senate State Affairs Standing Committee.