MINUTES                                                                                         
                     SENATE FINANCE COMMITTEE                                                                                 
                          March 23, 2001                                                                                      
                              9:13 AM                                                                                         
                                                                                                                                
                                                                                                                                
TAPES                                                                                                                       
                                                                                                                                
SFC-01 # 52, Side A                                                                                                             
                                                                                                                              
CALL TO ORDER                                                                                                               
                                                                                                                                
Co-Chair Pete Kelly convened the meeting at approximately 9:13 AM.                                                              
                                                                                                                                
PRESENT                                                                                                                     
                                                                                                                                
Senator Dave Donley, Co-Chair                                                                                                   
Senator Pete Kelly, Co-Chair                                                                                                    
Senator Loren Leman                                                                                                             
Senator Lyman Hoffman                                                                                                           
Senator Donald Olson                                                                                                            
                                                                                                                                
                                                                                                                                
SUMMARY INFORMATION                                                                                                         
                                                                                                                                
SB 103-ELECTION CAMPAIGNS AND LEGISLATIVE ETHICS                                                                                
                                                                                                                                
The Committee adopted a committee substitute and an amendment. The                                                              
bill moved from Committee.                                                                                                      
                                                                                                                                
SB   4-MUNICIPAL PROPERTY TAX EXEMPTION                                                                                         
                                                                                                                                
This bill was scheduled but not heard. Senator Hoffman distributed                                                              
information regarding an amendment that he suggested could be                                                                   
proposed at a later hearing.                                                                                                    
                                                                                                                                
[Tape malfunction during meeting start.]                                                                                        
                                                                                                                                
                                                                                                                                
     CS FOR SENATE BILL NO. 103(JUD)                                                                                            
     "An Act relating to election campaigns and legislative                                                                     
     ethics."                                                                                                                   
                                                                                                                                
                                                                                                                                
This was the second hearing for this bill in the Senate Finance                                                                 
Committee. At the previous hearing four amendments were adopted.                                                                
Afterwards,  a committee substitute  was prepared incorporating  the                                                            
changes.                                                                                                                        
                                                                                                                                
Co-Chair  Donley  moved  to  adopt CS  SB  130  (FIN), 22-LS0148\U,                                                             
3/22/01 as a working draft.                                                                                                     
                                                                                                                                
Without  objection,  the  committee  substitute  was  ADOPTED  as  a                                                            
working draft.                                                                                                                  
                                                                                                                                
Amendment  #5: This amendment  inserts the  following language  into                                                            
the committee  substitute on page  6, line 13, and page 8,  line 23,                                                            
following "candidate".                                                                                                        
                                                                                                                                
     Or a newsletter or material in a newsletter that is clearly                                                              
     only for the private benefit of a legislator or a legislative                                                            
     employee.                                                                                                                
                                                                                                                                
     New Text Underlined                                                                                                      
                                                                                                                                
Co-Chair Donley moved for  adoption noting that it would clarify the                                                            
stipulations on newsletters.                                                                                                    
                                                                                                                                
Co-Chair  Kelly  understood  that  Co-Chair  Donley  had  spoken  to                                                            
representatives of the  Select Committee on Legislative Ethics about                                                            
this change.                                                                                                                    
                                                                                                                                
Co-Chair  Donley relayed  that  he had  faxed the  amendment to  the                                                            
ethics committee  staff and received a response indicating  "this is                                                            
a  step in  the  right direction."  He  qualified  that  he was  not                                                            
testifying on the ethics committee's behalf.                                                                                    
                                                                                                                                
The amendment was ADOPTED without objection.                                                                                    
                                                                                                                                
Co-Chair Donley  offered a motion  to move from Committee  CS SB 130                                                            
(FIN),  22-LS0148\U,   3/22/01,  as  amended,  with   Department  of                                                            
Administration,  Alaska Public  Offices Commission  fiscal note  for                                                            
$78,900.                                                                                                                        
                                                                                                                                
There was no objection and the bill MOVED from Committee.                                                                       
                                                                                                                                
ADJOURNMENT                                                                                                                 
                                                                                                                                
Co-Chair Pete Kelly adjourned the meeting at 09:17 AM