SENATE FINANCE COMMITTEE April 12, 2018 4:00 p.m. 4:00:02 PM CALL TO ORDER Co-Chair MacKinnon called the Senate Finance Committee meeting to order at 4:00 p.m. MEMBERS PRESENT Senator Lyman Hoffman, Co-Chair Senator Anna MacKinnon, Co-Chair Senator Click Bishop, Vice-Chair Senator Peter Micciche Senator Donny Olson Senator Gary Stevens Senator Natasha von Imhof MEMBERS ABSENT None ALSO PRESENT None SUMMARY SB 185 REEMPLOYMENT OF RETIRED TEACHERS & ADMIN CSSB 185(EDC) was REPORTED out of committee with a "do pass" recommendation and with one new indeterminate fiscal note from the Department of Administration. SENATE BILL NO. 185 "An Act relating to reemployment of persons who retire under the teachers' retirement system." 4:00:36 PM Co-Chair MacKinnon directed attention to the bill. The bill had been heard on April 9, 2018; at which time the public hearing was opened and closed. The committee had reviewed the fiscal notes, and no proposed amendments were received. Senator Micciche gave a high-level overview of the bill, which gave retired Alaskan teachers the same ability to help fill positions temporarily as retired people from out of state. The bill allowed reemployment of retired educators without losing retirement benefits, and was matched with Internal Revenue Service letter of the law. The bill was expected to be at no cost to the state, depending upon the length of retirement. He referenced past retiree re-hire legislation. He mentioned bona fide separation/prearrangement prohibition. Vice-Chair Bishop stated he had met with numerous superintendents and school boards. He supported the bill. He referenced the book "The World's Smartest Kids," which discussed the value of quality teachers. He wanted a plan to solve educational issues. Vice-Chair Bishop MOVED to report CSSB 185(EDC) out of Committee with individual recommendations and the accompanying fiscal note. There being NO OBJECTION, it was so ordered. CSSB 185(EDC) was REPORTED out of committee with a "do pass" recommendation and with one new indeterminate fiscal note from the Department of Administration. 4:03:53 PM AT EASE 4:05:45 PM RECONVENED Co-Chair MacKinnon discussed the agenda for the following day. ADJOURNMENT 4:06:09 PM The meeting was adjourned at 4:06 p.m.