00CS FOR HOUSE CONCURRENT RESOLUTION NO. 22(FIN)                                                                        
01 Directing the Legislative Budget and Audit Committee to study fiscal and other                                          
02 public policy issues relating to state revenue.                                                                         
03 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                              
04  WHEREAS the state is facing important questions regarding the role of the state in                                   
05 providing services to its residents and how those services should be financed; and                                      
06  WHEREAS fiscal and other public policy decisions made in the next few years will                                     
07 profoundly influence the choices that are available to the next generation of Alaskans; and                             
08  WHEREAS the legislature must continue to evaluate the value received for public                                      
09 dollars spent, while also making fiscal and other public policy decisions that will support an                          
10 appropriate level of state services and foster a growing and diversified state economy;                                 
11  BE IT RESOLVED by the Alaska State Legislature that the Legislative Budget and                                       
12 Audit Committee is directed to study fiscal and other public policy issues relating to state                            
13 revenue, including                                                                                                      
14   (1)  investment goals and standards for the state's financial assets, and current                                     

01 management policies;                                                                                                    
02   (2)  the return on investment by all of the state's financial assets;                                                 
03   (3)  analysis of potential revenue-generating options and an estimate of specific                                     
04 revenues that would be generated, including the effect of implementing those options on the                             
05 private sector economy;                                                                                                 
06   (4)  analysis of the results of continued reliance on deficit spending; and be it                                     
07  FURTHER RESOLVED that the Legislative Budget and Audit Committee shall                                               
08 provide a report to the legislature by January 5, 2001, containing its findings and                                     
09 recommendations.