1999-04-14                     House Journal                      Page 0809
HB 96                                                                        
The Finance Committee has considered:                                          
                                                                               
SPONSOR SUBSTITUTE FOR HOUSE BILL NO. 96                                      
"An Act relating to deposits to the Alaska permanent fund; and                
providing for an effective date."                                              
                                                                               
and recommends it be replaced with:                                            
                                                                               
CS FOR SPONSOR SUBSTITUTE FOR HOUSE BILL NO.                                  
96(FIN)                                                                        
"An Act relating to deposits to the Alaska permanent fund from                
mineral lease rentals, royalties, royalty sale proceeds, net profit            
shares under AS 38.05.180(f) and (g), federal mineral revenue                  
sharing payments received by the state from mineral leases, and                
bonuses received by the state from mineral leases, and limiting                
deposits from those sources to the 25 percent required under art.              
IX, sec. 15, Constitution of the State of Alaska; and providing for            
an effective date."                                                            
                                                                               
The report was signed by Representatives Therriault and Mulder, Co-            
chairs, with the following individual recommendations:                         
                                                                               
Do pass (5):  Mulder, Bunde, Austerman, Davis, Williams                        
                                                                               

1999-04-14                     House Journal                      Page 0810
HB 96                                                                        
No recommendation (5):  Therriault, Davies, Grussendorf, Moses,                
Foster                                                                         
                                                                               
Amend (1):  Kohring                                                            
                                                                               
The following fiscal note applies to CSSSHB 96(FIN):                           
                                                                               
Zero fiscal note, Dept. of Revenue, 3/24/99                                    
                                                                               
SSHB 96 was referred to the Rules Committee for placement on the               
calendar.