1999-05-15                     House Journal                      Page 1436
HB 231                                                                       
The Finance Committee has considered:                                          
                                                                               
HOUSE BILL NO. 231                                                            
"An Act relating to income of the Alaska permanent fund, to the               
Alaska Income Account, and to permanent fund dividends; and                    
providing for an effective date."                                              
                                                                               
and recommends it be replaced with:                                            
                                                                               
CS FOR HOUSE BILL NO. 231(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; relating to income           
of the Alaska permanent fund, to the Alaska Income Account, and                
to permanent fund dividends; authorizing an advisory vote on the               
Healthy Alaska Plan, a long term financial plan for the state; and             
providing for an effective date."                                              

1999-05-15                     House Journal                      Page 1437
HB 231                                                                       
The report was signed by Representatives Mulder and Therriault, Co-            
chairs, with the following individual recommendations:                         
                                                                               
Do pass (5):  Mulder, Bunde, Austerman, Davis, Williams                        
                                                                               
Do not pass (3):  Moses, Foster, Kohring                                       
                                                                               
No recommendation (3):  Therriault, Davies, Grussendorf                        
                                                                               
The following fiscal note applies to CSHB 231(FIN):                            
                                                                               
Fiscal note, House Finance Committee/Office of the Governor, 5/15/99           
                                                                               
HB 231 is on today's calendar.