Legislature(1999 - 2000)

1999-05-13 Senate Journal

Full Journal pdf

1999-05-13                     Senate Journal                      Page 1422
HB 96                                                                        
Senator Halford, Chair, moved and asked unanimous consent that the             
Resources Committee referral be waived on 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. Without           
objection, the bill was referred to the Finance Committee.