1999-05-16                     Senate Journal                      Page 1508
HB 231                                                                       
CS FOR HOUSE BILL NO. 231(FIN) am BY THE HOUSE                                 
FINANCE COMMITTEE, entitled:                                                   
                                                                               
                                                                               

1999-05-16                     Senate Journal                      Page 1509
HB 231                                                                       
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 a long term                                    
financial plan for the state; and providing for an                             
effective date.                                                                
                                                                               
was read the first time and referred to the Finance Committee.