1999-05-18                     Senate Journal                      Page 1605
HB 231                                                                       
The Finance Committee considered CS FOR HOUSE BILL NO.                         
231(FIN) am 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.        
Signing do pass: Senators Torgerson, Parnell, Cochairs, Senator Pete           
Kelly. Signing amend: Senators Green, Donley. Signing do pass if               
amended: Senator Phillips. Signing no recommendation: Senators                 
Adams, Leman, Wilken.                                                          
                                                                               
                                                                               

1999-05-18                     Senate Journal                      Page 1606
HB 231                                                                       
Fiscal note published today from Office of the Governor.                       
                                                                               
The bill was referred to the Rules Committee.