Legislature(2003 - 2004)

2003-03-28 House Journal

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2003-03-28                     House Journal                      Page 0664
HB 11                                                                                             
The Finance Committee has considered:                                                               
     HOUSE BILL NO. 11                                                                              
     "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 Harris and Williams, Co-                                   
chairs, with the following individual recommendations:                                              
Do pass (7):  Meyer, Hawker, Joule, Whitaker, Foster, Harris,                                       
Do not pass (2):  Croft, Moses                                                                      
No recommendation (1):  Stoltze                                                                     
The following fiscal note(s) apply:                                                                 

2003-03-28                     House Journal                      Page 0665
1.  Zero, Dept. of Revenue                                                                          
2.  Fiscal, Dept. of Revenue                                                                        
3.  Fiscal, Dept. of Revenue                                                                        
HB 11 was referred to the Rules Committee for placement on the