2005-04-25                     House Journal                      Page 1255
HB 187                                                                                            
The Finance Committee has considered:                                                               
                                                                                                    
    HOUSE BILL NO. 187                                                                              
    "An Act establishing the Alaska capital income account within the                               
    Alaska permanent fund; relating to deposits into the account;                                   
    relating to certain transfers regarding the Amerada Hess                                        
    settlement to offset the effects of inflation on the Alaska                                     
    permanent fund; and providing for an effective date."                                           
                                                                                                    
and recommends it be replaced with:                                                                 
                                                                                                    
    CS FOR HOUSE BILL NO. 187(FIN)                                                                  
    "An Act relating to money deposited into the Alaska permanent                                   
    fund as a result of the settlement of State v. Amerada Hess;                                    
    relating to the Alaska capital income fund and to deposits of                                   
    income from State v. Amerada Hess settlement money into the                                     
    Alaska capital income fund; and providing for an effective date."                               
                                                                                                    
The report was signed by Representatives Meyer and Chenault, Co-                                    
chairs, with the following individual recommendations:                                              
                                                                                                    
Do pass (2):  Foster, Meyer                                                                         
                                                                                                    
No recommendation (6):  Hawker, Joule, Moses, Holm, Kelly,                                          
Chenault                                                                                            
                                                                                                    
The following fiscal note(s) apply to CSHB 187(FIN):                                                
                                                                                                    
1.  Zero, Dept. of Revenue                                                                          
                                                                                                    
HB 187 was referred to the Rules Committee for placement on the                                     
calendar.