2017-02-13                     House Journal                      Page 0243
HB 118                                                                                                                        
HOUSE BILL NO. 118 by Representative Kawasaki, entitled:                                                                        
                                                                                                                                
     "An Act relating to compensation for wrongful conviction and                                                               
     imprisonment."                                                                                                             
                                                                                                                                
was read the first time and referred to the Health & Social Services,                                                           
Judiciary, and Finance Committees.                                                                                              
                                                                                                                                
HB 119                                                                                                                        
HOUSE BILL NO. 119 by the House Rules Committee by request of                                                                   
the Governor, entitled:                                                                                                         
                                                                                                                                
     "An Act relating to the dividends from the Alaska Industrial                                                               
     Development and Export Authority; relating to the meaning of                                                               
     'mark-to-market fair value,' 'net income,' 'project or development,'                                                       
     and 'unrestricted net income' for purposes of the Alaska Industrial                                                        
     Development and Export Authority; and providing for an effective                                                           
     date."                                                                                                                     
                                                                                                                                
was read the first time and referred to the Labor & Commerce and                                                                
Finance Committees.                                                                                                             
                                                                                                                                
The following fiscal note(s) apply:                                                                                             
                                                                                                                                
1.  Zero, Dept. of Commerce, Community, & Economic Development                                                                  
                                                                                                                                
The Governor's transmittal letter dated February 10 follows:                                                                    
                                                                                                                                
"Dear Speaker Edgmon:                                                                                                           
                                                                                                                                
Under the authority of Article III, Section 18, of the Alaska                                                                   
Constitution, I am transmitting a bill relating to the Alaska Industrial                                                        
Development and Export Authority (AIDEA) annual dividend                                                                        
payments to the State. The bill is intended to clarify or modify                                                                
accounting matters that affect the calculation of AIDEA's dividends.                                                            
The overall intent of the bill is to have AIDEA's dividends better                                                              
reflect the cash-based realized net income of the funds from which                                                              
AIDEA's dividends are paid.