2024-03-28                     House Journal                      Page 2015
HB 110                                                                                                                        
The House Special Committee on Ways & Means considered:                                                                         
                                                                                                                                
    HOUSE BILL NO. 110                                                                                                          
    "An Act relating to the Alaska permanent fund; relating to                                                                  
    permanent fund dividends and the dividend fund; transferring the                                                            
    dividend program from the Department of Revenue to the Alaska                                                               
    Permanent Fund Corporation; relating to the duties of the                                                                   
    Department of Revenue; relating to the duties of the Alaska                                                                 
    Permanent Fund Corporation; and providing for an effective date."                                                           
                                                                                                                                
and recommends it be replaced with:                                                                                             
                                                                                                                                
    CS FOR HOUSE BILL NO. 110(W&M)                                                                                              
    "An Act relating to the Alaska permanent fund; relating to income                                                           
    of the Alaska permanent fund; relating to the earnings reserve                                                              
    account; relating to the dividend fund; relating to the permanent                                                           
    fund dividend; and providing for an effective date."                                                                        
                                                                                                                                
The report was signed by Representative Carpenter, Chair, with the                                                              
following individual recommendations:                                                                                           
                                                                                                                                
Do pass (3):  McCabe, Allard, Carpenter                                                                                         
                                                                                                                                
No recommendation (3):  Gray, Groh, McKay                                                                                       
                                                                                                                                
The following fiscal note(s) apply to CSHB 110(W&M):                                                                            
                                                                                                                                
1.  Zero, Dept. of Revenue                                                                                                      
2.  Zero, Dept. of Revenue                                                                                                      
                                                                                                                                
HB 110 was referred to the Finance Committee.