Legislature(1995 - 1996)
04/07/1995 01:39 PM Senate JUD
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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
HB 4 PERMANENT FUND DIVIDEND ELIGIBILITY
ROD MOURANT, legislative aide to Representative Kott, stated the
committee requested the following information: the dollar amounts
required to pay people previously denied permanent fund dividends
for the reasons covered in HB 4; and the number of late filers and
cost involved in paying those people. The expenses are as follows:
1994 2,690 applicants @ $983.90 $2,646,691
1993 200 applicants @ 949.46 189,892
1992 25 applicants @ 915.84 22,896
$2,859,479
SENATOR TAYLOR asked if the fiscal impact on the general fund would
remain at $600. MR. MOURANT answered affirmatively.
Number 372
SENATOR ADAMS asked how many spouses are of residents of the
military and how many are married to college students. MR. McGEE,
stated that breakdown is not available, however those two
categories comprise approximately 12,000 applicants which amount to
over 50 percent of the out-of-state applicants. He clarified there
will be no expense to the general fund from CSHB 4 (STA)am, the
administrative cost of $600 will come from permanent fund dividend
funds.
SENATOR GREEN moved CSHB 4 (STA)am out of committee with individual
recommendations. There being no objection, the motion carried.
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