Legislature(1999 - 2000)
01/29/1999 03:25 PM House L&C
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* first hearing in first committee of referral
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= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
HB 13 - REGULATION OF ESCROW ACCOUNTS
Number 1916
CHAIRMAN ROKEBERG announced the committee would like to take up a
motion on HB 13, "An Act relating to the characterization of, use
of, segregation of, deposit of, interest on, and disbursement of
escrow money; relating to the recording, filing, and delivery of
escrow documents; relating to civil penalties for violations of
certain escrow provisions by escrow settlement agents; relating to
the supervision by the Department of Commerce and Economic
Development of escrow settlement agents; authorizing the adoption
of regulations to implement certain escrow provisions; and
providing for an effective date."
Number 1921
REPRESENTATIVE HALCRO made a motion to rescind the committee's
action in reporting HB 13 out of committee. There being no
objections, it was so ordered.
Number 1931
REPRESENTATIVE HALCRO made a motion to bring HB 13 back before the
committee. There being no objections, it was so ordered.
Number 1945
REPRESENTATIVE MURKOWSKI confirmed the committee was bringing back
CSHB 13(L&C), "Version D."
Number 1962
REPRESENTATIVE HALCRO made a motion to rescind the committee's
action in adopting CSHB 13(L&C), version 1-LS0126\D, Bannister,
1/22/99, as amended by the committee. There being no objections,
it was so ordered.
Number 1977
CHAIRMAN ROKEBERG called a brief at-ease at 4:13 p.m. The
committee came back to order at 4:14 p.m. The chairman noted he
believed the committee needed to move to rescind its action on the
accompanying fiscal note.
Number 1985
REPRESENTATIVE HALCRO made a motion to rescind the fiscal note.
There being no objections, it was so ordered.
CHAIRMAN ROKEBERG stated he would entertain a motion to bring
Version H before the committee.
Number 1999
REPRESENTATIVE HALCRO made a motion for the committee to take up
the proposed committee substitute (CS) for HB 13, version
1-LS0126\H, Bannister, 1/28/99. There being no objections, Version
H was before the committee.
CHAIRMAN ROKEBERG indicated it was the chairman's intention to
amend the bill.
Number 2023
CHAIRMAN ROKEBERG called a brief at-ease at 4:15 p.m. The
committee came back to order at 4:19 p.m.
Number 2031
REPRESENTATIVE HALCRO moved a series of amendments to the proposed
CS. He stated the first amendment was a conceptual change in the
bill's title.
CHAIRMAN ROKEBERG said, "(Indisc.) to the following amendments."
REPRESENTATIVE HALCRO answered in the affirmative. He noted the
second amendment was to delete bill sections 34.80.070 and
34.80.080 [on pages 4 and 5]. He noted he would like to change the
language in Section 34.80.085 on page 5, line 6, inserting the word
"willfully" after "who" and before "violates". Representative
Halcro stated in Section 34.80.060, the word "shall" after
"department" was to be amended to read "may".
CHAIRMAN ROKEBERG asked Ms. Seitz about a further conceptual
amendment.
Number 2092
JANET SEITZ, Legislative Assistant to Representative Norman
Rokeberg, Alaska State Legislature, confirmed the chairman would
like her to reinsert the regulation section from Version D [version
1-LS0126\D, Bannister, 1/22/99].
REPRESENTATIVE HALCRO moved that the regulation section from
Version D, Section 34.80.080. Regulations ["Sec. 34.80.080.
Regulations. The department may adopt regulations under AS 44.62
(Administrative Procedure Act) to implement this chapter."], be
inserted into the proposed CS.
CHAIRMAN ROKEBERG confirmed with Ms. Seitz that all the amendments
had been addressed.
Number 2132
CHAIRMAN ROKEBERG asked if there were any questions from the
committee. He asked if there were any objections to the series of
"conceptual" amendments. There being no objections, the
"conceptual" amendments as proposed were adopted.
Number 2157
REPRESENTATIVE HALCRO made a motion to move CSHB 13, version
LS0126\H, Bannister, 1/20/99, out of committee, as amended, with
individual recommendations and attached zero fiscal note. There
being no objections, CSHB 13(L&C) moved out of the House Labor and
Commerce Standing Committee.
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