04/07/2012 01:30 PM Senate FINANCE

CS FOR HOUSE BILL NO. 250(ENE)                                                                                                
                                                                                                                                
     "An Act relating to the renewable energy grant fund                                                                        
     and recommendation program; and providing for an                                                                           
     effective date."                                                                                                           
                                                                                                                                
2:36:59 PM                                                                                                                    
                                                                                                                                
Co-Chair  Hoffman  MOVED  to  ADOPT  the  proposed  committee                                                                   
substitute  for  HB  250,  Work  Draft  27-LS1060\X  (Nauman,                                                                   
3/29/12) as a working document.                                                                                                 
                                                                                                                                
2:37:10 PM                                                                                                                    
                                                                                                                                
Co-Chair Stedman  OBJECTED for the purpose of  discussion. He                                                                   
explained  that the  new  committee substitute  extended  the                                                                   
sunset date  to 2023 instead  of 2018  and that it  added two                                                                   
more seats on  the advisory committee. One of  the additional                                                                   
members  would be  from the  Senate, while  another would  be                                                                   
from the House.                                                                                                                 
                                                                                                                                
2:37:26 PM                                                                                                                    
                                                                                                                                
Co-Chair  Stedman  REMOVED  his  OBJECTION.  There  being  NO                                                                   
FURTHER OBJECTION, Work Draft 27-LS1060\X was ADOPTED.                                                                          
                                                                                                                                
2:37:34 PM                                                                                                                    
                                                                                                                                
KASEY  SCHROEDER-HOTCH,  STAFF, REPRESENTATIVE  BILL  THOMAS,                                                                   
explained that the legislation  extended the Renewable Energy                                                                   
Grant Fund  for another 10 years  and added two seats  on the                                                                   
Renewable Energy  Advisory Committee. She furthered  that the                                                                   
advisory committee  worked with  the Alaska Energy  Authority                                                                   
to evaluate grant programs for the fund.                                                                                        
                                                                                                                                
2:38:23 PM                                                                                                                    
                                                                                                                                
Co-Chair  Stedman discussed  the  fiscal note  in the  packet                                                                   
from  the  Department  of Commerce,  Community  and  Economic                                                                   
Development in the  amount of $2.155 million  and pointed out                                                                   
that  funding  for  the  note was  already  included  in  the                                                                   
governor's FY 13 operating budget.                                                                                              
                                                                                                                                
2:38:44 PM                                                                                                                    
                                                                                                                                
Co-Chair Hoffman  MOVED to  report SCS  CSHB 250(FIN)  out of                                                                   
committee   with    individual   recommendations    and   the                                                                   
accompanying fiscal  note. There  being NO OBJECTION,  it was                                                                   
so ordered.                                                                                                                     
                                                                                                                                
SCS CSHB  250(FIN) was REPORTED  out of committee with  a "do                                                                   
pass" recommendation  and with a previously  published fiscal                                                                   
impact note: FN2(DCCED).                                                                                                        
                                                                                                                                
2:39:20 PM                                                                                                                    
RECESSED                                                                                                                        
                                                                                                                                
8:58:53 PM                                                                                                                    
RECONVENED