04/13/2012 09:00 AM Senate FINANCE

CS FOR HOUSE BILL NO. 302(FIN) am                                                                                             
                                                                                                                                
     "An  Act requiring  each campus  of  the University  of                                                                    
     Alaska  to apply  to be  included  on the  contribution                                                                    
     list for  contributions from permanent  fund dividends;                                                                    
     requiring a  university to pay  an application  fee for                                                                    
     each campus separately listed  on the contribution list                                                                    
     for  contributions from  permanent fund  dividends; and                                                                    
     repealing  certain  audit   requirements  for  entities                                                                    
     receiving    contributions    from    permanent    fund                                                                    
     dividends."                                                                                                                
                                                                                                                                
9:26:13 AM                                                                                                                    
REPRESENTATIVE PAUL  SEATON, explained  that the  bill would                                                                    
eliminate  the audit  provision from  the Pick,  Click, Give                                                                    
program for Permanent Fund Dividend contributions.                                                                              
                                                                                                                                
9:26:47 AM                                                                                                                    
                                                                                                                                
Co-Chair Stedman discussed the fiscal notes in the packet.                                                                      
                                                                                                                                
9:26:55 AM                                                                                                                    
                                                                                                                                
Co-Chair Hoffman  MOVED to  report CSHB  302(FIN) am  out of                                                                    
committee   with   individual    recommendations   and   the                                                                    
accompanying fiscal  note. There being NO  OBJECTION, it was                                                                    
so ordered.                                                                                                                     
                                                                                                                                
CSHB 302(FIN)  am was REPORTED  out of committee with  a "do                                                                    
pass" recommendation  and with  a previously  published zero                                                                    
fiscal note: FN1(DOR).