Legislature(2025 - 2026)SENATE FINANCE 532

05/14/2025 09:00 AM Senate FINANCE

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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+= HB 16 CAMPAIGN FINANCE;CONTRIBUTION LIMITS;APOC TELECONFERENCED
Moved CSHB 16(STA) Out of Committee
+= SB 132 OMNIBUS INSURANCE BILL TELECONFERENCED
Moved CSSB 132(FIN) Out of Committee
+ HB 31 VESSELS: REGISTRATION/DERELICT FUND TELECONFERENCED
Moved HB 31 Out of Committee
-- Invited & Public Testimony --
+= SB 156 AK COMMERCIAL FISHING & AG BANK; LOANS TELECONFERENCED
Heard & Held
Bills Previously Heard/Scheduled
**Streamed live on AKL.tv**
SENATE BILL NO. 132                                                                                                           
                                                                                                                                
     "An  Act relating  to insurance;  and providing  for an                                                                    
     effective date."                                                                                                           
                                                                                                                                
9:16:20 AM                                                                                                                    
                                                                                                                                
Senator  Kaufman  MOVED  to  ADOPT  the  proposed  committee                                                                    
substitute  for SB  132,  Work  Draft 34-LS0415\T  (Wallace,                                                                    
5/9/25).                                                                                                                        
                                                                                                                                
Co-Chair Hoffman OBJECTED for discussion.                                                                                       
                                                                                                                                
9:16:47 AM                                                                                                                    
                                                                                                                                
LIZ  HARPOLD,  STAFF,  SENATOR DONNY  OLSON,  discussed  the                                                                    
Explanation of Changes (copy on file):                                                                                          
                                                                                                                                
     Section 41:  Repeals AS 21.36.475(b) subsection  (4) to                                                                    
     clean   up   language   around  exceptions   to   owner                                                                    
     controlled   and    contractor   controlled   insurance                                                                    
     programs.                                                                                                                  
     Section 44: Updates the  definition of elected official                                                                    
     to  include  members of  regional  school  board for  a                                                                    
     regional educational attendance area.                                                                                      
     Section  58:  Requires  one-quarter  of  the  governing                                                                    
     board of an HMO to be consumers instead of one member.                                                                     
                                                                                                                                
9:17:54 AM                                                                                                                    
                                                                                                                                
SENATOR  JESSE BJORKMAN,  SPONSOR,  supported the  committee                                                                    
substitute.                                                                                                                     
                                                                                                                                
Co-Chair  Hoffman  REMOVED  his OBJECTION.  There  being  NO                                                                    
OBJECTION, it was so ordered.                                                                                                   
                                                                                                                                
Senator Bjorkman thanked the committee.                                                                                         
                                                                                                                                
Senator Kaufman  MOVED to REPORT  HB 31 from  committee with                                                                    
individual recommendations  and attached fiscal  note. There                                                                    
being NO OBJECTION, it was so ordered.                                                                                          
                                                                                                                                
CSSB 132(FIN) was  REPORTED out of committee  with seven "do                                                                    
pass"  recommendations  and  with one  previously  published                                                                    
fiscal note: FN 1(CED).                                                                                                         
                                                                                                                                
9:19:08 AM                                                                                                                    
AT EASE                                                                                                                         
                                                                                                                                
9:21:04 AM                                                                                                                    
RECONVENED                                                                                                                      
                                                                                                                                

Document Name Date/Time Subjects
HB 16 Amendment 1 Kaufman.pdf SFIN 5/14/2025 9:00:00 AM
HB 16
SB 132 workdraft ver T.pdf SFIN 5/14/2025 9:00:00 AM
SB 132
SB 132 Explanation of Changes ver H to ver T.pdf SFIN 5/14/2025 9:00:00 AM
SB 132
HB 31 Letters of Support Combined 4.16.25.pdf SFIN 5/14/2025 9:00:00 AM
HB 31
HB 31 Research USCG Documentation and Tonnage Brochure 1.19.25.pdf SFIN 5/14/2025 9:00:00 AM
HB 31
HB 31 Research DMV Registration FAQ - CFEC June 2019 1.20.25.pdf SFIN 5/14/2025 9:00:00 AM
HB 31
HB 31 Research CFEC Vessel License Number Plate and Decal 1.26.25.pdf SFIN 5/14/2025 9:00:00 AM
HB 31
HB 31 Research CFEC Public Database 1.20.25.pdf SFIN 5/14/2025 9:00:00 AM
HB 31
HB 31 Research CFEC Vessel License and Permit Forms 4.16.25.pdf SFIN 5/14/2025 9:00:00 AM
HB 31
HB 31 Sectional Analysis version A 3.25.25.pdf SFIN 5/14/2025 9:00:00 AM
HB 31
HB 31 Sponsor Statement version A 3.25.25.pdf SFIN 5/14/2025 9:00:00 AM
HB 31
SB 156 Version H 5.13.25.pdf SFIN 5/14/2025 9:00:00 AM
SB 156
SB 156 Explanation of Changes version I to version H.pdf SFIN 5/14/2025 9:00:00 AM
SB 156