05/01/2003 09:01 AM Senate FIN

                                                                                                                                
     SENATE BILL NO. 148                                                                                                        
     "An Act relating  to allowable absences for certain  members of                                                            
     the armed forces and  their spouses and dependents for purposes                                                            
     of eligibility for  permanent fund dividends; and providing for                                                            
     an effective date."                                                                                                        
                                                                                                                                
                                                                                                                                
This was  the second  hearing for  this bill in  the Senate  Finance                                                            
Committee.                                                                                                                      
                                                                                                                                
Co-Chair Wilken  reminded the Committee  that this bill would  amend                                                            
"State  statutes governing  allowable  absences  for Permanent  Fund                                                            
dividends" for individuals serving in the US armed forces.                                                                      
                                                                                                                                
MARK  RILEY, Staff  to Senator  John  Cowdery, the  bill's  sponsor,                                                            
informed the Committee that he is available to answer questions.                                                                
                                                                                                                                
Senator  B. Stevens  moved to report  the bill  from Committee  with                                                            
individual recommendations and accompanying fiscal note.                                                                        
                                                                                                                                
Without objection, SB 148  was REPORTED from Committee with previous                                                            
fiscal note #1 from the Department of Revenue.