05/06/2001 11:34 AM House FIN

SENATE BILL NO. 193                                                                                                           
                                                                                                                                
     "An Act relating to a study of the economic and social                                                                     
     effects of the permanent fund dividend on the state."                                                                      
                                                                                                                                
CHRIS KNAUSS,  STAFF, SENATOR  KELLY testified in  support of                                                                   
the  legislation  and  stated   that  he  was  available  for                                                                   
questions.                                                                                                                      
                                                                                                                                
Representative  Davies questioned  how the information  would                                                                   
be  used. Mr.  Knass  responded  that the  information  would                                                                   
provide building blocks.                                                                                                        
                                                                                                                                
Representative  Davies  questioned  if there  is  expectation                                                                   
that the  court would allow  a two-year residency.  Mr. Knass                                                                   
noted that there  is not an expectation that  the court would                                                                   
allow  a  two-year  residency.  The  intent  is  to  see  how                                                                   
dependent people  who move  to the state  of Alaska  are upon                                                                   
state services, particularly the permanent fund dividend.                                                                       
                                                                                                                                
Representative   Croft   questioned   if  the   court   would                                                                   
reconsider a two-year  residency if it could  be demonstrated                                                                   
that  the permanent  fund dividend  was a  magnet. Mr.  Knass                                                                   
affirmed. Vice-Chair  Bunde felt that  the chances of  a two-                                                                   
year residency requirement would be slim.                                                                                       
                                                                                                                                
Representative Hudson  MOVED to report CSSB 193  (FIN) out of                                                                   
Committee with the accompanying fiscal note.                                                                                    
                                                                                                                                
CSSB  193  (FIN)  was REPORTED  out  of  Committee  with  "no                                                                   
recommendation" and  a previously published fiscal  note (#1)                                                                   
by the Legislative Affairs Agency.