03/23/1998 03:57 PM Senate RES

                                                                               
               SB 341 - AGRICULTURAL LAND BILL FIX                             
                                                                               
CHAIRMAN HALFORD called the Senate Resources Committee meeting to              
order at 3:37 p.m. and announced SB 341 to be up for consideration.            
                                                                               
MS. JANEY WINEINGER, Aide to Senator Green, sponsor, said SB 341               
attempts to correct a small glitch that was created in SB 109,                 
Section 14(b) which listed tracts 1 -19 at Pt. Mackenzie and 21 -              
30.  This bill attempts to remove 30, ending it at 29.  Tract 30               
was assigned to the Borough through the Municipal Entitlement Act.             
At this time, the Borough retains the development rights and the               
State retains the agriculture rights.  The key is what's fee                   
simple.  The Revolving Loan fund later acquired the agriculture                
rights in Tract 30 by foreclosure of its lien when the farmer had              
secured the agriculture rights.  Tract 30 is the only parcel                   
designated that has a split title.  The Mat-Su Borough requested               
this with concurrence from the State.  She said no one opposes this            
bill.                                                                          
                                                                               
SENATOR TAYLOR moved to pass SB 341 from Committee with individual             
recommendations with the accompanying fiscal note.  There were no              
objections and it was so ordered.