06/23/2004 03:43 PM House FIN

HOUSE JOINT RESOLUTION NO. 103                                                                                                
                                                                                                                                
     Proposing amendments to the Constitution of the State                                                                      
     of Alaska relating to an appropriation limit.                                                                              
                                                                                                                                
Co-Chair  Williams  noted  that   the  identical  legislation                                                                   
[HJR9]  had come  before  the  Committee during  the  regular                                                                   
session and asked if members would  like to ask questions. No                                                                   
questions were asked.                                                                                                           
                                                                                                                                
Representative  Foster  MOVED   to  report  HJR  103  out  of                                                                   
Committee  with  individual  recommendations   and  with  the                                                                   
accompanying fiscal note.                                                                                                       
                                                                                                                                
Representative Croft OBJECTED.  He felt that a spending limit                                                                   
would be a major  mistake. He spoke in support  of a tax cap.                                                                   
"The best  spending cap  is not  letting government  get into                                                                   
the  dividend."   He  observed   that  future  growth   could                                                                   
necessitate additional  state spending and concluded  that it                                                                   
would be inappropriate to constraint future legislatures.                                                                       
                                                                                                                                
Representative Stoltze spoke in support of the legislation.                                                                     
                                                                                                                                
A roll call vote was taken on the motion.                                                                                       
                                                                                                                                
IN FAVOR: Chenault, Foster, Hawker,  Meyer, Stoltze, Williams                                                                   
OPPOSED: Croft, Fate, Joule                                                                                                     
                                                                                                                                
Co-Chair Harris and Moses were absent from the vote.                                                                            
                                                                                                                                
The MOTION PASSED (6-3).                                                                                                        
                                                                                                                                
HJR  103   was  reported   out  of   Committee  with   a  "no                                                                   
recommendation"  and a fiscal  impact note  by the  Office of                                                                   
the Lieutenant Governor.