Legislature(2005 - 2006)
05/04/2005 04:52 PM House FIN
| Audio | Topic |
|---|---|
| SB155 | |
| HB280 | |
| HB243 | |
| SB110 | |
| Adjourn | |
| Start | |
| HB280 | |
| HB283 | |
| SB158 | |
| SB155 |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
CS FOR SENATE BILL NO. 155(FIN)
"An Act making appropriations from the earnings reserve
account for construction of an integrated science
complex at the University of Alaska in Anchorage, for
replacement of the virology laboratory in Fairbanks,
for expansion of the Anchorage Museum of History and
Art, for the major maintenance grant fund, and for
other capital projects related to education; and
providing for an effective date."
Co-Chair Meyer presented the Committee with work draft for
SB 155, labeled 24-LS0687\U, Kurtz, 5/4/05. He noted the
biggest change was a fund source change from permanent fund
earnings were changed to general funds.
SUZANNE CUNNINGHAM, STAFF, CO-CHAIR MEYER, reviewed the
changes in the proposed work draft. She clarified that all
of the funding sources were changed from permanent fund
earnings to general funds.
6:18:02 PM
She observed that projects in section 3 were reduced to
reflect a 70/30 percent split, or 2 percent for REAA's. This
change reduced the overall cost of the projects previously
contained in the legislation by $19,447,972 using the
capital matching grant formula. She noted that $57 million
in new projects were added to section 3. An additional $10
million was added in section 5 to the University of Alaska
Fairbanks' fisheries and ocean facility at Lena Point.
Section 6 was amended from $5 to $15 million for the
Anchorage Museum of History and Art expansion.
6:19:16 PM
Vice-Chair Stoltze asked if it would require a title change.
Ms. Cunningham agreed that a title change was in order.
6:19:29 PM
Representative Hawker MOVED to ADOPT the work draft for SB
155, labeled 24-LS0687\U, Kurtz, 5/4/05.
Representative Holm OBJECTED. He felt it would be
appropriate to further review the legislation.
Representative Hawker acknowledged the desire to have more
time, but pointed out the late date [in the legislative
session].
6:21:15 PM
At ease
6:25:50 PM
Ms. Cunningham observed that the two largest elements in SB
155 were in section 2, which is the major maintenance list,
and section 3, which contains new construction. The
Department of Education and Early Development establish the
major maintenance list. The intent was to equal out projects
awarded to each district.
6:27:31 PM
Representative Holm WITHDREW his objection.
Representative Hawker noted there was an earnings reserve
funding which he preferred.
6:28:18 PM
Representative Hawker MOVED to report HCSSB 155 (FIN) out of
Committee with individual recommendations. There being NO
OBJECTION, it was so ordered.
HCSSB 155 (FIN) was REPORTED out of Committee with a "do
pass" recommendation.
Co-Chair Meyer announced that the Committee would Recess
until 8:30 AM, May 5, 2005.
Representative Hawker asked the committee to move HB 280.
Representative Holm objected to that motion, saying he has
an amendment. Co-Chair Meyer said there would be time in the
morning.
The meeting was recessed at 6:31 PM until 8:30 AM on May 5,
2005.
8:48:57 AM
Co-Chair Chenault resumed the meeting.
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