05/03/2006 09:41 AM House RLS

HB  13-SCHOOL CONSTRUCTION BOND REIMBURSEMENT                                                                                 
                                                                                                                                
9:41:20 AM                                                                                                                    
                                                                                                                                
CHAIR ROKEBERG announced  that the first order  of business would                                                               
be  HOUSE BILL  NO.  13,  "An Act  relating  to reimbursement  of                                                               
municipal  bonds for  school construction;  and providing  for an                                                               
effective date."   [Before the committee is CSHB  13, Version 24-                                                               
LS0062\N, Mischel, 4/20/06.]                                                                                                    
                                                                                                                                
9:41:26 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE MCGUIRE  moved that the committee  adopt Amendment                                                               
1, which read:                                                                                                                  
                                                                                                                                
     Page 6, line 11:                                                                                                           
          Following "approved by the commissioner,"                                                                           
               Delete "60"                                                                                                    
               Insert "70"                                                                                                    
                                                                                                                                
     Page 6, line 18:                                                                                                           
          Following "of this section,"                                                                                          
               Delete "40"                                                                                                    
               Insert "60"                                                                                                    
                                                                                                                                
CHAIR ROKEBERG objected for discussion purposes.                                                                                
                                                                                                                                
REPRESENTATIVE  MCGUIRE recalled  that in  earlier meetings  this                                                               
committee   recognized   the   legislation  included   a   slight                                                               
deficiency that  Amendment 1  would address.   She  expressed her                                                               
hope that  Amendment 1  would allow schools  in growing  areas to                                                               
take advantage of the reimbursement specified.                                                                                  
                                                                                                                                
CHAIR ROKEBERG pointed  out that [Version N] doesn't  have a cap,                                                               
but rather  has a sunset.   He  then informed the  committee that                                                               
the administration [approves of Version N].                                                                                     
                                                                                                                                
9:43:18 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE  HARRIS noted  his  appreciation to  those in  the                                                               
Matanuska-Susitna Valley who voted in  support of the bonding for                                                               
the construction and repair of schools.                                                                                         
                                                                                                                                
CHAIR  ROKEBERG mentioned  that  the  Anchorage legislators  have                                                               
sent a letter to the  Municipality of Anchorage and the Anchorage                                                               
School  Board recommending  a new  election to  access the  funds                                                               
[this legislation would provide].                                                                                               
                                                                                                                                
9:43:59 AM                                                                                                                    
                                                                                                                                
CHAIR ROKEBERG  removed his  objection.   There being  no further                                                               
objection,  Amendment  1  was  adopted.   He  then  informed  the                                                               
committee that there  will be an amendment on the  House floor to                                                               
add  significant dollars.   As  the legislation  currently stands                                                               
[its total  fiscal impact  will be] $96  million and  specifies a                                                               
base student  allocation (BSA) of  $5,380.  He mentioned  that he                                                               
is looking  forward to further  amendments on the House  floor to                                                               
reflect the agreements made between the House and the Senate.                                                                   
                                                                                                                                
9:45:04 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE  MCGUIRE  moved to  report  CSHB  13, Version  24-                                                               
LS0062\N,  Mischel, 4/20/06,  as amended,  out of  committee with                                                               
individual recommendations  and the accompanying  and forthcoming                                                               
fiscal  notes.    There  being no  objection,  CSHB  13(RLS)  was                                                               
reported from the House Rules Standing Committee.