Legislature(1997 - 1998)
04/28/1997 08:32 AM House JUD
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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
HOUSE JUDICIARY STANDING COMMITTEE April 28, 1997 8:32 a.m. MEMBERS PRESENT Representative Joe Green, Chairman Representative Con Bunde, Vice Chairman Representative Brian Porter Representative Norman Rokeberg Representative Jeannette James Representative Ethan Berkowitz MEMBERS ABSENT Representative Eric Croft COMMITTEE CALENDAR HOUSE JOINT RESOLUTION NO. 25 Proposing amendments to the Constitution of the State of Alaska to guarantee the permanent fund dividend, to provide for inflation-proofing, and to require a vote of the people before spending undistributed income from the earnings reserve of the permanent fund; and relating to the permanent fund. - HEARD AND HELD (* First public hearing) PREVIOUS ACTION BILL: HJR 25 SHORT TITLE: CONST. AM: PERM. FUND INCOME & DIVIDEND SPONSOR(S): REPRESENTATIVE(S) AUSTERMAN JRN-DATE JRN-PG ACTION 02/26/97 483 (H) READ THE FIRST TIME - REFERRAL(S) 02/26/97 483 (H) STATE AFFAIRS, JUDICIARY, FINANCE 03/11/97 (H) STA AT 8:00 AM CAPITOL 102 03/11/97 (H) MINUTE(STA) 03/13/97 (H) STA AT 8:00 AM CAPITOL 102 03/13/97 (H) MINUTE(STA) 03/15/97 (H) STA AT 11:00 AM CAPITOL 102 03/15/97 (H) MINUTE(STA) 03/17/97 688 (H) STA RPT CS(STA) 3DP 4NR 03/17/97 689 (H) DP: JAMES, HODGINS, DYSON 03/17/97 689 (H) NR: ELTON, BERKOWITZ, VEZEY, IVAN 03/17/97 689 (H) FISCAL NOTE (GOV) 03/17/97 689 (H) ZERO FISCAL NOTE (REV) 03/17/97 689 (H) REFERRED TO JUDICIARY 03/21/97 789 (H) CORRECTED STA CS SUBMITTED 04/21/97 (H) JUD AT 1:45 PM CAPITOL 120 04/21/97 (H) MINUTE(JUD) 04/23/97 (H) JUD AT 1:00 PM CAPITOL 120 04/23/97 (H) MINUTE(JUD) WITNESS REGISTER There is no record of who spoke during the executive session. See body of minutes for list of those in attendance. ACTION NARRATIVE TAPE 97-67, SIDE A Number 0001 CHAIRMAN JOE GREEN called the House Judiciary Standing Committee meeting to order at 8:32 a.m. Members present at the call to order were Representatives Green, Porter, Rokeberg and Berkowitz. Representatives Bunde and James arrived shortly thereafter. HJR 25 - CONST. AM: PERM. FUND INCOME & DIVIDEND CHAIRMAN GREEN announced the committee would meet in executive session to hear House Joint Resolution No. 25, proposing amendments to the Constitution of the State of Alaska to guarantee the permanent fund dividend, to provide for inflation-proofing, and to require a vote of the people before spending undistributed income from the earnings reserve of the permanent fund; and relating to the permanent fund. CHAIRMAN GREEN advised members that the executive session was for the purpose of reviewing potential tax consequences associated with modifying the procedure by which permanent fund dividends are paid and inflation-proofing is accomplished. REPRESENTATIVE BRIAN PORTER made a motion to go into executive session. There being no objection, the committee went into executive session at 8:33 a.m. CHAIRMAN GREEN, following the executive session, reported that he had gaveled out at 9:47 a.m. CHAIRMAN GREEN listed those who had attended, noting that not everyone was present the entire time. In addition to committee members, present from the legislature were Representative Alan Austerman, sponsor of HJR 25; Tamara Cook, Director, Legislative Legal and Research Services, Legislative Affairs Agency; and Lisa Kirsch, committee aide for the House Judiciary Standing Committee. In attendance from the Alaska Permanent Fund Corporation were Byron I. Mallott, Executive Director; Peter A. Bushre, Chief Financial Officer; Jim Kelly, Director of Communications; and Ronald W. Lorensen of Simpson, Tillinghast, Sorensen and Lorensen, legal counsel. ADJOURNMENT Number 0164 CHAIRMAN GREEN adjourned the House Judiciary Standing Committee meeting at 9:50 a.m.
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