Legislature(2025 - 2026)
05/06/2025 02:05 PM Senate FIN
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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
SENATE FINANCE COMMITTEE
May 6, 2025
2:05 p.m.
2:05:35 PM
CALL TO ORDER
Co-Chair Hoffman called the Senate Finance Committee
meeting to order at 2:05 p.m.
MEMBERS PRESENT
Senator Lyman Hoffman, Co-Chair
Senator Donny Olson, Co-Chair
Senator Bert Stedman, Co-Chair
Senator Mike Cronk
Senator James Kaufman
Senator Jesse Kiehl
Senator Kelly Merrick
MEMBERS ABSENT
None
SUMMARY
PRESENTATION: GOVERNOR'S FY 26 OPERATING AMENDMENTS
GOVERNOR'S FY 26 MENTAL HEALTH AMENDMENTS
Co-Chair Hoffman discussed the agenda, which was to
consider budget amendments. He noted that the only
amendment was for contracts. He relayed that the committee
would stand at ease until 2:15 p.m. or until the arrival of
a representative of the administration.
2:06:29 PM
AT EASE
2:16:10 PM
RECONVENED
Co-Chair Hoffman relayed that the committee had planned to
hear from the Office of Management and Budget (OMB) with
information regarding contracts. He noted that OMB had been
invited to committee [but was not present.] He referenced a
letter from OMB dated May 2, 2025; addressed to the co-
chairs of the House and Senate Finance Committees (copy on
file), which related to amendments to the FY 26 operating
and mental health budgets which reflected the bargaining
agreement reached between the state and the Alaska State
Employees Association. He relayed that the committee would
be sending the amendment to members and having discussions
at [Majority] Caucus.
ADJOURNMENT
2:16:45 PM
The meeting was adjourned at 2:16 p.m.
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