04/11/2012 03:30 PM Senate RESOURCES
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ALASKA STATE LEGISLATURE SENATE RESOURCES STANDING COMMITTEE April 11, 2012 3:36 p.m. MEMBERS PRESENT Senator Joe Paskvan, Co-Chair Senator Thomas Wagoner, Co-Chair Senator Bill Wielechowski, Vice Chair Senator Hollis French MEMBERS ABSENT Senator Bert Stedman Senator Lesil McGuire Senator Gary Stevens OTHER LEGISLATORS PRESENT Senator Cathy Giessel COMMITTEE CALENDAR CS FOR HOUSE BILL NO. 118(FIN) "An Act relating to a tax credit for qualified research and development expenditures; and providing for an effective date." - MOVED SCS CSHB 118(RES) OUT OF COMMITTEE PREVIOUS COMMITTEE ACTION BILL: HB 118 SHORT TITLE: RESEARCH AND DEVELOPMENT TAX CREDIT SPONSOR(s): RULES BY REQUEST OF THE GOVERNOR 01/24/11 (H) READ THE FIRST TIME - REFERRALS
01/24/11 (H) L&C, FIN 02/18/11 (H) L&C AT 3:15 PM CAPITOL 106 02/18/11 (H) Heard & Held 02/18/11 (H) MINUTE(L&C) 02/25/11 (H) L&C AT 3:15 PM BARNES 124 02/25/11 (H) Scheduled But Not Heard 03/11/11 (H) L&C AT 3:15 PM BARNES 124 03/11/11 (H) Moved CSHB 118(L&C) Out of Committee 03/11/11 (H) MINUTE(L&C) 03/14/11 (H) L&C RPT CS(L&C) 5DP 1NR 03/14/11 (H) DP: THOMPSON, SADDLER, JOHNSON, MILLER, OLSON 03/14/11 (H) NR: CHENAULT 03/14/11 (H) L&C AT 3:15 PM BARNES 124 03/14/11 (H) <Bill Hearing Canceled> 04/07/11 (H) FIN AT 8:30 AM HOUSE FINANCE 519 04/07/11 (H) Heard & Held 04/07/11 (H) MINUTE(FIN) 04/08/11 (H) FIN AT 9:00 AM HOUSE FINANCE 519 04/08/11 (H) -- MEETING CANCELED -- 02/06/12 (H) FIN AT 1:30 PM HOUSE FINANCE 519 02/06/12 (H) Heard & Held 02/06/12 (H) MINUTE(FIN) 02/13/12 (H) FIN AT 1:30 PM HOUSE FINANCE 519 02/13/12 (H) Moved CSHB 118(FIN) Out of Committee 02/13/12 (H) MINUTE(FIN) 02/15/12 (H) FIN AT 1:30 PM HOUSE FINANCE 519 02/15/12 (H) Moved CSHB 118(FIN) Out of Committee 02/15/12 (H) MINUTE(FIN) 02/17/12 (H) FIN RPT CS(FIN) NT 2DP 4NR 3AM 02/17/12 (H) DP: NEUMAN, COSTELLO 02/17/12 (H) NR: T.WILSON, EDGMON, STOLTZE, THOMAS 02/17/12 (H) AM: GARA, GUTTENBERG, DOOGAN 02/29/12 (H) BEFORE THE HOUSE WITH AM NO 1 PENDING 03/02/12 (H) TRANSMITTED TO (S) 03/02/12 (H) VERSION: CSHB 118(FIN) 03/05/12 (S) READ THE FIRST TIME - REFERRALS 03/05/12 (S) RES, FIN 04/04/12 (S) RES AT 3:30 PM BUTROVICH 205 04/04/12 (S) Scheduled But Not Heard 04/06/12 (S) RES AT 4:30 PM BUTROVICH 205 04/06/12 (S) Scheduled But Not Heard 04/09/12 (S) RES AT 3:30 PM BUTROVICH 205 04/09/12 (S) Heard & Held 04/09/12 (S) MINUTE(RES) 04/10/12 (S) RES AT 3:30 PM BUTROVICH 205 04/10/12 (S) Heard & Held 04/10/12 (S) MINUTE(RES) 04/11/12 (S) RES AT 3:30 PM BUTROVICH 205 WITNESS REGISTER No witnesses ACTION NARRATIVE 3:36:53 PM CO-CHAIR THOMAS WAGONER called the Senate Resources Standing Committee meeting to order at 3:36 p.m. Present at the call to order were Senators Wielechowski, French, Co-Chair Paskvan and Co-Chair Wagoner. HB 118-RESEARCH AND DEVELOPMENT TAX CREDIT 3:37:12 PM CO-CHAIR WAGONER announced consideration of HB 118. He recapped that during the previous hearing he had objected for discussion purposes to the bill itself and to Amendment 1 that Senator Wielechowski offered. Since then he agreed to a friendly amendment to Amendment 1 to change the effective date to 2018 instead of 2015. He asked for a motion. SENATOR WIELECHOWSKI moved to amend Amendment 1 on page 5, line 22 to change the effective date from 2015 to 2018. There were no objections and Amendment 1, as amended, was adopted. CO-CHAIR WAGONER removed his objection to the bill. CO-CHAIR PASKVAN moved to report CSHB 118(FIN), as amended, from committee with individual recommendations and attached fiscal note(s). There were no objections and SCS CSHB(RES) moved from the Senate Resources Standing Committee. 3:39:43 PM Finding no other business to come before the committee, Co-Chair Wagoner adjourned the meeting at 3:39 p.m.