HB 110-PERM FUND; XFER DIVIDEND PROG TO APFC                                                                      
                                                                                                                                
6:03:26 PM                                                                                                                    
                                                                                                                                
CHAIR CARPENTER announced  that the only order  of business would                                                               
be HOUSE BILL  NO. 110, "An Act relating to  the Alaska permanent                                                               
fund;  relating  to permanent  fund  dividends  and the  dividend                                                               
fund; transferring  the dividend  program from the  Department of                                                               
Revenue  to the  Alaska Permanent  Fund Corporation;  relating to                                                               
the duties of  the Department of Revenue; relating  to the duties                                                               
of the  Alaska Permanent Fund  Corporation; and providing  for an                                                               
effective date."   [Before  the committee,  adopted as  a working                                                               
document on  3/6/24, was the  proposed committee  substitute (CS)                                                               
for HB 110, Version 33-LS0371\H, Nauman, 3/7/24 ("Version H").]                                                                 
                                                                                                                                
CHAIR  CARPENTER gave  a  synopsis of  the  provisions under  the                                                               
proposed legislation.                                                                                                           
                                                                                                                                
6:04:49 PM                                                                                                                    
                                                                                                                                
REPRESENTATIVE GROH  acknowledged that HB  110 would be  one part                                                               
of  a fiscal  solution, and  he said  he appreciated  the efforts                                                               
related to the bill.                                                                                                            
                                                                                                                                
6:05:23 PM                                                                                                                    
                                                                                                                                
REPRESENTATIVE  MCCABE  moved to  report  CSHB  110, Version  33-                                                               
LS0371\H,  Nauman,  3/6/24,  out  of  committee  with  individual                                                               
recommendations and  the accompanying fiscal notes.   There being                                                               
no  objection,  CSHB  110(W&M)  was reported  out  of  the  House                                                               
Special Committee on Ways and Means.