HB 121-ACCOUNTING; PRACTICE PRIVILEGE                                                                         
                                                                                                                                
3:37:40 PM                                                                                                                    
CHAIR KAWASAKI announced the consideration  of HOUSE BILL NO. 121                                                               
"An Act  relating to  the practice  of accounting;  and providing                                                               
for an effective date."                                                                                                         
                                                                                                                                
[SCS HB 121(STA) adopted in last meeting.]                                                                                      
                                                                                                                                
3:38:05 PM                                                                                                                    
AMANDA NDEMO, Staff, Representative  Calvin Schrage, Alaska State                                                               
Legislature, Juneau,  Alaska, provided  a brief  recap of  HB 121                                                               
and stated  that the legislation  updates the Accountancy  Act by                                                               
lowering  credit   requirements  for  accountants   and  revising                                                               
conservatorship requirements as they apply to CPAs.                                                                             
                                                                                                                                
3:38:47 PM                                                                                                                    
CHAIR KAWASAKI  opened public  testimony on  SCS HB  121; finding                                                               
none, he closed public testimony.                                                                                               
                                                                                                                                
3:39:33 PM                                                                                                                    
CHAIR KAWASAKI solicited the will of the committee.                                                                             
                                                                                                                                
3:39:36 PM                                                                                                                    
SENATOR  BJORKMAN moved  to report  SCS  HB 121,  work order  34-                                                               
LS0382\G,  from  committee  with individual  recommendations  and                                                               
attached fiscal note(s).                                                                                                        
                                                                                                                                
3:40:03 PM                                                                                                                    
CHAIR  KAWASAKI  found  no  objection and  SCS  HB  121(STA)  was                                                               
reported from the Senate State Affairs Standing Committee.