ALASKA STATE LEGISLATURE  HOUSE SPECIAL COMMITTEE ON WAYS AND MEANS  March 27, 2024 5:51 p.m. MEMBERS PRESENT Representative Ben Carpenter, Chair Representative Jamie Allard Representative Tom McKay Representative Kevin McCabe Representative Andrew Gray Representative Cliff Groh MEMBERS ABSENT  Representative Cathy Tilton COMMITTEE CALENDAR  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." - MOVED CSHB 110(W&M) OUT OF COMMITTEE PREVIOUS COMMITTEE ACTION  BILL: HB 110 SHORT TITLE: PERM FUND; XFER DIVIDEND PROG TO APFC SPONSOR(s): REPRESENTATIVE(s) CARPENTER 03/13/23 (H) READ THE FIRST TIME - REFERRALS 03/13/23 (H) W&M, FIN 03/27/23 (H) W&M AT 6:00 PM DAVIS 106 03/27/23 (H) Scheduled but Not Heard 03/29/23 (H) W&M AT 6:00 PM DAVIS 106 03/29/23 (H) Heard & Held 03/29/23 (H) MINUTE(W&M) 04/24/23 (H) W&M AT 6:00 PM DAVIS 106 04/24/23 (H) Heard & Held 04/24/23 (H) MINUTE(W&M) 04/25/23 (H) W&M AT 6:00 PM DAVIS 106 04/25/23 (H) Heard & Held 04/25/23 (H) MINUTE(W&M) 03/06/24 (H) W&M AT 6:00 PM DAVIS 106 03/06/24 (H) Heard & Held 03/06/24 (H) MINUTE(W&M) 03/27/24 (H) W&M AT 6:00 PM DAVIS 106 WITNESS REGISTER No witnesses to record ACTION NARRATIVE 6:02:43 PM CHAIR BEN CARPENTER called the House Special Committee on Ways and Means meeting to order at 5:51 p.m. Representatives Groh, McKay, McCabe, Allard, Gray, and Carpenter were present at the call to order. 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. 6:05:56 PM ADJOURNMENT  There being no further business before the committee, the House Special Committee on Ways and Means meeting was adjourned at [6:06] p.m.