CS FOR SENATE BILL NO. 57(FIN)                                                                                                
                                                                                                                                
     "An   Act  making   appropriations,  including   capital                                                                   
     appropriations   and   other    appropriations;   making                                                                   
     reappropriations;  making  appropriations to  capitalize                                                                   
     funds; and providing for an effective date."                                                                               
                                                                                                                                
2:00:08 PM                                                                                                                    
                                                                                                                                
Co-Chair Schrage asked for a motion on the bill.                                                                                
                                                                                                                                
Co-Chair  Foster MOVED  to  REPORT HCS  CSSB  57(FIN) out  of                                                                   
committee with individual recommendations.                                                                                      
                                                                                                                                
Co-Chair  Schrage OBJECTED  for discussion.  He reviewed  the                                                                   
work the committee  had done on the bill. He  elaborated that                                                                   
the  primary changes  to the  bill were  to address  deferred                                                                   
maintenance.  The  committee  added $19  million  for  school                                                                   
major maintenance  grants to  fund the  top nine projects  on                                                                   
the  Department of  Education  and Early  Development  (DEED)                                                                   
major   maintenance  list,   $1.35   million   to  fund   Mt.                                                                   
Edgecomb's  top  deferred maintenance  project,  $10  million                                                                   
for   statewide   deferred  maintenance,   $5   million   for                                                                   
University   of  Alaska   deferred   maintenance,  and   $750                                                                   
thousand   to   Judiciary  for   building   maintenance.   In                                                                   
addition,  the grant amount  for the  Alaska Travel  Industry                                                                   
Association  (ATIA) was  increased by $2.5  million,  and $53                                                                   
million  in receipt authority  for the  University of  Alaska                                                                   
Fairbanks  (UAF). He  noted that  the committee  made a  $730                                                                   
thousand  reduction  in  UGF,  bringing  the  total  to  $161                                                                   
million  in UGF;  a  roughly 45  percent  reduction from  the                                                                   
governor's   request.  There   were  no  additional   Capital                                                                   
Project Submission  and Information System  (CAPSIS) projects                                                                   
added  to the  budget.  Therefore, no  legislators'  projects                                                                   
were   funded  in   recognition   of  that   state's   fiscal                                                                   
challenges.  Lastly,  the most  recent  committee  substitute                                                                   
(CS)  of the  bill  included fiscal  year  25 Capital  Budget                                                                   
items  and two  fiscal notes  for bills  with capital  budget                                                                   
impacts.                                                                                                                        
                                                                                                                                
Co-Chair Schrage WITHDREW the OBJECTION                                                                                         
                                                                                                                                
Representative Johnson OBJECTED.                                                                                                
                                                                                                                                
2:02:55 PM                                                                                                                    
AT EASE                                                                                                                         
                                                                                                                                
2:03:30 PM                                                                                                                    
RECONVENED                                                                                                                      
                                                                                                                                
Representative  Johnson  explained that  she  would  be a  no                                                                   
vote due  to the  inclusion of  a fiscal  note that  included                                                                   
the Hilcorp loophole S corporate tax.                                                                                           
                                                                                                                                
Co-Chair  Schrage noted  that inclusion  of the fiscal  notes                                                                   
did not  imply support  or opposition to  the bills  and were                                                                   
included  in   coordination  with  the  Legislative   Finance                                                                   
Division and were contingent upon passage of the bills.                                                                         
                                                                                                                                
Representative Johnson MAINTAINED the OBJECTION.                                                                                
                                                                                                                                
A roll call vote was taken on the motion.                                                                                       
                                                                                                                                
IN FAVOR: Hannan,   Galvin,    Jimmie,   Josephson,   Foster,                                                                   
Schrage                                                                                                                         
OPPOSED: Stapp, Johnson, Bynum, Tomaszewski                                                                                     
                                                                                                                                
The MOTION PASSED (6/4).                                                                                                        
                                                                                                                                
HCS CSSB 57(FIN)  was REPORTED out of committee  with six "do                                                                   
pass"  recommendations, two  "do  not pass"  recommendations,                                                                   
and two "no recommendation" recommendations.                                                                                    
                                                                                                                                
2:05:06 PM                                                                                                                    
AT EASE                                                                                                                         
                                                                                                                                
2:09:31 PM                                                                                                                    
RECONVENED