SB 104-VEHICLES/BOATS: TRANSFER ON DEATH TITLE                                                                     
                                                                                                                                
3:35:51 PM                                                                                                                    
CHAIR  KAWASAKI announced  the consideration  of SENATE  BILL NO.                                                               
104 "An Act relating  to the transfer of a title  on the death of                                                               
the owner; and providing for an effective date."                                                                                
                                                                                                                                
3:36:07 PM                                                                                                                    
JENNA  COLQUHOUN, Staff,  Senator  Scott  Kawasaki, Alaska  State                                                               
Legislature, Juneau,  Alaska, provided  a brief  recap of  SB 104                                                               
and  stated  that the  legislation  builds  on the  Uniform  Real                                                               
Property Transfer  on Death  Act by  extending Transfer  on Death                                                               
(TOD) deeds  to boats and  other DMV-registered vehicles.  SB 104                                                               
aims to  reduce probate costs  for Alaskans, free  probate courts                                                               
to focus on more complex cases,  and expand access to this estate                                                               
planning tool for most residents.                                                                                               
                                                                                                                                
3:36:51 PM                                                                                                                    
CHAIR KAWASAKI opened  public testimony on SB  104; finding none,                                                               
he closed public testimony.                                                                                                     
                                                                                                                                
3:37:06 PM                                                                                                                    
CHAIR KAWASAKI solicited the will of the committee.                                                                             
                                                                                                                                
3:37:09 PM                                                                                                                    
SENATOR BJORKMAN moved to report  SB 104, work order 34-LS0617\A,                                                               
from  committee  with  individual  recommendations  and  attached                                                               
fiscal note(s).                                                                                                                 
                                                                                                                                
3:37:25 PM                                                                                                                    
CHAIR KAWASAKI  found no objection  and SB 104 was  reported from                                                               
the Senate State Affairs Standing Committee.