CS FOR SENATE BILL NO. 53(FIN) An Act making and amending appropriations, including capital appropriations, supplemental appropriations, and appropriations to capitalize funds; ratifying certain expenditures; and providing for an effective date. Co-Chair Meyer stated that the Senate version of the capital budget had been received in Committee. He advised that the House Finance Committee version preparation would be prepared by late evening. FRED FISHER, STAFF, SENATOR BURT STEADMAN, spoke to the CS SB 53(FIN)\N version outline. · Sections 1-6 are capital projects and grants · Section 7 is the FY08 operating line for the monetary terms of the collective bargaining agreements · Sections 10-24 indicates FY07 supplemental appropriations · Sections 25-31 provides the language sections pertaining to the FY08 capital appropriations · Sections 32-45(a) indicates reappropriation items · Section 45(b) provides an FY08 operating item · Section 46 indicates a reappropriation item · Section 47 is a supplemental appropriation item · Sections 48 & 49 are reappropriations · Section 51 is a reappropriation item · Sections 52 & 53 are appropriations to the remaining FY07 surplus to the Constitutional Budget Reserve (CBR) & the Alaska Housing Finance Corporation (AHFC) components 5:12:52 PM Mr. Fisher noted the total capital budget grants from General Fund sources are $458.6 million dollars, of which $240.6 million were Governor request items; $218 million SFC additions including Railbelt Energy and National Petroleum Reserve-Alaska (NPR-A) impact grants, totaling an additional $85 million dollars. 5:14:32 PM CS SB (FIN) was HELD in Committee for further consideration. 5:15:26 PM Representative Gara inquired about the outstanding bills remaining in Committee.