HB 13 - REGULATION OF ESCROW ACCOUNTS Number 1916 CHAIRMAN ROKEBERG announced the committee would like to take up a motion on HB 13, "An Act relating to the characterization of, use of, segregation of, deposit of, interest on, and disbursement of escrow money; relating to the recording, filing, and delivery of escrow documents; relating to civil penalties for violations of certain escrow provisions by escrow settlement agents; relating to the supervision by the Department of Commerce and Economic Development of escrow settlement agents; authorizing the adoption of regulations to implement certain escrow provisions; and providing for an effective date." Number 1921 REPRESENTATIVE HALCRO made a motion to rescind the committee's action in reporting HB 13 out of committee. There being no objections, it was so ordered. Number 1931 REPRESENTATIVE HALCRO made a motion to bring HB 13 back before the committee. There being no objections, it was so ordered. Number 1945 REPRESENTATIVE MURKOWSKI confirmed the committee was bringing back CSHB 13(L&C), "Version D." Number 1962 REPRESENTATIVE HALCRO made a motion to rescind the committee's action in adopting CSHB 13(L&C), version 1-LS0126\D, Bannister, 1/22/99, as amended by the committee. There being no objections, it was so ordered. Number 1977 CHAIRMAN ROKEBERG called a brief at-ease at 4:13 p.m. The committee came back to order at 4:14 p.m. The chairman noted he believed the committee needed to move to rescind its action on the accompanying fiscal note. Number 1985 REPRESENTATIVE HALCRO made a motion to rescind the fiscal note. There being no objections, it was so ordered. CHAIRMAN ROKEBERG stated he would entertain a motion to bring Version H before the committee. Number 1999 REPRESENTATIVE HALCRO made a motion for the committee to take up the proposed committee substitute (CS) for HB 13, version 1-LS0126\H, Bannister, 1/28/99. There being no objections, Version H was before the committee. CHAIRMAN ROKEBERG indicated it was the chairman's intention to amend the bill. Number 2023 CHAIRMAN ROKEBERG called a brief at-ease at 4:15 p.m. The committee came back to order at 4:19 p.m. Number 2031 REPRESENTATIVE HALCRO moved a series of amendments to the proposed CS. He stated the first amendment was a conceptual change in the bill's title. CHAIRMAN ROKEBERG said, "(Indisc.) to the following amendments." REPRESENTATIVE HALCRO answered in the affirmative. He noted the second amendment was to delete bill sections 34.80.070 and 34.80.080 [on pages 4 and 5]. He noted he would like to change the language in Section 34.80.085 on page 5, line 6, inserting the word "willfully" after "who" and before "violates". Representative Halcro stated in Section 34.80.060, the word "shall" after "department" was to be amended to read "may". CHAIRMAN ROKEBERG asked Ms. Seitz about a further conceptual amendment. Number 2092 JANET SEITZ, Legislative Assistant to Representative Norman Rokeberg, Alaska State Legislature, confirmed the chairman would like her to reinsert the regulation section from Version D [version 1-LS0126\D, Bannister, 1/22/99]. REPRESENTATIVE HALCRO moved that the regulation section from Version D, Section 34.80.080. Regulations ["Sec. 34.80.080. Regulations. The department may adopt regulations under AS 44.62 (Administrative Procedure Act) to implement this chapter."], be inserted into the proposed CS. CHAIRMAN ROKEBERG confirmed with Ms. Seitz that all the amendments had been addressed. Number 2132 CHAIRMAN ROKEBERG asked if there were any questions from the committee. He asked if there were any objections to the series of "conceptual" amendments. There being no objections, the "conceptual" amendments as proposed were adopted. Number 2157 REPRESENTATIVE HALCRO made a motion to move CSHB 13, version LS0126\H, Bannister, 1/20/99, out of committee, as amended, with individual recommendations and attached zero fiscal note. There being no objections, CSHB 13(L&C) moved out of the House Labor and Commerce Standing Committee.