HB 227-ALASKA SMALL LOANS ACT                                                                                                 
                                                                                                                                
CHAIR ANDERSON announced  that the only order  of business would                                                                
be HOUSE  BILL NO.  227, "An  Act relating  to the  Alaska Small                                                                
Loans Act; and providing for an effective date."                                                                                
                                                                                                                                
CHAIR ANDERSON  indicated that  the committee packet  includes a                                                                
document listing  the changes  embodied in  Version 24-LS0599\Y,                                                                
Bannister, 3/9/06.  He asked  if the committee had any questions                                                                
in regard to Version Y.                                                                                                         
                                                                                                                                
3:46:44 PM                                                                                                                    
                                                                                                                                
JOSH APPLEBEE,  Staff to  Representative Anderson,  Alaska State                                                                
Legislature,  as the  committee  aide for  the  House Labor  and                                                                
Commerce  Standing Committee,  sponsor,  reminded the  committee                                                                
that during the last hearing on  HB 227 the real estate industry                                                                
expressed  concerns.    [Version  Y]  exempts  the  real  estate                                                                
industry  from this  legislation and  the  two  bills addressing                                                                
mortgage  lenders  and  mortgage brokers  are  being  worked  on                                                                
separately.    In  response  to  Chair  Anderson,  Mr.  Applebee                                                                
confirmed  that  the  real  estate industry  is  satisfied  with                                                                
Version Y.                                                                                                                      
                                                                                                                                
3:47:34 PM                                                                                                                    
                                                                                                                                
CHAIR  ANDERSON moved  to adopt  CSHB 227,  Version 24-LS0599\I,                                                                
Bannister, 3/17/06,  as the  working document.   There  being no                                                                
objection, Version I was before the committee.                                                                                  
                                                                                                                                
3:48:05 PM                                                                                                                    
                                                                                                                                
MR. APPLEBEE, in response to  Chair Anderson, specified that the                                                                
next committee  of referral  for HB 227  is the  House Judiciary                                                                
Standing Committee.                                                                                                             
                                                                                                                                
3:48:19 PM                                                                                                                    
                                                                                                                                
REPRESENTATIVE  KOTT  moved  to report  CSHB  227,  Version  24-                                                                
LS0599\I, Bannister,  3/17/06, out of  committee with individual                                                                
recommendations and the  accompanying fiscal note.   There being                                                                
no objection,  CSHB 227(L&C) was  reported from the  House Labor                                                                
and Commerce Standing Committee.