SB 104-MANUFACTURED HOMES AS REAL PROPERTY                                                                       
                                                                                                                                
9:04:38 AM                                                                                                                    
                                                                                                                                
CHAIR JOHNSON  announced that the  first order of  business would                                                               
be  CS  FOR  SENATE  BILL  NO.  104(JUD),  "An  Act  relating  to                                                               
manufactured  homes,  including  manufactured  homes  permanently                                                               
affixed to land, to the  conversion of manufactured homes to real                                                               
property,  to  the  severance of  manufactured  homes  from  real                                                               
property,  to   the  titling,  conveyance,  and   encumbrance  of                                                               
manufactured homes, and to  manufacturers' certificates of origin                                                               
for vehicles; and providing for an effective date."                                                                             
                                                                                                                                
9:04:44 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE OLSON  moved to  adopt HCS  CSSB 104,  Version 27-                                                               
LS0467\T, Bannister, 4/14/12, as the working document.                                                                          
                                                                                                                                
CHAIR JOHNSON objected for discussion purposes.                                                                                 
                                                                                                                                
9:05:07 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE CATHY  MUNOZ, Alaska  State Legislature,  began by                                                               
acknowledging  the presence  of the  sponsor of  SB 104,  Senator                                                               
Hollis French.  She explained  that the language added in Version                                                               
T addresses  the tax  deferral option  to municipalities  for the                                                               
increased value of  property due to its  subdivision.  Currently,                                                               
when a developer subdivides property  and the paperwork is filed,                                                               
the property  assessment is recalculated.   The  recalculation is                                                               
sometimes at a  rate 5-10 times greater  than the pre-application                                                               
amount.    Therefore,  the  language in  Version  T  would  allow                                                               
municipalities  the option  to defer  that additional  tax burden                                                               
for  up  to   10  years  or  when  the  lot   is  sold  or  after                                                               
construction.   This  new language  is included  in the  title as                                                               
well as in  Section 22 on pages  13-14.  Section 32  of Version T                                                               
includes severability language on page 22.                                                                                      
                                                                                                                                
9:06:40 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE  MUNOZ, in  response to  Representative Gruenberg,                                                               
confirmed that the new language in SB  104 is the same as that of                                                               
HB 264, which she sponsored.                                                                                                    
                                                                                                                                
9:08:14 AM                                                                                                                    
                                                                                                                                
CHAIR JOHNSON invited public testimony.                                                                                         
                                                                                                                                
9:08:27 AM                                                                                                                    
                                                                                                                                
SENATOR HOLLIS FRENCH, Alaska State  Legislature, speaking as the                                                               
sponsor  of  SB  104,  related his  agreement  with  the  changes                                                               
encompassed in Version T.                                                                                                       
                                                                                                                                
9:08:59 AM                                                                                                                    
                                                                                                                                
CHAIR JOHNSON,  upon determining no  one else wished  to testify,                                                               
closed public  testimony.  He  then announced that HCS  CSSB 104,                                                               
Version T, was before the committee.                                                                                            
                                                                                                                                
[Chair  Johnson's objection  to  the adoption  of  Version T  was                                                               
treated as withdrawn.]                                                                                                          
                                                                                                                                
9:09:06 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE OLSON  moved to report  HCS CSSB 104,  Version 27-                                                               
LS0467\T, Bannister,  4/14/12, out  of committee  with individual                                                               
recommendations and  the accompanying fiscal notes.   There being                                                               
no  objection, HCS  CSSB  104(RLS) was  reported  from the  House                                                               
Rules Standing Committee.