HB 322-AK MARINE HWY SYSTEM VESSEL REPL. FUND  1:30:07 PM CHAIR HOPKINS announced that the next order of business would be HB 322, "An Act relating to the Alaska marine highway system fund; relating to the Alaska marine highway system vessel replacement fund; relating to the Alaska higher education investment fund; and providing for an effective date." 1:30:43 PM REPRESENTATIVE HANNAN moved to adopt the proposed committee substitute (CS) for HB 322, labeled 32-LS1501\B, Marx, 2/23/22, as a working document. Without objection, Version B was before the committee. 1:31:09 PM KERRY CROCKER, Staff, Representative Louise Stutes, Alaska State Legislature, on behalf of Representative Stutes, prime sponsor of HB 322, stated that Version B would create two funds: the Alaska Marine Highway System (AHMS) fund and a vessel replacement fund. Those funds would be exempt from the constitutional sweep, protecting them from use in appropriations. He said that AMHS is a critical part of Alaska infrastructure that should not be subject to appropriation changes. 1:32:40 PM REPRESENTATIVE MCCABE asked whether there is legal analysis on the bill. MR. CROCKER said he would acquire it. REPRESENTATIVE MCCABE expressed his concern that the fund would go against the Constitution of the State of Alaska. 1:33:52 PM CHAIR HOPKINS announced HB 322 was held over.