SB 78-PERM FUND DIVIDEND CONTRIBUTIONS/LOTTERY                                                                     
                                                                                                                                
8:31:09 AM                                                                                                                    
CHAIR HUGHES announced the consideration of SB 78. She said the                                                                 
intent is to pass the bill out of committee.                                                                                    
                                                                                                                                
8:31:36 AM                                                                                                                    
CHAIR HUGHES opened public testimony on SB 78.                                                                                  
                                                                                                                                
8:31:50 AM                                                                                                                    
PAUL KENDALL,  representing himself,  testified in  opposition to                                                               
SB 78.                                                                                                                          
                                                                                                                                
8:36:12 AM                                                                                                                    
CHAIR HUGHES closed public testimony on SB 78.                                                                                  
                                                                                                                                
8:36:26 AM                                                                                                                    
SENATOR BEGICH  noted the bill says  it's a lottery fund,  but it                                                               
is a  raffle or  a drawing. He  said "lottery"  implies gambling,                                                               
which  will  create  a  backlash. He  suggested  calling  it  the                                                               
"dividend drawing fund."  He asked if the  sponsor has considered                                                               
that.                                                                                                                           
                                                                                                                                
8:37:30 AM                                                                                                                    
SENATOR  CLICK BISHOP,  Alaska State  Legislature, sponsor  of SB                                                               
78, said he has had those discussions.                                                                                          
                                                                                                                                
PETE  FELLMAN,   Staff,  Senator   Click  Bishop,   Alaska  State                                                               
Legislature, answered questions regarding SB  96 on behalf of the                                                               
sponsor. He  commented that  lotteries get  advertised a  lot and                                                               
bring a  lot of  attention. People  get excited  about lotteries,                                                               
not bucket raffles.  They felt the title would  generate talk. He                                                               
offered to take another look at the title.                                                                                      
                                                                                                                                
8:38:55 AM                                                                                                                    
SENATOR BEGICH said  he had a negative reaction  at first because                                                               
lotteries  negatively impact  the poor  and minorities.  However,                                                               
the bill does not do that,  which he discovered after he read it.                                                               
He thought  changing the  title might  be an easy  way to  move a                                                               
great idea to a good conclusion.                                                                                                
                                                                                                                                
8:39:50 AM                                                                                                                    
SENATOR BISHOP said his comments are well taken.                                                                                
                                                                                                                                
CHAIR HUGHES said she also had the same concerns.                                                                               
                                                                                                                                
SENATOR  GIESSEL commented  that she  agrees with  the idea  that                                                               
lottery is associated with gambling.  She provided other examples                                                               
of gambling terms in the bill.                                                                                                  
                                                                                                                                
8:41:19 AM                                                                                                                    
SENATOR COGHILL  moved to report  CS for  SB 78, version  R, from                                                               
committee  with individual  recommendations  and attached  fiscal                                                               
notes.                                                                                                                          
                                                                                                                                
CHAIR HUGHES announced that without objection, CSSB 78(EDC).