SCSCSHB 370(FIN):   An  Act  making  appropriations for  the                 
                      operating and loan  program expenses  of                 
                      state  government   and  to   capitalize                 
                      funds; making appropriations  under art.                 
                      IX,  sec.  17(c),  Constitution  of  the                 
                      State of Alaska, from the constitutional                 
                      budget reserve fund;  and providing  for                 
                      an effective date.                                       
                                                                               
                      The  committee  rescinded its  action of                 
                      March  20,  1994  and  returned  SCSCSHB                 
                      370(FIN)  to  committee  for  a  further                 
                      amendment.    Amendment  1 was  ADOPTED.                 
                      SCSCSHB  370(FIN)  was  REPORTED out  of                 
                      committee with a "do pass."                              
                                                                               
  Senate CS FOR CS FOR House Bill 370(FIN):                                    
                                                                               
       An Act making appropriations for the operating and loan                 
                                                                               
                                                                               
       program expenses  of state government and to capitalize                 
       funds; making appropriations under art. IX, sec. 17(c),                 
       Constitution  of   the  State   of  Alaska,   from  the                 
       constitutional budget reserve  fund; and providing  for                 
       an effective date.                                                      
                                                                               
  CO-CHAIR PEARCE announced  that SCSCSHB 370(FIN) was  before                 
  the committee.                                                               
                                                                               
  CO-CHAIR FRANK MOVED  to rescind  the committee's action  in                 
  passing out SCSCSHB  370(FIN) for the purposes  of a further                 
  amendment.  No  objection being heard, SCSCSHB  370(FIN) was                 
  again before the committee.                                                  
                                                                               
  Co-chair Frank MOVED amendment  1 regarding senior  citizens                 
  disabled   veterans'   tax  relief   program   and  renter's                 
  equivalency rebate.  He said it  would be funded at $2M, the                 
  same  level  as  last  year.    No  objection  being  heard,                 
  amendment  1  was  ADOPTED for  incorporation  into  SCSCSHB                 
  370(FIN).                                                                    
                                                                               
  Co-chair  Frank  MOVED for  passage  of SCSCSHB  370(FIN) as                 
  amended from committee with individual recommendations.   No                 
  objection  being  heard,  SCSCSHB 370(FIN)  as  amended  was                 
  REPORTED  out  of committee  with  a "do  pass."   Co-chairs                 
  Pearce and Frank,  Senators Kelly,  Rieger and Sharp  signed                 
  "do pass."  Senator Kerttula signed "no recommendation."