SENATE BILL NO. 37 An Act relating to treatment of permanent fund dividends for purposes of determining eligibility for certain benefits; and providing for an effective date. Co-chairman Halford directed that SB 37 be brought on for discussion. He noted an earlier discrepancy in adoption of a draft CSSB 37 (Fin) and asked that it be clarified. Senator Randy Phillips, sponsor of the legislation, MOVED for adoption of CSSB 37 (Fin) (9-LS0449\G, Cook, 2/17/95) in lieu of adoption of an earlier version dated 2/15/95. No objection having been raised, CSSB 37 (Fin), 2/17/95, was ADOPTED. Senator Phillips explained that the new draft "exempts the PFD and the SSI and APA (adult public assistance) people from this bill." Those 8,000 out of 47,500 individuals receiving welfare benefits will receive both the permanent fund dividend as well as benefits under APA and SSI. All others will have to choose between acceptance of welfare benefits or the permanent fund dividend. Speaking to concern that children will be hurt by the proposed bill, Senator Phillips explained that upon reaching their eighteenth birthday, young people can "go retroactive and collect all the permanent fund dividends from the eighteen years prior." Co-chairman Halford clarified his understanding that under the proposed bill, those receiving adult public assistance and SSI would be exempted. Senator Phillips concurred and advised that that category of individuals is generally receiving welfare benefits because of a disability. Those individuals are least able to help themselves. They will thus receive both their permanent fund dividends and the benefits to which they are entitled under APA and SSI. Co-chairman Frank MOVED to tighten the title of the adopted CSSB 37 (Fin) to reflect changes included therein. No objection having been raised, Co-chairman Halford directed that a restricted title be incorporated within the working document. He then announced that further action on the bill would not be taken at this time. CSSB 37 (Fin) was thus HELD in committee. Senator Zharoff asked which groups of individuals would continue to be impacted by the new draft. Senator Phillips advised of those on AFDC, food stamps, and Medicaid (approximately 39,500 people). Co-chairman Halford voiced his understanding that those receiving welfare benefits because of age or disability would continue to receive the dividend. Senator Phillips concurred.