SENATE BILL NO. 283 An Act relating to filing, recording, and indexing of documents with or by the Department of Natural Resources; repealing certain filing requirements concerning property involving nonresident aliens; and providing for an effective date. Co-chairman Frank directed that SB 283 be brought on for discussion. NICO BUS, Acting Director, Division of Support Services, Dept. of Natural Resources, came before committee accompanied by SHARON YOUNG, State Recorder, Division of Support Services, Dept. of Natural Resources. Mr. Bus explained that the bill represents an effort to streamline department operations. Due to budget reductions, the department has explored means by which it might improve processes. While much may be done internally to re-engineer the work flow, certain statutes must be modified to gain efficiencies. The department worked with title companies and banks to produce the proposed legislation which will: 1. Streamline the recording process. 2. Reduce requirements documents must meet to be recorded. 3. Allow a broader number of documents to be recorded. 4. Reduce the likelihood that documents will be rejected. 5. Make basic recording requirements specific and easy to understand. With the foregoing changes, the division believes it can process more work and make recording easier for the public. Sharon Young advised that Section 1 relates to mining documents. It streamlines the process and changes the date by which mining records are recorded. The principal thrust of AS 40.170.030 is contained within Section 3, which sets forth basic recording criteria. The proposed bill adds a few sections to existing criteria, but its major function is to resolve some of the ambiguities in current statutes. A further provision of the bill eliminates the classification statute. That statute identifies specific documents eligible for recording. It has been difficult to administer because while 59 documents are identified, "hundreds and perhaps thousands of different types of documents" reach recording offices each year. Provisions within SB 283 would do away with the classification and broaden law so that any document is recordable if specific recording criteria are met. It is estimated that 30 percent of all documents that are now rejected would be recordable. Other provisions of the bill are housekeeping and involve minor word changes that will clarify the recording process in terms of recording criteria and Uniform Commercial Code filings. Brief discussion followed regarding signature requirements for documents. Ms. Young advised that the proposed bill identifies documents that require acknowledgements and would limit acknowledgements to those documents. Senator Sharp MOVED that SB 283 pass from committee with individual recommendations and accompanying fiscal notes. No objection having been raised, SB 283 was REPORTED OUT of committee with a zero fiscal note from the Dept. of Natural Resources. Co-chairman Frank signed the committee report with a "do pass" recommendation. All other committee members signed "no recommendation."