9:18:04 AM CS FOR HOUSE BILL NO. 16(RLS) "An Act relating to funding for school districts operating secondary school boarding programs, to funding for school districts from which boarding students come, and to the effectiveness of district secondary school boarding programs; and providing for an effective date." This was the second hearing for this bill in the Senate Finance Committee. REPRESENTATIVE JOHN COGHILL, sponsor of the bill, testified to the success of students attending boarding schools in Alaska. 9:19:20 AM Co-Chair Wilken recognized the efforts undertaken in adopting regulations to implement this legislation. However, if the completed regulations were "significantly altered" from what was agreed upon during deliberations on this bill, the new statutes would be reconsidered the next legislative session. He did not support the State Board of Education changing the regulations without involvement of the legislature. He has discussed this with Representative Coghill and did not anticipate any difficulty. 9:20:08 AM Senator Olson shared that boarding school enabled him to continue his education and realize professional success. Extended separation from his family was not easy but was worth the results. 9:21:04 AM Co-Chair Wilken asked if a new fiscal note would be forthcoming to exclude Lower Kuskokwim. Co-Chair Green indicated the revised fiscal note would be prepared that would reflect an amount reduction to $1.79 million from $1.255 million. 9:22:09 AM Co-Chair Wilken offered a motion to report SCS CS HB 16, 24- LS0125\C, from Committee with individual recommendations and new fiscal note. Without objection SCS CS HB 16 (FIN) was MOVED from Committee with a new fiscal note dated 5/2/06 in the amount of $1,079,000 from the Department of Education and Early Development. [NOTE: A corrected fiscal note dated 5/6/06 in the amount of $1,254,900 was received from the Department of Education and Early Development and was submitted to the Senate Secretary to be reflected as accompanying this bill as reported from Committee.] AT EASE 9:22:24 AM