SENATE BILL NO. 171 "An Act relating to the permanent fund dividend of an otherwise qualified individual who dies during the qualifying year; and providing for an effective date." 9:17:22 AM SENATOR KEVIN MEYER, SPONSOR, explained that the legislation provides for the issuance of a permanent fund dividend check to an eligible individual who dies during the qualifying year. The estate of a person who was alive for more than 180 days during the year would be allowed to apply for and receive the dividend, which current law does not allow. He spoke of the experience of constituents. Co-Chair Stedman asked the effective date. Senator Meyer replied January 2010. Co-Chair Stedman clarified that persons who died after July 2009 would qualify. He referred to an experience with a death in his family. Co-Chair Stedman pointed out that the fiscal note was reduced by $572,000 interagency receipts. Co-Chair Hoffman MOVED to report CS SB 171(FIN) out of Committee with individual recommendations and the accompanying fiscal note. There being NO OBJECTION, it was so ordered. CS SB 171(FIN) was REPORTED out of Committee with a "do pass" recommendation and with attached new fiscal note 1 by the Department of Revenue.