SENATE BILL NO. 76                                                                                                            
                                                                                                                                
     "An  Act  making supplemental  appropriations,  capital                                                                    
     appropriations,  and   other  appropriations;  amending                                                                    
     appropriations;   repealing    appropriations;   making                                                                    
     appropriations to  capitalize funds; and  providing for                                                                    
     an effective date."                                                                                                        
                                                                                                                                
10:09:56 AM                                                                                                                   
                                                                                                                                
Co-Chair Stedman  MOVED to  ADOPT CSSB  76 (FIN)  Work Draft                                                                    
27-GS1739\T.  Co-Chair  Hoffman   OBJECTED  for  purpose  of                                                                    
discussion.                                                                                                                     
                                                                                                                                
TIM  GRUSSENDORF, STAFF,  SENATOR  LYMAN HOFFMAN,  explained                                                                    
the changes  in the CS. He  noted that the changes  began on                                                                    
Page 10, Item 71.                                                                                                               
                                                                                                                                
10:11:10 AM                                                                                                                   
AT EASE                                                                                                                         
                                                                                                                                
10:22:46 AM                                                                                                                   
RECONVENED                                                                                                                      
                                                                                                                                
Mr.  Grussendorf discussed  "Senate Low  Track Supplemental,                                                                    
April  19, 2011"  (copy on  file). He  pointed out  Page 10,                                                                    
Item  71,  which  included  the   addition  of  funding  for                                                                    
replacement of a negative supplemental.  He pointed out Item                                                                    
72  for  legal  costs  as  requested  by  the  governor.  He                                                                    
continued  with   Item  73,   which  replaced   the  funding                                                                    
requested  by  Department  of  Law   for  $3.8  million.  He                                                                    
continued  with  Page  11 and  another  amendment  from  the                                                                    
governor  for the  Whittier tunnel.  He  addressed Item  75,                                                                    
which  included  an  agreement required  to  cover  Medicaid                                                                    
services for a  total of $32 million.  He mentioned language                                                                    
changes from  the deputy attorney  in the Department  of Law                                                                    
for settlements. He mentioned a  change on Page 12 regarding                                                                    
the  effective  date  of  May 17,  2011.  The  final  change                                                                    
included  worker's compensation  on Item  98. He  noted that                                                                    
all of the fund transfer language was removed.                                                                                  
                                                                                                                                
10:25:48 AM                                                                                                                   
                                                                                                                                
Co-Chair Hoffman  stated that the  fund transfer  items were                                                                    
in the operating budget.                                                                                                        
                                                                                                                                
10:26:00 AM                                                                                                                   
                                                                                                                                
Senator  Olson  asked if  the  fund  transfer changes  would                                                                    
alter the state's savings account.                                                                                              
                                                                                                                                
Mr. Grussendorf  replied that the  deposit of $1  billion in                                                                    
the  Statutory  Budget Reserve  would  be  addressed in  the                                                                    
operating budget.                                                                                                               
                                                                                                                                
10:26:25 AM                                                                                                                   
                                                                                                                                
Co-Chair Hoffman WITHDREW his OBJECTION. There being NO                                                                         
objection CSSB 76(FIN) (27-GS1739\T) was ADOPTED.                                                                               
                                                                                                                                
Co-Chair Stedman MOVED to report CSSB 76(FIN) out of                                                                            
committee   with   individual    recommendations   and   the                                                                    
accompanying fiscal note(s).                                                                                                    
                                                                                                                                
CSSB 76 (FIN) was REPORTED out of committee with a "do                                                                          
pass" recommendation.                                                                                                           
                                                                                                                                
10:27:03 AM                                                                                                                   
RECESSED