SENATE BILL NO. 25 "An Act relating to the establishment and maintenance of an Internet website providing information on state government financial transactions and specifying the information to be made available on the website." 1:03:20 PM SENATOR BILL WIELECHOWSKI, SPONSOR stated that the bill would create an online searchable website of state expenditures. He stated the state was rated forty-ninth out of the fifty states in terms of public access to the states financial information. He shared that the bill had widespread support and was hopeful that it would quickly move from committee. Co-Chair Stedman MOVED to ADOPT the committee substitute for SB 25, Work Draft 32-LS0217\W (Marx, 2/20/22). Co-Chair Bishop OBJECTED for discussion. 1:04:17 PM ERIN SHINE, STAFF, SENATOR CLICK BISHOP, explained the proposed committee substitute. discussed the Explanation of Changes (copy on file): Page 4, line 30 Page 5, line 9 Rearranges 37.05.215(c)(2) and (3) to clarify the Department of Administration is to be responsible for maintaining the portion of the Alaska Online Checkbook that provides information related to independent contractors and service procurement contracts. Page 5, line 24-25 Clarifies the definition of expenditure does not include salary and wage payments to state employees and benefit payments to a member or former member of a state retirement system. Page 5, line 26-27 Adds new language to clarify that PFD payments would not be included in the Online Checkbook. Page 6, line 6 Changes delayed availability effective date to October 1, 2023 Page 6, line 12 Changes transitional provision effective date to October 1, 2024 Co-Chair Bishop WITHDREW his objection. There being NO OBJECTION, it was so ordered. Senator Wielechowski explained the new fiscal impact note for $250,000 of capital cost. Co-Chair Stedman MOVED to REPORT CSSB 25(FIN) from committee with individual recommendation and attached new fiscal impact note from the Department of Administration. There being NO OBJECTION, it was so ordered. CSSB 25(FIN) was REPORTED out of committee with five "do pass" recommendations and with a new fiscal impact note from the Department of Administration. 1:08:12 PM AT EASE 1:09:19 PM RECONVENED