9:36:11 AM                                                                                                                    
                                                                                                                                
CHAIR THOMAS announced  that the only order of  business would be                                                               
HOUSE  BILL NO.  104,  "An Act  renaming  the Alaska  performance                                                               
scholarship  and  relating to  the  scholarship  and tax  credits                                                               
applicable to contributions to  the scholarship; establishing the                                                               
Alaska  performance scholarship  investment fund  and the  Alaska                                                               
performance  scholarship award  fund and  relating to  the funds;                                                               
making  conforming amendments;  and  providing  for an  effective                                                               
date."                                                                                                                          
                                                                                                                                
9:36:29 AM                                                                                                                    
                                                                                                                                
CHAIR  THOMAS reviewed  the  rules and  process  to be  followed,                                                               
during the  conference committee  deliberations, and  requested a                                                               
motion.                                                                                                                         
                                                                                                                                
9:37:01 AM                                                                                                                    
                                                                                                                                
SENATOR  HOFFMAN moved  that  the committee  adopt  SCS CSHB  104                                                               
(FIN),  Version 27-GH1893\S,  as the  working document.   Without                                                               
objection senate Version S was before the committee.                                                                            
                                                                                                                                
9:37:37 AM                                                                                                                    
                                                                                                                                
SENATOR HOFFMAN  moved that the committee  request limited powers                                                               
of conference,  from the presiding  officers.   Without objection                                                               
so ordered.                                                                                                                     
                                                                                                                                
CHAIR THOMAS drew attention to  a letter in the committee packet,                                                               
dated  April 15,  2012,  addressed to  the  Senate President  and                                                               
Speaker  of  the  House,  that   lists  the  specific  points  of                                                               
disagreement for  which the committee requests  limited powers of                                                               
free conference,  and directed each  member to sign  the original                                                               
letter.    He  explained  that   under  limited  powers  of  free                                                               
conference,  the  committee  can  adopt any  language,  dates  or                                                               
effective dates  subject to conference.   Finally, he  stated the                                                               
expectation that both bodies will  act on the request for limited                                                               
powers, thus  enabling the committee  to take  appropriate action                                                               
on the same day.