SB 300-MOTOR VEHICLE NEGATIVE EQUITY/CONTRACTS                                                                     
                                                                                                                                
CHAIR BUNDE announced SB 300 to be up for consideration.                                                                        
                                                                                                                                
SENATOR RALPH  SEEKINS, sponsor  of SB 300,  moved to  adopt CSSB                                                               
300, version G.                                                                                                                 
                                                                                                                                
CHAIR BUNDE objected for an explanation.                                                                                        
                                                                                                                                
SENATOR  SEEKINS explained  that the  National Automobile  Dealer                                                               
Association   and   the   American  Association   of   Automobile                                                               
Manufacturers  picked  up language  in  one  more section  of  AS                                                               
45.10.030(a) that  needed to  be changed  for consistency  and he                                                               
noted the change was on page 2 of the bill.                                                                                     
                                                                                                                                
CHAIR BUNDE removed his objection.                                                                                              
                                                                                                                                
ED  SNIFFEN,  Assistant  Attorney  General,  Department  of  Law,                                                               
agreed with Senator Seekins that the  change in the CS was needed                                                               
to make  the statute  consistent and said  the department  had no                                                               
objection to that.                                                                                                              
                                                                                                                                
2:07:17 PM                                                                                                                    
SENATOR SEEKINS  moved to report  CSSB 300(L&C), version  G, from                                                               
committee  with   individual  recommendations.   Senators  Ellis,                                                               
Davis,  Seekins and  Chair  Bunde voted  yea;  and CSSB  300(L&C)                                                               
moved out of committee.