CHAIRMAN MILLER called the Resources Committee meeting to order at            
 3:42 p.m. and announced  SB 240  (MUNICIPAL TAX CREDIT/HABITAT                
 PROTECTION) to be up for consideration.                                       
                                                                               
 SENATOR PEARCE, sponsor, moved to adopt the CS for SB 240, Cook               
 version J, dated 2/11/94.  There were no objections and it was so             
 ordered.                                                                      
                                                                               
 She said Section 1 (a) was clarified to stipulate the tax credit is           
 for restoring or protecting fish spawning habitat.  On page 1, line           
 12 "along or" after "habitat".  On page 2, line 10, after "law," "a           
 condition of a permit" was deleted.  On page 2, line 16, after                
 "the" "the mean high tide line" was inserted.  On page 2, line 23             
 language was added saying the ADF&G may establish procedures to be            
 used for certification by regulation.                                         
                                                                               
 She noted there are letters from the Kenai Borough and the Kenai              
 River Special Management Area Advisory Board endorsing the changes.           
                                                                               
 Number 86                                                                     
                                                                               
 SENATOR LEMAN moved to discharge CSSB 210 from Committee with                 
 individual recommendations and with the $0 fiscal note.  There were           
 no objections and it was so ordered.                                          
                                                                               
 LEO OBERTS asked what "ordinary high water" meant on page 1, line             
 13.  He thought it possibly should be deleted.                                
                                                                               
 He said he wasn't getting any consideration in this bill for                  
 keeping his property in its natural state.                                    
                                                                               
 SENATOR PEARCE said the definition of "ordinary high water" is the            
 one used in statutes to be consistent.  The Kenai River is a                  
 special use area and has to be consistent.  She said under present            
 state law, he already has the right to receive conservation                   
 easements.