CHAIRMAN MILLER called the Resources Committee meeting to order at 3:35 p.m. and announced CS HB 132 (FIN) (EXTEND RESOURCE EXTRACTION ION PERMIT/LEASE) to be up for consideration. BEN WILLIAMS, Aide for Representative Brice, said that many resource developments in Alaska are delayed by time consuming litigation and administrative proceedings which drive up the cost of a project or even kill it. CSHB 132 (FIN) will fix this problem. State permits relating to a resource extraction or removal project will be extended by the amount of time lost in the law suit not to exceed the original length of the permit and there would be no fee for the extension. The Alaska Minerals Commission and the Governor's Task Force on Regulatory Reform both recommend extensions for permits shortened by proceedings, Mr. Williams said. SENATOR LEMAN moved to adopt the Senate CS for CSHB 132 (FIN), Luckhaupt version m. There were no objections and it was so ordered. SENATOR FRANK asked what would happen if a federal permit was under question. MR. WILLIAMS said the state wouldn't charge for the extra time if the permit holder prevailed. SENATOR LEMAN moved to pass Senate CS to CSHB 132 (RES) with accompanying fiscal notes and with individual recommendations. There were no objections and it was so ordered.