CHAIRMAN HALFORD opened the public hearing on  CSHB 306(RES)                  
 (MUNICIPAL TAX CREDIT/HABITAT PROTECTION).                                    
                                                                               
 SENATOR LITTLE explained the legislation was the same as SB 240               
 which was sponsored in the Senate by Senator Pearce.  It will allow           
 the Kenai Peninsula Borough to establish an ordinance which would             
 allow for municipal tax credits for habitat protection projects               
 along the Kenai River.  Although it will not do any real good for             
 the Kenai River, it is going to give some benefit to people who               
 construct along the river, she said.                                          
                                                                               
 CHAIRMAN HALFORD asked how long these credits would be in effect.             
 SENATOR LITTLE answered it would be up to the Kenai Borough in                
 their enabling ordinance to decide what they want to do.  She added           
 that she has strong concerns with the legislation because it goes             
 in the opposite direction of where we should be going.                        
                                                                               
 There being no witnesses present to testify on HB 306, CHAIRMAN               
 HALFORD asked for the pleasure of the committee.                              
                                                                               
 SENATOR RIEGER moved and asked unanimous consent that CSHB 306(RES)           
 be passed out of committee with individual recommendations.                   
 Hearing no objection, it was so ordered.                                      
                                                                               
 SENATOR RIEGER moved and asked unanimous consent that CSHB 306(RES)           
 be approved for calendaring at the Chair's discretion.  Hearing no            
 objection, it was so ordered.