SENATOR THERRIAULT moved to calendar SB 355-LET ME HELP ACCOUNT and its zero fiscal note at the Chairman's discretion. SENATOR ELLIS objected and asked for an explanation of the bill. CHAIRMAN PHILLIPS noted that he would put SB 355 on the bottom of the calendar. SENATOR COWDERY moved to calendar SB 355-LET ME HELP ACCOUNT and its zero fiscal note at the Chairman's discretion. SENATOR ELLIS objected for the purpose of an explanation. MR. JERRY BURNETT, staff to Senator Lyda Green, sponsor of SB 355, explained that SB 355 provides people with an opportunity to contribute to the state to close the fiscal gap. SB 355 was inspired by Governor Huckabee's "Tax Me More Fund" in Arkansas. SENATOR ELLIS asked if SB 355 is a serious effort. MR. BURNETT said it is. SENATOR COWDERY asked if the program in Arkansas was successful. MR. BURNETT said, to his understanding, it has not been successful. Although the residents were asking for taxes, they were not willing to contribute voluntarily. It has only raised about $4,000. SENATOR THERRIAULT asked if the "Let Me Help Account" allows people to designate to specific government programs. MR. BURNETT said SB 355 does not speak to designation but it could be used for that purpose. SENATOR THERRIAULT read, "... for which no specific purpose is stated shall be deposited into the account," and asked how a contribution to a particular program will be handled. MR. BURNETT said that it is his understanding that the contribution will go to that particular program. He added that donations will be tax deductible on federal income taxes if a person itemizes. SENATOR ELLIS noted it is expensive for a bill to travel through the legislative process and that the cost of this bill may exceed the amount it collects. He pointed out that Senator Leman proposed legislation that pertains to assignment of permanent fund dividends for charitable donations. He commended that legislation to the Chairman. SENATOR COWDERY repeated his motion to calendar SB 355. CHAIRMAN PHILLIPS announced that without objection, SB 355 would be calendared.