CHAIRMAN PHILLIPS  asked Senator Taylor to provide  an explanation                                                              
of SB 317-NAT'L FOREST INCOME AND REGS OF DCED.                                                                             
                                                                                                                                
SENATOR ROBIN  TAYLOR, sponsor  of SB  317, informed members  that                                                              
a  year  ago   the  federal  government  passed   timber  receipts                                                              
legislation, which provides a stable  funding source for six years                                                              
from the  federal government.  Monies received  will be  allocated                                                              
through the Department of Education  and Early Development (DOEED)                                                              
based on  a formula  that he  and Senator  Mackie designed  six or                                                              
seven  years ago.  SB 317  contains clean-up  language that  gives                                                              
DOEED sufficient authority  to convey those funds  pursuant to the                                                              
formula.                                                                                                                        
                                                                                                                                
SENATOR  HALFORD moved  to calendar  SB 317  and its  accompanying                                                              
zero fiscal note at the Chairman's discretion.                                                                                  
                                                                                                                                
CHAIRMAN  PHILLIPS announced  that without  objection, the  motion                                                              
carried.