HOUSE SPECIAL COMMITTEE ON ECONOMIC DEVELOPMENT                              
                   April 30, 1998                                              
                     3:00 p.m.                                                 
                                                                               
                                                                               
MEMBERS PRESENT                                                                
                                                                               
Representative Jerry Sanders, Chairman                                         
Representative Mark Hodgins                                                    
Representative Ivan Ivan                                                       
Representative William K. ("Bill") Williams                                    
Representative Alan Austerman                                                  
                                                                               
MEMBERS ABSENT                                                                 
                                                                               
Representative J. Allen Kemplen                                                
Representative Ethan Berkowitz                                                 
                                                                               
COMMITTEE CALENDAR                                                             
                                                                               
HOUSE BILL NO. 469                                                             
"An Act approving the sale of Prudhoe Bay Unit royalty oil by the              
State of Alaska to Mapco Alaska Petroleum, Inc.; and providing for             
an effective date."                                                            
                                                                               
     - MOVED HB 469 OUT OF COMMITTEE                                           
                                                                               
(* First public hearing)                                                       
                                                                               
PREVIOUS ACTION                                                                
                                                                               
BILL: HB 469                                                                   
SHORT TITLE: APPROVE SALE ROYALTY OIL TO MAPCO                                 
SPONSOR(S): RULES BY REQUEST OF THE GOVERNOR                                   
                                                                               
Jrn-Date    Jrn-Page           Action                                          
 3/13/98      2620     (H)  READ THE FIRST TIME - REFERRAL(S)                  
 3/13/98      2621     (H)  O&G, ECD, FINANCE                                  
 3/13/98      2621     (H)  FISCAL NOTE (DNR)                                  
 3/13/98      2621     (H)  HOUSE AND SENATE JOURNAL SUPPLEMENT                
                            #16                                                
 3/13/98      2621     (H)  CONTAINS FINDINGS, AGREEMENTS, &                   
 3/13/98      2621     (H)  RESOLUTION REGARDING ROYALTY OIL SALE              
 3/13/98      2621     (H)  TO MAPCO                                           
 3/13/98      2621     (H)  GOVERNOR'S TRANSMITTAL LETTER                      
 3/31/98               (H)  O&G AT 10:00 AM CAPITOL 124                        
 3/31/98               (H)  MINUTE(O&G)                                        
 4/07/98               (H)  O&G AT 10:00 AM CAPITOL 124                        
 4/07/98               (H)  MINUTE(O&G)                                        
 4/07/98      2905     (H)  O&G RPT  4DP 1NR                                   
 4/07/98      2905     (H)  DP: ROKEBERG, BUNDE, BRICE, HODGINS;               
 4/07/98      2905     (H)  NR: RYAN                                           
 4/07/98      2905     (H)  FISCAL NOTE (DNR) 3/13/98                          
 4/07/98      2905     (H)  REFERRED TO ECD                                    
 4/09/98               (H)  ECD AT  5:00 PM CAPITOL 17                         
 4/09/98               (H)  MINUTE(ECD)                                        
 4/23/98               (H)  ECD AT  3:00 PM CAPITOL 17                         
 4/23/98               (H)  MINUTE(ECD)                                        
 4/28/98               (H)  ECD AT  3:00 PM CAPITOL 17                         
 4/28/98               (H)  MINUTE(ECD)                                        
 4/30/98               (H)  FIN AT  1:30 PM HOUSE FINANCE 519                  
 4/30/98               (H)  ECD AT  3:00 PM CAPITOL 17                         
                                                                               
WITNESS REGISTER                                                               
                                                                               
No witness register                                                            
                                                                               
ACTION NARRATIVE                                                               
                                                                               
TAPE 98-6, SIDE A                                                              
Number 0001                                                                    
                                                                               
CHAIRMAN JERRY SANDERS called the House Special Committee on                   
Economic Development meeting to order at 3:00 p.m.  Members present            
at the call to order were Representatives Sanders, Hodgins, Ivan               
and Williams.  Representative Austerman arrived sometime after the             
call to order.                                                                 
HB 469 - APPROVE SALE ROYALTY OIL TO MAPCO                                     
                                                                               
CHAIRMAN SANDERS announced the only order of business was House                
Bill No. 469, "An Act approving the sale of Prudhoe Bay Unit                   
royalty oil by the State of Alaska to Mapco Alaska Petroleum, Inc.;            
and providing for an effective date."                                          
                                                                               
Number 0069                                                                    
                                                                               
REPRESENTATIVE MARK HODGINS made a motion to move HB 469 out of the            
committee with individual recommendations.                                     
                                                                               
Number 0084                                                                    
                                                                               
CHAIRMAN SANDERS objected.                                                     
                                                                               
CHAIRMAN SANDERS announced he still believes that MAPCO Alaska                 
Petroleum Incorporated and Tesoro Alaska Petroleum Company are                 
manipulating the Alaskan market for fossil fuel to their advantage             
and profit, but he doesn't feel that holding the contract would                
have a positive effect on the situation at this time.  Therefore,              
he is willing to move the bill forward to the next committee of                
referral.  However, he encourages his fellow legislators, the                  
Administration, and most of all the local refineries to work                   
together to ensure that the citizens of Alaska realize both price              
and supply benefits from the sale and processing of "their" royalty            
oil.                                                                           
                                                                               
CHAIRMAN SANDERS removed his objection.  There being no further                
objection, HB 469 was so moved from the House Special Committee on             
Economic Development.                                                          
ADJOURNMENT                                                                    
                                                                               
Number 0157                                                                    
                                                                               
CHAIRMAN SANDERS adjourned the House Special Committee on Economic             
Development meeting at 3:04 p.m.