ALASKA STATE LEGISLATURE  HOUSE RESOURCES STANDING COMMITTEE  April 12, 2010 1:03 p.m. MEMBERS PRESENT Representative Craig Johnson, Co-Chair Representative Mark Neuman, Co-Chair Representative Bryce Edgmon Representative Kurt Olson Representative Paul Seaton Representative Peggy Wilson Representative Scott Kawasaki Representative Chris Tuck MEMBERS ABSENT  All members present COMMITTEE CALENDAR  SENATE BILL NO. 301 "An Act relating to the power project fund; authorizing the Alaska Energy Authority to charge and collect fees relating to the power project fund; authorizing the Alaska Energy Authority to sell and authorizing the Alaska Industrial Development and Export Authority to purchase loans of the power project fund; providing legislative approval for the sale and purchase of loans of the power project fund under the memorandum of understanding dated February 17, 2010; and providing for an effective date." - MOVED OUT OF COMMITTEE COMMITTEE SUBSTITUTE FOR SENATE BILL NO. 144(FIN) "An Act relating to hunting permits and tag fees for musk oxen." - MOVED OUT OF COMMITTEE COMMITTEE SUBSTITUTE FOR SENATE BILL NO. 305(FIN)(TITLE AM) "An Act providing that the tax rate applicable to the production of oil as the average on oil and gas production for appropriation to the community revenue sharing fund; production tax value of oil, gas produced in the Cook Inlet sedimentary basin, and gas relating to the allocation of lease expenditures and adjustments to lease expenditures; produced outside of the Cook Inlet sedimentary basin and used in the state increases and providing for an effective date." - HEARD & HELD PREVIOUS COMMITTEE ACTION  BILL: SB 301 SHORT TITLE: POWER PROJECT FUND SPONSOR(s): RULES BY REQUEST OF THE GOVERNOR 02/26/10 (S) READ THE FIRST TIME - REFERRALS 02/26/10 (S) RES, FIN 03/15/10 (S) RES AT 3:30 PM BUTROVICH 205 03/15/10 (S) Heard & Held 03/15/10 (S) MINUTE(RES) 03/17/10 (S) RES AT 3:30 PM BUTROVICH 205 03/17/10 (S) Moved SB 301 Out of Committee 03/17/10 (S) MINUTE(RES) 03/22/10 (S) RES RPT 2DP 5NR 03/22/10 (S) DP: MCGUIRE, WIELECHOWSKI 03/22/10 (S) NR: HUGGINS, STEVENS, STEDMAN, WAGONER, FRENCH 04/05/10 (S) FIN AT 10:00 AM SENATE FINANCE 532 04/05/10 (S) Heard & Held 04/05/10 (S) MINUTE(FIN) 04/07/10 (S) FIN RPT 3DP 3NR 04/07/10 (S) DP: HOFFMAN, HUGGINS, THOMAS 04/07/10 (S) NR: STEDMAN, OLSON, ELLIS 04/07/10 (S) FIN AT 9:00 AM SENATE FINANCE 532 04/07/10 (S) Moved SB 301 Out of Committee 04/07/10 (S) MINUTE(FIN) 04/08/10 (S) TRANSMITTED TO (H) 04/08/10 (S) VERSION: SB 301 04/09/10 (H) READ THE FIRST TIME - REFERRALS 04/09/10 (H) RES, FIN 04/10/10 (H) RES AT 10:00 AM BARNES 124 04/10/10 (H) Scheduled But Not Heard 04/11/10 (H) RES AT 12:00 AM BARNES 124 04/11/10 (H) Scheduled But Not Heard 04/12/10 (H) FIN AT 8:00 AM HOUSE FINANCE 519 04/12/10 (H) MINUTE(FIN) 04/12/10 (H) RES AT 1:00 PM BARNES 124 BILL: SB 144 SHORT TITLE: MUSK OXEN PERMITS & FEES SPONSOR(s): OLSON 03/09/09 (S) READ THE FIRST TIME - REFERRALS 03/09/09 (S) RES, FIN 03/08/10 (S) RES AT 3:30 PM BUTROVICH 205 03/08/10 (S) Moved SB 144 Out of Committee 03/08/10 (S) MINUTE(RES) 03/10/10 (S) RES RPT 4DP 2NR 03/10/10 (S) DP: MCGUIRE, WIELECHOWSKI, HUGGINS, STEVENS 03/10/10 (S) NR: STEDMAN, FRENCH 03/15/10 (S) FIN AT 9:00 AM SENATE FINANCE 532 03/15/10 (S) Heard & Held 03/15/10 (S) MINUTE(FIN) 03/22/10 (S) FIN RPT CS 4DP 1NR SAME TITLE 03/22/10 (S) DP: HOFFMAN, STEDMAN, EGAN, OLSON 03/22/10 (S) NR: HUGGINS 03/22/10 (S) FIN AT 9:00 AM SENATE FINANCE 532 03/22/10 (S) Moved CSSB 144(FIN) Out of Committee 03/22/10 (S) MINUTE(FIN) 03/26/10 (S) TRANSMITTED TO (H) 03/26/10 (S) VERSION: CSSB 144(FIN) 03/29/10 (H) READ THE FIRST TIME - REFERRALS 03/29/10 (H) RES, FIN 04/09/10 (H) RES AT 1:00 PM BARNES 124 04/09/10 (H) 04/12/10 (H) RES AT 1:00 PM BARNES 124 BILL: SB 305 SHORT TITLE: SEPARATE OIL & GAS PROD. TAX/ DEDUCTIONS SPONSOR(s): FINANCE 03/08/10 (S) READ THE FIRST TIME - REFERRALS 03/08/10 (S) FIN 03/09/10 (S) FIN AT 9:00 AM SENATE FINANCE 532 03/09/10 (S) Heard & Held 03/09/10 (S) MINUTE(FIN) 03/10/10 (S) FIN AT 9:00 AM SENATE FINANCE 532 03/10/10 (S) 03/11/10 (S) FIN AT 9:00 AM SENATE FINANCE 532 03/11/10 (S) -- MEETING CANCELED -- 03/12/10 (S) FIN AT 9:00 AM SENATE FINANCE 532 03/12/10 (S) Heard & Held 03/12/10 (S) MINUTE(FIN) 03/18/10 (S) FIN AT 3:00 PM SENATE FINANCE 532 03/18/10 (S) Heard & Held 03/18/10 (S) MINUTE(FIN) 03/29/10 (S) FIN AT 9:00 AM SENATE FINANCE 532 03/29/10 (S) 03/31/10 (S) FIN RPT CS 6DP 1AM NEW TITLE 03/31/10 (S) DP: HOFFMAN, STEDMAN, THOMAS, EGAN, OLSON, ELLIS 03/31/10 (S) AM: HUGGINS 03/31/10 (S) FIN AT 9:00 AM SENATE FINANCE 532 03/31/10 (S) Moved CSSB 305(FIN) Out of Committee 03/31/10 (S) MINUTE(FIN) 04/01/10 (S) TRANSMITTED TO (H) 04/01/10 (S) VERSION: CSSB 305(FIN)(TITLE AM) 04/05/10 (H) READ THE FIRST TIME - REFERRALS 04/05/10 (H) RES, FIN 04/07/10 (H) RES AT 1:00 PM BARNES 124 04/07/10 (H) Heard & Held 04/07/10 (H) MINUTE(RES) 04/09/10 (H) RES AT 1:00 PM BARNES 124 04/09/10 (H) Heard & Held 04/09/10 (H) MINUTE(RES) 04/10/10 (H) RES AT 10:00 AM BARNES 124 04/10/10 (H) Heard & Held 04/10/10 (H) MINUTE(RES) 04/11/10 (H) RES AT 12:00 AM BARNES 124 04/11/10 (H) Heard & Held 04/11/10 (H) MINUTE(RES) 04/12/10 (H) RES AT 1:00 PM BARNES 124 WITNESS REGISTER SARAH FISHER-GOAD, Deputy Director - Operations Alaska Industrial Development and Export Authority (AIDEA) and Alaska Energy Authority (AEA) Department of Commerce, Community, & Economic Development (DCCED) Anchorage, Alaska POSITION STATEMENT: Presented SB 301 on behalf of the governor and answered questions. TIM BENINTENDI, Staff Senator Donny Olson Alaska State Legislature Juneau, Alaska POSITION STATEMENT: Presented SB 144 on behalf of the sponsor, Senator Olson. ACTION NARRATIVE 1:03:23 PM    CO-CHAIR CRAIG JOHNSON called the House Resources Standing Committee meeting to order at 1:03 p.m. Representatives Johnson, Neuman, Seaton, Edgmon, Guttenberg, and Kawasaki were present at the call to order. Representatives P. Wilson, Olson, and Tuck arrived as the meeting was in progress. SB 301-POWER PROJECT FUND  1:03:46 PM CO-CHAIR JOHNSON announced that the first order of business is SENATE BILL NO. 301, "An Act relating to the power project fund; authorizing the Alaska Energy Authority to charge and collect fees relating to the power project fund; authorizing the Alaska Energy Authority to sell and authorizing the Alaska Industrial Development and Export Authority to purchase loans of the power project fund; providing legislative approval for the sale and purchase of loans of the power project fund under the memorandum of understanding dated February 17, 2010; and providing for an effective date." CO-CHAIR JOHNSON reviewed the day's schedule, including the intent to go into executive session at 4:00 p.m. during which Commissioner Galvin will discuss decoupling per SB 305. 1:04:58 PM SARAH FISHER-GOAD, Deputy Director - Operations, Alaska Industrial Development and Export Authority (AIDEA) and Alaska Energy Authority (AEA), Department of Commerce, Community, & Economic Development (DCCED), on behalf of the governor, informed the committee that SB 301 relates to the Power Project Fund (PPF), which is an AEA-owned fund. This legislation allows AEA to sell the loan portfolio to AIDEA, which will provide cash to the PPF for upcoming projects. Ms. Fisher-Goad related that there has been much more demand of this fund, particularly for renewable energy projects. She clarified that SB 301 would allow AEA to sell the PPF and for AIDEA to purchase it. The aforementioned would recapitalize the PPF with approximately $20.6 million. This legislation also authorizes AEA to establish fees for the program as there are currently no application or origination fees. The Bulk Fuel Revolving Loan Fund does charge application and origination fees and the intent is to do something similar for PPF loans 1:06:22 PM CO-CHAIR JOHNSON inquired as to why this is necessary. MS. FISHER-GOAD explained that the primary purpose is to provide new cash for new projects. The PPF is approximately $35 million worth of assets, of which it's not a lot of cash. Therefore, SB 301 would provide a way to raise cash for new projects. 1:06:58 PM CO-CHAIR NEUMAN, referring to Section 2 of SB 301, asked if Ms. Fisher-Goad anticipates any changes in the regulations as they are repealed and reenacted. MS. FISHER-GOAD clarified that Section 2 repeals and reenacts [AS 42.45.010(d)] in order to allow AIDEA to charge fees. In further response to Co-Chair Neuman, Ms. Fisher-Goad reiterated that SB 301 would allow AIDEA to charge an application fee and an origination fee. She noted that in order to adopt a fee schedule, a public process will have to be followed. In further response to Co-Chair Neuman, Ms. Fisher-Goad explained that the Renewable Energy Fund is a new program, a grant recommendation program. The program is set to go through five rounds of project evaluation and funding. Round 1 was the $100 million that AEA received in fiscal year (FY) 2009 and that was the only round that went through a Legislative Budget and Audit Committee approval process. Last year, the legislature appropriated $25 million and directed AEA to use its list of projects to fund $25 million worth of projects. Before the legislature this year is a request for the Round 3 projects to be funded. In the capital budget that's still being considered in the Senate, the funding level requested is $50 million for [the Renewable Energy Fund]. One of the evaluation criteria for the Renewable Energy Fund is matching funds. The PPF, which has been in existence for some time, has been a funding source that's being used for the match requirement for many local entities that apply for the Renewable Energy Fund. The PPF, she clarified, exists independently on its own and has a separate evaluation process. Ms. Fisher-Goad further clarified that no new program is being created, funds are just being provided to continue to provide loans for power projects. 1:11:06 PM CO-CHAIR NEUMAN asked from where the initial funds for the PPF originated. MS. FISHER-GOAD said that although the PPF has existed for a long time, she didn't know when it was established. However, the PPF had to have legislative action to provide funds to the program. She estimated that the aforementioned may have occurred in the 1980s. Over the last 10 years, AEA hasn't had a new injection of cash into the PPF, save some specific projects through a match requirement that was through the Energy Cost Reduction program, which was a Denali Commission funded program. 1:12:27 PM REPRESENTATIVE SEATON related his understanding that this is a discussion of transferring actual securities rather than a securitized package. MS. FISHER-GOAD explained that AIDEA would purchase [the PPF] as an investment, and therefore AIDEA receives the loans and the associated cash flow. However, AEA receives the cash that is the value of those loans. She further explained that AEA would receive the cash to be injected into the fund, while AIDEA would receive the investment and the cash flow of those loan payments from now until they mature. She recalled that one of the loans matures in 20 years. REPRESENTATIVE SEATON said that he wanted to be clear that [AIDEA] is actually purchasing the entire loan, but isn't creating a securitized loan package. MS. FISHER-GOAD guaranteed that [under SB 301] it's strictly a "cash for future cash flow" transaction. 1:14:19 PM CO-CHAIR JOHNSON pointed out that there are some zero interest loans, and inquired as to the value they have. MS. FISHER-GOAD clarified that a discount rate for the cash flow is applied for AIDEA's purchase price. For example, the cash flow is the 30 years of principal and interest payments, which is discounted back at a 6.02 percent interest rate discount. Therefore, AIDEA would pay approximately $20.6 million for future cash flow of approximately $24-$27 million. 1:15:15 PM CO-CHAIR JOHNSON, after ascertaining no one wished to testify, closed public testimony. 1:15:55 PM CO-CHAIR JOHNSON requested an explanation of the larger picture of what is being done. MS. FISHER-GOAD informed the committee that with the passage of SB 301, HB 412 will receive capitalization that was originally proposed in the governor's budget for the PPF. Therefore, it's a situation in which the $7 million requested in the governor's budget would be reduced by the $3.5 million to pay for the fiscal note on [HB 412], the micro loan program. 1:17:17 PM CO-CHAIR JOHNSON noted that SB 301, with a savings of $3 million, will next go to the House Finance Committee. 1:17:33 PM CO-CHAIR NEUMAN moved to report SB 301 out of committee with individual recommendations and the accompanying fiscal notes. There being no objection, it was so ordered. 1:18:09 PM The committee took a brief at-ease. SB 144-MUSK OXEN PERMITS & FEES  1:18:57 PM CO-CHAIR JOHNSON announced that the next order of business is CS FOR SENATE BILL NO. 144(FIN), "An Act relating to hunting permits and tag fees for musk oxen." 1:19:22 PM TIM BENINTENDI, Staff, Senator Donny Olson, Alaska State Legislature, provided the following testimony: At its core, Senate Bill 144 would authorize a second permit hunt for resident and subsistence hunters for the taking of musk ox. It would double the chances of taking an animal, but it would not change the bag limit which currently stands at one animal, either a bull or a cow. Nonresident hunters would not qualify. If a hunter did not harvest a musk ox under the first permit, then a second permit could be issued upon application for another chance in a different hunt area or in a different game management unit. Musk oxen are the only game animals in Alaska for which the one permit restriction still applies. There are four game management units in the state where these animals are found. Unit 18 is on both Nunivak and Nelson Islands, Unit 22 and 23 are on the Seward Peninsula and in the Northwest, and Unit 26 is in the Northeast. The wild musk ox population is currently estimated to be at 4,400 animals; and annually between 325 and 350 are available for harvest. Wildlife biologists and regulators within the Department of Fish & Game have determined that the health and size of the state's herd is well past the threshold for expanding hunting opportunities. They estimate that a minimum number of permits will be issued under this bill and perhaps 25 more animals might be harvested annually. Under Senate Bill 144, the Board of Game would have the authority to reduce or eliminate subsistence tag and fee requirements. And because Senate Bill 144 changes a year from a calendar year to a regulatory year, which is July 1st to June 30th, the department would be able to issue permits for seasons which straddle the calendar year and not have to charge a hunter twice and issue two permits for the same season. If passed, this legislation would take effect in August. And the bill carries a zero fiscal note, has the support of the department, support of the hunting community in the Northwest Alaska, including the Northern and Southern Norton Sound Advisory Committees, and the Seward Peninsula Musk Ox Cooperators Group. 1:21:47 PM MR. BENINTENDI, in response to Co-Chair Johnson, stated that the next committee of referral for SB 144 is the House Finance Committee. 1:21:59 PM CO-CHAIR JOHNSON then inquired as to how one permit, rather than two, can be issued due to straddling the year without having an impact. MR. BENINTENDI informed the committee that currently there is a season from August until March. Currently, the hunter would have to apply and obtain a permit. Assuming that hunter doesn't take an animal by January 1st, that hunter would have to apply for the permit again and pay again. This legislation would change the year basis upon which that structure is based. In further response to Co-Chair Johnson, Mr. Benintendi confirmed that there could be a negligible revenue factor. He related that [the Alaska Department of Fish & Game (ADF&G)] estimated that under the proposed system there would be less than 50 permits. However, they estimate that the increased amount of animals taken will be about 25. 1:23:18 PM CO-CHAIR NEUMAN related his understanding that hunters will still have to purchase a hunting license each year, [but under SB 144] a hunter who doesn't harvest an animal will continue to have a permit that will carry through. Co-Chair Neuman opined that there wouldn't be any fiscal impact since the hunter will have to purchase a hunting license the next year in order to use that [tag] they already have [through the permit they already have]. 1:24:03 PM CO-CHAIR JOHNSON clarified that SB 144 only extends the tags, not the hunting license through the permit period. MR. BENINTENDI noted his agreement. He then added that this doesn't impede any of the Board of Game's current authority, in fact it provides the board a bit more liberty. 1:24:26 PM REPRESENTATIVE SEATON surmised then that a person who purchases a $500 resident tag is entitled to a bag limit of one. That person can then apply for another permit and purchase it for another $500. He further surmised that the bag limit for the permit is one, but he questioned whether the bag limit of the season is increased to as many multiples of the $500 as the person purchases. MR. BENINTENDI replied no, and added that the person doesn't pay a second time. If SB 144 passes, then a person would have the opportunity to have a second permit. The Board of Game would determine the fee structure. 1:25:38 PM REPRESENTATIVE SEATON pointed out that on page 2, line 5, of SB 144 the language "a person is not eligible for more than one musk oxen permit a year." is being eliminated. He asked if that means a person can take two or three musk oxen. "The question is can a person, at the same time, hold more than one permit and get one animal on the bag limit for that permit, if we eliminate lines 5-6, ... on page 2," he asked. MR. BENINTENDI related that his understanding is no. He opined that a person is allowed one animal per year regardless of the number of attempts or location. 1:26:52 PM REPRESENTATIVE P. WILSON, referring to the sectional analysis, surmised that SB 144 would allow an individual who holds a permit but didn't harvest an animal to have another chance [to harvest an animal. MR. BENINTENDI replied yes, the legislation would provide one more chance. 1:27:45 PM REPRESENTATIVE SEATON said that he understands the intent, but he expressed concern with deleting the language on page 2, lines 5-6, because it's essentially saying a person can have more than one musk ox permit a year. MR. BENINTENDI responded that would likely still fall to the Board of Game to regulate. He related that he hasn't heard any concern for the taking of multiple animals. CO-CHAIR NEUMAN pointed out that the regulations for each game management unit can be different and can be changed [per the Board of Game]. CO-CHAIR JOHNSON remarked that although he believes [the legislation] would do what Representative Seaton is concerned about, he indicated that it's a decision for the Board of Game. REPRESENTATIVE SEATON explained that he raised the issue because the language was in statute to ensure there wasn't a multiple safari hunt or multiple game animals [harvested]. He said that although he didn't want to hold the legislation, he did want the sponsor to make sure what the legislation achieves prior to being forwarded to the House Finance Committee. CO-CHAIR JOHNSON requested that Mr. Benintendi pass on this concern to the sponsor. 1:31:53 PM REPRESENTATIVE KAWASAKI expressed concern that portions of the sponsor's statement seem ambiguous. He opined that he's unclear as to whether Representative Seaton's concern is correct. CO-CHAIR JOHNSON reiterated that he has asked the sponsor, Senator Olson, to clearly spell out the intent of the legislation. He related his intention to forward the legislation with the aforementioned caveat. 1:33:15 PM MR. BENINTENDI remarked that it's a valid question that deserves an answer, which he could forward to the committee. 1:33:24 PM REPRESENTATIVE EDGMON opined that it seems implicit that the Board of Game is being given another tool through SB 144. There are four far flung game management units and animals that are likely growing beyond their threshold. In the event it's necessary to allow harvesting more than one animal, there would be the authority to do so. 1:33:56 PM CO-CHAIR JOHNSON remarked that although he believes [the taking of more than one animal] should be an option, it should be discussed. 1:34:13 PM CO-CHAIR NEUMAN pointed out that there are many areas in the state where multiple animals can be harvested, it depends upon the population in a given area. The aforementioned is a decision for the Board of Game to make and the legislation clearly refers to the regulations. 1:35:06 PM REPRESENTATIVE KAWASAKI remarked that he wouldn't have a problem moving SB 144 if he's assured that it will be forwarded to the House Finance Committee with a zero fiscal note. CO-CHAIR JOHNSON said that SB 144 does have a referral to the House Finance Committee because it involves fees. MR. BENINTENDI interjected that the sponsor isn't interested in waiving SB 144 from the House Finance Committee. 1:35:44 PM REPRESENTATIVE SEATON remarked that although he has full confidence in the Board of Game, the board may not have addressed this in the regulations because the statute says not more than one animal a year can be taken. Therefore, he wanted to raise the issue so that the Board of Game will be on notice that its regulations may not address this. 1:36:23 PM CO-CHAIR JOHNSON, upon determining no one wished to testify, closed public testimony. 1:36:51 PM CO-CHAIR NEUMAN clarified that SB 144 would allow people to use their permit to harvest game when that game is still available, the season is still open, [and the person didn't harvest under their initial permit]. REPRESENTATIVE KAWASAKI commented that other units, such as the Central Arctic herd, have similar rules and regulations. CO-CHAIR JOHNSON surmised that this legislation is in response to a constituent who came forward with a problem. 1:38:53 PM REPRESENTATIVE EDGMON moved to report CSSB 144(FIN) from committee. There being no objection, it was so ordered. 1:39:19 PM CO-CHAIR JOHNSON announced his intent to recess until 4:00 p.m. today at which time the committee will enter into executive session to hear from the attorney general regarding matters of taxes and issues that are confidential. 4:22:52 PM CO-CHAIR NEUMAN called the meeting back to order at 4:22 p.m. Upon reconvening Representatives Tuck, Seaton, P. Wilson, Edgmon, Olson, Johnson, and Neuman were present. Representative Guttenberg arrived as this portion of the meeting was in progress. SB 305-SEPARATE OIL & GAS PROD. TAX/ DEDUCTIONS  4:23:20 PM CO-CHAIR JOHNSON announced that the next order of business is CS FOR SENATE BILL NO. 305(FIN)(title am), "An Act providing that the tax rate applicable to the production of oil as the average production tax value of oil, gas produced in the Cook Inlet sedimentary basin, and gas produced outside of the Cook Inlet sedimentary basin and used in the state increases above $30 shall be 0.4 percent multiplied by the number that represents the difference between that average monthly production tax value and $30, or the sum of 25 percent and the product of 0.1 percent multiplied by the number that represents the difference between that average monthly production tax value and $92.50, except that the total rate determined in the calculation may not exceed 50 percent; providing for an increase in the rate of tax on the production of gas as the average production tax value on a BTU equivalent barrel basis of gas produced outside of the Cook Inlet sedimentary basin and not used in the state increases above $30; relating to payments of the oil and gas production tax; relating to availability of a portion of the money received from the tax on oil and gas production for appropriation to the community revenue sharing fund; relating to the allocation of lease expenditures and adjustments to lease expenditures; and providing for an effective date." [Before the committee is HCS CSSB 305, Version 26-LS1577\M, Bullock, 4/10/10.] 4:23:33 PM CO-CHAIR JOHNSON moved that the committee enter into executive session under Uniform Rule 22(b)(1) and (3) for the purpose of discussing matters, the immediate knowledge of which would adversely affect the finances of the state government and may, by law, be required to be confidential. He directed Rex Shattuck, Staff to Representative Neuman, Alaska State Legislature, to remain in the executive session. It was then noted that [Attorney General Dan Sullivan, Department of Law]; Tina Kobayashi, Chief Assistant Attorney General - Statewide Section Supervisor, Oil, Gas & Mining Section, Department of Law; and Jonathan Katchen, Special Assistant Attorney, Office of the Attorney General, Department of Law, would also remain in the executive session. The committee then entered into executive session. [Due to technical difficulties no audio is available for the committee's return from executive session at 6:02 p.m. and the reconvening of the public meeting.] CO-CHAIR JOHNSON announced the next House Resources Standing Committee meeting is scheduled for 9:00 a.m. on April 13, 2010. ADJOURNMENT  There being no further business before the committee, the House Resources Standing Committee meeting was adjourned at 6:02 p.m.