MINUTES                                           
                    SENATE FINANCE COMMITTEE                                   
                        JANUARY 21, 1997                                       
                            9:02 A.M.                                          
  TAPES                                                                        
                                                                               
  SFC-97, #7, SIDES 1 & 2                                                      
                                                                               
  CALL TO ORDER                                                                
                                                                               
  Senator  Drue  Pearce,  Co-chair, convened  the  meeting  at                 
  approximately 9:02 A.M.                                                      
                                                                               
  PRESENT                                                                      
                                                                               
  In addition  to Co-chair  Pearce, Senators  Sharp, Phillips,                 
  Torgerson, Parnell and  Adams were present when  the meeting                 
  convened.   Senator Donley arrived  while the meeting was in                 
  progress.                                                                    
                                                                               
  ALSO  ATTENDING:     Guy   Bell,  Director,   Administrative                 
  Services, Department  of Commerce and  Economic Development,                 
  Jeff Bush,  Deputy Commissioner, Department of  Commerce and                 
  Economic  Development,  Lamar  Cotten, Deputy  Commissioner,                 
  Department  of   Community  and  Regional   Affairs,  Remond                 
  Henderson, Director, Administrative Services,  Department of                 
  Community    and    Regional   Affairs,    Jake   Lestenkof,                 
  Commissioner, Department  of Military and  Veterans Affairs,                 
  Carol   Carroll,   Director,   Administrative  and   Support                 
  Services,  Department  of  Military  and  Veterans  Affairs,                 
  Senator Gary  Wilken,  Mike  Greany,  Director,  Legislative                 
  Finance  Division; fiscal  analysts and  aides to  committee                 
  members.                                                                     
                                                                               
  SUMMARY INFORMATION                                                          
                                                                               
  FY  98  Budget  Overview  was  conducted for  the  following                 
  departments:                                                                 
                                                                               
         DEPARTMENT OF COMMERCE AND ECONOMIC DEVELOPMENT                       
          DEPARTMENT OF COMMUNITY AND REGIONAL AFFAIRS                         
          DEPARTMENT OF MILITARY AND VETERANS AFFAIRS                          
                                                                               
  The  meeting  was recorded  and  handwritten log  notes were                 
  taken.  A copy of the tape  and log notes may be obtained by                 
  contacting either the Legislative Finance Division, P.O. Box                 
  113200, Juneau, Alaska 99811-3200 (Phone: (907) 465-3795) or                 
  the office of the Senate Finance Committee Secretary (Phone:                 
  (907) 465-2618).                                                             
                                                                               
  ADJOURNMENT                                                                  
                                                                               
  The meeting was adjourned at approximately 10:37 A.M.