MINUTES                                                                        
SENATE FINANCE COMMITTEE                                                       
22 January, 1998                                                               
8:40 am                                                                        
                                                                               
TAPES                                                                          
                                                                               
SFC 98  # 3, Side 1 (000-590)                                                  
   Side 2 (590-000)                                                            
SFC 98  # 4, Side 1 (000-043)                                                  
                                                                               
                                                                               
CALL TO ORDER                                                                  
                                                                               
Senator Sean Parnell, convened the meeting at approximately                    
8:40 am.                                                                       
                                                                               
                                                                               
PRESENT                                                                        
                                                                               
In addition to Senator Parnell, Senators Sharp, Torgerson                      
and Phillips were present when the meeting was convened.                       
Senator Donley arrived later.  Senator Pearce did not attend                   
the meeting.                                                                   
                                                                               
Also Attending:  Senators JERRY WARD and GARY WILKEN;                          
Representatives JOHNNY ELLIS and GENE THERRIAULT; SHERRIE                      
GOLL, Child Care Liaison, Division of Public Assistance,                       
Department of Health and Social Services; CRAIG HOLT,                          
President, MTP, Inc.; JOHN RINGSTAD, BP; MIKE GREANY,                          
Director, Division of Legislative Finance; Finance Fiscal                      
Analysts:  DAVE TONKOVICH, SUSAN TAYLOR, FRED FISHER, GINGER                   
PATTON and GRETCHEN MANNIX; and aides to committee members                     
and other members of the Legislature.                                          
                                                                               
via Teleconference:  YVONNE CHASE, Director, Division of                       
Community of Rural Development, Department of Community and                    
Regional Affairs.                                                              
                                                                               
SUMMARY INFORMATION                                                            
                                                                               
                                                                               
SENATE BILL NO. 229                                                            
"An Act making appropriations for the operating and                            
loan program expenses of state government, for certain                         
programs, and to capitalize funds; making                                      
appropriations under art. IX, sec. 17(c), Constitution                         
of the State of Alaska, from the constitutional budget                         
reserve fund; and providing for an effective date."                            
                                                                               
                                                                               
POLICIES AND PRIORITIES PRESENTATION                                           
PRESENTED BY CRAIG HOLT                                                        
                                                                               
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, PO 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 10:30 am.                           
SFC-98 (1) 1/22/98 am