SENATE FINANCE COMMITTEE                                                                                       
                       May 13, 2011                                                                                             
                         9:10 a.m.                                                                                              
                                                                                                                                
                                                                                                                                
9:10:50 AM                                                                                                                    
                                                                                                                                
CALL TO ORDER                                                                                                                 
                                                                                                                                
Co-Chair Stedman called the Senate Finance Committee                                                                            
meeting to order at 9:10 a.m.                                                                                                   
                                                                                                                                
MEMBERS PRESENT                                                                                                               
                                                                                                                                
Senator Lyman Hoffman, Co-Chair                                                                                                 
Senator Bert Stedman, Co-Chair                                                                                                  
Senator Lesil McGuire, Vice-Chair                                                                                               
Senator Johnny Ellis                                                                                                            
Senator Dennis Egan                                                                                                             
Senator Donny Olson                                                                                                             
Senator Joe Thomas                                                                                                              
                                                                                                                                
MEMBERS ABSENT                                                                                                                
                                                                                                                                
None                                                                                                                            
                                                                                                                                
SUMMARY                                                                                                                       
                                                                                                                                
CSHB 106(FIN)                                                                                                                   
          COASTAL MANAGEMENT PROGRAM                                                                                            
                                                                                                                                
          SCS CSHB  106(FIN) was  REPORTED out  of committee                                                                    
          with  a  "no  recommendation"  and  with  one  new                                                                    
          fiscal impact note from  the Department of Natural                                                                    
          Resources  and  two   previously  existing  fiscal                                                                    
          notes: FN7 (DEC); FN8 (DEC).                                                                                          
                                                                                                                                
CS FOR HOUSE BILL NO. 106(FIN)                                                                                                
                                                                                                                                
     "An Act  extending the termination  date of  the Alaska                                                                    
     coastal   management  program   and  relating   to  the                                                                    
     extension;  relating to  the review  of activities  and                                                                    
     regulations of  the Alaska coastal  management program;                                                                    
     establishing the Alaska  Coastal Policy Board; relating                                                                    
     to the  development, review,  and approval  of district                                                                    
     coastal  management plans;  relating to  the duties  of                                                                    
     the  Department of  Natural Resources  relating to  the                                                                    
     Alaska  coastal  management  program; relating  to  the                                                                    
     review    of   certain    consistency   determinations;                                                                    
     providing  for  an  effective   date  by  amending  the                                                                    
     effective date  of secs.  1 -  13 and  18, ch.  31, SLA                                                                    
     2005; and providing for an effective date."                                                                                
                                                                                                                                
9:11:39 AM                                                                                                                    
                                                                                                                                
Co-Chair Stedman reviewed the  three fiscal notes previously                                                                    
adopted  by the  operating budget  conference committee.  He                                                                    
pointed  out two  previously published  fiscal impact  notes                                                                    
from  the Department  of  Commerce,  Community and  Economic                                                                    
Development, and one new fiscal  note from the Department of                                                                    
Natural Resources.                                                                                                              
                                                                                                                                
Senator Olson thanked  Co-Chair Stedman for his  work on the                                                                    
committee  substitute. He  received  positive feedback  from                                                                    
his district regarding the review of the legislation.                                                                           
                                                                                                                                
Co-Chair Hoffman  MOVED to REPORT  SCS CSHB 106(FIN)  out of                                                                    
committee   with   individual    recommendations   and   the                                                                    
accompanying fiscal  notes. There being NO  OBJECTION it was                                                                    
so ordered.                                                                                                                     
                                                                                                                                
SCS CSHB 106(FIN)  was REPORTED out of committee  with a "no                                                                    
recommendation"  and with  one new  fiscal impact  note from                                                                    
the  Department  of  Natural Resources  and  two  previously                                                                    
existing fiscal notes: FN7 (DEC); FN8 (DEC).                                                                                    
                                                                                                                                
9:13:43 AM                                                                                                                    
RECESSED                                                                                                                        
                                                                                                                                
ADJOURNED                                                                                                                     
                                                                                                                                
The meeting was adjourned.