SENATE FINANCE COMMITTEE                                                                                       
                      April 11, 2024                                                                                            
                        10:11 a.m.                                                                                              
                                                                                                                                
                                                                                                                                
10:11:15 AM                                                                                                                   
                                                                                                                                
CALL TO ORDER                                                                                                                 
                                                                                                                                
Co-Chair Hoffman called the Senate Finance Committee                                                                            
meeting to order at 10:11 a.m.                                                                                                  
                                                                                                                                
MEMBERS PRESENT                                                                                                               
                                                                                                                                
Senator Lyman Hoffman, Co-Chair                                                                                                 
Senator Donny Olson, Co-Chair                                                                                                   
Senator Bert Stedman, Co-Chair                                                                                                  
Senator Click Bishop                                                                                                            
Senator Jesse Kiehl                                                                                                             
Senator Kelly Merrick                                                                                                           
Senator David Wilson                                                                                                            
                                                                                                                                
MEMBERS ABSENT                                                                                                                
                                                                                                                                
None                                                                                                                            
                                                                                                                                
ALSO PRESENT                                                                                                                  
                                                                                                                                
Tim Grussendorf, Staff, Senator Lyman Hoffman;                                                                                  
                                                                                                                                
SUMMARY                                                                                                                       
                                                                                                                                
SB 187    APPROP: CAP; REAPPROP                                                                                                 
                                                                                                                                
          SB 187 was REPORTED out of committee and with six                                                                     
          "do pass" recommendations.                                                                                            
                                                                                                                                
SENATE BILL NO. 187                                                                                                           
                                                                                                                                
     "An  Act   making  appropriations,   including  capital                                                                    
     appropriations   and   other   appropriations;   making                                                                    
     reappropriations;  making appropriations  to capitalize                                                                    
     funds; and providing for an effective date."                                                                               
                                                                                                                                
10:11:48 AM                                                                                                                   
                                                                                                                                
Senator Kiehl MOVED to ADOPT the committee substitute for                                                                       
SB 187, Work Draft 33-GS2491\R (Dunmire, 4/10/24).                                                                              
                                                                                                                                
Co-Chair Hoffman OBJECTED for DISCUSSION.                                                                                       
                                                                                                                                
10:12:15 AM                                                                                                                   
                                                                                                                                
TIM GRUSSENDORF, STAFF, SENATOR LYMAN HOFFMAN, explained                                                                        
the changes. He stated that the overview was mainly                                                                             
intended for the public.                                                                                                        
                                                                                                                                
10:15:30 AM                                                                                                                   
AT EASE                                                                                                                         
                                                                                                                                
10:18:07 AM                                                                                                                   
RECONVENED                                                                                                                      
                                                                                                                                
10:18:19 AM                                                                                                                   
                                                                                                                                
Mr. Grussendorf explained the changes and totals within the                                                                     
committee substitute.                                                                                                           
                                                                                                                                
10:25:35 AM                                                                                                                   
                                                                                                                                
Co-Chair Hoffman WITHDREW the OBJECTION. There being NO                                                                         
further OBJECTION, it was so ordered.                                                                                           
                                                                                                                                
Co-Chair Stedman MOVED Conceptual Amendment 1, which was a                                                                      
typo correction on page 42, line 20:                                                                                            
                                                                                                                                
     Delete: "normal"                                                                                                           
     Insert: "Norman"                                                                                                           
                                                                                                                                
There being NO OBJECTION, it was so ordered.                                                                                    
                                                                                                                                
10:26:19 AM                                                                                                                   
AT EASE                                                                                                                         
                                                                                                                                
10:27:16 AM                                                                                                                   
RECONVENED                                                                                                                      
                                                                                                                                
10:27:36 AM                                                                                                                   
                                                                                                                                
Co-Chair Stedman MOVED Amendment 2.                                                                                             
                                                                                                                                
Co-Chair Hoffman OBJECTED for DISCUSSION.                                                                                       
                                                                                                                                
Mr. Grussendorf explained Amendment 2:                                                                                          
                                                                                                                                
     DEPARTMENT: Department of Commerce, Community and                                                                          
     Economic Development                                                                                                       
                                                                                                                                
    PROGRAM: Grants to Named Recipients (AS 37.05.316)                                                                          
                                                                                                                                
     CHANGE PROJECT TITLE: Alaska Municipal League - Local                                                                      
     Match to Increase Infrastructure Investment                                                                                
                                                                                                                                
     NEW PROECT TITME: Alaska Municipal League - Community                                                                      
     Grant Compliance and Technical Assistance                                                                                  
                                                                                                                                
     MAINTAIN: $1,2500,000 UGF                                                                                                  
                                                                                                                                
     EXPLANATION: Technical correction to project title.                                                                        
                                                                                                                                
Co-Chair Hoffman REMOVED his OBJECTION. There being NO                                                                          
OBJECTION, it was so ordered.                                                                                                   
                                                                                                                                
10:28:28 AM                                                                                                                   
AT EASE                                                                                                                         
                                                                                                                                
10:29:20 AM                                                                                                                   
RECONVENED                                                                                                                      
                                                                                                                                
Co-Chair Stedman MOVED Amendment 3.                                                                                             
                                                                                                                                
Co-Chair Hoffman OBJECTED for discussion.                                                                                       
                                                                                                                                
Mr. Grussendorf explained Amendment 3:                                                                                          
                                                                                                                                
     Page 56, following line 16:                                                                                                
     Insert new bill sections to read:                                                                                          
     "*Sec. 23 RETROACTIVITY Sections 4 and 7 - 9 of this                                                                       
     Act are retroactive to May 15, 2024.                                                                                       
     *Sec. 24 Section 23 of this Act takes effect                                                                               
     immediately under as 01.10.070(c)                                                                                          
                                                                                                                                
     Renumber the following bill sections accordingly.                                                                          
                                                                                                                                
     Page 56, line 19:                                                                                                          
     Delete "secs. 23 and 24"                                                                                                   
     Insert "secs. 24 - 26"                                                                                                     
                                                                                                                                
Co-Chair Hoffman WITHDREW the OBJECTION. There being NO                                                                         
further OBJECTION, it was so ordered.                                                                                           
                                                                                                                                
10:30:24 AM                                                                                                                   
AT EASE                                                                                                                         
                                                                                                                                
10:30:31 AM                                                                                                                   
RECONVENED                                                                                                                      
                                                                                                                                
Co-Chair Stedman MOVED to REPORT SB 187 from committee with                                                                     
individual recommendations. There being NO OBJECTION, it                                                                        
was so ordered.                                                                                                                 
                                                                                                                                
SB 187 was REPORTED out of committee and with six "do pass"                                                                     
recommendations.                                                                                                                
                                                                                                                                
ADJOURNMENT                                                                                                                   
10:31:54 AM                                                                                                                   
                                                                                                                                
The meeting was adjourned at 10:31 a.m.