SENATE RULES COMMITTEE                                         
                     May 5, 1998                                               
                      11:27 a.m.                                               
                                                                               
MEMBERS PRESENT                                                                
                                                                               
Senator Tim Kelly, Chair                                                       
Senator Loren Leman, Vice Chair                                                
Senator Robin Taylor                                                           
Senator John Torgerson                                                         
Senator Jim Duncan                                                             
                                                                               
MEMBERS ABSENT                                                                 
                                                                               
All members present                                                            
                                                                               
COMMITTEE CALENDAR                                                             
                                                                               
SENATE BILL NO. 231                                                            
"An Act making and amending capital appropriations and                         
reappropriations and capitalizing funds; and providing for an                  
effective date."                                                               
                                                                               
SENATE BILL NO. 360                                                            
"An Act authorizing the issuance of bonds in the amount of                     
$257,600,000 by the Alaska Housing Finance Corporation for certain             
capital projects; relating to those bonds and to the appropriation             
of revenue of the Alaska Housing Finance Corporation; and providing            
for an effective date."                                                        
                                                                               
PREVIOUS SENATE COMMITTEE ACTION                                               
                                                                               
SB 231 - Finance report 5/5/98.                                                
                                                                               
SB 360 - Finance report 5/5/98.                                                
                                                                               
ACTION NARRATIVE                                                               
                                                                               
TAPE 98-6 , SIDE A                                                             
                                                                               
CHAIRMAN KELLY called the Senate Rules Committee meeting to order              
at 11:27 a.m.                                                                  
                                                                               
SENATOR LEMAN moved and asked unanimous consent SB 231 -                       
APPROPS:CAPITAL/REAPPROP/FUNDS/OPERATING be approved for                       
calendaring at the discretion of the Chair.  Hearing no objection,             
it was so ordered.                                                             
                                                                               
SENATOR LEMAN moved and asked unanimous consent SB 360 - AHFC BONDS            
FOR CERTAIN CAPITAL PROJECTS be approved for calendaring at the                
discretion of the Chair.  Hearing no objection, it was so ordered.             
                                                                               
There being no further business to come before the committee, the              
meeting adjourned at 11:28 a.m.