The Republican-led Majority took important steps this session to alleviate the threat of impending fiscal disaster with the creation of the House Special Committee on Ways and Means. We believe it is urgent to bring state spending and revenue into balance in order to continue providing essential state services and to protect the state's economic stability. The Special Committee on Ways and Means was charged with a vital mission: To consider methods to control state spending and identify ways to make state programs more efficient while proposing new revenue raising measures for the state. Although they convened for only the last two months of the session, they passed out of committee proposals to constitutionally limit state spending (HJR 9) and to change the Permanent Fund to an endowment style management (HJR 26). They introduced a state sales and use tax that requires more work in the next session, and, most importantly, they developed the conceptual components for a long-range fiscal policy that will form the basis for the committee's continued efforts.

Background on Alaska’s Finances

Although 80% of the state’s unrestricted revenues are from oil, this revenue is declining due to a decrease in production at Prudhoe Bay that has not been balanced by increased production in other fields. Because our state government spending has exceeded our revenue by several hundred million for 10 of the last 12 years, previous Legislatures have covered the deficit by withdrawing money from the CBR. Only $2 billion remain in the CBR, which will last at the most optimistic estimate only until FY ’06, depending on the price of oil.

The options for balancing the state’s budget are limited to a combination of budget reductions, economic development, business or excise taxes, user fees, Permanent Fund earnings, and sales or income taxes. Budget cuts alone won’t solve the problem because small cuts won’t approach what is needed and large cuts will compromise or eliminate essential state services. The Institute of Social and Economic Research at the University of Alaska estimates that every $1 million in state budget cuts will cost $900,000 in federal funds, 10 state and local government jobs, and eight private sector jobs. Non-oil economic development won’t close the budget gap either because Alaska’s other resource industries are small and contribute less than 10% percent annually of what oil revenue contributes to the state.

Alaska’s fiscal problems are confounded by what is called the “Alaska Disconnect,” whereby new jobs cost state and local governments more than they generate in tax revenues. Any long-term solution to Alaska’s fiscal situation must incorporate sustainable methods to reduce the drain on the state of new job creation.

The Components of a Long-Range Fiscal Policy

I.    Managing the Cost and Growth of Public Services

Ways and Means Committee worked on and passed out HJR 9, a resolution supporting a constitutional spending limit. This is important component of the plan will serve to assure the general public that if they are asked to contribute revenue to the state that it won’t be spent frivolously by the Legislature. Although HJR 9 did not pass the Legislature this session, it will continue to be worked on in the next session and hopefully passed in time to be placed before the people of Alaska in the 2004 election.

Additional components to managing the cost and growth of public services are finding reductions in non-essential programs, containing formula growth, outsourcing to the private sector, and reducing statewide administration costs. Department reductions and consolidations can be found in the “Departmental Highlights” of the Operating Budget Section in this book. The House passed several bills this session that also support the goal of managing the cost and growth of state services:

• HB 154 prohibits districts from constructing curriculums that offer two years of kindergarten as a standard program.
• HB 171 discontinues the state start-up grants for charter schools beginning FY’05 to be replaced by increased federal funds.
• HB 165 repeals the grant program to provide assistance to local communities in the initial development, implementation, and operations of community school programs.
• HB 215 amends the one-percent for art provision of the Art in Public Places program.

II.    Managing the Permanent Fund to Protect its Real Value Over Time While Providing a Substantial Individual Dividend and a Contribution to the Cost of Public Services

The Ways and Means committee passed out HJR 26, which, if passed by the Legislature next session and accepted by the voters of Alaska in 2004, will change the Permanent Fund to an endowment style management, otherwise known as the Percent of Market Value (POMV) approach. With a POMV approach, the entire Fund will be constitutionally inflation-proofed; the amount available to appropriate will be limited to real income over time; there is greater stability during volatile markets; it is compatible with a long-term investment strategy of achieving a five-percent real rate of return over time; and annual appropriations will be predictable.

The Ways and Means Committee also worked on but has not yet passed companion legislation that would determine what percentage of the five-percent spending limit should be distributed to dividends and for government services. Currently, data indicates that the best way to both cover the cost of government services and pay a substantial, predictable dividend, without going into deficit spending, is to spend 60% on government services and 40% on dividends. This will continue to receive hearings and move through the committee process in the second session.

III.    Structuring a General Revenue System

A structured general revenue system may incorporate revenue from many sources, including excise taxes on alcohol, tobacco, motor fuels and rental vehicles; user fees and program receipts; licenses and permits; public corporation dividends; insurance premium fees; seafood industry taxes and fees; gaming; broad based taxes on income and consumption; and hydrocarbon revenues. In developing such a system, the Ways and Means committee aims to minimize the need for broad based taxation of individuals and to accommodate local governments’ tax structures. The committee introduced a bill to levy a sales and use tax that would have raised approximately $300 million, but it did not have enough support from either body. This and other revenue generating proposals will continue to be worked on through the interim and in the second session.

The House passed important legislation to begin movement on the process of structuring a responsible revenue system:

• HB 11 returns the percentage of all oil royalty payments to the constitutionally mandated 25-percent and re-directs the additional 25-percent from newer oil fields to the General Fund to reduce our draw from the CBR to balance our state budget.
• HB 162 increases the fee for a business license.
• HB 170 equalizes registration fees between pick-up trucks and passenger vehicles.
• HB 203 stabilizes the AIDEA dividends paid to the General Fund and creates a dividend formula from AIDEA that will provide a $9-18 million dividend to the state in FY’04.
• HB 256 maintains the amount of transfer funds from the AHFC at $103 million for FY’04 through FY’06 and creates a percentage arrangement for the years following.
• HB 271 helps share the cost of tourism marketing and road maintenance with the visitors who benefit from state contributions by levying a 10-percent sales tax on rental passenger vehicles and a three-percent sales tax on the rental of recreational vehicles.
• SB 168 more adequately regulates the collection of taxes on cigarettes by affixing a stamp on legally acquired cigarettes. This is could result in $3-20 million in revenue that is currently being lost.

IV.    Real Economic Growth

A key element to a sustainable long-range fiscal policy is real economic growth. While encouraging increased exploration of our oil and gas resources is vital to the state’s fiscal future, we are also exploring ways to revitalize our other traditional industries of fishing, mining, timber and tourism, while creating and strengthening newer industries. Technology, hydrocarbon, finance, and manufacturing will all play a pivotal role in Alaska’s financial future, and we are investigating ways to support these emerging industries.

V.    A Balanced Budget Requirement Incorporating a Mechanism to Mitigate the Consequences of Oil Price Volatility on the General Revenue System.

In order to mitigate the uncertain consequences of oil price volatility each year, the House Special Committee on Ways and Means has recommended that we maintain a one-year cash reserve approximately equal to the annual General Fund appropriation. They have also suggested a revolving ”credit line” concept to which we would repay draws before reducing general revenue system income. In addition, they propose that we should reduce the general revenue system income when our reserves are adequate.

2003 Successful Legislation

HB 11 : Deposits To The Permanent Fund
Signed into Law! Chapter 22 SLA 03
Sponsored by Rep. Norman Rokeberg

An Act relating to deposits to the Alaska permanent fund from mineral lease rentals, royalties, royalty sale proceeds, net profit shares under AS 38.05.180(f) and (g), federal mineral revenue sharing payments received by the state from mineral leases, and bonuses received by the state from mineral leases, and limiting deposits from those sources to the 25 percent required under art. IX, sec. 15, Constitution of the State of Alaska; and providing for an effective date.

05-17-03 : Gov. Murkowski signed HB 11 into law. Sponsored by Rep. Norman Rokeberg (R-Anchorage), HB 11 changes the statute that directs 50-percent of Alaska's mineral revenues to the Permanent Fund and returns the amount to the constitutionally required 25-percent.

| Sponsor Statement |

HB 154 : Under School Age Students
Signed into Law! Chapter 50 SLA 03
Sponsored by the Hou. Rules Committee
Requested by Gov. Frank Murkowski

An Act relating to admission to and advancement in public schools of children under school age; and providing for an effective date.

06-06-03 : Gov. Murkowski signed HB 154 into law. Sponsored by the House Rules Committee on request of the governor, HB 154 removes a school district's ability to offer early entry as standard practice to access the foundation formula and provide state funded pre-school programs. HB 154 prohibits districts from constructing curriculums that offer two years of kindergarten as a standard program.

| Gov's Transmittal Letter |

HB 162 : Increase Business License Fee
Signed into Law! Chapter 47 SLA 03
Sponsored by the Hou. Rules Committee
Requested by Gov. Frank Murkowski

An Act increasing the fee for a state business license; and providing for an effective date.

06-09-03 : Gov. Murkowski signed HB 162 into law. Sponsored by the House Rules Committee by request of the governor, HB 162 increases the fee for a business license.

| Gov's Transmittal Letter |

HB 165 : Community Schools
Signed into Law! Chapter 99 SLA 03
Sponsored by the Hou. Rules Committee
Requested by Gov. Frank Murkowski

An Act relating to community schools; and providing for an effective date.

06-16-03 : Gov. Murkowski signed HB 165 into law. Sponsored by the House Rules Committee on request of the governor, HB 165 repeals the grant program to provide assistance to local communities in the initial development, implementation and operations of community school programs. All school districts currently offer a community schools program.

| Gov's Transmittal Letter |

HB 170 : Motor Vehicle Registration Fees
Signed into Law! Chapter 38 SLA 03
Sponsored by the Hou. Rules Committee
Requested by Gov. Frank Murkowski

An Act increasing certain motor vehicle registration fees; and providing for an effective date.

06-02-03 : Gov. Murkowski signed HB 170 into law. Sponsored by the House Rules Committee on request of the Governor, HB 170 equalize registration fees between pick-up trucks and passenger vehicles, adjust commercial and private vehicle registration fees, and update vehicle recording and lien fees.

| Gov's Transmittal Letter |

HB 171 : Repeal Charter School Grants
Signed into Law! Chapter 100 SLA 03
Sponsored by the Hou. Rules Committee
Requested by Gov. Frank Murkowski

An Act repealing the charter school grant program; and providing for an effective date.

06-16-03 : Gov. Murkowski signed HB 171 into law. Sponsored by the House Rules Committee on request of the Governor, HB 171 discontinues the state start-up grants for charter schools.

| Gov's Transmittal Letter |

HB 174 : Correspondence Study
Signed into Law! Chapter 114 SLA 03
Sponsored by the Hou. Rules Committee
Requested by Gov. Frank Murkowski

An Act relating to the state centralized correspondence study program, to funding for educational programs that occur primarily outside school facilities, and to the duties of school boards of borough and city school districts and regional educational attendance areas; and providing for an effective date.

05-19-03 : The Alaska State Senate approved House Bill 174 by a vote of 12 to eight on Monday. Sponsored by the House Rules Committee on request of the governor, HB 174 eliminates the Alyeska Central School's summer program in summer 2003, and the entire program in summer 2004. After a reconsideration vote, HB 174 will move to the Governor.

| Gov's Transmittal Letter |

HB 203 : AIDEA Dividends To State
Signed into Law! Chapter 75 SLA 03
Sponsored by the Hou. Finance Committee

An Act relating to the definitions of 'net income' and 'unrestricted net income' for purposes of calculating the dividends to be paid to the state by the Alaska Industrial Development and Export Authority; and providing for an effective date.

05-12-03 : The Alaska State Senate unanimously approved House Bill 203 by a vote of 20 to zero on Monday. Sponsored by the House Finance Committee, HB 203 further clarifies the definition of income that AIDEA uses to determine the dividend it will pay back to the state. HB 203 excludes expenses recorded as a result of recognizing impairment losses on development projects owned and operated by the authority. Impairment losses do not require current or future cash expenditure. Impairment losses recognize a write-down of the carrying value of physical assets paid for in the past.
After a vote of reconsideration, HB 203 moves to the Governor.

| Sponsor Statement |

HB 215 : Repeal One Percent For Art
Passed House!
Sponsored by Rep. Bill Stoltze

An Act repealing statutes that relate to art works in public buildings and facilities and that require a set percentage of construction costs to be spent on art.

05-17-03 : House Bill 215 moved out of the Senate State Affairs Committee on Saturday. Sponsored by Rep. Bill Stoltze (R-Chugiak/Mat-Su), HB 215 adjusts the requirement that a percent of state capital expenditures for public buildings and facilities be set aside to acquire works of art for display in those facilities. HB 215 moves to the Senate Finance Committee.

| Sponsor Statement |

HB 256 : Dividend Payment To State By AHFC
Signed into Law! Chapter 76 SLA 03
Sponsored by the Hou. Finance Committee

An Act relating to a dividend payment to the state made by the Alaska Housing Finance Corporation each fiscal year; and providing for an effective date.

05-19-03 : The Alaska State Senate approved House Bill 256 by a vote of 12 to eight on Monday. Sponsored by the House Finance Committee, HB 256 amends and codifies the agreement between the Alaska Housing Finance Corporation and the Legislature calling for the transfer of AHFC's net income to the State General Fund in the form of an annual dividend that funds debt service for certain bonds and capital projects. After a reconsideration vote, HB 256 will move to the House for concurrence.

| Sponsor Statement |

HB 271 : Passenger Vehicle Rental Tax
Signed into Law! Chapter 105 SLA 03
Sponsored by Rep. Pete Kott

An Act levying and providing for the collection and administration of an excise tax on passenger vehicle rentals; and providing for an effective date.

06-16-03 : Gov. Murkowski signed HB 271 into law. Sponsored by House Speaker Pete Kott (R-Eagle River), HB 271 levies a ten-percent sales tax on rental passenger vehicles and a three-percent sales tax on rental recreational vehicles.

| Sponsor Statement |

SB 2 : Parent Liability For Damage By Child
Sponsored by Sen. Fred Dyson

An Act relating to recovery of civil damages from the parents or legal guardian of a minor; and providing for an effective date.

05-09-03 : Senate Bill 2 passed out of the Senate Judiciary Committee Friday. Sponsored by Sen. Fred Dyson (R-Eagle River), SB 2 would allow recovery of civil damages from the parents or legal guardian of a minor.
SB 2 moves next to the Senate Rules Committee.

| Sponsor Statement |

SB 13 : Insurance Discrimination By Credit Rating
Signed into Law! Chapter 150 SLA 2003
Sponsored by Sen. John Cowdery, Sen. Kim Elton

An Act prohibiting discrimination in insurance rates based on credit rating or credit scoring; and providing for an effective date.

08-06-03 : Governor Murkowski signed SB 13 into law. Sponsored by Sen. John Cowdery (R-Anchorage) and Sen. Kim Elton (D-Juneau), SB 13 would prohibit insurance companies in Alaska from using credit scores in underwriting or rate setting for car or home insurance.

| Sponsor Statement | [PDF - 1 page - 23 KB]

SB 20 : Extend Board Of Marine Pilots
Signed into Law! Chapter 10 SLA 03
Sponsored by Sen. Gene Therriault, Sen. Fred Dyson

An Act extending the termination date of the Board of Marine Pilots; and providing for an effective date.

04-22-03 : Governor Murkowski signed Senate Bill 20 into law on Tuesday. Sponsored by Sen. Gene Therriault (R-North Pole), SB 20 would extend the termination date of the Board of Marine Pilots.

| Sponsor Statement |

SB 25 : AHFC Loans To Educators
Signed into Law! Chapter 126 SLA 2003
Sponsored by Sen. Gary Wilken

An Act relating to the teachers' housing loan program in the Alaska Housing Finance Corporation; and providing for an effective date.

06-18-03 : Gov. Murkowski signed SB 25 into law. Sponsored by Sen. Gary Wilken (R-Fairbanks), SB 25 would provide an incentive for trained teachers, counselors, and administrators to enter into the profession and settle down in local communities, by providing them with no money down financing for a home.

| Sponsor Statement |

SB 26 : State Employees Called To Military Duty
Signed into Law! Chapter 65 SLA 03
Sponsored by Sen. Robin Taylor, Sen. Kim Elton

An Act relating to state employees who are called to active duty as reserve or auxiliary members of the armed forces of the United States; and providing for an effective date.

| Sponsor Statement | [PDF - 1 page - 20 KB]

SB 30 : Abortion: Informed Consent; Information
Passed Legislature! Await Transmit to Gov.
Sponsored by Sen. Fred Dyson

An Act relating to information and services available to pregnant women and other persons; and ensuring informed consent before an abortion may be performed, except in cases of medical emergency.

Version: CCS SB 30
Contact: Jason Hooley, 465-3762
Action: 05-11-04: Waiting transmittal to Governor

Requires that information be prepared and made available via the Internet to women seeking abortions on the medical risks of abortion and its alternatives, and where services can be sought, by geographic region. Requires a physician or other health care provider performing an abortion to obtain voluntary and informed consent as defined in the bill. Requires the Bureau of Vital Statistics to collect and record data on whether each reported patient requested and received a written copy of information on reproductive options required to be maintained on the Internet.

| Sponsor Statement |
| Fact Sheet | [PDF - 1 Page - 29 KB]

SB 41 : Medicaid Costs And Crimes
Signed into Law! Chapter 66 SLA 03
Sponsored by Sen. Lyda Green

An Act relating to medical care and crimes relating to medical care, including medical care and crimes relating to the medical assistance program.

06-11-03 : Gov. Murkowski signed SB 41 into law. Sponsored by Sen. Lyda Green (R-Mat-Su), SB 41 provides the legal tools for the fiduciaries of the Medicaid program to establish program integrity and maintain maximum fiscal control.

| Sponsor Statement |

SB 43 : Extend State Medical Board
Signed into Law! Chapter 20 SLA 03
Sponsored by Sen. Donny Olson

An Act extending the termination date of the State Medical Board.

SB 45 : LB&A Crimes And Cooperation
Signed into Law! Chapter 67 SLA 03
Sponsored by Sen. Lyda Green

An Act relating to the Legislative Budget and Audit Committee.

06-11-03 : Gov. Murkowski signed SB 45 into law. Sponsored by Sen. Lyda Green (R-Mat-Su), SB 45 would provide prosecutors with the necessary tools to deter and punish those who hinder the investigative work of the legislative budget and audit committee. It also clarifies that information requested from state officials or agencies of state government cannot be claimed to be privileged, except from department commissioners.

| Sponsor Statement |

SB 78 : Medicaid For Breast & Cervical Cancer
Signed into Law! Chapter 9 SLA 03
Sponsored by Sen. Lyda Green

An Act relating to an optional group of persons eligible for medical assistance who require treatment for breast and cervical cancer; relating to cost sharing by those recipients under the medical assistance program; and providing for an effective date.

04-22-03 : Governor Murkowski signed Senate Bill 78 into law on Tuesday. Sponsored by Sen. Lyda Green (R-Mat-Su), SB 78 would remove the sunset provision of the 2001 legislation and allows for women who have been participating the program to continue, as well as allowing access to the program for women who will be diagnosed in the future.

| Sponsor Statement |

SB 79 : Extend Alaska Minerals Commission
Signed into Law! Chapter 17 SLA 03
Sponsored by Sen. Ben Stevens

An Act extending the termination date of the Alaska Minerals Commission.

05-06-03 : The Alaska State Governor signed into law Senate Bill 79 on Tuesday. Sponsored by Sen. Ben Stevens (R-Anchorage), SB 79 would extend the termination date of the Alaska Minerals Commission.

| Sponsor Statement |

SB 100 : Appropriations: Capital Projects
Signed into Law! Chapter 82 SLA 2003
Sponsored by the Sen. Rules Committee
Requested by Gov. Frank Murkowski

An Act making capital appropriations and reappropriations; capitalizing a fund; 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.

05-21-03 : Senate Bill 100 passed and received concurrence from both bodies of the Legislature Wednesday. Sponsored by the Rules Committee at the Request of the Governor, SB 100 makes general fund appropriation for capital projects around the State.
SB 100 moves next to the Governor for his signature.

| Gov's Transmittal Letter |

SB 128 : Common Carrier Liquor License
Signed into Law! Chapter 151 SLA 2003
Sponsored by Sen. John Cowdery

An Act relating to licensing common carriers to dispense alcoholic beverages; and providing for an effective date.

08-06-03 : Governor Murkowski signed SB 128 into law. Sponsored by Sen. John Cowdery (R-Anchorage), SB 128 would apply to issuance of a new common carrier dispensary license or renewal of a common carrier dispensary license that occurs on or after the effective date of this Act.

| Sponsor Statement |

SB 147 : Control Of Nuisance Wild Animals
Signed into Law! Chapter 132 SLA 2003
Sponsored by Sen. Lyda Green

An Act relating to control of nuisance wild animals; and providing for an effective date.

07-01-03 : Governor Murkowski signed SB 147 into law. Sponsored by Sen. Lyda Green (R-Mat-Su), SB 147 would provide authority to the Alaska Board of Game to adopt regulations to allow issuance of permits and licenses to sanctioned designees to control nuisance wild birds and nuisance wild small mammals. Currently, there is no statutory authority for nuisance wildlife control and the means by which ADF&G can sell a license or issue a permit. SB 147 moves next to the governor for his signature.

| Sponsor Statement |
| ADF&G Fiscal Note | [PDF - 1 Page - 10 KB]

SB 148 : PFD: Allowable Absence For Military SVC
Signed into Law! Chapter 69 SLA 03
Sponsored by Sen. John Cowdery

An Act relating to allowable absences for certain members of the armed forces and their spouses and dependents for purposes of eligibility for permanent fund dividends; and providing for an effective date.

06-11-03 : Gov. Murkowski signed SB 148 into law. Sponsored by Sen. John Cowdery (R-Anchorage), SB 148 would change the allowable absences for certain members of the armed forces and their spouses and dependents for purposes of eligibility for permanent fund dividends.

| Sponsor Statement |

SB 149 : Repeal Certain Timber Sale Requirements
Signed into Law! Chapter 153 SLA 2003
Sponsored by Sen. Robin Taylor

An Act relating to timber and to the sale of timber by the state.

08-08-03 : Governor Murkowski signed SB 149 into law. Sponsored by Sen. Robin Taylor (R-Wrangell), SB 149 would repeal certain timber sale requirements.

SB 157 : Inpatient Psychiatric Services
Signed into Law! Chapter 137 SLA 2003
Sponsored by Sen. Lyda Green

An Act relating to inpatient psychiatric services for persons who are under 21 years of age and are either eligible for medical assistance or are in the custody of the Department of Health and Social Services.

07-10-03 : Governor Murkowski signed Senate Bill 157 into law. Sponsored by Sen. Lyda Green (R-Mat-Su), SB 157 would require the Department of Health and Social Services to use in state facilities, where available, for the psychiatric treatment of eligible persons.

| Sponsor Statement |

SB 168 : Cigarette Sale/Distribution
Signed into Law! Chapter 109 SLA 2003
Sponsored by the Sen. Labor & Commerce Committee

An Act relating to issuance and revocation of licenses for the importation, sale, distribution, or manufacture of cigarettes and tobacco products; relating to a tax refund or credit for unsaleable, returned, or destroyed tobacco products; relating to restrictions on shipping or transporting cigarettes; relating to records concerning the sale of cigarettes; amending and adding definitions relating to cigarette taxes; relating to the payment of cigarette taxes; relating to penalties applicable to cigarette taxes; relating to the definition of the wholesale price of tobacco products; relating to payment of cigarette taxes through the use of cigarette tax stamps; relating to provisions making certain cigarettes contraband and subject to seizure and forfeiture; relating to certain crimes, penalties, and interest concerning tobacco taxes and sales; and providing for an effective date.

06-16-03 Gov. Murkowski signed SB 168 into law. Sponsored the Senate Labor and Commerce Committee, SB 168 would more adequately regulate the collection of taxes on cigarettes. There is an unknown quantity of untaxed cigarettes imported into the state of Alaska every year and existing laws make it difficult to track their numbers. All cigarette purchasers should be paying tax equally, whether purchasing over the counter or over the Internet.

| Sponsor Statement |

SB 177 : PERS/TRS Cola For Active Duty Military
Signed into Law! Chapter 70 SLA 03
Sponsored by Sen. Ben Stevens

An Act relating to cost-of-living benefits for retired members in the public employees' retirement system and the teachers' retirement system who are called to active military duty; and providing for an effective date.

06-11-03 : Gov. Murkowski signed SB 177 into law. Sponsored by Sen. Ben Stevens (R-Anchorage), SB 177 would relate to cost-of-living benefits for retired members in the public employees' retirement system and the teachers' retirement system that are called to active military duty.

| Sponsor Statement |

SB 185 : Royalty Reduction On Certain Oil
Signed into Law! Chapter 59 SLA 03
Sponsored by Sen. Thomas Wagoner

An Act providing for a reduction of royalty on certain oil produced from Cook Inlet submerged land.

06-11-03 : Gov. Murkowski signed SB 185 into law. Sponsored the Senator Tom Wagoner (R-Kenai/Soldotna), SB 185 would amend statutes to provide for reduction of royalty on oil produced in certain Cook Inlet fields and platforms as they near the end of their production capability.

| Sponsor Statement |
| Amendment Offered in Senate Finance | [PDF file - 4 Pages - 168 KB]
| Explanation for Amendment | [PDF file - 1 Page - 30 KB]

SCR 1 : Support Roads/Hot Springs Loop Road
Passed Legislature! Leg. Resolve 9
Sponsored by Sen. Gary Wilken

Relating to economic development generated by new road construction and to the design and construction of the Hot Springs Loop Road to connect Chena Hot Springs and Circle Hot Springs.

04-09-03 : The Senate concurred with the House amendment for Senate Concurrent Resolution 1 by a vote of 14 to five on Wednesday. Sponsored by Sen. Gary Wilken (R-Fairbanks), SCR 1 encourages new economic development generated by new road construction.
Permanently Filed: 04-24-03.

| Sponsor Statement |

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