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Alaska State Legislature
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23rd Alaska State Legislature
The 23rd Alaska State Legislature
Alaska State House Finance Committee
Rep. John Harris, Co-Chair Rep. Bill Williams, Co-Chair

Click image for large 5'' x 7'' portrait

Rep. John Harris
State Capitol, Room
Juneau, AK 99801-1182
Phone: (907)
Fax: (907) 465-3799
      Click image for large 5'' x 7'' portrait

Rep. Bill Williams
State Capitol, Room 511
Juneau, AK 99801-1182
Phone: (907) 465-3424
Fax: (907) 465-3793


Staff Alaska State Legislature
· Meets 1:30pm
Mon, Tue, Wed, Thr & Fri
Room 519


 
James Armstrong
Finance Committee Aide
465-3424 (Jan-May)
269-0127 (Jun-Dec)
Peter Ecklund
Finance Committee Aide
465-3424 (Jan-May)
247-4672 (Jun-Dec)
Tom Wright
Finance Committee Aide
465-4859 (Jan-May)
269-0267 (June-Dec)

Committee Members Alaska State Legislature
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Co-Chairs
Rep. John Harris


Rep. Bill Williams

Members
Rep. Kevin Meyer, Vice-Chair
Rep. Mike Chenault
Rep. Hugh Fate
Rep. Richard Foster
Rep. Mike Hawker
Rep. Bill Stoltze
Rep. Eric Croft
Rep. Reggie Joule
Rep. Carl Moses

Press Releases Alaska State Legislature
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Committee Legislation Committee Legislation
 

05-04-04: House Passes Gaming Bill

04-22-04: House Finance Committee Passes Bill To Protect Environment, Support Timber Industry
HB 546 Puts Alaskans in Charge of Wastewater Permitting for Timber

04-06-04: Alaska House Passes Operating Budget

03-30-04: Williams Secures $40 Million for the Marine Highway
$8 Million Increase For Vessel Operations

03-09-04: House Finance Committee Leaders Tour Southeast Infrastructure Needs

01-15-04: Alaska Seniors Top Priority in First Week of Session
Thumbs Up for SeniorCare Program

12-04-03: Kott Swears In Stepovich
Legislators Shuffle Committee Assignments

05-12-03: Senate Approves Revision of AIDEA Dividend Statute
Will Stabilize AIDEA Dividends to General Fund

04-29-03: House Clarifies Definition of Income for AIDEA
Provides Steady, Stable Dividend Payments

04-24-03: House Approves Changes to AHFC Dividend
Provides Fiscal Certainty to State and Corporation

04-10-03: House Approves Operating Budget
Controls Spending and Maintains Vital Services
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03-17-03: Governor Signs Supplemental Budget
$71.8 Million Funds Disaster Relief, Support to Open ANWR
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03-07-03: House Approves Supplemental Budget
Most Funds for Natural Disaster Relief and Budget Shortfalls
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02-26-03: House Approves Funds for ANWR Effort
Appropriations Support Education About Exploration
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02-20-03: House Majority Fills Vacant Seat on Finance Committee
Rep. Mike Chenault Replaces Senate Appointee Gary Stevens
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02-03-03: House Prepares for Budget Process
Representatives Assigned to House Finance Budget Subcommittees


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HB 101 : Appropriation: Grant to Arctic Power for ANWR
Passed House!
Sponsored by the Hou. Finance Committee

An Act making a special appropriation for a grant to Arctic Power to promote the opening of the Arctic National Wildlife Refuge for oil and gas exploration and development; and providing for an effective date.

02-26-03 : The Alaska House of Representatives passed House Bill 101 by a vote of 34 to three on Wednesday. Sponsored by the House Finance Committee, HB 101 appropriates $1.1 million in general funds to Arctic Power to promote the opening of the Arctic National Wildlife Refuge for oil and gas developments. The Native Village of Kaktovik and the governor's office will receive $100,000 each for the same purpose. HB 101 moves to the Senate.

| Sponsor Statement |

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 229 : Parole For Medical/Cognitive Disability
Signed into Law! Chapter 25 SLA 03
Sponsored by the Hou. Finance Committee

An Act relating to special medical parole and to prisoners who are severely medically and cognitively disabled.

05-18-03 : Gov. Murkowski signed HB 229 into law. Sponsored by the House Finance Committee, HB 229 allows prisoners with medical or cognitive disabilities to be released on parole. The prisoner's condition must be such that he or she will not pose a threat to the public. HB 229 also authorizes a SARS control program.

| Sponsor Statement |
| Sectional Analysis |

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 280 : Commercial Motor Vehicles: Regulations
Signed into Law! Chapter 80 SLA 03
Sponsored by the Hou. Finance Committee

An Act relating to the regulation of commercial motor vehicles to avoid loss or withholding of federal highway money, and to out-of-service orders concerning commercial motor vehicles; amending Rule 43.1, Alaska Rules of Administration; and providing for an effective date.

06-12-03 : Gov. Murkowski signed HB 280 into law. Sponsored by the House Finance Committee, HB 280 transfers certain authority to regulate motor vehicles from the Department of Public Safety to the Department of Transportation and Public Facilities.

| Sponsor Statement |

HB 318 : Operating Budget Missions And Measures
Sponsored by the Hou. Finance Committee

An Act relating to missions and measures to be applied to certain expenditures by the executive branch of state government and the University of Alaska and by the judicial branch of state government from the state operating budget for the fiscal year ending June 30, 2004; and providing for an effective date.

HB 378 : Food, Drugs, Cosmetics, Certain Devices
Passed Legislature! Await Transmit to Gov.
Sponsored by the Hou. Finance Committee

An Act relating to the Alaska Food, Drug, and Cosmetic Act, including sales, advertising, certain devices, food donors, and food banks; making certain violations of organic food provisions and of the Alaska Food, Drug, and Cosmetic Act unfair methods of competition and unfair or deceptive acts or practices under certain of the state's unfair trade practices and consumer protection laws; and providing for an effective date.

Version: HB 378
Contact: Geraldine McIntosh, 465-3424
Action: 05-06-04: Passed the Senate

The bill makes it possible for DEC to require food-handling operators to become trained and certified and assess fines. Both of these capacities are needed as part of the new food safety paradigm - Active Managerial Control. In addition, the bill defines a violation of labeling or advertising as a violation of the unfair trade and consumer protection provisions.

| Sponsor Statement |

HB 422 : Budget Reserve Fund Investment
Passed House!
Sponsored by the Hou. Finance Committee

An Act repealing the special subaccount established in the constitutional budget reserve fund; relating to the powers of the Department of Revenue for the investment of amounts in the constitutional budget reserve fund; and providing for an effective date.

Version: CS HB 422 (STA)
Contact: James Armstrong, 465-3424
Action: 05-09-04: (S)FIN (S)RLS

House Bill 422 would repeal the Constitutional Budget Reserve (CBR) sub account and allow the entire CBR balance to be invested in fixed income securities along with the general fund and other non-segregated money.

| Sponsor Statement |

HB 503 : Tobacco Master Settlement Agreement
Passed House!
Sponsored by the House Finance Committee

An Act relating to the tobacco product Master Settlement Agreement; and providing for an effective date.

Version: HB 503
Contact: Tom Wright, 465-4859
Action: 04-19-04: (S)JUD » (S)FIN

House Bill 503 closes a loophole in the model statutes that costs states a significant amount in MSA payments every year.

| Sponsor Statement | Sectional Analysis |

HB 516 : Bad Check Charge
Sponsored by the Hou. Finance Committee

An Act relating to a charge for a bad check.

Version: CSHB 516 (STA)
Contact: James Armstrong, 465-3424
Action: 03-08-04: (H)STA ==> (H)JUD

This bill raises the bad check charge from a maximum of $25 to a maximum of $30

| Sponsor Statement |

HB 548 : State Mechanical Code
Sponsored by the Hou. Finance Committee

An Act relating to the state's mechanical code, to mechanical contractors and mechanical administrators, to mechanical standards and inspections involved in certain housing loans, and to the adoption of the state's mechanical code; and providing for an effective date.

HB 552 : Gambling & Gaming
Passed House!
Sponsored by the Hou. Finance Committee

An Act relating to the creation of the Alaska Gaming Commission to regulate gambling; authorizing the Alaska Gaming Commission to license gambling games and gambling casino owners and suppliers and to issue occupational licenses for gambling employees; limiting casino gambling to municipalities with a population of 150,000 or more; allowing the Alaska Gaming Commission to issue only one owner's license for a gambling casino in certain municipalities with a population of 150,000 or more; creating crimes relating to gambling and setting requirements for gambling; creating the state gaming fund in the general fund; setting a gross receipts tax on gambling games; limiting the authority of a municipality to tax the adjusted gross receipts of gambling games.

Version: CS HB 552 (FIN) Am
Contact: Sue Stancliff
Action: 05-03-04: Passed the House

Establishes a gaming commission to oversee present and any future gaming operations. Allows a municipality to hold an election to determine whether or not gaming should be allowed.

HB 553 : Permanent Fund Appropriations & Investments
Sponsored by the Hou. Finance Committee

An Act relating to investments of the Alaska permanent fund and to the income of and appropriations from the Alaska permanent fund and making conforming amendments; relating to the determination of net income of the mental health trust fund; and providing for an effective date.

Version: HB 553
Contact: Pete Ecklund 465-3424
Action: 04-14-04: (H)FIN » (H)RLS

HB 553 is effective only if a Percent of Market Value (POMV) constitutional amendment is approved by the voters during the 2004 general election and takes effect. HB 553 provides conforming language to existing statue to accommodate changing the constitutional requirement that all income of the Permanent Fund be deposited into the general fund to the more limiting appropriation mechanism of 'up to 5%' of market value in the proposed POMV constitutional amendments which protect the fund's principal.

| Sponsor Statement |
| Sectional Analysis |

HB 559 : STEP Program Continuance
Passed Legislature! Await Transmit to Gov.
Sponsored by the Hou. Finance Committee

An Act repealing the termination of the state training and employment program; and providing for an effective date.

Version: HB 559 Am
Contact: Tom Wright, 465-3424
Action: 05-10-04: Passed the Senate

House Bill 559 reauthorizes the State Training and Employment Program (STEP), which was established by the Legislature in 1989.

| Sponsor Statement |

HCR 20 : Suspend Uniform Rules For SB 115
Passed Legislature! Leg. Resolve 17
Sponsored by the Hou. Finance Committee

Suspending Rules 24(c), 35, 41(b), and 42(e), Uniform Rules of the Alaska State Legislature, concerning Senate Bill No. 115, relating to correctional industries.

HCR 34 : Suspend Uniform Rules For SB 283
Passed House!
Sponsored by the Hou. Finance Committee

Suspending Rules 24(c), 35, 41(b), and 42(e), Uniform Rules of the Alaska State Legislature, concerning Senate Bill No. 283, making appropriations from the budget reserve fund (art. IX, sec. 17, Constitution of the State of Alaska) and other funds.

HCR 35 : Alaska Energy Policy Task Force
Sponsored by the Hou. Finance Committee

Continuing the Alaska Energy Policy Task Force.

HJR 46 : Constitutional Amendment: Permanent Fund Appropriations/ Inflation-Proofing
Sponsored by the Hou. Finance Committee

Proposing amendments to the Constitution of the State of Alaska relating to the principal of the Alaska permanent fund; limiting appropriations from the Alaska permanent fund to amounts equal to that part of the market value of the fund that exceeds the principal based on an averaged percent of the fund market value.

Version: HJR 46
Contact: Pete Ecklund 465-4930
Action: 04-14-04: (H)FIN » (H)RLS

HJR 46 proposes an amendment to the constitution that would create a modified Percent of Market Value (POMV) endowment approach to managing the permanent fund. HJR 46 proposes an amendment to the constitution that would create a modified Percent of Market Value (POMV) endowment approach to managing the permanent fund.

The amendment would limit appropriations from the fund to up to 5% of the total market value of the fund, averaged over a 5-year period. However, if there is not sufficient market value above principal to payout the 5% calculation, the payout would be restricted to the amount equal to that part of the market value of the fund that exceeds principal.

| Sponsor Statement |

HJR 47 : Constitutional Amendment: Permanent Fund Appropriations/ Inflation-Proofing
Sponsored by the Hou. Finance Committee

Proposing amendments to the Constitution of the State of Alaska relating to the principal of the Alaska permanent fund; limiting appropriations from the Alaska permanent fund to amounts equal to that part of the market value of the fund that exceeds the principal based on an averaged percent of the fund market value; and permitting appropriations from the permanent fund only for costs of administering the fund, a program of dividend payments for state residents, and public education.

Version: HJR 47
Contact: Pete Ecklund 465-3424
Action: 04-14-04: (H)FIN » (H)RLS

HJR 47 proposes an amendment to the constitution that would create a modified Percent of Market Value (POMV) endowment approach to managing the permanent fund. The amendment would limit appropriations from the fund to up to 5% of the total market value of the fund, averaged over a 5-year period. However, if there is not sufficient market value above principal to payout the 5% calculation, the payout would be restricted to the amount equal to that part of the market value of the fund that exceeds principal.
HJR 47 limits appropriations from the payout to only being used for the following purposes: 1) costs of administering the permanent fund, 2) dividends to state residents, and 3) public education.

| Sponsor Statement |


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· Rep. John Harris
Co-Chair
Operating Budget
 
· Rep. Bill Williams
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Capital Budget
 
· Rep. Kevin Meyer
Vice-Chair
 
· Rep. Mike Chenault  
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