04-29-04: House Passes Third Bill in Long-Term Fiscal Plan

02-17-04: Ways & Means Committee to Hold Hearing on HJR 31

02-09-04: Weyhrauch Increases Committee Duties
Becomes Vice-Chair of House Ways & Means

12-16-03: Ways and Means Committee to Hold Wrap-up of Interim Public Meeting Tour

11-07-03: Gaming Alternatives Merit Consideration

05-02-03: Ways and Means Moves on Fiscal Measures
Approves Cap on Spending, Inflation Proofing Permanent Fund

	=	Bill Stoltze 37 K		=	Bill Stoltze 256 K
	=	Mike Hawker 48 K		=	Mike Hawker 334 K

04-11-03: Ways and Means Wraps Up First Week
Reviews Fiscal Situation, Examines Spending Limit

Background Information

01-14-04: The Fiscal Dilemma

01-14-04: Fiscal Planning Must Recognize Alaska's Unique Assets

01-14-04: A Fiscal Plan for Alaska

HB 293 : State Sales And Use Tax
Sponsored by the Hou. Special Committee on Ways & Means

An Act levying and collecting a state sales and use tax; and providing for an effective date.

05-17-03 : House Bill 293 moved back to the House Rules Committee from the House Floor on Saturday. Sponsored by the House Special Committee on Ways and Means, HB 293 implements a three-percent sales tax, with certain exemptions.

| Sponsor Statement |

HB 298 : Distributions Of Appropriations From Permanent Fund
Passed House!
Sponsored by the Hou. Special Committee on Ways & Means

An Act relating to the distribution of appropriations from the Alaska permanent fund under art. IX, sec. 15(b), Constitution of the State of Alaska, and making conforming amendments; and providing for an effective date.

Version: CS HB 298 FIN
Contact: Paulyn Swanson, 465-4949
Action: 04-28-04: Passed the House

HB 298 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 298 provides conforming language to existing statute 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 amendment and to recognize the merger of the Earnings Reserve Fund into the Permanent Fund. Amended to exempt section 1, 2 and 5 from sections 10 and 11.

| Sectional Analysis |