Legislature(2009 - 2010)SENATE FINANCE 532

04/01/2010 09:00 AM FINANCE


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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+= SB 237 SCHOOL CONSTRUCTION DEBT REIMBURSEMENT TELECONFERENCED
Moved CSSB 237(FIN) Out of Committee
+= SB 174 PROF STUDENT EXCHANGE LOAN FORGIVENESS TELECONFERENCED
Heard & Held
+= SB 235 CHARTER/ALTERNATIVE SCHOOL FUNDING TELECONFERENCED
Heard & Held
+= SB 236 TAX CREDITS FOR EDUCATIONAL CONTRIBUTIONS TELECONFERENCED
Heard & Held
+= SB 224 POSTSECONDARY SCHOLARSHIPS TELECONFERENCED
Heard & Held
+= SB 230 BUDGET: CAPITAL, SUPP. & OTHER APPROPS TELECONFERENCED
<Bill Hearing Canceled>
+ HB 326 SUPPLEMENTAL/CAPITAL/OTHER APPROPRIATIONS TELECONFERENCED
<Bill Hearing Canceled>
+ Bills Previously Heard/Scheduled TELECONFERENCED
SENATE BILL NO. 237                                                                                                           
                                                                                                                                
     "An Act extending the deadline for authorizing school                                                                      
     construction debt reimbursed by the state."                                                                                
                                                                                                                                
9:07:51 AM                                                                                                                    
Co-Chair Hoffman  proposed committee substitute,  work draft                                                                    
#26-  LS1342\C, Mischel,  3/31/10 (copy  on file).  Co-Chair                                                                    
Stedman OBJECTED.                                                                                                               
                                                                                                                                
JAY LIVEY, STAFF, CO-CHAIR  HOFFMAN, discussed the Committee                                                                    
Substitute  (CS). He  relayed  that  three proposed  changes                                                                    
exist. First,  the findings section more  closely focuses on                                                                    
the Kasayulie hearing. Secondly,  Section 2, Line 18 changes                                                                    
the  name of  the  fund created  to  the Regional  Education                                                                    
Attendance Area School  Fund, as the previous  title did not                                                                    
relate to  the text. The third  change in Section 4,  Page 8                                                                    
calls for  review of the  impact the legislation has  on the                                                                    
state's bond  rating. The  change calls for  a review  to be                                                                    
conducted five years from the effective date of the bill.                                                                       
                                                                                                                                
9:11:33 AM                                                                                                                    
                                                                                                                                
Co-Chair Hoffman added  that his office is  working with the                                                                    
administration to  wordsmith the legislation. He  planned to                                                                    
discuss his concerns in the  other body. He commented on the                                                                    
Kasayulie versus  State case. He  explained that  his office                                                                    
has  worked with  the plaintiffs  and school  districts with                                                                    
much headway in the right direction.                                                                                            
                                                                                                                                
Co-Chair  Stedman WITHDREW  his  OBJECTION.  There being  NO                                                                    
OBJECTION, it was so ordered.                                                                                                   
                                                                                                                                
Co-Chair Stedman stated  that a new updated  fiscal note was                                                                    
released.                                                                                                                       
                                                                                                                                
EDDY  JEANS,  DIRECTOR,   SCHOOL  FINANCES  AND  FACILITIES,                                                                    
DEPARTMENT  OF  EDUCATION  AND EARLY  DEVELOPMENT,  informed                                                                    
that the two  fiscal notes were combined. The  first part of                                                                    
the  fiscal note  estimates the  amount  of state  liability                                                                    
under the  debt reimbursement  program. He  anticipated that                                                                    
the first  year of  liability would occur  in FY13.  A three                                                                    
year average of projects  approved under the program yielded                                                                    
the  $3.7 million  estimated  state  liability beginning  in                                                                    
FY13  under the  debt reimbursement  program. He  elaborated                                                                    
that the  second portion  of the  fiscal note  addresses the                                                                    
new  funding  formula   for  regional  education  attendance                                                                    
areas.   The  estimation   is   an   annual  allocation   of                                                                    
approximately $40 million dollars.                                                                                              
                                                                                                                                
Co-Chair Stedman stated that public testimony is closed.                                                                        
                                                                                                                                
Co-Chair Hoffman MOVED to report  CS SB 237 out of Committee                                                                    
with individual recommendations  and the accompanying fiscal                                                                    
note. There being NO OBJECTION, it was so ordered.                                                                              
                                                                                                                                
SB  237 was  REPORTED  out  of Committee  with  a "do  pass"                                                                    
recommendation  and   with  new  fiscal  impact   note  from                                                                    
Department of Education and Early Development.                                                                                  
                                                                                                                                
9:15:00 AM                                                                                                                    
                                                                                                                                

Document Name Date/Time Subjects
Support letter from Kim Hort.doc SFIN 4/1/2010 9:00:00 AM
SB 174
Staffer assigned to SB.doc SFIN 4/1/2010 9:00:00 AM
SB 174
Sponsor Statement.doc SFIN 4/1/2010 9:00:00 AM
SB 174
SB 174 RFH.doc SFIN 4/1/2010 9:00:00 AM
SB 174
SB 174 most recent.pdf SFIN 4/1/2010 9:00:00 AM
SB 174
SB 174 AK Dental Soc. lttr[1].pdf SFIN 4/1/2010 9:00:00 AM
SB 174
SB 174 AK Dental Soc. lttr 2[1].pdf SFIN 4/1/2010 9:00:00 AM
SB 174
List of witnesses.doc SFIN 4/1/2010 9:00:00 AM
SB 174
HB235 SB174- Letter of Support (2).doc SFIN 4/1/2010 9:00:00 AM
HB 235
SB 174
Changes to Bill.doc SFIN 4/1/2010 9:00:00 AM
SB 174
SB 235 - Sponsor Statement[1].pdf SFIN 4/1/2010 9:00:00 AM
SB 235
SB 235 - Sectional Analysis[1].pdf SFIN 4/1/2010 9:00:00 AM
SB 235
SB 235 - PowerPoint[1].pdf SFIN 4/1/2010 9:00:00 AM
SB 235
SB 235 - National Ranking[1].pdf SFIN 4/1/2010 9:00:00 AM
SB 235
SB 235 - National Charter Alliance CSP Fact Sheet[1].pdf SFIN 4/1/2010 9:00:00 AM
SB 235
SB 235 - Mat-Su Support Resolution[1].pdf SFIN 4/1/2010 9:00:00 AM
SB 235
SB 235 - Letters of Support[1].pdf SFIN 4/1/2010 9:00:00 AM
SB 235
SB 235 - Kern - Fed Dept Ed - Letter[1].pdf SFIN 4/1/2010 9:00:00 AM
SB 235
SB 235 - DED Charter Grant Program[1].pdf SFIN 4/1/2010 9:00:00 AM
SB 235
SB 235 - Comeau Article[1].pdf SFIN 4/1/2010 9:00:00 AM
SB 235
SB 235 - Alaska Charter Law Fact Sheet[1].pdf SFIN 4/1/2010 9:00:00 AM
SB 235
SB 236 2010 SEDA ltter of support.pdf SFIN 4/1/2010 9:00:00 AM
SB 236
GPS Sectional CSSB224.doc SFIN 4/1/2010 9:00:00 AM
SB 224
GPS MathScience Course Offerings.doc SFIN 4/1/2010 9:00:00 AM
SB 224
SB 139 Written Testimony Myers.doc SFIN 3/31/2010 9:00:00 AM
SFIN 4/1/2010 9:00:00 AM
SB 139
SB224 Award Amounts[1].pdf SFIN 4/1/2010 9:00:00 AM
SB 224
SB 174 Proposed CS SFIN Version T.pdf SFIN 4/1/2010 9:00:00 AM
SB 174
SB 237 Proposed CS SFIN Version C.pdf SFIN 4/1/2010 9:00:00 AM
SB 237
CSSB224(EDC)-EED-ACPE-03-26-10.pdf SFIN 4/1/2010 9:00:00 AM
SB 224
CSSB237-New FN EED-ESS-3-31-10 Section 3.pdf SFIN 4/1/2010 9:00:00 AM
SB 237
SB 237 Amendment 1 Hoffman SFIN 040110.pdf SFIN 4/1/2010 9:00:00 AM
SB 237
CSSB237 NEW FN -EED-ESS-3-30-10.pdf SFIN 4/1/2010 9:00:00 AM
SB 237
SB 174 Proposed CS SFIN Version T.pdf SFIN 4/1/2010 9:00:00 AM
SB 174