Legislature(2015 - 2016)BUTROVICH 205

04/07/2016 09:00 AM STATE AFFAIRS

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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
-- Please Note Time Change --
+ Consideration of Governor's Appointees: TELECONFERENCED
-- Public Testimony on Appointees --
Board of Fisheries:
Israel Payton
Alan Cain
Robert Ruffner
<Above Item Removed from Agenda>
+= SB 150 MVA COMMISSIONER MEMBER OF CDVSA TELECONFERENCED
Heard & Held
+= SB 171 DOA PAYMENTS; REPEAL OTHER DOA DUTIES TELECONFERENCED
Moved CSSB 171(STA) Out of Committee
+= HB 231 EXTEND BOARD OF PAROLE TELECONFERENCED
Moved SCS CSHB 231(STA) Out of Committee
+ HB 273 VEHICLES: TRANSFER ON DEATH TITLE;ESTATES TELECONFERENCED
Heard & Held
-- Public Testimony --
+ HB 77 DISABILITY:ID/LICENSE AND TRAINING RQMTS. TELECONFERENCED
Moved CSHB 77(FIN) Out of Committee
-- Public Testimony --
+ Bills Previously Heard/Scheduled TELECONFERENCED
       HB 273-VEHICLES: TRANSFER ON DEATH TITLE; ESTATES                                                                    
                                                                                                                              
10:25:29 AM                                                                                                                   
CHAIR STOLTZE announced the consideration of HB 273.                                                                            
                                                                                                                                
DENEEN   TUCK,   Staff,   Representative   Lynn,   Alaska   State                                                               
Legislature, Juneau,  Alaska, read  the sponsor statement  for HB
273 with commentary as follows:                                                                                                 
                                                                                                                                
       HB 273 is a way that people can plan their estate                                                                        
     without going through the problems, length and expense                                                                     
     of probate; this is the  fourth step in this process. A                                                                    
     number  of years  ago Title  13  provisions were  added                                                                    
     that would allow  a person to have a  Transfer on Death                                                                    
     (TOD)  bank account  and designate  a beneficiary  with                                                                    
     one   or   more   beneficiaries,   depending   on   the                                                                    
     institution, and  simply designating to the  account by                                                                    
     filling out a small card.  When you open a bank account                                                                    
     or thereafter,  you can  change it  or do  anything you                                                                    
     want with it, but it  has proven very beneficial. Title                                                                    
     13 provides for brokerage  accounts, like Merrill Lynch                                                                    
     or accounts that  do the same thing and  these are also                                                                    
     permitted  under Federal  law; it  has proven  to be  a                                                                    
     very good step  in the area of estate  planning and not                                                                    
     controversial. You don't have to  do it, but you can do                                                                    
     it if you wish.                                                                                                            
                                                                                                                                
     Several years  ago, legislators  carried this  one step                                                                    
     further in enacting TOD-deed  legislation that does the                                                                    
     same thing  with real  estate. If you  want a  TOD deed                                                                    
     than there is  a form you just fill out  and it becomes                                                                    
     effective upon your  death and you record  it. When you                                                                    
     die the person who's  the beneficiary simply presents a                                                                    
     copy  of the  death  certificate or  whatever proof  of                                                                    
     death  that's  recorded  and   then  the  deed  becomes                                                                    
     effective.                                                                                                                 
                                                                                                                                
     From  what  I  know  the  TOD  concept  has  been  very                                                                    
     successful  and  now we're  trying  with  this bill  to                                                                    
     expand that  concept to  vehicles. Currently  15 states                                                                    
     have  at  last count,  excluding  Alaska.  There is  no                                                                    
     uniform act yet for this,  hopefully there will be or a                                                                    
     model  act   or  a   suggested  state   legislation  or                                                                    
     something;  but, what  we did  was  we got  Legislative                                                                    
     Research and they gave us  copies of all the state laws                                                                    
     and in  addition, copies  of the  state laws  for which                                                                    
     four states  have expanded this  for watercraft  and we                                                                    
     also register  snow machines in  this state and  we are                                                                    
     looking at outboard motors as well.                                                                                        
                                                                                                                                
     The Division  of Motor Vehicles  has been  very helpful                                                                    
     and has provided  a lot of technical  assistance in the                                                                    
     drafting  of this  bill because  they were  given these                                                                    
     laws to see how they could  put together a bill for us;                                                                    
     they did  not feel  it was appropriate  to go  with the                                                                    
     watercraft  and we  can't do  aircraft because  that is                                                                    
     federal  and there  are  obligations  on their  titles,                                                                    
     it's not  done internally  that way.  HB 273  is 6-page                                                                    
      bill so that it has conforming language with all of                                                                       
     the other TOD language in the statute.                                                                                     
                                                                                                                                
10:28:39 AM                                                                                                                   
CHAIR STOLTZE announced that HB 273 would be held in committee.                                                                 

Document Name Date/Time Subjects
SB 150 DMVA Letter to Senate State Affairs - 03-29-16.pdf SSTA 4/7/2016 9:00:00 AM
SB 150
SB 150 ANDVSA Written Testimony 04-05-2016.pdf SSTA 4/7/2016 9:00:00 AM
SB 150
HB 273 Sponsor Statement.pdf SSTA 4/7/2016 9:00:00 AM
HB 273
HB 273 Summary of Changes from Version P to Version I.PDF SSTA 4/7/2016 9:00:00 AM
HB 273
HB 273 Sectional Analysis by LAA Legal Services - Version I - 03-10-16.PDF SSTA 4/7/2016 9:00:00 AM
HB 273
HB 273 Letter of Support - AARP - 02-05-16.PDF SSTA 4/7/2016 9:00:00 AM
HB 273
HB 273 Support Letter - Alaska Automobile Dealers Association - 01-28-16.pdf SSTA 4/7/2016 9:00:00 AM
HB 273
HB 77 Sponsor Statement to Version P (House Finance CS).pdf SSTA 4/7/2016 9:00:00 AM
HB 77
HB 77 Sectional Analysis by Sponsor of version W (Initial Version).pdf SSTA 4/7/2016 9:00:00 AM
HB 77
HB 77 Version W (Initial Version).PDF SSTA 4/7/2016 9:00:00 AM
HB 77
HB 77 Version E (House State Affairs CS).pdf SSTA 4/7/2016 9:00:00 AM
HB 77
HB 77 Version P (House Finance CS).pdf SSTA 4/7/2016 9:00:00 AM
HB 77
HB 77 Backup Document - Non-apparent disabilities symbol.pdf SSTA 4/7/2016 9:00:00 AM
HB 77
HB 77 Fiscal Note #3 DOA-DMV 3-25-16.pdf SSTA 4/7/2016 9:00:00 AM
HB 77
HB 77 Letter of Support - Alaska Commission on Aging 3-22-16.pdf SSTA 4/7/2016 9:00:00 AM
HB 77
HB 77 Letter of Support - Governor's Council on Disabilities & Special Education 3-14-16.pdf SSTA 4/7/2016 9:00:00 AM
HB 77
HB 77 Letter of Support - Email Art Delaune 04-06-16.pdf SSTA 4/7/2016 9:00:00 AM
HB 77
HB 77 Letter of Support - Frank Ron 02-19-15.pdf SSTA 4/7/2016 9:00:00 AM
HB 77
HB 77 Letter of Support - Juanita Webb.pdf SSTA 4/7/2016 9:00:00 AM
HB 77
HB 77 Letter of Support - Wallbusters' explanation of Hidden Disabilities.pdf SSTA 4/7/2016 9:00:00 AM
HB 77
SB 171 REPLACEMENT Fiscal Note (unpublished) to CS(STA)H - DOA-DOF 04-06-16.PDF SSTA 4/7/2016 9:00:00 AM
SB 171
HB 231 SCS(STA) Work Draft Version N - 04-06-2016.pdf SSTA 4/7/2016 9:00:00 AM
HB 231
SB 150 Amendment #1 (Adopted) in SSTA - By Senator Stoltze (A.2).pdf SSTA 4/7/2016 9:00:00 AM
SB 150
SB 150 Amendment #2 (Offered, Objected, and Held - Unresolved) in SSTA - By Senator Stoltze (A.1).pdf SSTA 4/7/2016 9:00:00 AM
SB 150
SB 171 Amendment #1 to CS(STA) version H by Stoltze (H.2) - (Withdrawn).pdf SSTA 4/7/2016 9:00:00 AM
SB 171
SB 171 Amendment #2 to CS(STA) version H by Stoltze (H.1) - (Adopted).pdf SSTA 4/7/2016 9:00:00 AM
SB 171
SB 171 Amendment #3 to CS(STA) version H by Stoltze (H.5) - (Adopted).pdf SSTA 4/7/2016 9:00:00 AM
SB 171
SB 171 Amendment #4 to CS(STA) version H by Stoltze (H.6) - (Adopted).pdf SSTA 4/7/2016 9:00:00 AM
SB 171
HB 77 Legal Opinion Regarding State Liability per SSTA Questions - 4-12-2016.pdf SSTA 4/7/2016 9:00:00 AM
HB 77
HB 273 Letter of Support - Kayla Epstein 04-11-2016.pdf SSTA 4/7/2016 9:00:00 AM
HB 273
HB 273 Comparison Version from Version P to Version I (Initial to HCS STA).pdf SSTA 4/7/2016 9:00:00 AM
HB 273