2010 Budget Information

HB 424 - G.O. Bonds for Education Projects

HB 424 – G.O. Bonds for Education Projects, By the House Finance Committee

Introduced today, HB 424 provides for the issuance of general obligation bonds in a principal amount of not more than $1,000,000 for the purpose of paying the cost of education projects for public schools and the University of Alaska. The bill specifies that $500,000 will be appropriated to DEED for public school projects, and $500,000 will be appropriated to the University of Alaska for university projects.

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A few notes on current action:

The House is adjourned until Monday, so I guess they are taking an Easter break. Even though the Senate passed HB 300 - Operating Budget on Tuesday, they waited until the House adjourned on Thursday before transmitting the bill back to the house, thereby postponing when the 24-hour rule will kick in. Probably that will happen Monday.

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Senate Bipartisan Working Group Press Availability

Scholarship Proposal
Sen. President Gary Stevens said the Senate has been meeting with the House leadership and the Governor. Stevens said that one of the big issues the legislature is working on as the session comes to a close is.....

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House Passes Supplemental Budget

The House passed CSHB 326(FIN) on Monday, March 29, with all 40 representatives voting in favor of passage. No changes were made to the bill on the floor. It has been transmitted to the Senate, and will be referred to the Senate Finance Committee. It is scheduled for a hearing in that committee on Thursday, April 1 at 9:00 a.m.

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24-Hour Rule

The operating budget, HB 300 is on the floor of the Senate on Monday, March 29. When it passes, it will be returned to the House for concurrence (a fancy way to say they agree with the changes the Senate has made to the bill). I can guarantee you the House will not concur with the Senate amendments to the bill.

The House will then send a message to the Senate asking them to recede from their amendments (a fancy way to ask the Senate to accept the House version of the operating budget). I can guarantee you that will not happen either.

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Senate Finance and the FY11 Operating Budget

The Senate Finance Committee heard subcommittee reports during today’s hearing. The committee adopted the subcommittee reports and a committee substitute incorporating the subcommittee reports. Chairman Lyman Hoffman said the goal is to live within the state’s means, but still deliver the services Alaskans expect.

Amendments from committee members are due by 3:00 p.m. on Wednesday. During the amendment process, Hoffman said the committee will.....

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Senate Finance Proposes Major Policy Shift for Funding School Construction

The Senate Finance Committee proposed a major change today in how school facilities across the state should be funded.  The committee heard and held SB 237, and adopted a committee substitute for the bill.  

Jay Livey, staff to Sen. Hoffman, reviewed the committee substitute for SB 237. The bill will provide a more predictable method of funding for both REAA’s and municipal school districts.
Section 1 contains legislative findings related to the Kasayulie Decision.

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Senate Finance Working on Capital and Deferred Maintenance All Week

The Senate Finance Committee began hearings on SB 230 and SB 253 this morning. Chairman Stedman announced that the committee will be hearing these two bills in both the morning and the afternoon for the rest of the week. The committee will be hearing one department at a time, beginning with the departments with the largest requests and working down the list. The committee has not heard any Dept. of Education & Early Development projects as of the time of this posting today, and it is unlikely they will get to DEED today, and possibly not even tomorrow. 
Shana

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