Final
STAFF SUMMARY OF MEETING

HOUSE COMMITTEE ON ECONOMIC AND BUSINESS DEVELOPMENT

Date:04/10/2012
ATTENDANCE
Time:10:00 AM to 10:24 PM
Balmer
Holbert
Place:SupCt
Miklosi
Priola
This Meeting was called to order by
Singer
Representative Liston
Soper
Swerdfeger
This Report was prepared by
Szabo
Christie Lee
Tyler
Williams A.
Wilson
Swalm
Liston
X = Present, E = Excused, A = Absent, * = Present after roll call
Bills Addressed: Action Taken:
Economic and Business Development JBC Hearing-


10:00 AM -- Economic and Business Development JBC Hearing

Representative Liston, chair, Economic and Business Development Committee, began the powerpoint presentation. He showed a pie chart illustrating the makeup of the General Fund. Representative Liston explained that the committee oversees the Department of Labor and Employment (DOLE)and talked about it's $158,069,463 budget for FY 2012-13 and referenced page 145 of the FY 2012-2013 Budget Package and Long Bill Narrative. Representative Tyler asked about the cut to employees in the department. Representative Liston highlighted the adjustments to the DOLE budget.

10:11 AM

Representative Liston began discussing the Department of Personnel and Administration's budget for FY 2012-13 of $160,064,533 on page 183. He went through the adjustments made to the department's budget.

10:14 AM

Representative Liston began talking about the various divisions within the Department of Regulatory Agencies, including the Divisions of Banking, Insurance, and Real Estate. He explained that the department's budget for FY 2012-13 is $78,180,593 which are all cash funds. Representative Liston referenced page 220 of the narrative that explains the department's budget. He walked through the adjustments made to the department's budget.

10:18 AM

Representative Liston began discussing the Office of Economic Development and International Trade budget of $27,279,342 on pages 67 and 68 of the narrative. Representative Gerou discussed the $4 million increase to tourism and creative arts.

10:22 AM

Representative Liston talked about the Office of Information Technology's budget of $115,641,925 for FY 2012-13 on pages 68 and 69 of the narrative.

10:24 AM

The committee adjourned.