00               SENATE CS FOR CS FOR HOUSE BILL NO. 243(FIN)                                                             
01 "An Act relating to the financial plan for the intertie between the Swan Lake and Tyee                                  
02 Lake hydroelectric projects; and providing for an effective date."                                                      
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1. The uncodified law of the State of Alaska is amended by adding a new section                          
05 to read:                                                                                                                
06       LEGISLATIVE APPROVAL REGARDING THE SALE OF THE FOUR DAM                                                           
07 POOL HYDROELECTRIC PROJECT. Notwithstanding the restrictions imposed by sec.                                            
08 15(a), ch. 60, SLA 2000, the legislature approves the August 17, 2005, first amendment to the                           
09 agreement between the Alaska Energy Authority and the Four Dam Pool Power Agency for                                    
10 the purchase and sale of the four dam pool hydroelectric project.                                                       
11    * Sec. 2. This Act takes effect immediately under AS 01.10.070(c).