1994-02-07                     House Journal                      Page 2283
HB 372                                                                       
	FIN RPT  6DP 1DNP 2NR                                            2237         
	-ZERO FISCAL NOTE (DCRA) 2/3/94                                  2237         
                                                                               
Amendment No. 1 was offered  by Representative Brown:                           
                                                                               
Page 1, line 1, after "fund": (title amendment)                              
                                                                               
	Insert "and the Southeast energy fund"                                      
                                                                               
Page 1, line 3, after "Section 1.":                                          
                                                                               
	Insert "AS42.45.040 is amended to read:                                       
	Sec. 42.45.040.  SOUTHEAST ENERGY FUND.  The                                 
Southeast energy fund is established as a separate fund.  The fund             
consists of money appropriated to it [TRANSFERRED TO IT                    
UNDER AS42.45.050].  The department may make grants from                       
the Southeast energy fund to utilities participating in the power              
transmission intertie between the Swan Lake and Tyee Lake                      
hydroelectric projects for power projects, for repayment of loans,             
and for payments on bonds.                                                     
   * Sec. 2."                                                                
                                                                               
Page 1, line 11, through page 2, line 2:                                       
                                                                               
	Delete all material and insert:                                               
		"(2)  60 percent of the balance in the four dam pool                        
transfer fund shall be transferred to the general fund."                       
                                                                               
Representative Brown moved and asked unanimous consent that                    
Amendment No. 1 be adopted.                                                    
                                                                               
Representative Olberg objected.                                                
                                                                               
The question being:  "Shall Amendment No. 1 be adopted?"  The roll             
was taken with the following result:                                           
                                                                               
HB 372                                                                         
Second Reading                                                                 
Amendment No. 1                                                                
                                                                               
YEAS:  7   NAYS:  32   EXCUSED:  1   ABSENT:  0