2001-05-07                     Senate Journal                      Page 1646
HB 234                                                                                            
CS FOR HOUSE BILL NO. 234(FIN) am "An Act relating to the                                           
tobacco use education and cessation fund and to smoking education                                   
and cessation programs; relating to funding the tobacco use education                               
and cessation fund; relating to financing of construction and major                                 
maintenance of public school facilities, facilities for the University of                           
Alaska, and facilities for ports and harbors; authorizing the                                       
commissioner of revenue to sell the right to receive a portion of the                               
anticipated revenue from a tobacco litigation settlement to the                                     
Northern Tobacco Securitization Corporation; relating to the deposit                                
of certain anticipated revenue from a tobacco litigation settlement;                                
authorizing the issuance of bonds by the Northern Tobacco                                           
Securitization Corporation with proceeds to finance public school                                   
construction and major maintenance, facilities for the University of                                
Alaska, and facilities for ports and harbors; and providing for an                                  
effective date" was read the second time.                                                           
                                                                                                    
Senator Kelly, Cochair, moved and asked unanimous consent for the                                   
adoption of the Finance Senate Committee Substitute offered on page                                 
1583. Senator Ellis objected.                                                                       
                                                                                                    
The question being: "Shall the Finance Committee Substitute be                                      
adopted?" The roll was taken with the following result:                                             
                                                                                                    
CSHB 234(FIN) am                                                                                    
Second Reading                                                                                      
Adopt Finance Committee Substitute?                                                                 
                                                                                                    
YEAS:  14   NAYS:  6   EXCUSED:  0   ABSENT:  0                                                   
                                                                                                    
Yeas:  Austerman, Cowdery, Donley, Green, Halford, Kelly, Leman,                                    
Pearce, Phillips, Taylor, Therriault, Torgerson, Ward, Wilken                                       
                                                                                                    
Nays:  Davis, Ellis, Elton, Hoffman, Lincoln, Olson                                                 
                                                                                                    
and so, SENATE CS FOR CS FOR HOUSE BILL NO. 234(FIN) was                                            
adopted and read the second time.                                                                   
                                                                                                    
Amendment No. 1 was not offered.