2003-03-28                     Senate Journal                      Page 0608
HB 16                                                                                             
CS FOR HOUSE BILL NO. 16(FIN) am BY THE HOUSE FINANCE                                               
COMMITTEE, entitled:                                                                                
                                                                                                    
          "An Act amending, for purposes of the Alaska                                              
          Stranded Gas Development Act, the standards                                               
          applicable to determining whether a proposed new                                          
          investment constitutes a qualified project, the                                           
          standards used to determine whether a person or                                           
          group qualifies as a project sponsor or project                                           
          sponsor group, and the deadline for applications                                          
          relating to the development of contracts for payments                                     
          in lieu of taxes and for royalty adjustments that may                                     
          be submitted for consideration, and modifying the                                         
          conditions bearing on the use of independent                                              
          contractors to evaluate applications or to develop                                        
          contract terms; providing statements of intent for the                                    
          Act relating to use of project labor agreements and to                                    
          reopening of contracts; and providing for an effective                                    
          date."                                                                                    
                                                                                                    

2003-03-28                     Senate Journal                      Page 0609
was read the first time and referred to the Resources and Finance                                   
Committees.