2003-04-04                     Senate Journal                      Page 0710
HB 16                                                                                             
CS FOR HOUSE BILL NO. 16(FIN) am "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" was read the second                                 
time.                                                                                               
                                                                                                    
Senator Ben Stevens moved and asked unanimous consent that the bill                                 
be advanced to third reading and placed on final passage. Without                                   
objection, it was so ordered.                                                                       
                                                                                                    
Senators Elton, Wagoner, Seekins, Lincoln, Dyson, Guess, Bunde,                                     
Wilken, Green, Cowdery, Ben Stevens, Ellis, Olson moved and asked                                   
unanimous consent to be shown as cross sponsors on the bill. Without                                
objection, it was so ordered.                                                                       
                                                                                                    
Senator Lincoln stated a possible conflict of interest.                                             
                                                                                                    
CS FOR HOUSE BILL NO. 16(FIN) am was read the third time.                                           
                                                                                                    
The question being: "Shall CS FOR HOUSE BILL NO. 16(FIN) am                                         
"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,                                

2003-04-04                     Senate Journal                      Page 0711
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" pass the Senate?" The roll was taken with the following                             
result:                                                                                             
                                                                                                    
CSHB 16(FIN) am                                                                                     
Third Reading - Final Passage                                                                       
Effective Date                                                                                      
                                                                                                    
YEAS:  19   NAYS:  0   EXCUSED:  1   ABSENT:  0                                                   
                                                                                                    
Yeas:  Bunde, Cowdery, Davis, Dyson, Ellis, Elton, French, Green,                                   
Guess, Lincoln, Ogan, Olson, Seekins, Stevens B, Stevens G, Taylor,                                 
Therriault, Wagoner, Wilken                                                                         
                                                                                                    
Excused:  Hoffman                                                                                   
                                                                                                    
and so CS FOR HOUSE BILL NO. 16(FIN) am passed the Senate.                                          
                                                                                                    
Senator Ben Stevens moved and asked unanimous consent that the                                      
vote on the passage of the bill be considered the vote on the effective                             
date clause. Without objection, it was so ordered and the bill was                                  
signed by the President and Secretary and returned to the House.