2004-05-07                     Senate Journal                      Page 3436
HJR 48                                                                                            
CS FOR HOUSE JOINT RESOLUTION NO. 48(RLS) Sending a                                                 
message of goodwill to President Chen Shui-bian and to the people of                                
Taiwan, and reaffirming the Alaska State Legislature's 2003 resolution                              
urging the United States Congress to support the granting of official                               
Observer Status to the Republic of China on Taiwan and to support                                   
negotiation of a free trade agreement with the Republic of China on                                 
Taiwan, was read the second time.                                                                   
                                                                                                    
Senator Ben Stevens moved and asked unanimous consent that the                                      
resolution be advanced to third reading and placed on final passage.                                
Senator Ellis objected.                                                                             
                                                                                                    
President Therriault stated CS FOR HOUSE JOINT RESOLUTION                                           
NO. 48(RLS) will be on the May 8 calendar.                                                          
                                                                                                    
                      Third Reading of House Resolutions                                         
                                                                                                    
HJR 26                                                                                            
CS FOR HOUSE JOINT RESOLUTION NO. 26(FIN) Proposing                                                 
amendments to the Constitution of the State of Alaska relating to and                               
limiting appropriations from the Alaska permanent fund based on an                                  
averaged percent of the fund market value, was read the third time.                                 
                                                                                                    
Senator French moved that the resolution be returned to second                                      
reading for the purpose of a specific amendment, that being                                         
Amendment No. 1. Without objection, the resolution was returned to                                  
second reading.                                                                                     
                                                                                                    
Senator French offered Amendment No. 1 :                                                             
                                                                                                    
Page 2, line 3, following "year.":                                                                  
     Insert "Appropriations from the fund for a fiscal year may be                                  
made only as follows:                                                                               
          (1)  two-thirds of the total amount appropriated for a fiscal                             
          year shall be used for a program of annual permanent fund                                 
           dividend payments to State residents established by law;                                
          (2)  one-third of the total amount appropriated for a fiscal year                         
          shall be appropriated to the general fund."