Legislature(2005 - 2006)

2006-04-21 House Journal

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2006-04-21                     House Journal                      Page 3264
 RLS RPT CS(RLS) NT 2DP 4NR                                       3246                              
 FN2: INDETERMINATE(H.FIN/REV)                                    3247                              
                                                                                                    
Representative Coghill moved and asked unanimous consent that the                                   
following committee substitute be adopted in lieu of the original bill:                             
                                                                                                    
    CS FOR HOUSE BILL NO. 278(RLS)                                                                  
    "An Act relating to prepayments of accrued actuarial liabilities of                             
    government retirement systems; relating to the Alaska Municipal                                 
    Bond Bank Authority; permitting the Alaska Municipal Bond                                       
    Bank Authority or a subsidiary of the authority to assist state and                             
    municipal governmental employers by issuing bonds, notes,                                       
    commercial paper, or other obligations to enable the governmental                               
    employers to prepay all or a portion of the governmental                                        
    employers' shares of the unfunded accrued actuarial liabilities of                              
    retirement systems; authorizing a governmental employer to issue                                
    obligations to prepay all or a portion of the governmental                                      
    employer's shares of the unfunded accrued actuarial liabilities of                              
    retirement systems and to enter into a lease or other contractual                               
    agreement with a trustee or the Alaska Municipal Bond Bank                                      
    Authority or a subsidiary of the authority in connection with the                               
    issuance of obligations for that purpose, and relating to those                                 
    obligations; and providing for an effective date."                                              
                                                                                                    
There being no objection, it was so ordered.                                                        
                                                                                                    
                                                                                                    
Representative Coghill moved and asked unanimous consent that                                       
CSHB 278(RLS) be considered engrossed, advanced to third reading,                                   
and placed on final passage.  There being no objection, it was so                                   
ordered.                                                                                            
                                                                                                    
                                                                                                    
CSHB 278(RLS) was read the third time.                                                              
                                                                                                    
Representative LeDoux, who was excused (page 3241), left the                                        
Chamber.                                                                                            
                                                                                                    
The question being:  "Shall CSHB 278(RLS) pass the House?"  The                                     
roll was taken with the following result: