2005-04-27                     House Journal                      Page 1306
HB 187                                                                                            
The following was read the second time:                                                             
                                                                                                    
    HOUSE BILL NO. 187                                                                              
    "An Act establishing the Alaska capital income account within the                               
    Alaska permanent fund; relating to deposits into the account;                                   
    relating to certain transfers regarding the Amerada Hess                                        
    settlement to offset the effects of inflation on the Alaska                                     
    permanent fund; and providing for an effective date."                                           
                                                                                                    
with the:                                                   Journal Page                            
                                                                                                    
 JUD RPT 2DP 1DNP 1NR                                                 730                           
 FN1: ZERO(REV)                                                       731                           
 FIN RPT CS(FIN) NT 2DP 6NR                                          1255                           
 FN1: ZERO(REV)                                                      1255                           
                                                                                                    
The Rules Committee submitted the following updated fiscal note:                                    
                                                                                                    
2.  Zero, Dept. of Revenue                                                                          
                                                                                                    
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. 187(FIN)                                                                  
    "An Act relating to money deposited into the Alaska permanent                                   
    fund as a result of the settlement of State v. Amerada Hess;                                    
    relating to the Alaska capital income fund and to deposits of                                   
    income from State v. Amerada Hess settlement money into the                                     
    Alaska capital income fund; and providing for an effective date."                               
                                                                                                    

2005-04-27                     House Journal                      Page 1307
There being no objection, it was so ordered.                                                        
                                                                                                    
Representative Coghill moved and asked unanimous consent that                                       
CSHB 187(FIN) be considered engrossed, advanced to third reading,                                   
and placed on final passage.                                                                        
                                                                                                    
There was objection.                                                                                
                                                                                                    
CSHB 187(FIN) will advance to third reading on tomorrow's calendar.