2006-05-06                     Senate Journal                      Page 3239
HB 381                                                                                            
CS FOR HOUSE BILL NO. 381(FIN) "An Act relating to the                                              
financing of construction, major maintenance, and renovation of                                     
certain capital projects; authorizing the commissioner of revenue to                                
sell the right to receive a portion of the anticipated revenue from a                               
tobacco litigation settlement to the Northern Tobacco Securitization                                

2006-05-06                     Senate Journal                      Page 3240
Corporation, and relating to that sale and the use of the revenue;                                  
authorizing the Northern Tobacco Securitization Corporation to issue                                
bonds and use the proceeds to acquire the right to receive a portion of                             
anticipated revenue from a tobacco litigation settlement and for other                              
purposes, and relating to those bonds; and providing for an effective                               
date" was read the second time.                                                                     
                                                                                                    
Senator Green, Cochair, moved and asked unanimous consent for the                                   
adoption of the Finance Senate Committee Substitute offered on page                                 
3229. Without objection, SENATE CS FOR CS FOR HOUSE BILL                                            
NO. 381(FIN) was adopted.                                                                           
                                                                                                    
Amendment No. 1 was not offered.                                                                    
                                                                                                    
Senator Green offered Amendment No. 2 :                                                              
                                                                                                    
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 Delete "Thomas Bay Power Authority"                                                                
 Insert "Alaska Energy Authority"                                                                   
                                                                                                    
Senator Green moved for the adoption of Amendment No. 2. Senator                                    
Ellis objected, then withdrew his objection. There being no further                                 
objection, Amendment No. 2 was adopted.                                                             
                                                                                                    
Senator Green offered Amendment No. 3 :                                                              
                                                                                                    
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 Delete "Campus Center Renewal and Renovation"                                                      
 Insert "Tanana Valley Campus: Campus Center Renewal and                                            
       Renovation"                                                                                  
                                                                                                    
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     Delete "Southeast Islands -"                                                                   
 Insert "Sitka -"                                                                                   
                                                                                                    
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 Delete "City of Craig"                                                                             
 Insert "Southeast Islands - City of Craig"                                                         
                                                                                                    
                                                                                                    

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Senator Green moved for the adoption of Amendment No. 3. Without                                    
objection, Amendment No. 3 was adopted.                                                             
                                                                                                    
President Stevens stated SENATE CS FOR CS FOR HOUSE BILL                                            
NO. 381(FIN) am S will be on the May 7 calendar.