Legislature(2005 - 2006)
2006-06-05 Senate Journal
Full Journal pdf2006-06-05 Senate Journal Page 3567 SB 2004 The Senate Special Committee on Natural Gas Development considered SENATE BILL NO. 2004 "An Act relating to the Alaska Stranded Gas Development Act, including clarifications or provision of additional authority for the development of stranded gas fiscal contract terms; making a conforming amendment to the Revised Uniform Arbitration Act; relating to municipal impact money received under the terms of a stranded gas fiscal contract; and providing for an effective date" and recommended it be replaced with 2006-06-05 Senate Journal Page 3568 CS FOR SENATE BILL NO. 2004(NGD) "An Act relating to the Alaska Stranded Gas Development Act, including clarifications or provision of additional authority for the development of stranded gas fiscal contract terms; making a conforming amendment to the Revised Uniform Arbitration Act; relating to municipal impact money received under the terms of a stranded gas fiscal contract; relating to determination of full and true value of property and required contributions for education in municipalities affected by stranded gas fiscal contracts; and providing for an effective date." Signing do pass: Senator Seekins, Chair; Senators Stedman, Ben Stevens, Wilken, Green, Bunde. Signing do not pass: Senator Elton. Signing no recommendation: Senators Hoffman, Kookesh. Signing amend: Senators Olson, Dyson, Wagoner. The following fiscal information was published today: Fiscal Note No. 3, indeterminate, Department of Natural Resources The bill is on today's calendar. SB 2004 SENATE BILL NO. 2004 "An Act relating to the Alaska Stranded Gas Development Act, including clarifications or provision of additional authority for the development of stranded gas fiscal contract terms; making a conforming amendment to the Revised Uniform Arbitration Act; relating to municipal impact money received under the terms of a stranded gas fiscal contract; and providing for an effective date" was read the second time. 2006-06-05 Senate Journal Page 3569 Senator Seekins, Chair, moved and asked unanimous consent for the adoption of the Senate Special Committee on Natural Gas Development Committee Substitute offered on page 3568. Without objection, CS FOR SENATE BILL NO. 2004(NGD) "An Act relating to the Alaska Stranded Gas Development Act, including clarifications or provision of additional authority for the development of stranded gas fiscal contract terms; making a conforming amendment to the Revised Uniform Arbitration Act; relating to municipal impact money received under the terms of a stranded gas fiscal contract; relating to determination of full and true value of property and required contributions for education in municipalities affected by stranded gas fiscal contracts; and providing for an effective date" was adopted. President Stevens stated CS FOR SENATE BILL NO. 2004(NGD) will be on the June 6 calendar.