Legislature(2007 - 2008)
2007-05-11 Senate Journal
Full Journal pdf2007-05-11 Senate Journal Page 1217 HB 229 HOUSE BILL NO. 229 am "An Act authorizing the Alaska Railroad Corporation to participate in a project consisting of the acquisition, construction, improvement, maintenance, equipping, or operation of real and personal property, including facilities and equipment, for the Kenai gasification project and Port MacKenzie rail link, authorizing the corporation to issue bonds to finance all or a portion of the project, and identifying these as bonds for an essential public and governmental purpose; and providing for an effective date" was read the third time. 2007-05-11 Senate Journal Page 1218 Senator Stevens moved that the bill be returned to second reading for the purpose of a specific amendment, that being SENATE CS FOR HOUSE BILL NO. 229(FIN). Without objection, the bill was returned to second reading. Senator Stedman, Cochair, moved and asked unanimous consent for the adoption of the Finance Senate Committee Substitute offered on page 1177. Without objection, SENATE CS FOR HOUSE BILL NO. 229(FIN) was adopted. SENATE CS FOR HOUSE BILL NO. 229(FIN) was automatically in third reading. Senator Wagoner moved that the bill be returned to second reading for the purpose of a specific amendment, that being Amendment No. 1. Without objection, the bill was returned to second reading. Senator Wagoner offered Amendment No. 1 : Page 2, line 19, following "transported": Delete "by rail" Page 2, line 19, following "Healy": Delete "to Port McKenzie and by barge" Senator Wagoner moved for the adoption of Amendment No. 1. Without objection, Amendment No. 1 was adopted. SENATE CS FOR HOUSE BILL NO. 229(FIN) am S was automatically in third reading. Senator Wilken moved that the bill be returned to second reading for the purpose of a specific amendment, that being Amendment No. 2. Without objection, the bill was returned to second reading. Senator Wilken offered Amendment No. 2 : 2007-05-11 Senate Journal Page 1219 Page 3, following line 17: Insert a new subsection to read: "(d) If financing of all or a portion of the project described in (b) of this section includes the use of state funds, before expending any state funds for the project, the corporation shall submit, and the legislature shall approve by law, the financing plan for the project." Page 4, line 10, following "this Act,": Insert "and the financing plan approval requirement of AS 42.40.570(d), added by sec. 2 of this Act, for the financing of all or a portion of the project described in AS 42.40.570(b), added by sec. 2 of this Act, if applicable," Senator Wilken moved for the adoption of Amendment No. 2. Senator Stevens objected. The question being: "Shall Amendment No. 2 be adopted?" The roll was taken with the following result: SCS HB 229(FIN) am S Second Reading Amendment No. 2 YEAS: 4 NAYS: 16 EXCUSED: 0 ABSENT: 0 Yeas: Bunde, Dyson, Therriault, Wilken Nays: Cowdery, Davis, Ellis, Elton, French, Green, Hoffman, Huggins, Kookesh, McGuire, Olson, Stedman, Stevens, Thomas, Wagoner, Wielechowski and so, Amendment No. 2 failed. SENATE CS FOR HOUSE BILL NO. 229(FIN) am S was automatically in third reading. The question being: "Shall SENATE CS FOR HOUSE BILL NO. 229(FIN) am S "An Act authorizing the Alaska Railroad Corporation to participate in a project consisting of the acquisition, construction, improvement, maintenance, equipping, or operation of real and personal property, including facilities and equipment, for the Kenai 2007-05-11 Senate Journal Page 1220 gasification project and Port MacKenzie rail link, authorizing the corporation to issue bonds to finance all or a portion of the project, and identifying these as bonds for an essential public and governmental purpose; and providing for an effective date" pass the Senate?" The roll was taken with the following result: SCS HB 229(FIN) am S Third Reading - Final Passage Effective Date YEAS: 16 NAYS: 4 EXCUSED: 0 ABSENT: 0 Yeas: Bunde, Cowdery, Davis, Dyson, Ellis, Elton, Green, Hoffman, Huggins, Kookesh, McGuire, Olson, Stedman, Stevens, Thomas, Wagoner Nays: French, Therriault, Wielechowski, Wilken and so, SENATE CS FOR HOUSE BILL NO. 229(FIN) am S passed the Senate. Senator Stevens moved and asked unanimous consent that the vote on the passage of the bill be considered the vote on the effective date clause. Without objection, it was so ordered and the bill was referred to the Secretary for engrossment.