Legislature(2007 - 2008)

2007-05-11 Senate Journal

Full Journal pdf

2007-05-11                     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.