Legislature(2007 - 2008)
2007-03-02 Senate Journal
Full Journal pdf2007-03-02 Senate Journal Page 0418 SB 19 SENATE BILL NO. 19 "An Act relating to a public officer's taking official action regarding a matter in which the public officer has a financial interest; and defining 'official action' under the Alaska Executive Branch Ethics Act and related law" was read the second time. Senator Stedman, Cochair, moved and asked unanimous consent for the adoption of the Finance Committee Substitute offered on page 241. Senator Therriault objected, then withdrew his objection. There being no further objection, CS FOR SENATE BILL NO. 19(FIN) "An Act relating to a public officer's taking official action regarding, or influencing, a matter in which the public officer has a personal or 2007-03-02 Senate Journal Page 0419 financial interest; relating to restrictions on employment after leaving state service; prohibiting certain persons from engaging in activity as lobbyists; and defining 'official action' under the Alaska Executive Branch Ethics Act and related law" was adopted. Senator French offered Amendment No. 1 : Page 2, following line 26: Insert a new section to read: "* Sec. 3. AS 39.52.110 is amended by adding a new subsection to read: (d) Stock or other ownership interest in a business is presumed to be insignificant if the value of the stock or other ownership interest is less than $5,000." Renumber the following bill sections accordingly. Page 4, lines 7 - 8: Delete all material and insert: "APPLICABILITY. Sections 4, 5, and 7 of this Act apply to a person who leaves state service on or after the effective date of secs. 4 and 5 of this Act." Senator French moved for the adoption of Amendment No. 1. Senator Therriault objected. The question being: "Shall Amendment No. 1 be adopted?" The roll was taken with the following result: CSSB 19(FIN) Second Reading Amendment No. 1 YEAS: 16 NAYS: 0 EXCUSED: 2 ABSENT: 2 Yeas: Cowdery, Davis, Dyson, Ellis, Elton, French, Huggins, Kookesh, Olson, Stedman, Stevens, Therriault, Thomas, Wagoner, Wielechowski, Wilken Excused: Green, McGuire Absent: Bunde, Hoffman and so, Amendment No. 1 was adopted. 2007-03-02 Senate Journal Page 0420 CS FOR SENATE BILL NO. 19(FIN) am will be on the March 5 calendar.