2007-05-04                     Senate Journal                      Page 1064
SB 125                                                                                                                        
SENATE BILL NO. 125 "An Act relating to the accounting and                                                                      
payment of contributions under the defined benefit plan of the Public                                                           
Employees' Retirement System of Alaska, to calculations of                                                                      
contributions under that defined benefit plan, and to participation in,                                                         
and termination of and amendments to participation in, that defined                                                             
benefit plan; making conforming amendments; and providing for an                                                                
effective date" was read the second time.                                                                                       
                                                                                                                                
Senator Stedman, Cochair, moved and asked unanimous consent for                                                                 
the adoption of the Finance Committee Substitute offered on page                                                                
1042. Without objection, CS FOR SENATE BILL NO. 125(FIN) "An                                                                    
Act relating to the accounting and payment of contributions under the                                                           
retirement plans of the Public Employees' Retirement System of                                                                  
Alaska and the Teachers' Retirement System, to calculations of                                                                  
contributions under those retirement plans, and to participation in, and                                                        
termination of and amendments to participation in, the defined benefit                                                          
plans of those systems; relating to employer contributions to the health                                                        
reimbursement arrangement plan; making conforming amendments;                                                                   
and providing for an effective date" was adopted.                                                                               
                                                                                                                                
Senator Stevens moved and asked unanimous consent that the bill be                                                              
considered engrossed, advanced to third reading and placed on final                                                             
passage. Without objection, it was so ordered.                                                                                  

2007-05-04                     Senate Journal                      Page 1065
CS FOR SENATE BILL NO. 125(FIN) was read the third time.                                                                        
                                                                                                                                
The question being: "Shall CS FOR SENATE BILL NO. 125(FIN)                                                                      
"An Act relating to the accounting and payment of contributions under                                                           
the retirement plans of the Public Employees' Retirement System of                                                              
Alaska and the Teachers' Retirement System, to calculations of                                                                  
contributions under those retirement plans, and to participation in, and                                                        
termination of and amendments to participation in, the defined benefit                                                          
plans of those systems; relating to employer contributions to the health                                                        
reimbursement arrangement plan; making conforming amendments;                                                                   
and providing for an effective date" pass the Senate?" The roll was                                                             
taken with the following result:                                                                                                
                                                                                                                                
CSSB 125(FIN)                                                                                                                   
Third Reading - Final Passage                                                                                                   
Effective Dates                                                                                                                 
                                                                                                                                
YEAS:  14   NAYS:  3   EXCUSED:  3   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Cowdery, Dyson, Ellis, Elton, French, Green, Hoffman,                                                                    
McGuire, Olson, Stedman, Stevens, Thomas, Wielechowski, Wilken                                                                  
                                                                                                                                
Nays:  Bunde, Therriault, Wagoner                                                                                               
                                                                                                                                
Excused:  Davis, Huggins, Kookesh                                                                                               
                                                                                                                                
and so, CS FOR SENATE BILL NO. 125(FIN) 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                                                            
clauses. Without objection, it was so ordered and the bill was referred                                                         
to the Secretary for engrossment.