2011-03-22                     Senate Journal                      Page 0576
SB 42                                                                                                                         
The Resources Committee considered SENATE BILL NO. 42 "An                                                                       
Act relating to the procurement of supplies, services, professional                                                             
services, and construction for the Alaska Energy Authority;                                                                     
establishing the Alaska Railbelt energy fund and relating to the fund;                                                          
relating to and repealing the Railbelt energy fund; relating to the                                                             
quorum of the board of the Alaska Energy Authority; relating to the                                                             
powers of the Alaska Energy Authority regarding employees and the                                                               
transfer of certain employees of the Alaska Industrial Development                                                              
Export Authority to the Alaska Energy Authority; relating to acquiring                                                          
or constructing certain projects by the Alaska Energy Authority;                                                                
relating to the definition of 'feasibility study' in the Alaska Energy                                                          
Authority Act; and providing for an effective date" and recommended                                                             
it be replaced with                                                                                                             
                                                                                                                                
          CS FOR SENATE BILL NO. 42(RES) "An Act                                                                                
          establishing the Alaska Railbelt energy fund and                                                                      
          relating to the fund; relating to and repealing the                                                                   
          Railbelt energy fund; relating to the quorum of the                                                                   
          Alaska Energy Authority; relating to the powers of                                                                    
          the Alaska Energy Authority regarding employees                                                                       
          and the transfer of certain employees of the Alaska                                                                   
          Industrial Development Export Authority to the                                                                        
          Alaska Energy Authority; relating to the acquisition                                                                  
          or construction of certain projects by the Alaska                                                                     
          Energy Authority; relating to the Alaska Energy                                                                       
          Authority's creating subsidiary corporations for                                                                      

2011-03-22                     Senate Journal                      Page 0577
          power projects; providing approval by law for the                                                                     
          Alaska Energy Authority to create a subsidiary                                                                        
          corporation relating to the Watana Hydroelectric                                                                      
          Power Project; relating to the definition of 'feasibility                                                             
          study' in the Alaska Energy Authority Act; and                                                                        
          providing for an effective date."                                                                                     
                                                                                                                                
Signing do pass: Senator Wagoner, Cochair; Senator McGuire.                                                                     
Signing amend: Senator Paskvan, Cochair; Senators Wielechowski,                                                                 
Stedman, Stevens. Signing no recommendation: Senator French.                                                                    
                                                                                                                                
The following previously published fiscal information applies:                                                                  
 Fiscal Note No. 1, Department of Commerce, Community and                                                                       
      Economic Development                                                                                                      
 Fiscal Note No. 2, Department of Commerce, Community and                                                                       
      Economic Development                                                                                                      
 Fiscal Note No. 3, Department of Commerce, Community and                                                                       
      Economic Development                                                                                                      
 Fiscal Note No. 4, Department of Commerce, Community and                                                                       
      Economic Development                                                                                                      
 Fiscal Note No. 5, Department of Commerce, Community and                                                                       
      Economic Development                                                                                                      
 Fiscal Note No. 6, Department of Commerce, Community and                                                                       
      Economic Development                                                                                                      
 Fiscal Note No. 7, Department of Commerce, Community and                                                                       
      Economic Development                                                                                                      
                                                                                                                                
The bill was referred to the Finance Committee.