2014-03-26                     Senate Journal                      Page 2159
SB 99                                                                                                                         
SENATE BILL NO. 99 "An Act correcting a reference to the Alaska                                                                 
Industrial Development and Export Authority revolving fund; limiting                                                            
the use of the Alaska Industrial Development and Export Authority                                                               
sustainable energy transmission and supply development fund for                                                                 
certain loans and loan guarantees and allowing the development fund                                                             
to be used as security for a bond guarantee; and amending the                                                                   
definition of 'qualified energy development'" was read the second                                                               
time.                                                                                                                           
                                                                                                                                
Senator Dunleavy, Chair, moved and asked unanimous consent for the                                                              
adoption of the Labor and Commerce Committee Substitute offered on                                                              
page 2100. Senator French objected, then withdrew his objection.                                                                
There being no further objection, CS FOR SENATE BILL                                                                            
NO. 99(L&C) "An Act relating to the Alaska Industrial Development                                                               
and Export Authority revolving fund; limiting the use of the Alaska                                                             
Industrial Development and Export Authority sustainable energy                                                                  
transmission and supply development fund for certain loans and loan                                                             
guarantees and allowing the development fund to be used as security                                                             
for a bond guarantee; amending the definition of 'qualified energy                                                              
development'; and authorizing the Alaska Industrial Development and                                                             
Export Authority to issue bonds to finance the infrastructure and                                                               
construction costs of the Bokan-Dotson Ridge rare earth element                                                                 
project and the Niblack project" was adopted.                                                                                   
                                                                                                                                
                                                                                                                                

2014-03-26                     Senate Journal                      Page 2160
Senator Coghill 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.                                                                                  
                                                                                                                                
CS FOR SENATE BILL NO. 99(L&C) was read the third time.                                                                         
                                                                                                                                
The question being: "Shall CS FOR SENATE BILL NO. 99(L&C)                                                                       
"An Act relating to the Alaska Industrial Development and Export                                                                
Authority revolving fund; limiting the use of the Alaska Industrial                                                             
Development and Export Authority sustainable energy transmission                                                                
and supply development fund for certain loans and loan guarantees                                                               
and allowing the development fund to be used as security for a bond                                                             
guarantee; amending the definition of 'qualified energy development';                                                           
and authorizing the Alaska Industrial Development and Export                                                                    
Authority to issue bonds to finance the infrastructure and construction                                                         
costs of the Bokan-Dotson Ridge rare earth element project and the                                                              
Niblack project" pass the Senate?" The roll was taken with the                                                                  
following result:                                                                                                               
                                                                                                                                
CSSB 99(L&C)                                                                                                                    
Third Reading - Final Passage                                                                                                   
                                                                                                                                
YEAS:  20   NAYS:  0   EXCUSED:  0   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Bishop, Coghill, Dunleavy, Dyson, Egan, Ellis, Fairclough,                                                               
French, Gardner, Giessel, Hoffman, Huggins, Kelly, McGuire, Meyer,                                                              
Micciche, Olson, Stedman, Stevens, Wielechowski                                                                                 
                                                                                                                                
and so, CS FOR SENATE BILL NO. 99(L&C) passed the Senate.                                                                       
                                                                                                                                
Senator French gave notice of reconsideration.