Legislature(2013 - 2014)

2014-04-25 Senate Journal

Full Journal pdf

2014-04-25                     Senate Journal                      Page 2798
SB 99                                                                                                                         
Message dated April 25 was read stating the House passed and                                                                    
returned for consideration 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                                                                

2014-04-25                     Senate Journal                      Page 2799
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" with the following amendment:                                                                                  
                                                                                                                                
          CS FOR SENATE BILL NO. 99(L&C) am H "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';                                                                         
          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; and relating to legislative approval                                                                 
          for a loan from the power project fund for the Blue                                                                   
          Lake hydroelectric project." (Title Change HCR 34)                                                                    
                                                                                                                                
Senator Fairclough, Acting Majority Leader, moved that the Senate                                                               
concur in the House amendment.                                                                                                  
                                                                                                                                
The question being: "Shall the Senate concur in the House                                                                       
amendment?" The roll was taken with the following result:                                                                       
                                                                                                                                
CSSB 99(L&C) am H                                                                                                               
Shall the Senate Concur in the House                                                                                            
Amendment to CSSB 99(L&C)?                                                                                                      
                                                                                                                                
YEAS:  19   NAYS:  0   EXCUSED:  1   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Bishop, Dunleavy, Dyson, Egan, Ellis, Fairclough, French,                                                                
Gardner, Giessel, Hoffman, Huggins, Kelly, McGuire, Meyer,                                                                      
Micciche, Olson, Stedman, Stevens, Wielechowski                                                                                 
                                                                                                                                
Excused:  Coghill                                                                                                               
                                                                                                                                

2014-04-25                     Senate Journal                      Page 2800
and so, the Senate concurred in the House amendment, thus adopting                                                              
CS FOR SENATE BILL NO. 99(L&C) am H "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'; 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; and relating to legislative approval for a loan from the power                                                         
project fund for the Blue Lake hydroelectric project."                                                                          
                                                                                                                                
The Secretary was requested to notify the House.                                                                                
                                                                                                                                
The bill was referred to the Secretary for enrollment.