2014-03-18                     Senate Journal                      Page 2046
The question being: "Shall Amendment No. 5 be adopted?" The roll                                                                
was taken with the following result:                                                                                            
                                                                                                                                
CSSB 138(FIN) am                                                                                                                
Second Reading                                                                                                                  
Amendment No. 5                                                                                                                 
                                                                                                                                
YEAS:  5   NAYS:  15   EXCUSED:  0   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Ellis, French, Gardner, Stedman, Wielechowski                                                                            
                                                                                                                                
Nays:  Bishop, Coghill, Dunleavy, Dyson, Egan, Fairclough, Giessel,                                                             
Hoffman, Huggins, Kelly, McGuire, Meyer, Micciche, Olson, Stevens                                                               
                                                                                                                                
and so, Amendment No. 5 failed.                                                                                                 
                                                                                                                                
Senators Wielechowski, Ellis, French, Gardner offered Amendment                                                                 
No. 6 :                                                                                                                          
                                                                                                                                
Page 1, line 7, following "on gas;":                                                                                          
     Insert "relating to an option for the state to acquire an                                                                
ownership interest in a North Slope natural gas project;"                                                                     
                                                                                                                                
Page 15, following line 30:                                                                                                     
     Insert a new bill section to read:                                                                                         
"* Sec. 16. AS 38.05 is amended by adding a new section to read:                                                              
          Sec. 38.05.023. State option to acquire an ownership                                                                
     interest in a North Slope natural gas project. (a) An agreement                                                          
     or contract associated with a North Slope natural gas project that                                                         
     includes an option for the state to acquire an ownership interest in                                                       
     a gas pipeline or gas treatment plant may not require the state to                                                         
     exercise the option before the final investment decision is made to                                                        
       commence the construction of a North Slope natural gas project.                                                         
          (b)  In this section, "gas pipeline" and "gas treatment plant"                                                        
     have the meanings given in AS 31.25.390."                                                                                  
                                                                                                                                
Renumber the following bill sections accordingly.                                                                               
                                                                                                                                
Page 17, line 24:                                                                                                               
     Delete "sec. 17"                                                                                                           
     Insert "sec. 18"