2018-05-12                     Senate Journal                      Page 3157
HB 119                                                                                                                        
SENATE CS FOR CS FOR HOUSE BILL NO. 119(FIN) am S "An                                                                           
Act relating to a mandatory exemption from municipal property taxes                                                             
for certain assets of the Alaska Industrial Development and Export                                                              
Authority; relating to dividends from the Alaska Industrial                                                                     
Development and Export Authority; relating to the meanings of 'mark-                                                            
to-market fair value,' 'net income,' 'project or development,' and                                                              
'unrestricted net income' for purposes of the Alaska Industrial                                                                 
Development and Export Authority; extending the expiration date of                                                              
the authorization to finance and issue bonds through the Alaska                                                                 
Industrial Development and Export Authority for a liquefied natural                                                             
gas production system and natural gas distribution system for an                                                                
Interior energy project; relating to land of the Alaska Railroad                                                                
Corporation; relating to the sale of Alaska Railroad Corporation land;                                                          
relating to the financing and bonding authority of the Alaska Railroad                                                          
Corporation; authorizing the exchange of land between the Alaska                                                                
Railroad Corporation and Eklutna, Inc.; authorizing the transfer of                                                             
land from the Alaska Railroad Corporation to the Municipality of                                                                
Anchorage; authorizing the transfer of land from the Alaska Railroad                                                            
Corporation to Usibelli Coal Mine, Inc.; authorizing the transfer of                                                            
land in the Chena Landings Subdivision from the Alaska Railroad                                                                 
Corporation; authorizing the transfer of land from the Alaska Railroad                                                          
Corporation to Alaska Tourism Development, LLC; authorizing the                                                                 
transfer of land from the Alaska Railroad Corporation to                                                                        
NeighborWorks Alaska; authorizing the transfer of land from the                                                                 
Alaska Railroad Corporation to 1048 Whitney Road, Anchorage, LLC;                                                               
authorizing the transfer of land from the Alaska Railroad Corporation                                                           
to 660 Western Drive, Anchorage, LLC; and providing for an effective                                                            
date" was engrossed, signed by the President and Secretary and                                                                  
returned to the House for consideration.