2022-01-18                     Senate Journal                      Page 1602
SB 166                                                                                                                        
SENATE BILL NO. 166 BY THE SENATE RULES COMMITTEE                                                                               
BY REQUEST OF THE GOVERNOR, entitled:                                                                                           
                                                                                                                                
          "An Act providing for and relating to the issuance of                                                                 
          general obligation bonds for the purpose of paying                                                                    
          the cost of state infrastructure projects, including                                                                  
          construction, major maintenance, and port and                                                                         
          transportation projects; and providing for an effective                                                               
          date."                                                                                                                
                                                                                                                                
was read the first time and referred to the Transportation and Finance                                                          
Committees.                                                                                                                     
                                                                                                                                
The following fiscal information was published today:                                                                           
 Fiscal Note No. 1, Department of Revenue                                                                                       
                                                                                                                                
Governor's transmittal letter dated January 17:                                                                                 
                                                                                                                                
Dear President Micciche:                                                                                                        
                                                                                                                                
Under the authority of Article III, Section 18, of the Alaska                                                                   
Constitution, I am transmitting a bill relating to voter approval, at an                                                        
election, of general obligation bonds in the amount of $325,175,000                                                             
for the purpose of funding infrastructure-based capital improvement                                                             
projects.                                                                                                                       
                                                                                                                                
These projects include critical airport, highway, road, and bridge                                                              
improvements, and upgrades and repairs for various municipal and                                                                
state facilities.                                                                                                               
                                                                                                                                

2022-01-18                     Senate Journal                      Page 1603
This bill poses the question to voters as to whether the State should                                                           
issue general obligation bonds to fund these critical projects. If                                                              
ratified, these projects will benefit Alaskans statewide and improve                                                            
our infrastructure, transportation, education, and recreation throughout                                                        
the State. The question would be submitted to the voters at the next                                                            
statewide general election.                                                                                                     
                                                                                                                                
I urge your prompt and favorable action on this measure.                                                                        
                                                                                                                                
Sincerely,                                                                                                                      
/s/                                                                                                                             
Mike Dunleavy                                                                                                                   
Governor