CS FOR HOUSE BILL NO. 146(RES) "An Act authorizing the transfer of land from the State of Alaska and the Alaska Railroad Corporation to property owners along the Eielson Spur Line; and providing for an effective date." REPRESENTATIVE TAMMY WILSON, explained that HB 146 restored a reversionary property right to those affected by the repeal of Section 1209 of the Alaska Railroad Transfer Act (ARTA). In 2003, at the urging of the Alaska Railroad Corporation, Congress repealed a few sections of ARTA in order to address some title issues of concern; however, in the process, the property owners' reversionary right, which allowed ownership of the property to be transferred back once the right of way was no longer in use was also repealed. She pointed out that it was important to keep in mind that the bill only restored a right that was taken away and did not grant anyone special privileges, beyond what was originally in ARTA. She furthered that the bill only applied to the homesteads along the Eielson Spur Line. She pointed out that all of the affected parties, the railroad included, agreed on the bill as written. Co-Chair Stedman discussed a zero fiscal note from the Department of Commerce, Community and Economic Development and an indeterminate fiscal note from the Department of Labor and Workforce Development. BONNE stated that it would return her family's right to reclaim their property if the railroad ever moved. Co-Chair Stedman observed that Ms. Woldstad had traveled all the way from the Fairbanks area to testify and indicated that further testimony regarding her situation would be welcomed. Ms. Woldstad explained that her family owned a U.S. patented homestead that pre-existed the railroad. She related that when the railroad was laid to Eielson Air Force Base, it had crossed over the property. She stated that under the March 12, 1914 act, the railroad had the right to cross the property and that her family had never argued or disputed that right; however, in 2003, while attempting to fix track problems in Anchorage that involved land swapping, the railroad had asked Congress to repeal the reversionary clause. She explained that the unintended consequence of repealing the reversionary clause was that her family had lost their mechanism to reclaim ownership of the property if and when the railroad ever moved. 10:05:03 AM HB 146 was HEARD and HELD in committee for further consideration.