SB 123-ENERGY INDEPENDENCE PROGRAM & FUND: AIDEA                                                                    
                                                                                                                                
1:48:30 PM                                                                                                                    
CHAIR  COSTELLO announced  the consideration  of SENATE  BILL NO.                                                               
123 "An  Act establishing the Alaska  energy independence program                                                               
and the Alaska energy independence  fund in the Alaska Industrial                                                               
Development and Export Authority;  and providing for an effective                                                               
date."                                                                                                                          
                                                                                                                                
She  listed  the  individuals   available  to  answer  questions.                                                               
Finding no questions or comments, she solicited a motion.                                                                       
                                                                                                                                
1:49:32 PM                                                                                                                    
SENATOR GRAY-JACKSON moved to report SB 123, work order 32-                                                                     
GS1074\A, from committee with individual recommendations and                                                                    
attached fiscal note(s).                                                                                                        
                                                                                                                                
1:49:54 PM                                                                                                                    
CHAIR COSTELLO found no objection and SB 123 moved from the                                                                     
Senate Labor and Commerce Standing Committee.