00 HOUSE BILL NO. 313 01 "An Act providing for and relating to the issuance of general obligation bonds for the 02 purpose of paying the cost of a scientific crime detection laboratory; and providing for 03 an effective date." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05  * Section 1. The uncodified law of the State of Alaska is amended by adding a new 06 section to read: 07 GENERAL OBLIGATION BONDS. For the purpose of paying the cost of design 08 and construction of a scientific crime detection laboratory, general obligation bonds of the 09 state in the principal amount of not more than $100,000,000, if ratified by a majority of the 10 qualified voters of the state who vote on the question, shall be issued and sold. The full faith, 11 credit, and resources of the state are pledged to the payment of the principal of and interest 12 and redemption premium, if any, on the bonds. The bonds shall be issued under the 13 provisions of AS 37.15 as those provisions read at the time of issuance. 14 * Sec. 2. The uncodified law of the State of Alaska is amended by adding a new section to 01 read: 02 SCIENTIFIC CRIME DETECTION LABORATORY PROJECT FUND. If the 03 issuance of the bonds is ratified by a majority of the qualified voters of the state who vote on 04 the question, a special fund of the state to be known as the "scientific crime detection 05 laboratory project fund" shall be established, to which shall be credited the proceeds of the 06 sale of the bonds described in sec. 1 of this Act except for the accrued interest and 07 premiums. 08 * Sec. 3. The uncodified law of the State of Alaska is amended by adding a new section to 09 read: 10 DEPARTMENT OF PUBLIC SAFETY. The amount of $100,000,000 of general 11 obligation bond proceeds deposited to the scientific crime detection laboratory project fund 12 and up to $6,000,000 in anticipated investment earnings in the scientific crime detection 13 laboratory project fund is appropriated to the Department of Public Safety to be allocated to 14 the design and construction of a scientific crime detection laboratory in Anchorage, Alaska. 15 * Sec. 4. The uncodified law of the State of Alaska is amended by adding a new section to 16 read: 17 STATE BOND COMMITTEE. If the issuance of the bonds is ratified by a majority 18 of the qualified voters of the state who vote on the question, the amount of $500,000 or as 19 much of that amount as is found necessary is appropriated from the general fund of the state 20 to the state bond committee to carry out the provisions of this Act and to pay expenses 21 incident to the sale and issuance of the bonds authorized in this Act. The amounts expended 22 from the appropriation authorized by this section shall be reimbursed to the general fund 23 from the proceeds of the sale of the bonds authorized by this Act. 24 * Sec. 5. The uncodified law of the State of Alaska is amended by adding a new section to 25 read: 26 ADVANCE PLANNING. The amount withdrawn from the public facility planning 27 fund (AS 35.10.135) for the purpose of advance planning for the capital improvements 28 financed under this Act shall be reimbursed to the fund from the proceeds of the sale of 29 bonds authorized by this Act. 30 * Sec. 6. The uncodified law of the State of Alaska is amended by adding a new section to 31 read: 01 LAPSE; REDEMPTION; REIMBURSEMENT. The unexpended and unobligated 02 balance of the appropriation made in sec. 3 of this Act lapses under AS 37.25.020 and is 03 appropriated to the state bond committee to redeem bonds sold under this Act. The amounts 04 expended from the general fund to pay the principal, interest, and redemption premium on 05 bonds issued under this Act shall be reimbursed to the general fund from the appropriation 06 made under this section to the extent that the money is not needed to redeem the bonds. 07 * Sec. 7. The uncodified law of the State of Alaska is amended by adding a new section to 08 read: 09 BALLOT QUESTION. The question whether the bonds authorized in this Act are to 10 be issued shall be submitted to the qualified voters of the state at the next general election 11 and shall read substantially as follows: 12 P R O P O S I T I O N 13 State General Obligation Scientific Crime Detection 14 Laboratory Bonds $100,000,000 15 Shall the State of Alaska issue its general obligation bonds 16 in the principal amount of not more than $100,000,000 for 17 the purpose of paying the cost of design and construction of 18 a scientific crime detection laboratory? 19 Bonds Yes [ ] 20 Bonds No [ ] 21 * Sec. 8. This Act takes effect immediately under AS 01.10.070(c).