HB 48: "An Act relating to a determination of costs attributable to relocating the legislature or the state capital or of constructing a new capitol building in the present capital city, and to a determination of all costs of retaining the existing capitol building and keeping the state capital and legislature in the present capital city; relating to voter approval of certain bondable costs; and providing for an effective date."
00 HOUSE BILL NO. 48 01 "An Act relating to a determination of costs attributable to relocating the legislature or 02 the state capital or of constructing a new capitol building in the present capital city, and 03 to a determination of all costs of retaining the existing capitol building and keeping the 04 state capital and legislature in the present capital city; relating to voter approval of 05 certain bondable costs; and providing for an effective date." 06 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 07 * Section 1. The uncodified law of the State of Alaska is amended by adding a new section 08 to read: 09 SHORT TITLE. This Act may be known as the Capitol Cost Disclosure Act. 10 * Sec. 2. The uncodified law of the State of Alaska is amended by adding a new section to 11 read: 12 LEGISLATIVE INTENT. It is the intent of the legislature that this Act provide all 13 residents the opportunity to know the full and true costs of proposals involving the location of
01 the state capital and construction of a new capitol building in the present capital city so that 02 the residents will have the opportunity to express their opinions regarding those proposals. 03 * Sec. 3. AS 44.06.050 is amended to read: 04 Sec. 44.06.050. Purpose of AS 44.06.050 - 44.06.060. The purpose of 05 AS 44.06.050 - 44.06.060 is to guarantee to the people their right to know and to 06 approve in advance all costs of relocating the capital or the legislature and all costs of 07 constructing a new capitol in the present capital city; to ensure [INSURE] that the 08 people will have an opportunity to make an informed and objective decision on 09 relocating the capital or the legislature or constructing a new capitol in the present 10 capital city with all pertinent data concerning the costs to the state; and to ensure 11 [INSURE] that the costs of relocating the capital or the legislature or constructing a 12 new capitol will not be incurred by the state without the approval of the electorate. 13 * Sec. 4. AS 44.06.055 is amended to read: 14 Sec. 44.06.055. Relocation expenditures. State money may be expended to 15 relocate physically the capital or the legislature from the present location only after a 16 majority of those voting in a statewide election have approved a bond issue that 17 includes all bondable costs to the state of the relocation of a functional state legislature 18 or capital to the new site over the 12-year [TWELVE-YEAR] period following that 19 [SUCH] approval. State money may be expended to construct or relocate the 20 legislature or any other state office to a new capitol in the present capital city 21 only after a majority of those voting in a statewide election have approved a bond 22 issue that includes all bondable costs of constructing the new capitol. The 23 commission established in AS 44.06.060 shall determine all bondable costs and all 24 other [TOTAL] costs attributable to a proposal to relocate the legislature or 25 capital or to a proposal to construct a new capitol in the present capital city 26 including, [BUT NOT LIMITED TO,] the costs of moving personnel and offices to 27 the relocation site or the new capitol; the social, economic, and environmental costs 28 to the present and relocation sites or to the existing and new capitols; and the costs 29 to the state of planning, building, furnishing, using, and financing facilities at least 30 equal to those provided by the present capital city or the existing capitol. In 31 considering a proposal to relocate the legislature or the capital, the commission
01 shall also determine all costs attributable to keeping the state capital and 02 legislature in the present capital city. In considering a proposal to construct a 03 new capitol in the present capital city, the commission shall also determine all 04 costs attributable to retaining the existing capitol and all costs of keeping the 05 state capital and legislature in the present capital city. 06 * Sec. 5. The uncodified law of the State of Alaska is amended by adding a new section to 07 read: 08 RETROACTIVITY. This Act is retroactive to January 1, 2005. 09 * Sec. 6. This Act takes effect immediately under AS 01.10.070(c).