00                   CS FOR SENATE RESOLUTION NO. 4(FIN)                                                                  
01 Relating to the federal stimulus package.                                                                               
02 BE IT RESOLVED BY THE SENATE:                                                                                           
03       WHEREAS the economy of the United States is experiencing a recession that is                                    
04 causing significant loss of employment and income for many American families; and                                       
05       WHEREAS significant financial hardship is also occurring in Alaska and is                                       
06 exacerbated by the current price of oil and the continuing high cost of other types of energy;                          
07 and                                                                                                                     
08       WHEREAS the loss of income in the state has made it difficult for many families in                              
09 the state to afford the necessities of life, including fuel, food, and health care; and                                 
10       WHEREAS the federal government is considering a stimulus package to alleviate the                               
11 dire consequences of the nation's economic downturn; and                                                                
12       WHEREAS the proposed federal stimulus package emphasizes the need for each state                                
13 to boost its local economies through the initiation of a wide range of projects, including                              
14 projects involving transportation facilities, school construction, health care services, and                            
15 energy resources, and these projects will temporarily provide employment to workers to help                             
16 them and their families weather the current economic hardships; and                                                     

01       WHEREAS to accomplish that purpose, the United States Congress is relying on                                    
02 existing formulas and grant programs to allocate funds to the states, and President Obama and                           
03 the leadership of both parties in the United States Congress have indicated that specific                               
04 projects will not be included in the economic stimulus package;                                                         
05       BE IT RESOLVED that the Senate desires a comprehensive federal stimulus package                                 
06 that allocates to Alaska the state's fair share of funding so that the citizens of all regions of the                   
07 state will benefit and that includes a provision entitling Alaska to receive an outer continental                       
08 shelf revenue share that is commensurate with the share provided for the gulf-producing                                 
09 states; and be it                                                                                                       
10       FURTHER RESOLVED by the Senate that Alaska's participation in the federal                                       
11 stimulus package should recognize the breadth of the state's economy by stimulating a variety                           
12 of the segments of the state's economy, including transportation, energy, education, health                             
13 care, nutrition, the environment, information technology, and other areas.                                              
14       COPIES of this resolution shall be sent to the Honorable Barack Obama, President of                             
15 the United States; and the Honorable Lisa Murkowski and the Honorable Mark Begich, U.S.                                 
16 Senators, and the Honorable Don Young, U.S. Representative, members of the Alaska                                       
17 delegation in Congress.