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CSHB 253(TRA): "An Act relating to the powers of the Department of Transportation and Public Facilities; and relating to the sale, transfer, or disposal of state ferries."

00 CS FOR HOUSE BILL NO. 253(TRA) 01 "An Act relating to the powers of the Department of Transportation and Public 02 Facilities; and relating to the sale, transfer, or disposal of state ferries." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 19.05.040 is amended by adding a new subsection to read: 05 (b) Notwithstanding (a) of this section, the department may not sell, transfer, 06 or otherwise dispose of a ferry without first obtaining legislative approval by law. In 07 this subsection, "ferry" has the meaning given in AS 19.65.030(g). 08 * Sec. 2. AS 19.65.060(a) is amended to read: 09 (a) There is created, as a special account in the general fund, the Alaska 10 marine highway system fund, into which shall be deposited 11 (1) the gross revenue of the Alaska marine highway system; 12 (2) money that is appropriated to the Alaska marine highway system 13 fund by the legislature in an amount that is consistent from year to year and is the 14 amount necessary, after consideration of gross revenue, to provide stable services to

01 the public consistent with the provisions of AS 19.65.050(b)(4), which appropriations 02 are not one-year appropriations and the balances of which do not lapse under 03 AS 37.25.010; [AND] 04 (3) any other money that is appropriated to the Alaska marine highway 05 system fund by the legislature, which appropriations are not one-year appropriations 06 and the balances of which do not lapse under AS 37.25.010; and 07 (4) the proceeds from the sale, transfer, or disposal of a ferry, 08 except for proceeds that are required to be used for an eligible purpose under 23 09 U.S.C.