Legislature(1993 - 1994)
1993-07-21 House Journal
Full Journal pdf1993-07-21 House Journal Page 1944 HB 216 The following letter, dated May 26, 1993, was received regarding: SENATE CS FOR CS FOR HOUSE BILL NO. 216(RLS) "An Act relating to power cost equalization; and providing for an effective date." "Dear Speaker Barnes: Under the authority of art. II, sec. 15, of the Alaska Constitution, I have vetoed SCS CSHB 216(RLS), an act relating to power cost equalization, and providing for an effective date. I am vetoing the bill not because I am against the changes made in the bill, but because I signed most of the changes into law on May 13, 1993, in HCS CSSB 106(FIN). 1993-07-21 House Journal Page 1945 HB 216 Also, SCS CSHB 216(RLS) poses difficulties in that one section of it differs in a significant way from HCS CSSB 106(FIN). In SCS CSHB 216 (RLS), the minimum floor for power cost equalization (PCE) is 9.82 cents per kilowatt-hour, while HCS CSSB 106(FIN) sets the same floor at 9.5 cents. The practical effect of the difference is that if this bill were signed into law, effective July1, 1993 the minimum floor for PCE would be raised to 9.82 cents for approximately six weeks, and then would be lowered to 9.5 cents when HCS CSSB 106(FIN) takes effect in mid-August. The difference would likely cause difficulties for the state agency in administering the program and for public utilities in making billings using PCE. Because most of the changes in SCS CSHB 216(RLS) will take effect through HCS CSSB 106(FIN), and because of the potential for administrative errors and subsequent litigation if the minimum PCE floor changes in SCS CSHB 216(RLS) were to take effect, I believe that the veto of this bill is necessary. Sincerely, /s/ Walter J. Hickel Governor"