1994-02-09                     Senate Journal                      Page 2765
SB 247                                                                       
CS FOR SENATE BILL NO. 247(2d FIN) was before the Senate on                    
reconsideration.                                                               
                                                                               
The question to be reconsidered: "Shall CS FOR SENATE BILL                     
NO. 247(2d FIN) "An Act making subject to prior legislative                    
approval  contracts  entered  into   or  renewed  by  the executive            
branch of state government, the legislative council, the Alaska Court          
System, and the University of Alaska for the lease of real property            
if the lease has an annual rent payable that is anticipated to exceed          
$500,000 or has total payments that exceed $2,500,000 for the term             
of the lease, including any renewal options that are defined in the            
lease; prohibiting these entities from entering into or renewing a             
lease of real property if any or all renewal periods in the lease              
exceed the original term of the lease; making subject to prior                 
legislative approval lease-purchase agreements that may be entered             
into by these entities to acquire real property, other than                    
lease-purchase agreements to refinance outstanding balances on                 
existing lease-purchase agreements and lease-purchase agreements               
secured by University of Alaska student fees and university receipts;          
authorizing these entities to enter into lease-purchase agreements only        
in the capacity of lessee under the proposed lease-purchase                    
agreement; defining procedures that these entities must follow when            
considering whether or not to enter into lease-purchase agreements,            
and setting limits on the duration of these agreements; providing              
definitions for applicable terms; and providing for an effective date"         
pass the Senate?"  The roll was taken with the following result:               
                                                                               
CSSB 247(2D FIN)                                                               
Third Reading - On Reconsideration                                             
Effective Date                                                                 
                                                                               
YEAS:  17   NAYS:  3   EXCUSED:  0   ABSENT:  0                              
                                                                               
Yeas:  Donley, Frank, Halford, Jacko, Kelly, Kerttula, Leman,                  
Lincoln, Little, Miller, Pearce, Phillips, Rieger, Salo, Sharp, Taylor,        
Zharoff                                                                        
                                                                               
Nays:  Adams, Duncan, Ellis                                                    
                                                                               
Zharoff changed from "Nay" to "Yea".                                           
                                                                               

1994-02-09                     Senate Journal                      Page 2766
SB 247                                                                       
and so, CS FOR SENATE BILL NO. 247(2d FIN) passed the Senate                   
on reconsideration.                                                            
                                                                               
Senator Taylor moved and asked unanimous consent that the vote on              
the passage of the bill be considered the vote on the effective date           
clause.  Without objection, it was so ordered.                                 
                                                                               
CS FOR SENATE BILL NO. 247(2d FIN) was referred to the                         
Secretary for engrossment.