1993-04-06                     Senate Journal                      Page 1124
SB 171                                                                       
The Finance Committee considered SENATE BILL NO. 171 "An                       
Act relating to the contracting and financing authority of the Alaska          
Industrial Development and Export Authority, giving approval of the            
issuance of the authority's revenue bonds, and delaying the                    
termination date of the authority's business assistance program; and           
providing for an effective date" and recommended it be replaced                
with                                                                           
                                                                               
	CS FOR SENATE BILL NO. 171(FIN), entitled:                                    
"An Act relating to the contracting and financing                             
authority of the Alaska Industrial Development and                             
Export Authority; authorizing the authority to issue                           
bonds in a principal amount not to exceed                                      
$40,000,000 to finance the acquisition, design, and                            
construction of public use aircraft fueling facilities,                        
to issue bonds in a principal amount not to exceed                             
$50,000,000  to  finance the acquisition, design, and                          
construction of port facilities related to the                                 
development and operation of a direct reduction iron                           
ore processing facility located at Point MacKenzie,                            
and to issue bonds not to exceed $50,000,000 for an                            
Anchorage seafood processing, storage, and loading                             
project; delaying the termination date of the                                  
authority's business assistance program; and                                   
providing for an effective date."                                              
                                                                               
Signing do pass:  Senators Frank, Pearce, Cochairs, Senators Kelly,            
Kerttula, Sharp.  Signing no recommendation:  Senators Rieger,                 
Jacko.                                                                         
                                                                               
Previous zero fiscal note.                                                     
                                                                               
SENATE BILL NO. 171 was referred to the Rules Committee.