1993-04-14                     Senate Journal                      Page 1388
SB 171                                                                       
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" was read the          
second time.                                                                   

1993-04-14                     Senate Journal                      Page 1389
SB 171                                                                       
Senator Pearce moved and asked unanimous consent for the adoption              
of the Finance Committee Substitute offered on page 1124.  Senator             
Little objected, then withdrew her objection.  There being no further          
objections, CS FOR SENATE BILL NO. 171(FIN) "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" was adopted.                                  
                                                                               
CS FOR SENATE BILL NO. 171(FIN) was read the second time.                      
                                                                               
Senator Taylor moved and asked unanimous consent that CS FOR                   
SENATE BILL NO. 171(FIN) be considered engrossed, advanced to                  
third reading and placed on final passage.  Senator Adams objected.            
                                                                               
The question being: "Shall CS FOR SENATE BILL NO. 171(FIN)                     
be advanced to third reading?"  The roll was taken with the                    
following result:                                                              
                                                                               
CSSB 171(FIN)                                                                  
Advance from Second to Third Reading?                                          
                                                                               
YEAS:  11   NAYS:  9   EXCUSED:  0   ABSENT:  0                              
                                                                               
Yeas:  Frank, Halford, Jacko, Kelly, Leman, Miller, Pearce, Phillips,          
Rieger, Sharp, Taylor                                                          
                                                                               
Nays:  Adams, Donley, Duncan, Ellis, Kerttula, Lincoln, Little, Salo,          
Zharoff                                                                        
                                                                               
and so, CS FOR SENATE BILL NO. 171(FIN) failed to advance to                   
third reading.