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.                                                     
                                                                               
                                ANNOUNCEMENTS                                
                                                                               
Announcements are at the end of the journal.                                   
                                                                               
                                 ENGROSSMENT                                 
                                                                               
SJR 40                                                                       
CS FOR SENATE JOINT RESOLUTION NO. 40(RES) Urging the                          
Congress to amend the Oil Pollution Act of 1990 with respect to the            
financial responsibility requirements for offshore exploration and             
production facilities, was engrossed, signed by the President and              
Secretary and transmitted to the House for consideration.                      
                                                                               
SB 247                                                                       
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;