1998-05-12                     Senate Journal                      Page 4155
HB 144                                                                       
and so, SENATE CS FOR CS FOR HOUSE BILL NO. 144(RLS)                           
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.                                  
                                                                               
HB 230                                                                       
Senator Mackie requested that the reconsideration on CS FOR                    
HOUSE BILL NO. 230(FIN) An Act amending the definition of                      
small community for purposes of housing programs involving the                 
Alaska Housing Finance Corporation be taken up.                                
                                                                               
Senator Halford objected. Senator Mackie moved and asked                       
unanimous consent that he be allowed to withdraw his request.                  
Without objection, it was so ordered.                                          
                                                                               
HB 393                                                                       
Senator Pearce requested that the reconsideration on SENATE CS                 
FOR CS FOR HOUSE BILL NO. 393(FIN) An Act relating to                          
contracts with the state establishing payments in lieu of other taxes          
by a qualified sponsor or qualified sponsor group for projects to              
develop stranded gas resources in the state; providing for the                 
inclusion in the contracts of terms making certain adjustments                 
regarding royalty value and the timing and notice of the states right          
to take royalty in kind or in value from projects to develop stranded          
gas resources in the state; relating to the effect of the contracts on         
municipal taxation; and providing for an effective date be taken up.           
The bill was before the Senate on reconsideration.                             
                                                                               
Senator Pearce called the Senate. Senator Pearce lifted the call.              
                                                                               
Senator Kelly offered the following Letter of Intent:                          
                                                                               
			Letter of Intent for                                                        
     SENATE CS FOR CS FOR HOUSE BILL NO. 393(FIN)                              
                                                                               
It is the intent of the Senate that Alaska continue to work on any             
method of commercializing its stranded gas resources to maximize               
the value of these resources for the benefit of the people of the state.