1999-05-25                     House Journal                      Page 1736
HB 1001                                                                      
On page 1725, replace Amendment No. 1 by Representative Davies to              
CSHB 1001 am, with the following corrected amendment:                          
                                                                               
Page 3, Line 7, following "AS 37.13.145(b)":                                   
	Insert ", as repealed and reenacted in sec. 2 of this Act,"                   
                                                                               
Page 3, following line 17, insert a new paragraph to read:                     
                                                                               
	"(1)  fiscal year 2000 is equal to 5.88 percent of the average of the         
quarter-end market value for the last eight fiscal year quarters before        
the fiscal year just ended of                                                  
		(A)  the Alaska permanent fund (art. IX, sec. 15,                           
Constitution of the State of Alaska), including the Alaska Income              
Account; and                                                                   
		(B)  the budget reserve fund (art. IX, sec. 17, Constitution                
of the State of Alaska);"                                                      
                                                                               
Renumber the following paragraphs accordingly.                                 
                                                                               
                                                                               
Page 4, line 24:                                                               
	Delete "2001"                                                                 
	Insert "2000"                                                                 
                                                                               
Page 5, Line 16:                                                               
	Delete all material.                                                          
                                                                               
Renumber the following bill sections accordingly.                              
                                                                               
                                                                               

1999-05-25                     House Journal                      Page 1737
HB 1001                                                                      
Page 5, Line 17:                                                               
	Delete "6 and 8 of this Act take effect January 1, 2001"                      
	Insert "8 of this Act take effect January 31, 2000"                           
                                                                               
Page 5, Line 18:                                                               
	Delete all material.                                                          
                                                                               
Renumber the following bill section accordingly.                               
                                                                               
Page 5, Line 19:                                                               
	Delete "Sections 9 and 10 of this Act take"                                   
	Insert "Section 9 of this Act takes"                                          
                                                                               
There being no objection, it was so ordered.