2001-01-12                     Senate Journal                      Page 0072
I urge your prompt and favorable action on this measure.                                            
                                                                                                    
       Sincerely,                                                                                   
       /s/                                                                                          
       Tony Knowles                                                                                 
       Governor                                                                                     
                                                                                                    
SB 36                                                                                             
SENATE BILL NO. 36 BY THE SENATE RULES COMMITTEE                                                    
BY REQUEST OF THE GOVERNOR, entitled:                                                               
                                                                                                    
              "An Act relating to international airports revenue                                   
          bonds; and providing for an effective date."                                              
                                                                                                    
was read the first time and referred to the Transportation and Finance                              
Committees.                                                                                         
                                                                                                    
The following fiscal information was published today:                                               
 Fiscal Note No. 1, Department of Revenue                                                           
                                                                                                    
Governor's transmittal letter dated January 12:                                                     
                                                                                                    
Dear President Halford:                                                                             
                                                                                                    
The Alaska International Airports System (AIAS), comprised of the                                   
Ted Stevens Anchorage International Airport and the Fairbanks                                       
International Airport, is a vital and growing part of our economy. The                              
AIAS and the state's major air carriers are now finalizing a new                                    
operating agreement aimed at continued system development.                                          
Included in the agreement are plans for capital improvements to the                                 
system using revenue bonds, which this bill I transmit today would                                  
authorize.                                                                                          
                                                                                                    
This bill increases the current cumulative authorization for revenue                                
bonds for international airport capital improvements by $147,900,000                                
-- from $305 million to $452,900,000. This is intended to support                                   
capital improvement programs for fiscal years 2002 and 2003.