2004-02-24                     House Journal                      Page 2716
SB 283                                                                                            
The following was read the second time:                                                             
                                                                                                    
    CS FOR SENATE BILL NO. 283(FIN)                                                                 
    "An Act making an appropriation to reverse the deposit of money                                 
    available for appropriation in the general fund at the end of fiscal                            
    year 2003 into the constitutional budget reserve fund; making an                                

2004-02-24                     House Journal                      Page 2717
    appropriation for investment management fees for the                                            
    constitutional budget reserve fund; making appropriations under                                 
    art. IX, sec. 17(c), Constitution of the State of Alaska, from the                              
    constitutional budget reserve fund; and providing for an effective                              
    date."                                                                                          
                                                                                                    
with the:                                                   Journal Page                            
                                                                                                    
 FIN RPT 9DP                                                         2686                           
                                                                                                    
Amendment No. 1 was offered  by Representatives Croft, Harris, and                                   
Coghill:                                                                                            
                                                                                                    
Page 2, following line 4:                                                                           
    Insert a new subsection to read:                                                                
         "(c)  The sum of $2,150,000 is appropriated from the budget                                
    reserve fund (art. IX, sec. 17, Constitution of the State of Alaska)                            
    to the Department of Revenue, Alaska Natural Gas Development                                    
    Authority, for cost, risk, and benefit analysis and for design of a                             
    pipeline and related facilities to bring natural gas from the North                             
    Slope to market and for marketing of North Slope natural gas."                                 
                                                                                                    
Page 2, line 5:                                                                                     
    Delete "(c)  The appropriations in (a) and (b)"                                                 
    Insert  "(d)  The appropriations in (a) - (c)"                                                  
                                                                                                    
Page 2, following line 6:                                                                           
    Insert a new bill section to read:                                                              
"* Sec. 2.  The appropriation made by sec. 1(c) of this Act lapses                                
June 30, 2009."                                                                                     
                                                                                                    
Renumber the following bill sections accordingly.                                                   
                                                                                                    
Page 2, line 7:                                                                                     
    Delete "Section 1 of this Act is"                                                               
    Insert  "Subsections (a) and (b) of sec. 1 of this Act are"                                     
                                                                                                    
Representative Croft moved and asked unanimous consent that                                         
Amendment No. 1 be adopted.                                                                         
                                                                                                    

2004-02-24                     House Journal                      Page 2718
Representative Williams objected.                                                                   
                                                                                                    
The Speaker stated that, without objection, CSSB 283(FIN) would be                                  
held to the February 26, 2004, calendar with Amendment No. 1 moved                                  
and pending.