2003-04-04                     Senate Journal                      Page 0689
HB 16                                                                                             
The Finance Committee considered CS FOR HOUSE BILL NO.                                              
16(FIN) am "An Act amending, for purposes of the Alaska Stranded                                    
Gas Development Act, the standards applicable to determining                                        
whether a proposed new investment constitutes a qualified project, the                              
standards used to determine whether a person or group qualifies as a                                
project sponsor or project sponsor group, and the deadline for                                      
applications relating to the development of contracts for payments in                               
lieu of taxes and for royalty adjustments that may be submitted for                                 
consideration, and modifying the conditions bearing on the use of                                   
independent contractors to evaluate applications or to develop contract                             

2003-04-04                     Senate Journal                      Page 0690
terms; providing statements of intent for the Act relating to use of                                
project labor agreements and to reopening of contracts; and providing                               
for an effective date." Signing do pass: Senators Green, Wilken,                                    
Cochairs; Senators Olson, Ben Stevens, Bunde. Signing amend:                                        
Senator Taylor.                                                                                     
                                                                                                    
The following previously published fiscal information applies:                                      
 Fiscal Note No. 1, zero, Department of Community and Economic                                      
  Development                                                                                       
 Fiscal Note No. 4, Department of Revenue                                                           
                                                                                                    
The bill is on today's calendar.