2003-08-20                     Senate Journal                      Page 1784
          SENATE CS FOR CS FOR SPONSOR                                                              
          SUBSTITUTE FOR HOUSE BILL NO. 86(JUD)(efd                                                 
          fld S) "An Act relating to state permitted projects."                                     
                                                                                                    
                               Chapter 81, SLA 2003                                                
                             Effective Date: 09/10/03                                              
                                                                                                    
SB 100                                                                                            
Message dated June 12 and received June 16, stating:                                                
                                                                                                    
Dear President Therriault:                                                                          
                                                                                                    
On this date I have signed with line item vetoes the following bill                                 
passed by the first session of the Twenty-third Alaska State                                        
Legislature and am transmitting the engrossed and enrolled copies to                                
the Lieutenant Governor's Office for permanent filing:                                              
                                                                                                    
          HOUSE CS FOR CS FOR SENATE BILL NO.                                                       
          100(FIN) am H(brf sup maj fld H) "An Act making                                           
          capital appropriations, supplemental appropriations,                                      
          and reappropriations; capitalizing funds; making                                          
          other appropriations; making appropriations under                                         
          art. IX, sec. 17c, Constitution of the State of Alaska,                                   
          from the constitutional budget reserve fund; and                                          
          providing for an effective date."                                                         
                                                                                                    
                               Chapter 82, SLA 2003                                                
                            Effective Date: See Chapter                                            
                                                                                                    
Introduction of the administration's operating budget last March and                                
the Legislature's subsequent deliberations marked a turning point in                                
Alaska's fiscal history. The approved budgets and revenue-related                                   
legislation reflect our joint recognition that Alaska's finances must                               
immediately be corrected. We also recognize that we must take these                                 
necessary steps now and not wait for a "politically convenient" time -                              
because it will never arrive. This means we must cut spending now,                                  
use our reserves prudently now, and get more users to help pay for                                  
state services. We also recognize that we must take the steps necessary                             
now to generate revenues from resource development in the near                                      
future.