Legislature(2005 - 2006)
2006-05-06 Senate JournalFull Journal pdf
2006-05-06 Senate Journal Page 3239 HB 381 CS FOR HOUSE BILL NO. 381(FIN) "An Act relating to the financing of construction, major maintenance, and renovation of certain capital projects; authorizing the commissioner of revenue to sell the right to receive a portion of the anticipated revenue from a tobacco litigation settlement to the Northern Tobacco Securitization 2006-05-06 Senate Journal Page 3240 Corporation, and relating to that sale and the use of the revenue; authorizing the Northern Tobacco Securitization Corporation to issue bonds and use the proceeds to acquire the right to receive a portion of anticipated revenue from a tobacco litigation settlement and for other purposes, and relating to those bonds; and providing for an effective date" was read the second time. Senator Green, Cochair, moved and asked unanimous consent for the adoption of the Finance Senate Committee Substitute offered on page 3229. Without objection, SENATE CS FOR CS FOR HOUSE BILL NO. 381(FIN) was adopted. Amendment No. 1 was not offered. Senator Green offered Amendment No. 2 : Page 5, line 21: Delete "Thomas Bay Power Authority" Insert "Alaska Energy Authority" Senator Green moved for the adoption of Amendment No. 2. Senator Ellis objected, then withdrew his objection. There being no further objection, Amendment No. 2 was adopted. Senator Green offered Amendment No. 3 : Page 4, line 1: Delete "Campus Center Renewal and Renovation" Insert "Tanana Valley Campus: Campus Center Renewal and Renovation" Page 4, line 27: Delete "Southeast Islands -" Insert "Sitka -" Page 4, line 30: Delete "City of Craig" Insert "Southeast Islands - City of Craig" 2006-05-06 Senate Journal Page 3241 Senator Green moved for the adoption of Amendment No. 3. Without objection, Amendment No. 3 was adopted. President Stevens stated SENATE CS FOR CS FOR HOUSE BILL NO. 381(FIN) am S will be on the May 7 calendar.