2005-05-17                     Senate Journal                      Page 1677
SB 122                                                                                            
SENATE BILL NO. 122 "An Act establishing the Alaska capital                                         
income account within the Alaska permanent fund; relating to deposits                               
into the account; relating to certain transfers regarding the Amerada                               
Hess settlement to offset the effects of inflation on the Alaska                                    
permanent fund; and providing for an effective date" was read the                                   
second time.                                                                                        
                                                                                                    
Senator Gary Stevens moved and asked unanimous consent that the                                     
bill be considered engrossed, advanced to third reading and placed on                               
final passage. Without objection, it was so ordered.                                                
                                                                                                    
SENATE BILL NO. 122 was read the third time.                                                        
                                                                                                    
The question being: "Shall SENATE BILL NO. 122 "An Act                                              
establishing the Alaska capital income account within the Alaska                                    
permanent fund; relating to deposits into the account; relating to                                  
certain transfers regarding the Amerada Hess settlement to offset the                               
effects of inflation on the Alaska permanent fund; and providing for an                             
effective date" pass the Senate?" The roll was taken with the following                             
result:                                                                                             
                                                                                                    
SB 122                                                                                              
Third Reading - Final Passage                                                                       
Effective Date                                                                                      
                                                                                                    
YEAS:  14   NAYS:  3   EXCUSED:  3   ABSENT:  0                                                   
                                                                                                    
Yeas:  Cowdery, Dyson, Elton, Green, Hoffman, Huggins, Kookesh,                                     
Olson, Stedman, Stevens B, Stevens G, Therriault, Wagoner, Wilken                                   
                                                                                                    
Nays:  Ellis, French, Guess                                                                         
                                                                                                    
Excused:  Bunde, Davis, Seekins                                                                     
                                                                                                    
and so, SENATE BILL NO. 122 passed the Senate.                                                      
                                                                                                    
                                                                                                    

2005-05-17                     Senate Journal                      Page 1678
Senator Gary Stevens moved and asked unanimous consent that the                                     
vote on the passage of the bill be considered the vote on the effective                             
date clause. Without objection, it was so ordered and the bill was                                  
referred to the Secretary for engrossment.