2006-08-05                     Senate Journal                      Page 3714
SB 3002                                                                                           
The Special Committee on Natural Gas Development considered                                         
SENATE BILL NO. 3002 "An Act relating to the Alaska Stranded                                        
Gas Development Act; relating to municipal impact money received                                    
under the terms of a stranded gas fiscal contract; relating to                                      
determination of full and true value of property and required                                       
contributions for education in municipalities affected by stranded gas                              
fiscal contracts; and providing for an effective date" and recommended                              
it be replaced with                                                                                 

2006-08-05                     Senate Journal                      Page 3715
          CS FOR SENATE BILL NO. 3002(NGD) "An Act                                                  
          amending the time allowed under the Alaska                                                
          Stranded Gas Development Act for the commissioner                                         
          of revenue to summarize public comments, propose                                          
          amendments, if any, and make findings and a                                               
          determination; and providing for an effective date."                                      
                                                                                                    
Signing do pass: Senator Seekins, Chair; Senators Ben Stevens,                                      
Hoffman, Dyson, Elton, Kookesh, Stedman, Wagoner, Olson. Signing                                    
no recommendation: Senator Wilken.                                                                  
                                                                                                    
The following previously published fiscal information applies:                                      
 Fiscal Note No. 1, zero, Department of Revenue                                                     
 Fiscal Note No. 2, zero, Department of Natural Resources                                           
                                                                                                    
The bill is on today's calendar.                                                                    
SB 3002                                                                                           
SENATE BILL NO. 3002 "An Act relating to the Alaska Stranded                                        
Gas Development Act; relating to municipal impact money received                                    
under the terms of a stranded gas fiscal contract; relating to                                      
determination of full and true value of property and required                                       
contributions for education in municipalities affected by stranded gas                              
fiscal contracts; and providing for an effective date" was read the                                 
second time.                                                                                        
                                                                                                    
Senator Gary Stevens moved and asked unanimous consent for the                                      
adoption of the Special Committee on Natural Gas Development                                        
Committee Substitute offered on page 3715. Without objection, CS                                    
FOR SENATE BILL NO. 3002(NGD) "An Act amending the time                                             
allowed under the Alaska Stranded Gas Development Act for the                                       
commissioner of revenue to summarize public comments, propose                                       
amendments, if any, and make findings and a determination; and                                      
providing for an effective date" was adopted.                                                       
                                                                                                    

2006-08-05                     Senate Journal                      Page 3716
President Stevens stated CS FOR SENATE BILL NO. 3002(NGD)                                           
will be on the August 7 calendar.